(Alliance News) – Stocks in London are set to open higher on Friday, as US President Donald Trump claimed a deal with Iran could be signed in days as he cancelled threatened strikes. US President Donald Trump withdrew his threat of further strikes against Iran and said a deal with Tehran to end the war could be signed in coming days. Trump said the finer points of the arrangement had been approved by the US and its allies in the region, including Israel.
Comment: Even if the result of the post February conflict is a forever peace in the Middle East, the process has been one of the most idiotic, dangerous and unnecessary ones in recent times. At least one hopes that the state backed insider traders on equity indices, crude oil, gold and crypto have made good money since the Trump second term began.
Flutter Entertainment plc (NYSE: FLUT; LSE: FLTR), the world’s leading online sports betting and gaming company, today announces its intention to delist its ordinary shares from the London Stock Exchange (“LSE”) with effect from 8.00 a.m. (London time) on Monday August 3, 2026.
Comment: With the shares down 22% last year, and 48% this year, it is understandable if FLTR has decided to jump ship from the London market, and just go with its NYSE listing. Obviously, despite all the promises of change to the LSE, they have so far not quite kicked in enough for some, even though an exchange is only as good or bad as the companies listed on it.
MedPal AI plc (MPAL), the AI-native digital health and pharmacy group, provided an update on the commercial development of its private weight management clinic, New Health, operating at new.co.uk. MedPal AI notes the announcement by the Medicines and Healthcare products Regulatory Agency (MHRA) granting UK marketing authorisation for the first oral GLP-1 receptor agonist tablet (oral semaglutide) for weight loss and weight management. In the Board’s view, this approval has come sooner than the market had anticipated.
Comment: The weight loss jab phenomenon has been of the highlights of the past couple of years, with MPAL’s IPO last summer timely. The company is now very well positioned to take advantage of today’s oral tablet news which should ensure both it and the GLP-1 Mania we are currently in keeps on trucking. The ongoing 4.5p chart target versus 3.1p now, by the end of next month could actually be achieved by the end of this one.
Zenith Energy Ltd. (ZEN), the international energy production and development company, is noted the European Commission’s approval, announced on June 8, 2026, of a €23 billion Italian State aid scheme to support electricity production from renewable energy sources, a development the Company believes carries significant positive implications for its 188.5 MWp Italian solar development portfolio, held through its wholly-owned Italian solar subsidiary, WESOLAR S.R.L.
Comment: Whatever one’s view of the renewable energy space and / or the Net Zero tax alibi, €23bn is no small chunk of change and appears set to be deployed in the space that ZEN has made its own in the country of late. If nothing else, it is a vindication of ZEN’s strategy to help Italy achieve domestic energy security.
Cizzle Biotechnology (CIZ), the UK-based developer of diagnostic tests for early-stage cancer, announce that a patent application covering the Company’s core methods to measure the CIZ1B lung cancer biomarker has now been allowed by the U.S. Patent and Trademark Office. This additional patent further enhances the Company’s strong patent portfolio, especially in the key market of the USA and follows the grant of a patent in Canada, as announced on 4 February 2026.
Comment: CIZ remains one of the more underappreciated of the London market’s mini biotechs, largely because of having a just a couple of fans on X, and a determinedly strong, silent type PR strategy. We are still waiting on a breakout from the ongoing 1.5p -3p range, and hoping that this will not be preceded / delayed by a fundraise in the meantime.
KEFI (KEFI), the gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia, is pleased to announce that their leadership team will host a live interactive discussion on the Engage Investor platform, on Wednesday 17 June 2026 at 16:00 BST. Investors can sign up to Engage Investor at no cost and follow KEFI Gold and Copper Plc from their personalised investor hub. Register interest in this event here: https://engageinvestor.news/KEFI_IP2026
Comment: It is a shame that KEFI continues to be blighted by crackpot / personal commentary from one of the market’s more unreliable sources. At least next week KEFI will have the opportunity to clear the air / tell its own real side of the story, which historically it has been very good at doing.
energy B plc (AQSE: NRGB) announced that it has successfully completed a placing of £1.2m (gross), signed an agreement with London listed UK Oil & Gas Plc to conditionally acquire their entire interest in the Horse Hill Oil Field near Gatwick Airport and the appointment of David Lenigas as Chairman, effective immediately. The Horse Hill discovery well (HH-1) was drilled in 2014 and recorded one of the highest flow rates of oil to surface of any onshore well drilled in the UK from multiple oil-bearing zones in the Kimmeridge limestones and Portland sandstones at depths of less than 1,500 metres below surface.
Comment: Presumably all of those people who still believe in Father Christmas, world peace, and socialism, today’s news will be a delight. New York, New York is so good they named it twice, why not give the Gatwick Gusher a second spin? Just checking it is not April 1.
Pri0r1ty Intelligence Group PLC (PR1), the AI focused business delivering growth solutions to SMEs, announced its audited final results for the twelve months ended 30 September 2025. PR1 said “Over FY25, Pri0r1ty has been shaped into a scalable, integrated SaaS technology and consultancy business focused on helping SME clients optimise and monetise their first-party data. These strategic steps taken in FY25, including the acquisition of Halfspace and the structuring of the Group operating companies to target the SME sector, have laid the foundations for the exciting growth trajectory the business is now on. At eight months into the current financial year, and incorporating changes in our revenue recognition policy, the Company has contracted revenue in excess of £0.4 million and a growing sales pipeline, evidencing real customer traction and the strong foundations built during FY25 and into FY26.”
Comment: Of course, that PR1 is back with the living is something to be commended. However, as we are aware, given the costs of being on AIM, a few hundred grand of revenue really does not touch the sides. In addition, one would probably be hard pushed to find a more hard up section of the community than SME’s.
Falconedge PLC (AQSE: EDGE) report its May performance from its Bitcoin Yield Strategy, with the accumulated yield continuing to support the Company’s objective of building a transparent, compliant and income-generating framework for its corporate balance sheet. The Company is pleased to report the following verified balance sheet allocation results for the May period: May Bitcoin Yield: 0.861%. May Incremental Bitcoin Growth: 0.1766 BTC. Total Bitcoin Holdings: 20.6736 BTC. Fiat May Denominated Return: £9,358 (based on the closing Bitcoin price as of 1 June 2026).
Comment: Given the recent drab performance of BTC and the crypto space, as well as the way that there are probably only five people in the country who understand what Bitcoin Yield is, today’s update from EDGE may be somewhat spurious. Perhaps even more so given that the return was nine grand.
Debenhams Group (DEBS), a leading online platform, announces that it has completed the sublease of its distribution centre in the United States to ID Logistics, a leading global third-party logistics (3PL) operator. The 1.1 million sq. ft distribution centre in Elizabethtown, Pennsylvania, opened in August 2023 and was operational for approximately 15 months. The facility is a manual, non-automated operation. The Group ceased operations on 11 November 2024, with fulfilment of US orders returning to the UK.
Comment: We are seeing a turnaround at Debenhams / Boohoo, something which looks at though in the wake of news such as today’s we have a turnaround situation which should have legs in terms of the shares managing to hit a 30p plus target by the end of the summer.
Sterling Digital plc (AQSE: ASIC), a company established to develop low-energy-cost digital asset mining operations in the United States, announced that it has commenced site installation works at the Company’s West Texas site for its planned bitcoin mining operations in advance of the expected arrival of the equipment. This marks another key moment in the Company’s progression as it transitions from planning, procurement and contracting into on-site execution and operations, representing the culmination of several months of intensive preparatory work and a significant step forward in Sterling’s mission to become a leading low-cost Bitcoin producer.
Comment: Given the ongoing long goodbye for the crypto space, it might feel like a company being involved in the business of bitcoin mining is as about as relevant as one selling ice to the Eskimos, or coal to Newcastle. Actually, the latter might be a good idea given the energy security crisis.
BSF Enterprise Plc (BSFA), an investor in next-generation bio-sustainable technologies , provides an update following the Tentation°4 sale managed by Giquello SAS at the Hôtel Drouot auction house in Paris yesterday evening, Thursday 11 June. The world’s first-ever product crafted from T-Rex Leather™ – a unique, museum-grade luxury handbag designed by an avant-garde techwear designer Enfin Levé – attracted significant global interest. However, the bidding concluded at Euro150,000 which was short of the Company and the Auction House’s reserve price, set to reflect the absolute historical significance and uniqueness of this first-of-its-kind asset. Consequently, the item was passed in. Following immediate post-auction demand, the Company confirms that the handbag has now withdrawn from the public auction format and is being prepared for sale to a select group of high-net-worth collectors and institutions.
Comment: It is a shame that the late Marc Bolan is no longer with us, as it could have been a decent publicity stunt for him to turn up and bid a little more than €150,000. In the meantime we have a slightly awkward RNS, even though the handbag’s valuation was clearly a big ask.
African Pioneer Plc (AFP), the exploration and resource development company with projects in Namibia, Zambia and Botswana, announced that it has signed a non-binding Term Sheet with Hong Kong Xinhai Mining Services Limited, a globally recognised engineering, procurement, construction and mine development group, for the provision of financing and technical services to advance the Ongombo and Ongeama Copper Projects located approximately 30km from Windhoek, Namibia’s capital city. AFP said “With the project situated only 30 kilometres from Windhoek, one of Africa’s most accessible mining jurisdictions, we believe the combination of location, infrastructure, financing and world-class engineering expertise provides a compelling opportunity to create a new copper producer for Namibia.”
Comment: What an excellent event at the City of London Club yesterday, with an excellent host, and with the great and the good of the City. They gathered to hear Colin Bird talking about his five listed companies, of which Kendrick (KEN) is this year’s best performing stock. AFP shares rose well in the run up to today’s solid news.
