TRADING UPDATES: Chariot expects gas in Morocco; Redx wants CFO in US lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.
UPDATE: Candy Ventures Discloses Audioboom Stake Following Sale
Thu, 18th Feb 2021 17:58
Audioboom Group PLC - London-based podcasts producer - Notes that Candy Ventures SARL held a 14.0% stake in Audioboom as at Monday this week, down from 23.59% previously. This follows an announcement that AAQUA BV held a 9.6% stake in the company as at Monday this week, having acquired 1.5 million shares from Candy Ventures at 450 pence per share in an off-market transaction worth GBP6.8 million.
Candy Ventures is the investment office of luxury real-estate developer Nick Candy. His stake in Audioboom was also disclosed, having fallen to 14.47% from 24.04%
On Wednesday, All Active Asset Capital Ltd said it had granted options to Ramsey Consultants Ltd and Candy Ventures for 200 million shares exercisable at 50 pence each. Ramsey Consultants and Candy Ventures had expressed an interest in All Active s investment portfolio and particularly its option agreement with AAQUA, which is based in Amst
UK TRADING UPDATE SUMMARY: Yamana Completes Agua Rica Project
Fri, 18th Dec 2020 22:17
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:
All Active Asset Capital Ltd - investment firm focused on technology, software and AI space - Enters into an option agreement with AAQUA BV. Under the terms of the option, AAA can subscribe for up to 125,000 new AAQUA shares at EUR1,000 per share, being a total cost of EUR125 million if fully exercised. The option can be exercised in tranches of EUR5 million or more. AAA is paying a EUR1 million fee for the grant of the option to AAQUA.
UK TRADING UPDATE SUMMARY: Polar Capital Adds GBP1.2 Billion To Assets
Thu, 17th Dec 2020 19:37
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Reach PLC - newspaper, magazine and digital publisher - Notes over 5 million customers have now registered with Reach across its online newsbrands, newsletters, hyperlocal site InYourArea, and other websites. Fourth quarter digital revenue performance is on track to be the highest on record, and expected to exceed 20% year on year growth. Chief Executive Jim Mullen says: With customer registrations significantly ahead of our initial target at 5 million, and our digital revenues continuing to go from strength to strength, we are now focused on the next phase of our strategy, which will utilise enhanced data and insights with the Reach ID being key to that.
IN BRIEF: All Active Asset Capital Posts Pretax Loss Of GBP1.3 Million
Tue, 15th Dec 2020 18:25
All Active Asset Capital Ltd - seeking investment opportunities within the global technology, software and artificial intelligence space - Says total assets increased to GBP13.7 million as at December 11, from GBP2.8 million as at June 30. Posts pretax loss from July 1 to December 11, of GBP1.3 million from GBP220,575 last year. Records fair value loss on investments of GBP1.1 million from nothing the year before. Administrative expenses rise to GBP248,202 from GBP220,575.
Current stock price: 9.09p
By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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