Guild Esports . Share News (GILD)

IN BRIEF: Guild Esports confirms purchase of all assets by DCB Sports

Guild Esports PLC - London-based media company that fields professional players for video gaming competitions and is backed by footballer David Beckham - Confirms that California-based investment management company DCB Sports LLC has bought all of Guild's assets for GBP100,000 and assumed the company's whole GBP2 million in liabilities. The Guild brand will be run through a new entity, Guild Esports & Gaming Ltd. Guild Chief Executive Officer Jasmine Skee has resigned with immediate effect.

LONDON MARKET MIDDAY: Europe slumps amid "brutal" global sell off

(Alliance News) - Stock prices in London took a hit at midday Monday, along with the rest of the world, as investors digested last week's economic data and worries over a US recession.

Guild Esports shares double as it finds US buyer for all of its assets

(Alliance News) - Guild Esports PLC on Monday said it has signed a letter of intent with DCB Sports, under which DCB will buy all of the assets of Guild Esports.

LONDON MARKET OPEN: FTSE 100 sinks as global markets in turmoil

(Alliance News) - Stock prices in London opened lower on Monday, as markets across the globe felt the fallout of some poor US economic data released last week.

LONDON BRIEFING: Stocks called down amid market turbulence

(Alliance News) - Stocks in London are expected to follow Asia lower on Monday, as investors digest Friday's nonfarm payroll data, as well as the developing situation in the Middle East.

IN BRIEF: Guild Esports half-year loss narrows despite drop in sales

Guild Esports PLC - London-based esports business - In the six months to March 31, pretax loss narrows to GBP1.8 million from GBP2.3 million a year prior. But revenue falls to GBP2.1 million from GBP3.7 million reflecting a challenging macroeconomic environment and a significant, one-off tournament victory in 2023 which increased revenue. Guild Studios' revenue multiplies to GBP586,000 from GBP109,000, representing a significant new revenue stream. "We are cautiously optimistic that our efforts will continue to drive growth and success as we navigate through the remainder of 2024 and beyond," company says.

TRADING UPDATES: Christie trading improved, maintains expectations

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

EARNINGS AND TRADING: Michelmersh continues with positive order intake

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

EARNINGS AND TRADING: itim loss narrows; Vela trims EnSilica stake

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

IN BRIEF: Guild joins sim racing championship ESL R1

Guild Esports PLC - Enters ESL R1, a sim racing championship. "ESL R1 features a distinctive format, including one-shot qualifying and short-format races, requiring sim racing drivers to adapt quickly to non-traditional racing formats," it explains. ESL R1 offers prize money, with a USD100,000 prize pool for drivers and USD400,000 for teams.

IN BRIEF: Guild Esports jumps on USD250,000 loan

Guild Esports PLC - London-based esports business - Enters USD250,000 unsecured convertible loan agreement with Compassare Holdings. Says loan has a one-year term, with an interest rate of 8%. The proceeds will be used for "working capital requirements."

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Begbies trading in line; Probiotix inks partnership

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

EARNINGS AND TRADING: Hydrogen Future loss widens; Quantum revenue up

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

IN BRIEF: Guild Esports inks further one-year contract with Subway

Guild Esports PLC - London-based esports business - Signs a one-year UK sponsorship agreement with Subway IP LLC, effective from the start of 2024. Subway is a sandwich shop chain. The deal reappoints Subway as Guild's "official quick-service restaurant partner", following on from the two companies' two-year global sponsorship agreement first signed in March 2021.