TRADING UPDATES: Redcentric buyback progamme; Synectics product launch
The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
----------
Genedrive PLC - Manchester, England-based point-of-care pharmacogenetic testing company - Completes neonatal intensive care unit patient recruitment in the PALOH-UK programme, with nearly 6,000 babies in neonatal care receiving the Genedrive MT-RNR1 ID test. Clinical cohort analysis is underway with publication expected around October. Chief Executive Gino Miele says: "To date, more than 13,000 babies have been tested using the Genedrive MT-RNR1 ID Kit in the UK and internationally, with over 40 babies avoiding aminoglycoside exposure and the risk of lifelong deafness. The PALOH-UK programme is an exemplar of how NHS, academia and industry collaboration, when supported by government, can successfully translate scientific innovation into measurable patient benefit and deliver life changing patient solutions whilst offering substantial financial and productivity gains to pressured healthcare systems. It also demonstrates in practice the shift from treatment to prevention at the heart of the NHS 10 Year Plan in action."
----------
Sealand Capital Galaxy PLC - Asia-focused digital investor that offers financial and strategic support to entrepreneurs - Takes a minority stake in Wanel Capital Ltd, a regulated Web3 digital financial infrastructure business with operations in Hong Kong and Europe. Alongside other investors, Sealand acquires a roughly 2.0% minority interest in Wanel's seed round of fundraising for a cash consideration of £450,000. "The investment supports Sealand's strategy of expanding its presence in regulated digital financial infrastructure, including digital payments, stablecoin technologies and cross-border payment solutions, while establishing a platform for future commercial collaboration between the two companies," company says.
----------
Redcentric PLC - Harrogate, North Yorkshire-based IT managed services provider - Approves share buyback programme of up to £1.5 million, to run through September 30. The maximum price paid per share is to be no more than an amount equal to the higher of: 105% of the average middle market closing share price for the five business days preceding the date of purchase; and the higher of the price of the last independent trade of a share and the highest current independent bid for a share.
----------
Verici Dx PLC - Cardiff, Wales-based developer of advanced clinical diagnostics for organ transplants - Achieves status as an Olink Certified Service Provider, part of Thermo Fisher Scientific Inc's Life Sciences Solutions. "This designation allows Verici Dx to provide Olink-based proteomics assay services at its CAP-certified/CLIA-accredited laboratory, supporting biomarker discovery, algorithm development, validation, application in clinical trials, and diagnostic use both internally and as a service," company says. Verici plans to use the Olink platform to advance its pipeline of protein biomarker-based development and analyse samples from clients.
----------
Synectics PLC - Sheffield, England-based provider of advanced security and surveillance systems - Unveils Synergy SEARCH, which uses advanced AI to enable rapid, natural-language search across live and recorded video. "The new technology allows operators to search large volumes of footage using everyday language to describe the people, vehicles, objects or activity they are looking for. Synergy SEARCH rapidly identifies relevant footage, significantly reducing the time required to investigate incidents and identify actionable information from hours, or even days, to minutes," company says. CEO Amanda Larnder adds: "With our first customer deployment complete, and further engagement underway, we are encouraged by the potential we see for Synergy SEARCH ahead of its full commercial launch later this year."
----------
GenIP PLC - London-based generative AI services provider - Announces new and recurring contract wins totalling USD87,000. Expands its relationship with Universidad Autonoma de Chile, a long-standing customer of its Invention Evaluator platform, through the purchase of a further 25 Invention Evaluator reports. Additionally, a leading research university in the UK reengages GenIP for a further 12 Invention Evaluation reports, the second order from this university after an initial purchase of 10 reports last year. Says it continues to experience "strong recurring demand" from one of North America's leading research universities, which continues to purchase Invention Evaluator reports "on a near bi-weekly basis." Lastly, GenIP secures a new Talent Search engagement contract. Says this demonstrates "the continued diversification of the company's revenue beyond technology evaluation services." CEO Melissa Cruz says: "I am pleased with the continued momentum across our key markets, with expanding customer relationships in Chile, the UK and North America demonstrating the growing demand for GenIP's technology commercialisation services."
----------
Invinity Energy Systems PLC - London-based manufacturer of utility-grade energy storage systems - Signs an engineering, procurement and construction agreement with Equans Switzerland, for the preparation of delivery of the project. This follows the May announcement that the company had been selected to design the world's largest vanadium flow battery for FlexBase Group's Technology Centre Laufenburg project in Switzerland. Under the agreement, Equans is to provide mechanical, electrical and piping works as well as other ancillary technical services to Invinity's VFB battery solution as part of the wider TZL project in Laufenburg, Switzerland. The project will feature an AI datacentre and technology campus integrated with a 1.5 gigawatt-hour Invinity VFB system. The VFB is expected to expand to 2.1 GWh in a subsequent development phase. "This partnership builds on an established working relationship between the two companies, including collaboration on a vanadium flow battery project in Belgium announced in 2022. This experience provided both companies with direct insight into each other's technical capabilities and delivery standards, reinforcing Equans' confidence in the high-quality, reliability and suitability of Invinity's technology for deployment into the TZL project," company says.
----------
GlobalData PLC - London-based data analytics and consultancy - Expects 35.3 million shares, 4.73% of its share capital, will be purchased under its tender offer at 85 pence per share.
----------
Serco Group PLC - Hampshire, England-based government services outsourcing provider - Announces £75 million buyback programme from August 11 to no later than December 31.
----------
Alkemy Capital Investments PLC - London-based company focused on acquisitions in the mining and technology metals sectors - Received a loan conversion notice from its debt facility provider. £106,417 of principal and £17,314 of interest is being converted at £2.38, resulting in the issue of 51,887 ordinary shares.
----------
Copyright 2026 Alliance News Ltd. All Rights Reserved.