(Alliance News) - on Monday announced a deal to rescue TalkTalk Telecommunications Ltd and PlatformX Communications Ltd out of administration. The London-based telecommunications firm said the total cash impact in financial 2027 arising from the deals will be around GBP400 million, comprising both consideration and other cash impacts. After an unsuccessful sale process for TalkTalk's consumer and wholesale operations, BT said it had agreed the deal, "in the public interest, to protect customers and critical national infrastructure." During the last 12 months, TalkTalk reported revenues of GBP1.2 billion and was loss-making, but BT said over a period of time the acquisition will become value accretive as the business is stabilised and synergies are realised.
Comment: One wonders if the deal for TalkTalk was voluntary or genuinely thought of being a “value accretive” one? There are echoes of the 2008 banking crisis with Lloyds “merging” with HBOS, or even perhaps Virgin Money taking over Northern Rock? Presumably the big plus here is that £400m is peanuts to BT.
, the regulated digital finance platform, announces that it has appointed Moorwand Ltd as issuer and Bank Identification Number sponsor for a new Tap Mastercard programme. The new programme is intended to expand the Group's card offering by giving customers access to a multi-currency Tap card.
Comment: The recent run of worthy sounding RNS updates from TAP continues. They may be indicative of the company taking its offering to the next level. However, so far, and rather mysteriously, there has been little positive effect on the share price. This is despite the recent bump in the cryptos helping many sector peers.
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Comment: Adam Fletcher is in at 3% on the shareholder register of COIN, something which certainly backs the recent recovery in the share price we have seen since the cryptos turned around in August. Indeed, there is more to COIN than digital assets, as the company underlined last month with its 12-month strategic advisory agreement with Beating Heart Pte. Ltd., a Singapore-incorporated company developing an AI-powered advertising and commercial content-production platform.
, a leading UK power and infrastructure services group, announced that its Construction Services division has been awarded c. £5 million of new contracts to deliver Civils Projects work for its clients in the UK water sector during Q4 of the Company’s financial year to 30 September 2026. The majority of these contracts, which have been secured within the Thames Water region, commenced during FY2026 and are expected to be completed in the next six months.
Comment: If HERC was doing well during the Conservative government era, it was always going to do even better under Labour and its tax and spend (even more) policies. This is particularly the case given the way that the new Prime Minister seems keen on writing cheques in such a profligate fashion.
the UK listed company focused on the discovery of economic metal deposits across its exploration properties in Ontario, Canada, reported the exploration progress on its properties in Ontario. FCM said “The advancement in understanding the structural controls on mineralisation at Pettigrew and Roy have been stellar, the identification of coarse visible gold in a rock sample in a predicted zone testifies to this. We now believe we have a robust hypothesis which will allow targeting of drilling at Pettigrew and by default assist further drill planning at Roy. FCM is advancing the exploration of its portfolio on many fronts from Esa in the east to the Pathfinder REE block in the west. We await the assays results of the work not only from these areas but also the VG discovered northeast of the Roy shaft. The fact that this VG was found as a result of prospecting anomalous soils with structural input from the LiDAR study is a very important, very positive, development for expanding the exploration across the whole Sunbeam property."
Comment: FCM has been a much more solid sounding company – quite understandably, since the Kerrs Gold Property option agreement at the end of May, where the highlight was the non-dilutive funding route. This has allowed the company to maintain the high pace of exploration and ideally, strong results to come imminently.
, a primary helium company, is pleased to announce that its wholly owned subsidiary, Pulsar Helium (MI) Inc., has signed a contract with Xcalibur MPH (Canada) Ltd to undertake a high-resolution airborne gravity gradiometry and magnetic survey at the Company’s Falcon project in Michigan’s Upper Peninsula, USA. The Falcon Project gives Pulsar a district-scale opportunity to evaluate an extensive and underexplored geological system, comprising an exclusive exploration option over approximately 488,090 gross acres of mineral rights.
Comment: Given the ongoing helium supply crisis, we see PLSR continuing to be keen to expand its footprint, over and above the company being one of the more significant plays in the US. One this basis the market cap at under £150m actually appears rather modest.
, a leading fabless microchip maker with a growing portfolio of reusable IP, serving the Space and Communications, Photonics, Industrial, and Automotive markets, announced its audited results for the financial year ended 31 May 2026. ENSI said “This has been a record year for EnSilica. Our revenues grew 53% to £27.8 million and we generated record EBITDA of £5.9 million, delivering significant growth in our target markets. Importantly, we have evolved from a design services business into a semiconductor design and supply platform, validating the scalability of our model.”
Comment: ENSI always looked like a great, new UK hope in its space, in the “fabless” chip maker zone, and it would appear that this is proving to be the case. The shares have retained around half of the big rally we saw in the spring, and one would consider that a decent end of year target should be back over 100p, given the record numbers underlined today.
provided the following quarterly operational and corporate update covering the period from 1 July 2026 to 30 September 2026. NEO said “Q3 was another busy period for Neo Energy with a number of important corporate developments, including welcoming Elmarié Maritz as our new CFO and progressing the necessary activities to acquire the mining license at both New Beisa and Henkries. Our focus remains on securing these mining right approvals. Until ownership of New Beisa is completed, we will keep cash expenditure on the asset and associated activities to a minimum, while remaining committed to growing shareholder value. We have developed a funding strategy designed to ensure the Company's long-term sustainability and deliver value accretion for shareholders.”
Comment: The key here for NEO is the funding strategy, and this is what has drawn the “smart” money / professional investors to the stock. At the same time Beisa is key, and one imagines that once this is over the line we shall be treated to a fresh re-rate, especially after last month’s £1.75m fundraise is digested.
announced that 2,883,000 Ordinary Shares have been sold in accordance with the terms of the Subscription Agreement announced on 24 December 2025. The gross proceeds from the sale of these shares will be £2,163,160, equivalent to approximately £0.75 per share, and the Company will receive approximately 98.25% of these proceeds in accordance with the terms of the Subscription Agreement. The balance of Ordinary Shares issued under the Subscription Agreement which have not yet been sold is 38,330,788. The Company intends to use some of the net proceeds from the sale of the Subscription Shares to reduce the outstanding amount under its strategic credit facility with Coinbase from approximately £19.0 million to approximately £17.0 million following receipt of funds.
Comment: The transformation in the recent past, has been and continues to be the Preferred Shares move, which has caused the shares to rally hard from under 30p. This implies that the market is perhaps not has cynical of the Bitcoin Treasury concept and the companies involved as we may have previously thought.
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