Litigation Cap. Share News (LIT)

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

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Made Tech Group PLC - provider of digital, data and technology services to the UK public sector - It announces a GBP19 million deal with the Government Digital Service, part of the Department for Science, Innovation & Technology. "GDS sits at the centre of digital government, shaping common platforms, standards and ways of working that support the public, central government departments and the wider public sector. As a result, this contract further strengthens Made Tech's position at the heart of central government technology delivery and supports its wider strategic positioning across government," Made Tech said.

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Brooks Macdonald Group PLC - London-based wealth manager - Funds under management and administration faded to GBP19.9 billion at its March 31 third quarter end, from GBP20.1 billion at the end of December, "reflecting net inflows of GBP58 million, and GBP301 million of adverse market and investment movements". It had suffered a net outflow of GBP129 million in the prior third quarter. The third quarter just ended was the "second successive quarter of positive net flows". "Notwithstanding the inherent market uncertainty posed by ongoing global macroeconomic and geopolitical tensions, the full year 2026 financial performance remains in line with the board's previous expectations," the firm adds.

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Litigation Capital Management Ltd - asset manager focused on dispute financing - A debt covenant waiver from Northleaf due to expire on Wednesday has been extended to May 30. "During the extended waiver period the interest on the loan remains increased by 2.00% per annum consistent with the initial waiver. There is no additional one-time waiver fee in relation to this extension," LCM adds.

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Aterian PLC - minerals exploration and trading in Africa, including copper-silver projects in Morocco and Botswana and an exploration licence in Rwanda - Aterian kicks off a ground-based magnetic geophysical survey at the Agdz copper and silver project in Morocco. "The programme represents a key step in advancing Agdz from surface discovery towards drill target definition," Aterian says. "Importantly, the results of the ground magnetics programme will be integrated with the structural targeting work currently being undertaken by Lithosquare, enabling a multi-disciplinary approach to target refinement and prioritisation."

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Oracle Power PLC - developer of projects in Pakistan and Australia - Riversgold Ltd continues to find "shallow gold mineralisation" at the Northern Zone asset in Western Australia, a project where Oracle Power is looking to expand its footprint. "These latest results represent some of the best intercepts for grade and width drilled at the Project so far from an individual drilling campaign," Oracle Power says.

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EnSilica PLC - Oxford, England-based computer chip maker - Shares have been approved to trade on the OTCQX Best Market in the US. They will begin trading on Wednesday. Chief Executive Officer Ian Lankshear says: "Investors globally are rightly very focused on the SpaceTech sector given its clear commercial importance, and as a successful British company, with a strong position in satellite chip supply, we believe it is the right moment to increase EnSilica's exposure to US investors and facilitate their ability to trade in our stock by joining the OTCQX Market."

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By Eric Cunha, Alliance News news editor

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