Logistics Dev Share News (LDG)

TRADING UPDATES: Facilities by ADF profit hit by Hollywood strikes

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

EARNINGS: Aurora hails AI potential; Technology Minerals optimistic

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

IN BRIEF: Logisitcs Development subsidiary invests GBP10 million

Logistics Development Group PLC - London-based investment company - Says subsidiary Fixtaia Ltd completes investment of GBP10 million into technology solutions and talent acquisition provider, Nash Squared. Says this is part of a refinancing by Nash Squared.

IN BRIEF: Logistics Development notes Finsbury court scheme approval

Logistics Development Group PLC - investment firm - Notes that the scheme by which the bid for Finsbury Food Group PLC by DBAY Advisors Ltd will be facilitated has been approved by Finsbury shareholders. The court hearing to sanction the scheme is expected to take place on November 14 and the scheme is expected to become effective on November 16.

IN BRIEF: Logistics Development ups stake in Finsbury Food

Logistics Development Group PLC - investment firm - Says it has bought an additional 4.4 million shares in Finsbury Food Group PLC at GBP1.098 per share, for a total of GBP4.8 million. Says it is now interested in 12.4% of the Cardiff-based baked goods manufacturer. Notes that it is acting in concert with DBAY Advisors Ltd, due to DBAY's recommended cash offer for Finsbury by DBAY. Says this is because LDG's shares in Finsbury are deemed to be part of the Finsbury shares held by funds managed by DBAY, due to LDG's discretionary investment management agreement with DBAY.

IN BRIEF: Logistics Developments highlights interest in Finsbury Food

Logistics Development Group PLC - investment firm - Notes the recommended cash offer of 110 pence per share for Finsbury Food Group PLC from DBAY Advisors Ltd, via a vehicle set up for the purpose of the bid, Frisbee Bidco Ltd. Explains LDG holds around 9.0% of Finsbury's share capital. Given LDG's discretionary investment management agreement with DBAY, LDG's Finsbury shares are deemed to be part of the Finsbury shares held by funds managed by DBAY, and consequently LDG is deemed to be acting in concert with DBAY for the purposes of the offer. Under the terms of the offer, if completed, LDG would receive 11.8 million shares in Frisbee Bidco Ltd. There is also a cash alternative for those investors who want to retain an economic interest in Finsbury Food. This will be in the form of non-voting B shares in acquisition vehicle Frisbee Bidco Ltd.

TRADING UPDATES: Infrastructure India extends maturity dates on debt

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

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Parkmead profit hurt by impairment; Shearwater warns

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

Alliance Pharma profit drops; Logistics Developments buys more shares

(Alliance News) - Alliance Pharma PLC on Tuesday said annual profit dropped despite revenue ticking up, as its impairment of goodwill and intangible assets increased significantly.

Logistics Development buys Alliance Pharma shares for GBP6.8 million

(Alliance News) - Logistics Development Group PLC on Tuesday said it bought further shares in Alliance Pharma PLC, spending GBP6.8 million.

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: SIMEC seeks repayment delay, Pires invests in AI

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

Logistics Development investee to return cash after share value fall

(Alliance News) - Logistics Development Group PLC on Thursday its investee Synsion TopCo has returned EUR4.1 million in a cash payment to make up for the fall in share value from Logistics Development loan.

TRADING UPDATES: Logistics Development buys Alliance Pharma shares

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