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The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: ---------- Logistics Development Group PLC - investment company focused on logistics assets - Pretax profit for 2025 falls to £15.1 million from £18.8 million in the 13-month period ended December 31, 2024. Net finance income is £16.3 million, compared to £20.7 million, and administrative expenses are £1.3 million, up from £968,000. Says its portfolio has demonstrated ‘solid growth’ and ‘strong profitability’ in 2025, against a backdrop of ‘substantial macro volatility’. Notes it has invested in stable ‘infrastructure-like sectors (e.g. bakeries and consumer health) where AI-innovation is a clear cost reduction tailwind but is highly unlikely to disrupt their business models’. Also on Friday, LDG says portfolio company WS Holdco Ltd has acquired Walkers Transport Holdings Ltd and Madex Logistics Ltd. Adds that no further investment was made in WS Holdco by LDG in relation to the acquisitions. ---------- Keystone Law Group PLC - London-based law firm - Launches £1.5 million share buyback programme, with the scheme funded via existing cash resources. Says broker Panmure Liberum will repurchase the shares on behalf of the company. ---------- Valereum PLC - Manchester, England-based digital asset infrastructure firm - Raises £1.1 million through a placing and subscription, with proceeds earmarked for the scale-up of VLRM Markets by ‘accelerating the conversion of its growing pipeline of issuers, and expanding distribution reach through strategic partnerships and collaborations.’ Notes the placing raised £650,000 through placing 32.5 million shares to investors at £0.02 per share, while the subscription raised £400,000 through the issue of 20.0 million shares at the same price by Executive Chair James Bannon and Chief Executive Gary Cottle. ---------- Physiomics PLC - Oxford, England-based mathematical modelling company, which focuses on medical drug development - Chief Executive Peter Sargent agrees to extend his existing agreement with the company and will remain in his current role throughout June. Says the board remains in ongoing discussions with Sargent regarding a potential longer-term continuation of his involvement. ‘In the short time we have worked with Pete, he has diligently overseen the operations of Physiomics and, in particular, has handled the management transition of the business with evident skill and sensitivity. Pete has been a considerable support to the new board and we are delighted that he is willing to continue in his role for the time being whilst we develop plans for growth and expansion of the Company,’ says Chair Nick Tulloch. ---------- Zanaga Iron Ore Co Ltd - iron ore exploration and development company - Raises £5.6 million through the issue of 140.0 million new shares at an issue price of 4 pence per share. Says that owing to the strong institutional investor demand, it has agreed to increase the size of the capital raising from the approximately $5.6 million proposed originally. Explains that additional proceeds from the upsized raise will be used for working capital headroom and to further the company’s ability to accelerate workstreams in relation to the Zanaga Project. ‘We are delighted with the strong support shown by both existing and new investors. The success of this fundraise enhances our financial flexibility, enabling us to progress and execute our development plans, also clearly endorsing our strategic vision and the long-term value potential of the world class Zanaga Project,’ says CEO Martin Knauth. ---------- Value & Indexed Property Income Trust PLC - invests in UK commercial property for indexed income - Reports the conversion of its undrawn £15 million revolving credit facility arranged in August last year to a fixed-term loan that matures in March 2033. Says the loan was drawn down in full on Thursday last week at a fixed interest rate of 5.9%, and is set to be utilised to fund new acquisitions. Adds that following the receipt of £5.4 million from the sale of 2.6 million shares from the Treasury at 213p, it has purchased a freehold cinema in Surrey for £4.6 million. Says this was at an initial net yield of 9.0%, rising to 9.3% in July. ‘This four-screen cinema is let to Everyman Media Group PLC for a further 19.2 years, with annual RPI-linked rent reviews, subject to a collar and cap of 1% and 5%,’ says the company. ---------- Supersearch Plus PLC - Hong Kong-based frozen seafood importer and wholesaler - Launches its drone delivery services in Hong Kong for its freeze-dried seafood products through a third-party drone logistics provider. Notes the launch marks ‘significant progress’ in its logistics capabilities. Says it has commenced a regular drone delivery route serving customers across remote areas of Hong Kong, with the new service reducing average delivery times to 10 minutes from 90 minutes. ‘The offering of drone based delivery solutions in Hong Kong marks an important milestone in transforming how goods move across the city, and we believe our scale and market leadership positions us well to meet the emerging regulatory requirements while meeting the evolving needs of our customers,’ says Chair & Chief Executive Foelan Wang. ---------- Metlen Energy & Metals PLC - Athens-based energy and metallurgy company - Notes the Interministerial Committee for Strategic Investments of the Hellenic Republic has approved a strategic investment by Metlen tied to the development of gallium production capacity in Greece, as well as the expansion of nearby bauxite mines and the alumina refinery. Says the total investment is around €300 million, and has been designated a project of strategic importance in the field of critical raw materials. ‘The development of local production capacity is intended to support the resilience of European industrial supply chains and reduce dependency on external sources, in line with EU policy objectives on critical raw materials and strategic autonomy,’ says Metlen. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
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