The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:
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N Brown Group PLC - Manchester-based clothing and footwear retailer whose brands include JD Williams, Simply Be and Jacamo - Homa Alliance, the wife of Non-Executive Director David Alliance, buys 1.2 million shares at £0.40 per share for £460,000 in total on Thursday.
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Bank of Ireland Group PLC - Dublin-based bank - Completes the acquisition of KBC Bank Ireland PLC portfolios, with a projected total value of €7.8 billion of loans and €1.8 billion of deposits. In October 2021, the company signed a binding agreement for the acquisition. ‘I welcome KBC Ireland’s c.150,000 customers to Bank of Ireland. While the transfer of products will take place over the coming weeks, our relationship with you begins today. Our ambition is to be your trusted partner in all financial decisions, big and small, in the years ahead,’ CEO Myles O’Grady comments. ‘This is a very important strategic and commercial acquisition for Bank of Ireland. I’d like to thank colleagues who worked on this deal over the past two years, and acknowledge the professional and constructive approach of KBC throughout the process.’
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Alphawave IP Group PLC - London-based connectivity technology provider - Sutardja Family LLC, closely associated with Executive Director Sehat Sutardja, buys 135,087 shares at £0.95 each on Monday and 500,000 shares at £0.95 on Wednesday. Following these transactions, the Sutardja Family LLC’s holds a 13% stake in the issued share capital of the company.
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