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The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: ---------- Home REIT PLC - London-based investor in the UK social housing sector - Completes the sale of 706 properties, the majority of its portfolio of assets, to Patron Capital for £123 million. Initial proceeds of £98 million, have now been paid. An additional deferred payment of £25 million will be received on April 1, 2027, 12 months from the date of completion. The remaining properties in the portfolio were valued at £17.4 million in the valuation report prepared by Jones Lang LaSalle as at August 31, 2025. The majority of these are expected to be sold in the first half of 2026. Home REIT says it has been ‘working extensively’ with advisers to determine the appropriate mechanism for, and timing of, any returns to shareholders. ‘This is now the board’s key priority,’ it says. It has appointed Ernst & Young LLP to advise during the second quarter of 2026 on preparation for the company to enter a solvent member’s voluntary liquidation. ---------- Insig AI PLC - London-based data science and machine learning firm - Revenue rises 56% on-year to £800,000 in the financial year ended March, compared to growth of 43% in the prior year. This was achieved despite continued delays in the standardisation of sustainability reporting requirements, Insig notes. Several client wins secured during the financial year are expected to generate recurring revenue in the year to March 2027. As the volume and complexity of AI deployments across enterprise continues to grow, ‘the board believes demand for this kind of foundational data infrastructure will only increase.’ As a result, Insig expects an acceleration of sales growth for FY27, with revenue to more than double that achieved during FY26. At such levels, Insig expects to achieve operating profitability. As well as organic growth, Insig sees scope for selective strategic investments and is assessing a number of opportunities. Cash at March 31 is £100,000 and Insig Chair Richard Bernstein has offered to invest £500,000 at 20 pence a share, a substantial premium to the current share price. ‘The board is evaluating the proposal and will make a further announcement in due course.’ In addition, Insig is considering a dual listing on Nasdaq. ‘Should such a listing take place, the company would target raising substantial capital for investment into digital assets.’ ---------- Conygar Investment Co - London-based property developer - Announces the completion of its debt facility restructuring in connection with the loan provided by Barclays Bank PLC to a wholly owned subsidiary. The restructuring retains the loan facility at £38.8 million, following a £3.9 million part repayment in December, caps the loan to value covenant at no more than 60% and extends the final repayment date to March 2027. This will enable the further letting and stabilisation of Winfield Court, the student accommodation development at the Island Quarter in Nottingham, which in addition to 1 TIQ, the food, beverage and events venue in Nottingham, provides security for the loan. ---------- Public Policy Holding Company Inc - Washington, DC-based group of advisory firms, specialising in government affairs and public relations - Announces the completion of its acquisition of Westminster Policy Partners Ltd, a UK public affairs and economics consultancy, announced on March 23. WPI Strategy has become part of Pagefield Group, PPHC’s London-based strategic communications subsidiary. ---------- Sutton Harbour Group PLC - Plymouth, England-based owner and operator of Sutton Harbour specialising in waterfront regeneration projects and waterfront real estate - Says that repayment of £6.5 million of its bank loan which was due by the end of March, has been rescheduled and is now repayable by the end of September. Continues to ‘progress its plans to reduce debt and refinance the company and remains in regular contact with the bank’. The current banking facility expires on December 30. ---------- Mears Group PLC - Gloucester, England-based provider of housing and social care - Approves additional £20 million share buyback programme. ‘The excellent visibility of future revenue and profits, combined with strong cash generation underpins a progressive dividend and other routes for returning surplus funds to shareholders remain in focus,’ Mears says. Deutsche Bank AG and Panmure Liberum Ltd will conduct the buyback effective from Wednesday. ---------- Mkango Resources Ltd - Vancouver, Canada-based company focused on production of recycled rare earth magnets, alloys and oxides - Raises £12.5 million from upsized fundraise. The fundraise attracts ‘strong demand’, and is ‘significantly oversubscribed’ and as a result is upsized from £10 million. The placing to new and existing investors was at 33 pence per share. Intends to use proceeds to support its growth opportunities, with a potential acquisition in Germany; for capital expenditure requirements at its UK and German operations; and working capital. ---------- IntelliAM AI PLC - South Yorkshire, England-based provider of AI-driven software solutions for the manufacturing and engineering sectors - Buys RBM Lubrications & Monitoring Solutions Ltd. IntelliAM already works closely with RBM and it sees significant opportunities to expand the IntelliAM platform in the central belt of Scotland through this deal. IntelliAM will pay a deferred consideration of £25,000 in cash on December 31, 2029. The founder of RBM Lubrications, Brian Sarginson, will be granted options over 100,000 IntelliAM shares, and join the firm as Vice President VP IntelliAM Scotland. IntelliAM anticipates the deal will be modestly accretive to FY27 profit and is expected to make a positive and growing contribution to margins and profitability over time. RBM achieved revenue in the financial year ended July 2025 of £648,331 and a pretax profit of £72,571. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
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