Corcel PLC - Corcel Consolidates KON16 Interest & Secures $2.5M
Corcel PLC enhances its stake in Block KON-16 in the Kwanza Basin, Angola, increasing its net interest to 71.5%. It forms a strategic alliance with Sintana Energy Inc, receiving $2.5M for a 5% net interest. This bolsters Corcel’s balance sheet, enabling further exploration and seismic programs.
FirstCash Holdings - RECOMMENDED ACQUISITION OF H&T GROUP PLC
The board of Chess Bidco Limited, a FirstCash subsidiary, has agreed to a final cash acquisition of H&T Group PLC's entire share capital. This transaction, implemented via a scheme under the Companies Act, presents a 44% premium per share, valuing H&T at approximately £297 million.
Persimmon Plc - Sale of FibreNest
Persimmon Plc has announced the sale of its FibreNest broadband service to BUUK Infrastructure for approximately £100 million, pending regulatory approval. The sale enables Persimmon to focus on its growth strategy while improving customer choice. Completion is expected within three months, with funds directed towards medium-term growth ambitions.
Mosman Oil & Gas - Vecta Project Drilling Commenced
Mosman Oil and Gas Limited has initiated drilling in the Vecta Project at the Billy Goat lease in Las Animas County, Colorado. The target is the Lyons Sandstone at a depth of 800 ft. Helium and gas characteristics will be evaluated in this five-well program, close to established helium production sites.
Chariot Limited - Return of Moroccan Offshore Interests
Chariot Limited has reacquired operatorship of the Lixus and Rissana offshore licenses from Energean plc, regaining 75% working interest in both. The company plans to collaborate with ONHYM to adapt the Anchois gas field development plan based on discovered resources and will continue exploring additional potential in the wider license areas.
Hemogenyx Pharma Plc - Pediatric Amendment to Clinical Protocol
Hemogenyx Pharmaceuticals has amended the clinical protocol for its Phase I trial of HG-CT-1 to include pediatric patients with relapsed/refractory acute myeloid leukemia (R/R AML). This expansion aims to address the unmet medical needs in pediatric oncology, broadening the impact of their CAR-T therapy beyond adult patients.
Journeo PLC - £10m Framework Agreement
Journeo plc has announced a £10m framework agreement with First Bus UK to provide SaaS solutions, including CCTV upgrades and digital wing mirror technology. This three-year agreement, extendable to 2030, will enhance First Bus's fleet management and support its transition towards a zero-emission fleet by 2035.
Vistry Group PLC - Trading update
Vistry Group reports improvements in sales rates and forward orders for 2025, driven by increased mortgage availability and affordable housing initiatives. The Group notes strong demand from the PRS market and anticipates greater clarity on government funding in June. Vistry is focused on land acquisition, cash generation, and aims for increased profitability in FY25.
Tiger Royalties&Invs - TAO Strategies transaction completes
Tiger Royalties and Investments Plc (AIM: TIG) announces the completion of a £250,000 equity investment in Tao Strategies Singapore. This strategic investment aims to enhance Tao's operations within the Bittensor network by expanding validator node operations and advancing AI model development. The move marks a significant step in Tiger's diversification strategy across the Bittensor ecosystem.