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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: ---------- Alternative Income REIT PLC - investor in commercial property assets - On Thursday, updates on the 70 pence per share cash offer by Glenstone REIT PLC, which values Alternative Income at £56.4 million. Alongside concert parties, Glenstone as of June 12 held a roughly 26.4% stake in Alternative. Hawksmoor Investment Management Ltd has provided a letter of intent to accept or procure acceptance of the offer in respect of its entire holding of AIRE. The letter initially related to a total of 5.0 million AIRE shares which represent 6.17% of its share capital, or 8.1% excluding those shares held by Glenstone. On Wednesday Hawksmoor sold 68,200 shares that were subject to the letter. As a result the total number of AIRE shares subject to the letter has reduced to 4.5 million, 5.6% of the share capital, or 7.4% excluding those shares held by Glenstone. The total number of shares subject to irrevocable undertakings and letters of intent has reduced to 6.4 million, 8.0% of the share capital, or 10.5% excluding those AIRE held by the Glenstone. ---------- Seascape Energy Asia PLC - Southeast Asia-focused exploration & production company - On Thursday, says it exclusively mandates Macquarie Bank Ltd to act as the sole structuring bank and technical and modelling bank for debt financing to support the development of the DEWA Cluster, in which it holds 28%, and the 100%-owned Temaris Cluster gas fields, both offshore Malaysia. ‘Seascape will work together with Macquarie over the coming months to structure and execute a multi-tranche, debt facility to meet development expenditure with availability linked to certain milestones typical for this type of financing. Any firm offer of financing remains subject to the successful completion of legal and technical due diligence and Macquarie’s receipt of all required internal approvals,’ company says. ---------- Quantum Helium Ltd - Sydney-based miner targeting helium, hydrogen and hydrocarbons in the US and Australia - On Thursday, calls the proposed 1-for-100 share consolidation ‘an important step in improving the company’s market positioning and creating a capital structure more suitable for attracting a broader range of investors.’ Says it continues to evaluate a potential over-the-counter listing in the US. Goals for the rest of 2026 include: consolidating and evaluating engineering, production and reservoir data collected during the ongoing extended production test at Sagebrush-1 while continuing to advance field development planning; establishing stabilised gas flow rates from the Leadville formation; and updating independent resource assessments to incorporate the newly identified oil potential. ---------- SkinBioTherapeutics PLC - Newcastle Upon Tyne, England-based life sciences company - On Thursday, says Chief Financial Officer Emily Bertram to step down on June 30. Engages an interim CFO on a non-board basis who brings experience as a chartered accountant and AIM-listed PLC CFO, ‘including a demonstrable track record in strengthening financial controls, corporate governance and reporting standards.’ Says the process for hiring a permanent CFO is underway. ---------- Marula Mining PLC - London-based Africa-focused mining and development company - On Thursday, updates on operations at the Kilifi Manganese Processing Plant in the Tezo Area, Kilifi County, Kenya. Assay results of indicate that the average grade of tested manganese stockpiles exceeds the minimum manganese grade specification as set out in the agency framework contract between subsidiary Muchai Mining Kenya Ltd and Baosteel Resources South Africa (Pty) Ltd, a subsidiary of China Baowu Steel Group Co Ltd. This follows the report on June 10 that independently assayed samples from the processed manganese stockpile at Kilifi were materially in excess of the minimum 36.5% manganese grade specification required under the agreement. Says further analysis, announced on June 10, indicate an average manganese grade of the manganese stockpiles of approximately 39.5% manganese. The parties now plans to finalise arrangements for loading, inland transport and export documentation for the movement of high-grade manganese material from the Kilifi Plant to Mombasa Port. ‘The company’s executive management are pleased with these results, which it believes further supports the commercial manganese processing operations at the Kilifi Plant. The high-grade manganese results are of particular importance given that the pricing of the manganese sales are based on a standard Dry Metric Tonne Unit, where one DMTU equals 1% of a dry metric tonne of manganese and as such indicate that the company may receive a higher price per tonne of manganese ore sold than budgeted,’ company comments. ---------- Vodafone Group PLC - Berkshire, England-based telecommunications provider - CFO Pilar Lopez buys 57,194 shares at 105.13 pence each, worth total £60,125 on Thursday. CEO Marika Auramo buys 77,072 shares at 105.13p each, worth total £81,022. Vodafone Investments & Strategy CEO Guillaume Boutin buys 98,915 shares at 105.13p each, total £103,984. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
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