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The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday, Wednesday, and last Friday, June 12, and not separately reported by Alliance News: ---------- LSL Property Services PLC - Newcastle-upon-Tyne, England-based company providing services to mortgage intermediaries and franchised estate agencies - Says on Friday that it supports the UK government’s ambition to modernise and improve the homebuying and selling process, in light of the publication of its reform roadmap. Notes the ‘wide-ranging and much needed’ proposals’ focus on ‘upfront information, greater transparency, improved use of property data and digitalisation, and higher professional standards across the market.’ Believes it is ‘in a distinctive position to both support and benefit from’ the reforms, due to the ‘mission-critical’ services it provides ‘right across the residential property and mortgage ecosystem’. Chief Executive Officer Adam Castleton comments: ‘Our presence across the UK residential property and mortgage ecosystem gives us a clear view of where delays and duplication can occur, and how better upfront information, clearer standards and more effective use of technology and property data could help improve the process for buyers, sellers and professionals. The key will be practical and proportionate implementation. We look forward to continuing to engage constructively with policymakers and industry partners to help shape the successful delivery of these reforms.’ ---------- CT Private Equity Trust PLC - Edinburgh-based investment trust for private equity assets - Says on Friday that its investee Cyberhawk Holdings Ltd has agreed to a takeover by Ondas Holdings Inc. Expects the acquisition, which is subject to regulatory approval, to be completed in the third quarter. CT Private Equity bought a 23% stake in Cyberhawk in March 2019 for £2.1 million. Its investment was valued at £10.7 million as of March 31. Expects to gain proceeds of approximately $24 million, or £18.3 million, from Cyberhawk’s takeover. Says this represents an uplift of £7.6 million, or 71%, to its last published holding value. Proceeds also represent approximately 3.7% of CT Private Equity’s first-quarter net asset value, and an uplift of approximately 1.5% of NAV. ---------- Fletcher King PLC - London-based chartered surveyors firm - Announces on Friday that Non-Executive Chair David Fletcher, who is also the company’s founder, intends to retire from his directorship and will not seek re-election at the annual general meeting in October. Also retiring are Non-Executive Directors Richard Goode and David Stewart. ‘David led the company’s London stock market listing in 1987 and subsequent transfer to AIM in 2008, all the while building a roster of loyal, long-term clients and staff,’ Fletcher King says. Adds that Fletcher and Goode will remain involved with trading subsidiary Fletcher King Services Ltd and with ‘their key client relationships.’ Fletcher King also announces its intention to pay a special dividend of 20p per share, amounting to a total cash distribution of £2.1 million. This will be ‘drawn from what the board believes to be a prudent distribution of surplus funds comprising profits accumulated in prior years.’ ---------- Hargreave Hale AIM VCT PLC - venture capital trust investing in AIM-listed stocks - Reports on Wednesday that its NAV per share is 30.62p as of March 31, down from 34.48p one year prior. NAV total return for the six months ended March 31 is negative 7.79%, against minus 8.19% the year before. Board approves interim dividend of 0.70p per share. Looking ahead, the company says: ‘It is extremely difficult to predict what may follow. Equity markets are behaving in a manner that suggests investors remain relaxed about the long-term consequences of the war, in part because corporate earnings remain healthy.’ Adds that ‘the uneasy truce in the Middle East has allowed equity markets to record very notable gains since the period end, helping our portfolio recover the losses suffered following the outbreak of war, gaining 8.3% in the period to [June 12]. By and large, portfolio company updates remain robust and, in some cases, very positive.’ ---------- Daniel Thwaites PLC - Lancashire, England-based pub and hotel chain - Reports results for the year ended March 31 on Wednesday. Turnover increases 5% to £127.0 million from £120.6 million the year before. Operating profit before property disposals grows 10% to £13.0 million from £11.8 million. Pretax profit increases to £10.6 million from £9.8 million, benefiting ‘from a mark to market gain on interest rate swaps’. Recommends final dividend of 2.8p per share, up from 2.6p. ‘The company has delivered a very strong performance in challenging conditions and has shown that when the stars are aligned our properties are positioned to trade very well,’ comments Chair Richard Bailey. He says the Easter period’s trading was in line with expectations, and that the company expects food prices will rise as the Middle East war’s inflationary effects emerge. Hopes the men’s football World Cup ‘will have a positive impact on our pubs’ for summer, and says the company is ‘perfectly placed to be able to capitalise’ if issues in the availability of aviation fuel drive ‘a strong staycation season.’ ---------- Octopus AIM VCT PLC - venture capital trust - Reports on Wednesday that its NAV per share is 46.8 pence as of February 28, down from 50.6p one year prior. NAV total return is plus 2.4% for the year ened February 28, improved from minus 4.4% for the previous year. Underperforms against a plus 18.6% total return from the FTSE AIM All-Share, and a plus 27.0% one from the FTSE Small Cap (ex. Investment Cos). Chair Joanne Parfrey says the AIM All-Share benefitted from holdings in ‘Metals & Mining stocks, which delivered exceptional returns but fall outside the VCT-investable universe in which your company operates.’ Proposes final dividend of 2.5p, unchanged annually, and has paid a special dividend of 4.6p, down from 4.9p. Looking ahead, Parfrey says the near-term UK economic outlook remains uncertain but that Octopus AIM’s portfolio remains well diversified with ‘exposure to a number of attractive long-term growth themes, particularly within environmental and healthcare technologies.’ Expects smaller company valuations to recover ‘as stability returns’. ---------- Capital for Colleagues PLC - Stafford, UK-based investor in employee-owned businesses - Announces, on Friday last week, that investee Morris Commercial Ltd has launched its latest pre-production Morris JE electric van. This marks ‘a significant milestone as the company advances from vehicle development towards manufacturing.’ Says Morris has ‘a clear pathway towards pilot production in 2027’ and to commercial-scale production in 2028. Capital for Colleagues adds that Morris has received more than 7,000 expressions of interest, from businesses and private customers in various countries, in the Morris JE to date. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
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