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TRADING UPDATES: Shanta Gold takeover approved; Experian to buy illion

Thu, 04th Apr 2024 18:31

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

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Xeros Technology Group PLC - Rotherham, England-based laundry technology developer - Announces placing and subscription to raise GBP4.5 million, and will place 300.0 million and 833,332 shares respectively, at an issue price of 1.5 pence each. Additionally, intends to give shareholders who don't participate in the placing the opportunity to subscribe for up to 66.7 million new shares, via a retail offer to raise up to GBP1.0 million. The retail offer shares will also be offered at an issue price of 1.5p each.

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Shanta Gold Ltd - East Africa-focused gold producer - Announces that shareholders have voted in favour of its takeover by Saturn Resources Ltd. Says that at both the court meeting and general meeting held earlier today, the requisite number of voting scheme shareholders voted in favour of the resolution to approve the scheme at the court meeting, as did Shanta shareholders at the general meeting. The acquisition, which is still subject to the satisfaction or waiver of other conditions, is expected to become effective in the first half of this year.

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Anglo American PLC - London-based diversified miner - Says that its subsidiary, Anglo American Capital PLC, has priced an issue of USD1.00 billion 5.75% senior notes, due 2034, as well as USD500.0 million 6.00% senior notes, due 2054. Both notes will be issued by Anglo American Capital, and guaranteed by Anglo American. The offering is expected to settle on Friday, and the net proceeds will be used for general corporate purposes.

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Experian PLC - Dublin-based consumer credit checker - Signs agreement to buy illion Australia Pty Ltd for a total consideration of AUD820 million, payable on completion of the transaction. The acquisition is subject to regulatory review by the competition authority in Australia, which Experian expects will conclude in the second half of this year. In the first full-year of ownership, it expects the acquisition to add revenue of AUD175 million, and benchmark earnings before interest, tax, depreciation and amortisation of AUD65 million.

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Gunsynd PLC - investing in companies and projects within the natural resources, life sciences and beverage sectors - Sells GBP32,040 worth of shares in investee Charger Metals NL, GBP74,320 worth of shares in investee Pacific Nickel Mines Ltd, and GBP128,685 worth of shares in investee Rincon Resources Ltd.

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Union Jack Oil PLC - Bath-based UK- and US-focused oil and gas company - Says that its shares have been approved to trade on the OTCQB Venture Market in the US, and will start trading at market open on Thursday under the ticker UJOGF. Believes that dual trading will provide enhanced investor benefits, including an uncomplicated trading access for investors based in the US, and "increased liquidity due to a broader geographic pool of potential investors".

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By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
15 Jul 2019 12:52

Shanta Gold Confident On Extending Life Of Tanzania's New Luika

(Alliance News) - Shanta Gold Ltd could extend the life of the New Luika gold mine in Tanzania, it said Monday, after further drilling work.Shanta, following drilling at Bauhinia Creek, has

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20 Jun 2019 10:50

Shanta Gold Intersects High-Grade Mineralisation At Tanzanian Mine

(Alliance News) - Shanta Gold Ltd on Thursday said it has intersected high-grade mineralisation at the New Luika gold mine located in Tanzania, providing further evidence of the continuity of the

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7 May 2019 11:45

Shanta Gold Reports "Highly Encouraging" Results In Tanzania

LONDON (Alliance News) - "Highly encouraging" drilling results mean Shanta Gold Ltd could extend the life of its New Luika gold mine, it said Tuesday.Shanta has been drilling at A

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18 Apr 2019 11:17

Shanta Gold Sees Double Digit Production Growth In First Quarter

LONDON (Alliance News) - Shanta Gold Ltd on Thursday said it is on track to meet its annual guidance following a 27% rise in first quarter production from its New Luika gold mine in East precious

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10 Apr 2019 15:32

Shanta Gold Launches Buyback For 33% Of Notes Held By Third Parties (ALLISS)

LONDON (Alliance News) - Shanta Gold Ltd on Wednesday said it is proceeding with a buyback of USD4.9 million of notes held by third parties.Shares in the east-Africa focused gold producer,

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29 Mar 2019 15:27

Shanta Gold confirms IPO plans for Singida project

(Sharecast News) - East Africa-focused gold producer Shanta Gold updated the market on its plans to finance the Singida Gold Mining Project in Tanzania on Friday, reporting that Singida Resources would be proceeding with a targeted $20m minimum equity offering via an initial public offering on the Dar es Salaam Stock Exchange (DSE).

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29 Mar 2019 13:32

Shanta Gold To List Singida Gold Asset On Tanzanian Stock Exchange (ALLIPO)

LONDON (Alliance News) - Shanta Gold Ltd on Friday that the financing of the Singida Gold Mining project in Tanzania will be done so by the listing of project holding company Singida Resources PLC

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11 Mar 2019 09:39

Shanta Gold Shares Climb As Finds First Underground Ore At Ilunga

LONDON (Alliance News) - Shanta Gold Ltd on Monday said it has found underground development ore at its Ilunga project three months ahead of schedule.Shanta said the intersect was as in the

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28 Feb 2019 11:33

Shanta Gold Doubles 2019 Exploration Budget As New Luika Bears Fruit

LONDON (Alliance News) - Shanta Gold Ltd on Thursday said its profit rose significantly in 2018, helped by lower costs and improved production.The company said its focus throughout the year

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18 Jan 2019 10:28

Shanta Gold's Rukwa Buys Back USD276,000 Of Convertible Loan Notes (ALLISS)

LONDON (Alliance News) - Shanta Gold Ltd on Friday said its subsidiary, Rukwa Ltd, has repurchased USD276,250 in loan notes.The East Africa-focused miner said Rukwa acquired 325,000 loan El

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17 Jan 2019 10:50

Shanta Gold Doubles Exploration Budget As 2018 Output Increases

LONDON (Alliance News) - Shanta Gold Ltd on Thursday said it has doubled its exploration budget for 2019 on the back of improved gold production in 2018.The East Africa-focused explorer its

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5 Dec 2018 11:26

Shanta Gold Makes Progress At Singida, Current Production Strengthens

LONDON (Alliance News) - Shanta Gold Ltd said Wednesday it expects Singida mining project in Tanzania to deliver on average 26,000 ounces of gold per year over an initial six year capital for the

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5 Dec 2018 09:47

Shanta Gold makes steady progress with Singida project plan

(Sharecast News) - East Africa-focused gold producer Shanta Gold announced project economics for the Singida Gold Mining Project in central Tanzania on Wednesday, reporting average annual production from open pit mining of 26,000 ounces for an initial six year period.

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19 Oct 2018 13:10

Friday broker round-up

(Sharecast News) - IP Group: Berenberg reiterates buy with a target price of 160p.

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18 Oct 2018 11:42

Shanta Gold Lowers 2018 Production Guidance, Ups Cost Forecasts

LONDON (Alliance News) - Shanta Gold Ltd on Thursday reported a small quarter-on-quarter decline in gold production, and annual production guidance has been lowered as well.For the three to

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