WHIreland Share News (WHI)

WH Ireland raises GBP5 million from share placing at steep discount

(Alliance News) - WH Ireland Group PLC on Friday said it raised GBP4.9 million from a share placing and will use the fresh cash to fund a cost-cutting exercise and retention bonuses, as well as to meet regulatory capital requirements.

AIM WINNERS & LOSERS: WH Ireland plummets on emergency fundraise

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

IN BRIEF: WH Ireland warns lack of capital market activity hit results

WH Ireland Group PLC - London-based stock broker and wealth manager - Says trading in second half of financial year was below previous management expectations, amid a "lack of transactional activity across capital markets throughout 2022, which has continued into 2023". WH Ireland now expects to report an underlying loss before tax "in excess of" GBP2.2 million for the financial year that ended on Friday, on about GBP26 million in revenue. In financial 2022, WH Ireland reported a pretax profit of just GBP8,000 on GBP32.0 million in revenue.

WH Ireland warns of loss after tough year for markets

(Sharecast News) - Investment firm WH Ireland warned on its results for the financial year just ended on Monday, after its performance was impacted by market conditions throughout the second half.

LONDON MARKET CLOSE: Worrying UK data sends stocks down sharply

(Alliance News) - Stocks in London closed the week in the red on Friday, as disappointing economic data weighed on a market mood already bruised by interest rate hikes during the week.

WH Ireland tightens cost control as swings to first half loss

(Alliance News) - WH Ireland Group PLC on Friday said it swung to a half-year loss due to "very testing" market conditions.

DIRECTOR DEALINGS: Lawrence Stroll raises stake in Aston Martin to 23%

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Tuesday and not separately reported by Alliance News:

UK shareholder meetings calendar - next 7 days

IN BRIEF: WH Ireland annual profit suffers as costs outpace revenue

WH Ireland Group PLC - London-based broker and wealth manager - Pretax profit all but evaporates, shrinking to just GBP8,000 in the financial year that ended March 31 from GBP1.0 million the year before. Revenue rises by 11% to GBP32.0 million from GBP28.7 million, but administrative expenses grow by even more, up 16% to GBP33.1 million from GBP28.4 million. While WH Ireland books double the net gains on investments, up to GBP1.6 million in financial 2022 from GBP818,000 in financial 2021, finance expense multiplies to GBP511,000 from GBP96,000. More positively, underlying pretax profit slips only slightly to GBP1.4 million from GBP1.5 million. Proposes no dividend, unchanged.

IN BRIEF: WH Ireland launches new Debt Capital Markets business

WH Ireland Group PLC - London-based broker and wealth manager - Creates new Debt Capital Markets business which will sit alongside its existing Equity Capital Markets and Private Growth Capital units. WH Ireland says it recently completed its first DCM transaction, as joint lead manager to EnQuest PLC following the launch of its sterling denominated 9% guaranteed retail eligible notes, which successfully raised GBP133 million.

EXECUTIVE CHANGES: Allied Minds and WH Ireland chairs to depart

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News:

IN BRIEF: Capital Metals raises GBP1.3 million at 13% discount

IN BRIEF: Capital Metals raises GBP1.3 million at 13% discount

IN BRIEF: WH Ireland Wealth Management head buys GBP100,000 in shares

IN BRIEF: WH Ireland Wealth Management head buys GBP100,000 in shares

Numis shares seen attractive even after strong two-year run of results

Numis shares seen attractive even after strong two-year run of results

IN BRIEF: Broker WH Ireland confident in sustained return to profit

IN BRIEF: Broker WH Ireland confident in sustained return to profit