Last checked at 13 Apr 2023 10:52
TRADING UPDATES: Datalex and SpaceandPeople extend deals
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
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Don't have an account? Click here to register.11 Apr 2023 16:53
IN BRIEF: Datalex extends repayment terms of debt deal with Tireragh
Datalex PLC - Dublin-based software company in digital commerce for travel retail - Amends debt facilities with Tireragh Ltd, a company owned by Dermot Desmond. Extends the repayment date for all amounts owing to Tireragh from June 30 to December 31 2024. Engages with financial advisers to explore further fundraising options to secure capital to repay the debt facility and support the expansion of the business as it returns to positive cash flow generation and further builds out its global customer base.
Read more28 Feb 2023 13:32
IN BRIEF: Datalex chief financial officer to step down at end of June
Datalex PLC - Dublin-based software company in digital commerce for travel retail - Says Chief Financial Officer Dan Creedon will step down from the board, effective June 30. Says Creedon will remain focused on delivering 2022 annual report and results, alongside ensuring a "seamless and coordinated" transition of his responsibilities. Says search for his successor is underway and that a further update will be issued when appropriate.
Read more24 Nov 2022 13:28
IN BRIEF: Datalex expects an annual loss due to lockdowns in China
Datalex PLC - Dublin-based software company in digital commerce for travel retail - Expects to report revenue in the range of USD22.5 million to USD23.5 million for financial 2022. Adjusted loss before interest, tax, depreciation and amortisation is expected to be between USD5 million to USD6 million. Says the Chinese market will experience a material recovering in the latter half the year compared the first half. But the company says this recovery "has not materialised due to continued lockdowns in key cities in which Chinese customers operate". Hence, its revenue and earnings derived from China will be negatively impacted in the second half, Datalex says.
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