(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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Zambeef Products PLC - Africa-focused cold chain foods and retail business - Announces appointment of Patrick Wanjelani to chair of board - Wanjelani joins from his current role as Chair of Kenya Reinsurance Corporation Zambia Ltd - M'boo Mumba also resigns as Chief Financial Officer with effect July 17 after four years with the company.

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Unite Group PLC - Bristol-based owner, manager, and developer of student accommodation - Announces the pricing of a GBP400 million, 8-year, unsecured bond - Bonds will bear a coupon of 5.6% - Following issue of bonds, company's weighted average debt maturity will increase to 4.3 from 3.8 years in December.

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Oracle Power PLC - Australia and Pakistan-focused mining project developer - Announces geologists will be on site this week at Blue Rock Valley copper and silver projects in Ashburton Basin, Western Australia - Geologists to assess the benefits of geochemical sampling programme, ground gravity geophysical programme, and field truth an electromagnetic anomaly near prior work.

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Power Metal Resources PLC - London-based exploration company - Enters into share option agreement for the advancement of Tati Gold project in Botswana - Agreement is with Power Metal, Tati Greenstone Resources PTY LTD, a company incorporated in Botswana held as a 100% owned subsidiary of Power Metal, and Tuscan Holding PTY LTD - Subject to exercise of the option, PM, through TGR, will retain a 25% interest free carried to production in licence 049/2022 - Following this TGR will become a material dividend paying entity from net cash flow generated from gold production - PM to retain the right to a 100% interest in other licences held by TGR, excluding PL049/2022 - Tuscan granted 730 days to undertake prospecting exploration and evaluation work- Following completion and subject to Tuscan being responsible for covering costs, Tuscan may exercise option to subscribe for 75% of TGR shares.

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Sorted Group Holdings PLC - Manchester-based operator of delivery experience platform - 2023 pretax loss widens to GBP1.7 million from GBP850,578 year-on-year. Revenue falls 52% to GBP53,066 from GBP110,856. Administrative costs excluding depreciation and amortisation down 24% to GBP551,530 from GBP723,149. Cash and equivalents down 77% to GBP955,112 from GBP4.1 million. In June, GBP2.6 million loan secured for working capital purposes. Chair Simon Wilkinson says: "We are well-funded and strategically positioned for the future."

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RUA Life Sciences PLC - Glasgow-based holding company of multiple medical device businesses - Role of executive chair will be replaced by the appointment of Geoff Berg, a current non-executive director as non-executive chair. Bill Brown assumes a new role as chief executive working closely with Lachlan Smith who continues as chief financial officer. Company grants options over approximately 3.7 million ordinary shares of GBP0.05 to directors and staff. Following issuance, company will have 5.6 million shares under option totalling 9% of issued share capital.

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Rockwood Strategic PLC - Investment trust focused on portfolio of smaller UK public companies - In year ended March 31, net asset value 206.04 pence per share versus 1959.56p last year. Share capital increases to 31.2 million from 25.4 million during year. NAV total return up 5.1% versus 7.1% rise in FTSE Small Cap. Declares a 0.6p dividend, none was paid last year.

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Arc Mineral Ltd - British Virgin Islands-registered owner of mineral assets - Restored to trading on AIM after requesting temporary suspension on June 17 following confusion regarding licence applications - Applications made by Handa Resources Ltd and Zaco Investments Ltd which Arc indirectly holds an interest were rejected although an appeal is planned.

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By Elijah Dale, Alliance News reporter

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