The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

Latest Share Chat

Pin to quick picksSIG.L Share News (SIG)

  • There is currently no data for SIG

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: IAG's bond terms; Signature investors back takeover

Thu, 18th Mar 2021 20:54

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

----------

International Consolidated Airlines Group SA - airline firm and owner of brands such as British Airways and Iberia - Outlines bond final terms, with first tranche of EUR500 million due March 2025 at a coupon of 2.75% and the second tranche of EUR700 million due March 2029 at a coupon of 3.75%. The proceeds will be used for general corporate purposes, including strengthening IAG's balance sheet and increasing liquidity, helping the group to weather a more prolonged downturn in air travel due to the virus pandemic and providing the operational and strategic flexibility to take advantage of a recovery in demand, it said.

----------

Signature Aviation PLC - aviation services company headquartered in London - Says shareholders vote in favour of Brown Bidco Ltd acquiring the company. Brown Bidco is a newly formed company indirectly owned by Blackstone Infrastructure, Blackstone Core Equity, Global Infrastructure Partners and Cascade Investment LLC.

----------

Brandshield Systems PLC - London-based cybersecurity solutions provider - Launches image recognition technologies for the detection of impersonation, phishing fraud and counterfeits on social media platforms. "Social phishing is a fast growing online threat. Cyber criminals are using the perceived credibility and safety of social media platforms to impersonate organizations, their executives or their affiliates and to scam users through different types of phishing, fraud and counterfeit activities," says Chief Executive Yoav Keren.

----------

Ilika PLC - solid-state battery technology firm based in Romsey, England - Receives ISO 14001:2015 certification following an assessment of its environmental management system. "We are pleased to have been accredited with this ISO standard, which, alongside the LSE green economy classification that we received just over a year ago, serves as excellent recognition of our eco-friendly credentials," says CEO Graeme Purdy.

----------

Blackbird PLC - developer and seller of cloud video editing platform - Teams up with live video streaming and remote production solutions provider LiveU to speed up the production process and engage viewers with enriched live and video on demand content. Says the pre-integrated solution enables production teams to send high-quality video from anywhere and remotely edit and publish their live and video on demand content to any destination.

----------

Fair Oaks Income Ltd - senior secured loans investor - Says master fund FOMC II LP completes reset of AIMCO 2017-A CLO backed by a portfolio of US broadly syndicated, secured loans. Says AIMCO 2017-A CLO now holds coupon of US Libor plus 1.6%.

----------

Supermarket Income REIT PLC - real estate investment trust dedicated to investing in supermarket property - Increases target size of issue to GBP150 million from GBP100 million given "an increase in attractive investment opportunities".

----------

Wildcat Petroleum PLC - targeting investment opportunities in businesses and assets within the upstream sector of the petroleum industry - Notes the recent rise in share price. Says it is not aware of any specific reason for this significant increase. Says it is continuing to focus on sourcing an appropriate target for Wildcat to acquire and continuing to explore the implementation of blockchain technology within the sector. Says that there are no assurances can be provided that the effort will be successful.

----------

Marlowe PLC - London-based safety & compliance services - Announces placing of 14.5 million shares at 690p each to raise GBP100 million "to capitalise on acquisition opportunities".

----------

All Active Asset Capital Ltd - London-based firm seeking investment opportunities in the technology, software and artificial intelligence space - Confirms it has been issued 6,000 AAQUA BV shares. Under the terms of the option, All Active Asset can subscribe for up to 125,000 new AAQUA shares, subject to conditions.

----------

FastForward Innovations Ltd - investor in life sciences and technology businesses particularly within the medical cannabis field - Announces that Yooma Wellness Inc, in which it holds a 9.0% interest, is launching its MYO Plant Nutrition brand to be sold at UK retailer Holland & Barrett.

----------

Riverstone Energy Ltd - Guernsey-domiciled energy investor - To invest GBP600,000 in special purpose acquisition vehicle Decarbonization Plus Acquisition Corporation III, which is sponsored by an affiliate of the company. "DCRC seeks to capitalise on the Riverstone platform to identify, acquire and operate a business in industries that may provide opportunities for attractive risk-adjusted returns in one of the multiple sectors that may advance the objectives of global decarbonization," says the company.

----------

SIMEC Atlantis Energy Ltd - London-based clean energy generator and technology developer - Receives second tranche investment of GBP2.0 million from subscription agreement with New Technology Capital Group LLC. Announced in December that it entered into a share placement agreement with New Technology Capital Group LLC, a US-based investor, in relation to the issuance of new ordinary shares to raise up to GBP12.0 million.

----------

Plant Health Care PLC - agriculture products firm based in North Carolina - Successfully completes USD10 million fundraising via placing of 50.4 million share at 14p each.

----------

Tullow Oil PLC - South America and Africa-focused oil and gas company - Shareholders approve sale of subsidiary Tullow Equatorial Guinea.

----------

Idox PLC - Reading, England-based management software provider - Toronto-based provider of cloud-based software Dye & Durham Ltd withdrew its possible cash offer for Idox, which was previously announced by Idox in February.

----------

Cornerstone FS PLC - London-based SME-focused cloud-based provider of international payment, currency risk management and electronic account services - Plans GBP2.2 million London IPO at 61p per share on April 6.

----------

XLMedia PLC - London-based digital marketing services provider - Inks agreement to buy Sports Betting Dime for USD26 million. Raises GBP24 million via placing at an issue price of 40p per share. "It is extremely pleasing to see the level of support received from both new and existing investors as part of this heavily oversubscribed fundraising. The level of demand for the placing reflects confidence in XLMedia's strategy and growth potential in the US sports betting market," says CEO Stuart Simms.

----------

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
1 Jun 2021 21:17

IN BRIEF: Signature Aviation takeover completes, shares to be delisted

IN BRIEF: Signature Aviation takeover completes, shares to be delisted

Read more
27 May 2021 13:25

TRADING UPDATES: Savills brings in Samsung Life as unit investor

TRADING UPDATES: Savills brings in Samsung Life as unit investor

Read more
27 May 2021 13:10

IN BRIEF: Signature Aviation acquisition by Blackstone gets court nod

IN BRIEF: Signature Aviation acquisition by Blackstone gets court nod

Read more
26 May 2021 11:15

TOP NEWS: Carlyle offers GBP958 million for asthma drug maker Vectura

TOP NEWS: Carlyle offers GBP958 million for asthma drug maker Vectura

Read more
22 Apr 2021 11:14

Signature Aviation gets early tender results for 4.000% senior notes

Signature Aviation gets early tender results for 4.000% senior notes

Read more
9 Apr 2021 13:44

EXECUTIVE CHANGES: Melrose Industries adds two non-executives to board

EXECUTIVE CHANGES: Melrose Industries adds two non-executives to board

Read more
9 Apr 2021 08:12

Signature Aviation launches offer to buy outstanding senior notes

Signature Aviation launches offer to buy outstanding senior notes

Read more
9 Apr 2021 08:08

Signature Aviation's US unit launches tender offer for 4pc notes

(Sharecast News) - Signature Aviation's wholly-owned United States subsidiary, Signature Aviation US Holdings, launched a tender offer to purchase its outstanding 4% senior notes due 2028 overnight.

Read more
7 Apr 2021 17:51

HSBC Bank US becomes lender for Brown in relation to Signature buy

HSBC Bank US becomes lender for Brown in relation to Signature buy

Read more
11 Mar 2021 16:11

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
2 Mar 2021 12:16

Signature Aviation swings to loss over Covid-19 challenges

Signature Aviation swings to loss over Covid-19 challenges

Read more
2 Mar 2021 07:01

Signature Aviation profits fall as Covid hits air travel

(Sharecast News) - Private jet servicing company Signature Aviation said underlying annual profits fell by two thirds as the Covid-19 pandemic hit air travel, although its US business was showing signs of recovery at the start of 2021.

Read more
24 Feb 2021 15:22

EXECUTIVE CHANGES: Celtic Manager Resigns; Entain Adds Two Directors

EXECUTIVE CHANGES: Celtic Manager Resigns; Entain Adds Two Directors

Read more
23 Feb 2021 16:11

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.