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The following is a round-up of updates by London-listed companies, issued on Thursday and Friday and not separately reported by Alliance News: ---------- Helios Underwriting PLC - London-based investment vehicle that provides participation in Lloyd’s of London insurance market - On Thursday, says net asset value per share rises to £2.65 at March 31 from £2.63 on December 31. ---------- Seascape Energy Asia PLC - Southeast Asia-focused exploration and production company - Notes significant progress at the Temaris Cluster production sharing contract to progress the project towards field development and abandonment plan submission in the fourth quarter of 2026, 18 months from initial award. All key front-end engineering and design. Says indicative costs remain in-line with expectations. Remains ‘well-funded’ with an unaudited cash balance of £8.5 million at the beginning of May 2026 after a placing, subscription and oversubscribed retail offer raised gross proceeds £5.0 million. ---------- Cirata PLC - Sheffield, England-based software-solutions provider - Raises £5.1 million gross through the issuance of 34.2 million shares at an issue price of 15 pence per share under its placing and subscription, representing 27% of its existing ordinary shares. Of this, 17.8 million shares have been placed by joint bookrunners Stifel Nicolaus Europe Ltd and Panmure Liberum Ltd. Completion is conditional upon the passing of general meeting resolutions by shareholders. Additionally, launches retail offer via the RetailBook platform to raise up to £380,000. ---------- Tap Global Group PLC - London-based cryptocurrency payment and settlement operator - Announces launch of inbound third-party payments, enabling customers for the first time to receive their salary and payments from third parties directly into their Tap account. Initial availability is for EUR payments received over the single euro payments area network. Capability for GBP payments via the UK Faster Payments network will follow. Arsen Torosian, chief executive officer, says: ‘This is the feature that turns Tap from somewhere our customers move money into, to the account their money arrives in first. Until now, even our most engaged customers needed a traditional bank account to receive their salary and then had to push funds across to us. We are removing that friction. Receiving salaries and third-party payments directly is the single most important step in our journey from a specialised crypto application to a genuine everyday financial account, and ultimately a holistic digital banking alternative.’ ---------- Clean Power Hydrogen PLC - Doncaster, Yorkshire-based green hydrogen technology and manufacturing company - Executes a deed of termination and settlement in respect of the subcontract between it and Lagan MEICA Ltd relating to the Northern Ireland Water 1 megawatt membrane-free electrolyser 220. The parties agreed to settle all matters relating to the delayed delivery of an MFE220 unit and terminate the subcontract through the payment of a settlement sum. The settlement is conditional upon a future fundraise with payment to be provided by Clean Power within 7 days of completion, provided that the fundraise is completed on or before July 31 2026. ‘The board believes this outcome provides a clear and structured pathway to resolving the position and, if completed, will remove uncertainty in relation to the project and allow the company to focus on its core strategy and future commercial opportunities,’ comments. On Thursday, announces a binding term sheet with Lisheen H2 Energy Park Ltd regarding a convertible loan note alongside a nine-month exclusivity period to negotiate and agree a strategic partnership. The CLN will be conditional upon the completion of a £3 million equity fundraise by Clean Power. The term sheet provides that Hidrigin shall subscribe for a £750,000 convertible loan note at 10% interest. The CLN shall convert at a 46% discount, subject to a gross pricing cap of 3.7 pence per share and a net floor price of 1p per share. ---------- Beximco Pharmaceuticals PLC - Dhaka, Bangladesh-based producer of pharmaceutical ingredients - The suspension of its shares has been lifted, following the publication of financial results on Wednesday. ---------- MobilityOne Ltd - Kuala Lumpur, Malaysia-based e-commerce payment solutions provider - Updates on its acquisition of a 49% stake in Sincere Acres Sdn Bhd, an investment holding company operating in Malaysia. Subsidiary MobilityOne Sdn Bhd completed the acquisition in October 2023 for a total of MYR30 million, or £5.4 million, to be paid to United Flagship Development Sdn Bhd. Following the initial payment, a second tranche of consideration, representing the balance of MYR28.0 million was due on March 8 2024. Following several prior extensions, a new payment date for the second tranche plus accrued interest as been agreed. MobilityOne shall complete its payment by the earlier of August 31 2026 or 21 days from date of approval by Nasdaq of a merger exercise between Technology & Telecommunication Acquisition Corp and Super Apps Holdings Sdn Bhd, which includes M1 Malaysia’s proposed joint venture with Super Apps. As part of the extension, M1 Malaysia agrees to pay accrued interest of MYR705,753 in three equal monthly instalments in June, July and August 2026. MYR1.4 million in accrued interest from March 9 2024 to September 8 2024 remains outstanding, which will be paid by M1 Malaysia at a later date but by no later than August 31. ---------- Videndum PLC - Richmond, London-based provider of broadcasting hardware and software - Says 27.35% against votes for the reappointment of directors Anna Vikstrom Persson and Eva Lindqvist are due to ‘concerns around the implementation of the company’s shareholder approved remuneration policy for 2026.’ Adds: ‘After discussing the matter, those shareholders consulted...have confirmed that they understand the remuneration committee’s rationale for the implementation of the remuneration policy for 2026 and that they are supportive of both directors going forward. As such, the board considers that no further action is required at this point.’ ---------- Caspian Sunrise PLC - mining company focused on Kazakhstan’s oil and gas sector - Says it will not publish its 2025 results by June 30. As such its shares will be suspended from AIM on July 1. Expects the delay to be a matter of weeks rather than months. In July 2025, Caspian completed the disposal of the MJF and South Yelemes structures on its BNG contract area for a headline price of $88 million of which there remains a $5 million deferred consideration amount outstanding, due to be paid in monthly instalments over a 12-month period. ‘Despite numerous requests, the acquiring company has refused access to both the company and the company’s auditors to the financial records now in their possession. To avoid an unnecessary further delay the company is considering available options that would enable the issuance of the 2025 financial statements on the basis of the financial information it has access to,’ company says. The publication delay is a result of these audit access issues. ---------- Pembroke VCT PLC - venture capital trust - Intends to launch a new offer for subscription of new B Ordinary Shares in the 2026/2027 and 2027/2028 tax years. Full details will be contained in a prospectus expected to be published in September 2026. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
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