Shares in S & U PLC (LSE:SUS) rose 11% after the vehicle and property finance specialist provided an upbeat assessment of prospects.
In a trading statement, the group said it was performing ahead of expectations, but acknowledged political uncertainty coupled with the cost of living crisis could apply the brakes.
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) told investors today that it may be on to a winner with its Icewine East oil project in Alaska, which is estimated to contain over 1bn barrels of oil.
It’s an impressive figure, even more so when you consider the estimated chances of success in the mapped areas are extremely high for an oil drill.
SCB Group, the low-carbon commodities broker, said it has joined the International Emissions Trading Association (IETA), the carbon trading body.
The IETA was formed with a mandate to establish a functional international framework for trading in greenhouse gas emission reductions.
Digitalbox PLC (AIM:DBOX) predicted a year of two halves as the media group maintained its 2022 forecasts as it provided an update on current trading.
Touting an ‘exceptional performance' in the six months to June 30, the owner of Entertainment Daily, The Daily Mash and The Tab, cautioned that advertising revenues would be ‘impacted’ by the current economic environment in the second half.
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) said it will turn to the market to raise at least A$10mln in a share placing as it announced the completion of a maiden independent resource estimate for its Icewine project, Alaska, and unveiled interim results.
On top of the placing, the AIM-quoted explorer said there will be the ability to accept over-subscriptions of up to A$4.99mln.
S & U PLC (LSE:SUS) said its motor and property businesses continue to outperform, though it remained mindful of the potential impact of political uncertainty, higher prices and slowing economic growth.
In an update covering a two-month period from its annual meeting, the finance group said receivables had increased by £30mln to £370mln.