Last checked at 
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
----------
JPMorgan Multi-Asset Growth & Income PLC - investment firm - Net asset value per share as at August 31 falls to 97.8p from 109.8p year-on-year. Records a negative total return of 6.4%, an underperformance of 9.4% compared to the company's reference index. Blames this on the conflict in Ukraine, which accelerated inflation levels and caused sharp increases in interest rates by central banks. Declares a second interim dividend of 1.1p per share. Remains confident in its ability to navigate these difficult markets.
----------
Kavango Resources PLC - London-based mineral explorer focused on Botswana - Starts drilling at hole KCBRC001 on the Kalahari copper belt project area. It is the first of up to 6 exploration holes planned in the current phase. It targets a depth of up to 250 meters. "Each hole that we drill in the Kalahari copper belt could lead to a significant discovery. Our team has done fantastic work over the last 18 months to bring us to this point and our future exploration is a simple numbers game. The more we drill, the greater the chance we have of success," Chief Executive Ben Turney comments.
----------
IWG PLC - Zug, Switzerland-based workspace provider - Confirms that Charlie Steel will be appointed as chief financial officer with effect from November 1. Takes over from Glyn Hughes who has resigned as a director with effect from October 31.
----------
AssetCo PLC - London-based advisory and asset management firm - Appoints Gary Marshall as chief financial & operating officer effective immediately. He has over 25 years of extensive asset management experience. "I am delighted that Gary has joined AssetCo as CFOO. Gary's experience and expertise within the asset management industry means he is well-placed to build on AssetCo's strong foundations. Bringing operational, managerial and financial expertise, Gary will focus on integrating our recently acquired businesses, managing our finances, driving efficiencies and improving cost management across the AssetCo group," Chair Martin Gilbert comments.
----------
Dukemount Capital PLC - investor in the sustainable and flexible energy markets - Says its lenders have agreed to advance GBP15,000 of net proceeds in addition to restructuring their existing funding arrangement. "We are happy to work with the Investors to ensure that the company is financed for the next steps as we work towards identifying a suitable reverse takeover target which will be for the benefit of all the investors who have committed to the work we have sought to do with the company," Chief Executive Paul Gazzard comments.
----------
Glantus Holdings PLC - Dublin-based data platform for accounts payable and shared services - Enters into a conditional agreement for the sale of its software to an international provider of accounting software for GBP1.8 million in cash. The deal is conditional on a schedule of engineering works to be completed November 30. Expects to use the net proceeds from the sale for working capital and to help fund its growth initiatives.
----------
abrdn European Logistics Income PLC - investment fund specialising in logistics real estate - Appoints Troels Andersen as lead Fund Manager with immediate effect, as Evert Castelein resigns. "The board looks forward to working with Troels and we remain confident in the outlook for the company which is focused on the long-term European logistics growth story," Chair Tony Roper says.
----------
Arecor Therapeutics PLC - Essex, England-based biopharmaceutical company - Receives positive results from the second phase I clinical trial of its ultra-rapid-acting insulin AT247. The study confirms that AT247 has a superior pharmacokinetics profile compared with NovoLog and Fiasp. Says AT247 showed "significantly" accelerated insulin absorption and early exposure. Further, the result supports the potential to enable "more effective disease management for people with Type I diabetes via fully automated closed loop insulin pump delivery," it says.
----------
VH Global Sustainable Energy Opportunities PLC - invests in sustainable energy infrastructure - Signs a 15-year CO2 offtake deal for its first UK flexible power plant with carbon capture in Nottinghamshire, UK.
----------
Riverstone Credit Opportunities Income PLC - energy infrastructure and energy-transition credit investor - Realises its senior secured investment in Circulus Holdings at a 17% realised internal rate of return and a 1.14 times realised multiple on invested capital. Plans to use the capital for its "attractive" pipeline of infrastructure and energy-transition credit investment opportunities.
----------
By Abby Amoakuh; abbyamoakuh@alliancenews.com
Copyright 2022 Alliance News Limited. All Rights Reserved.