28 Mar 2023 18:43
TRADING UPDATE: Sabien Technology contract wins, Amaroq inks financing
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday not separately reported by Alliance News:
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Don't have an account? Click here to register.7digital subsidiary gets winding up petition from HMRC
Fri, 04th Jan 2019 12:38
(Sharecast News) - Shares in 7digital tumbled on Friday as it emerged that its subsidiary, 7digital Trading, has been served a winding up petition by HMRC.The AIM-listed company said it had become aware that HMRC had published a note in the London Gazette of a hearing of a winding up petition on 16 January relating to the sum of around £417,000 owed.At 1230 GMT, shares were down 51% to 0.92p, even as 7digital insisted that based on expected receipts, the full amount due to HMRC would be paid before the hearing."7digital Trading has no other third party trade creditors and so, on satisfaction of the debt due to HMRC, the company is confident that the Petition will be dismissed," it said7digital said the subsidiary provides only certain human resources and payroll services to the group and is not its main trading business.The bad news didn't entered there. 7digital said that in the last two weeks, the group has entered discussions with Juke GmbH, a wholly owned subsidiary of European retailer MediaMarktSaturn (MMS), about the future of the Juke music service. The company has agreements with Juke for some £4m of revenues in 2019. "MMS has indicated that it may wish to change the current arrangements and this could involve 7digital taking more responsibility for certain aspects of the service or the service being closed with a resulting termination payment becoming due and payable to the company," it said.Also on Friday, the company confirmed that it completed the planned platform consolidation and re-structuring of its operations in the final quarter of 2018, reducing its cost base by an annualised £6.2m. Several operations and offices have been closed or discontinued and staff numbers reduced in all locations and 7digital said its operations have remained stable during the restructuring and the move to a single technology platform for its customers.In addition, it said the final quarter of the year saw several contract wins with US-based technology platforms, major record labels and broadcasters, the details of which are subject to commercial confidentiality especially in the light of the upcoming CES event in Las Vegas.
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1 Mar 2023 21:15
TRADING UPDATES: Galantas to raise GBP1.2 million in private placement
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read more8 Feb 2023 16:56
7digital backs GBP19 million buyout by music licensing firm Songtradr
(Alliance News) - 7digital Group PLC on Wednesday agreed to a GBP19.4 million takeover from music licensing company Songtradr Inc.
Read more14 Dec 2022 15:59
UK shareholder meetings calendar - next 7 days
| Thursday 15 December | |
| Aeorema Communications PLC | AGM |
| Argos Resources Ltd | AGM |
| Baillie Gifford Japan Trust PLC | AGM |
| Capricorn Energy PLC | GM re proposed share premium account cancellation |
| Chelverton Growth Trust PLC | AGM |
| CQS Natural Resources Growth & Income PLC | AGM |
| DX Group PLC | AGM |
| DXS International PLC | AGM |
| Glenveagh Properties PLC | EGM |
| Secured Income Fund PLC | GM re proposed reduction of capital |
| Schroder Income Growth Fund PLC | AGM |
| Friday 16 December | |
| Bellway PLC | AGM |
| Inchcape PLC | GM re Derco acquisition |
| JPMorgan Global Growth & Income PLC | GM re proposed combination with JPMorgan Elect PLC |
| National Australia Bank Ltd | AGM |
| Sareum Holdings PLC | AGM |
| Thor Explorations Ltd | AGM |
| UP Global Sourcing Holdings PLC | AGM |
| Monday 19 December | |
| Abingdon Health PLC | AGM |
| Brand Architekts Group PLC | AGM |
| China Nonferrous Gold Ltd | AGM |
| DeepMatter Group PLC | GM re ordinary shares cancellation |
| Mila Resources PLC | AGM |
| Purplebricks Group PLC | GM re chairman replaced by Harry Hill |
| Renalytix PLC | AGM |
| RTW Venture Fund Ltd | EGM |
| Star Phoenix Group Ltd | GM re resolution to approve change of auditor |
| Technology Minerals PLC | AGM |
| Visum Technologies PLC | AGM |
| Tuesday 20 December | |
| AVI Global Trust PLC | AGM |
| dotdigital Group PLC | AGM |
| eEnergy Group PLC | AGM |
| Nanoco Group PLC | AGM |
| Pharma C Investments PLC | AGM |
| SourceBio International PLC | GM re proposed cancellation and re-registration as a private Ltd |
| Wednesday 21 December | |
| 7digital Group PLC | AGM |
| BATM Advanced Communnications Ltd | AGM |
| dotdigital Group PLC | AGM |
| Northamber PLC | AGM |
| Parkmead Group PLC | AGM |
| Windar Photonics PLC | AGM |
| Copyright 2022 Alliance News Ltd. All Rights Reserved. | |
6 Dec 2022 21:50
TRADING UPDATES: 7digital loan pact; Okyo Pharma files with SEC
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read more19 Oct 2022 12:16
IN BRIEF: 7digital surges on three-year contract with Pinterest
7digital Group PLC - London-based music licensing provider - Wins new, three-year contract with visual inspiration platform, Pinterest Inc. Says that the contract is designed to support growth in content and territories as the platform expands into new markets as needed. The contract will enable Pinterest's music library to include licensed commercial tracks, delivered by 7digital's music-as-a-service platform, to sit alongside their royalty free music.
Read more19 Oct 2022 12:15
LONDON MARKET MIDDAY: FTSE underwhelms as CPI puts spotlight on BoE
(Alliance News) - London's FTSE 100 was struggling for direction on Wednesday at midday, underperforming European peers, while pressure on the Bank of England intensified after UK inflation hit double figures again.
Read more19 Oct 2022 11:37
7digital secures new contract with Pinterest
(Sharecast News) - AIM-listed 7digital said on Wednesday that it has secured a new contract with image sharing and social media website Pinterest.
Read more28 Sep 2022 11:04
AIM WINNERS & LOSERS: Glantus cautions; Vela hit by tech downturn
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.
Read more28 Sep 2022 10:12
7digital shares jump as interim loss narrows; closer to break-even
7digital Group PLC on Wednesday came closer to breaking even in its half-year as expenses narrowed and revenue rose.
Read more23 Sep 2022 09:18
7digital shares down as Chair Tamir Koch steps down after 3 years
(Alliance News) - 7digital Group PLC shares dropped on Friday as it said that Chair Tamir Koch will step down from his role with immediate effect, to focus more time on the development of eMusic.com Inc blockchain.
Read more25 Jul 2022 12:14
LONDON MARKET MIDDAY: Stocks shrug off recession warning in Germany
(Alliance News) - European equities were higher at midday on Monday, bouncing back from a lower start, as investors took a warning from a business poll that showed Germany is on "brink of recession" in their stride.
Read more25 Jul 2022 11:24
AIM WINNERS & LOSERS: 7digital wins contract; Hurricane Energy repays
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.
Read more25 Jul 2022 10:32
7digital shares surge on long-term contract with Utopia Music
(Alliance News) - 7digital Group PLC on Monday announced it has signed a long-term contract with music fintech company Utopia Music AG.
Read more25 Jul 2022 10:03
7digital inks long-term contract with B2B music fintech
(Sharecast News) - Digital music solutions group 7digital said on Monday that it has inked a long-term contract with business-to-business music fintech company Utopia Music.
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