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Thu, 27th May 2021 20:17
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Alpha FX Group PLC - London-based foreign exchange risk management and international payments - Says trading in the five months to date has been very positive across all aspects of the business. On track to exceed current expectations for full year. Our Institutional and Alpha Platform Solutions divisions in the UK, along with our overseas offices in Canada and Amsterdam have all delivered excellent year-on-year growth. Our more established Corporate division has also demonstrated strong growth, as well as being the talent incubator for future leaders to launch Alpha into new markets, says company.
TRADING UPDATES: Brave Bison, Strix Group see strong performances
Thu, 27th May 2021 20:17
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Alpha FX Group PLC - London-based foreign exchange risk management and international payments - Says trading in the five months to date has been very positive across all aspects of the business. On track to exceed current expectations for full year. Our Institutional and Alpha Platform Solutions divisions in the UK, along with our overseas offices in Canada and Amsterdam have all delivered excellent year-on-year growth. Our more established Corporate division has also demonstrated strong growth, as well as being the talent incubator for future leaders to launch Alpha into new markets, says company.
By IPE staff2021-05-27T14:02:00+01:00
Downing Renewables & Infrastructure Trust (DORE) is planning to buy a Swedish grid and hydropower portfolio in a SEK300m deal (€30m).
The closed-end investment trust said it has signed an exclusivity agreement with Swedish multi-utility AB Edsbyns Elverk (EE), to buy the Swedish firm’s electricity distribution subsidiary Elektra Nät and a portfolio of three hydropower plants.
DORE said the proposed bid is subject to final due diligence approval by EE shareholders.
Tom Williams, the head of energy and infrastructure at investment manager Downing, said: “This proposed acquisition further diversifies DORE’s portfolio and revenue, with the addition of long-term regulated revenues from Elektra that are not exposed to energy prices.
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