The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picks88 Energy Share News (88E)

Share Price Information for 88 Energy (88E)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.16
Bid: 0.155
Ask: 0.165
Change: 0.00 (0.00%)
Spread: 0.01 (6.452%)
Open: 0.16
High: 0.16
Low: 0.16
Prev. Close: 0.16
88E Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK TRADING UPDATE SUMMARY: Joules In Lockdown Hit But Online Surges

Wed, 23rd Sep 2020 19:09

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

----------

Joules Group PLC - Leicestershire-headquartered lifestyle brand - Says revenue in 13 weeks to June 1 ahead of expectations at GBP39.6 million, down 18% year-on-year. E-commerce revenue surged 63% annually but Joules hit as some bricks and mortars stores were not open through whole period.

----------

Hornby PLC - Margate-based model train firm - Says sales and margins between April 1 and August 31 higher year-on-year. "As is usually the case in our industry; the outcome for the full year is subject to the sales rate over the key Christmas trading period and there is the potential for disruption depending on the arrangements for leaving the EU," Hornby said.

----------

St James House PLC - lottery and e-commerce company - Says payments division saw 25% rise in pound accounts and 10% increase in euro. Lottery unit Prize Provision Services Ltd "has seen stability in the number of entries into the lotteries", despite Covid-19. Hopeful of increased entries in second half of year. Astro Kings, operator of five-a-side football pitches, still fully open with occupancy levels typical for this time of year. St James notes new Covid-19 restrictions could hurt Astro Kings but does not expect "material impact on the group".

----------

Escape Hunt PLC - escape room operator - Signs licensing deal with software developer, giving Escape Hunt "full access" to a digital platform allowing it to develop escape games and scavenger hunts. "The announcement today represents a further important step in the development of the company's digital and remote play propositions," Escape Hunt said.

----------

Live Company Group PLC - events firm - Signs contract for Paddington Bear showcase in White Rose shopping centre, Leeds. "This is the second time we have partnered with the White Rose centre who are delighted to be showcasing the Paddington Bear Models during the Christmas period 2020," Live Company said.

----------

Amino Technologies PLC - Cambridge-based media and entertainment firm - Provides upcycling and cloud technology to television in Argentina. "Whilst this project is not expected to generate material revenues for the company in the year ending 30 November 2020, it is expected to secure recurring software revenues in due course, in keeping with Amino's strategic focus," Amino said.

----------

Mobile Tornado Group PLC - Harrogate, North Yorkshire-based communications company - Extends loan facility agreement with InTechnology PLC. Facility now expires on September 26, 2021, has a maximum principal amount of GBP300,000 and bears a 10% annual interest.

----------

Applied Graphene Materials PLC - graphene materials maker with headquarters in Redcar, Cleveland - Says car care products maker INFINITY WAX to launch QDX Graphene Detailing Spray in fourth quarter. Car polish product is graphene-enhanced, Applied Graphene said.

----------

Fulcrum Utility Services Ltd - Sheffield-based multi-utility infrastructure and services provider - Says first quarter saw increase in activity month-on-month as lockdowns eased. Company's order book at August 31 at GBP69.4 million, up from GBP66.2 million in March.

----------

Zoo Digital Group PLC - cloud-based localisation and digital distribution services provider - Expects to report double-digit annual revenue growth in six months to September 30. Chair Gillian Wilmot said: "This is against an industry backdrop in which the suspension of new productions is approaching six months, resulting in a significant reduction in work for all businesses associated with TV and film production, post-production and media localisation. We see this performance as a strong endorsement of our business model."

----------

Bigblu Broadband PLC - Bicester, England-based broadband services provider - Unit Quickline wins "competitive" tender to provide wireless access in Lincolnshire. BigBlu said: "The programme will receive an initial subsidy of up to GBP4.6 million, with GBP3.1 million of funding confirmed from the Lincolnshire Local Authority and GBP1.5 million confirmed from the European Regional Development Fund. A further GBP1.5 million of subsidy is available subject to certain conditions. Quickline is also committing GBP2.0 million of investment to support the roll-out.

----------

Oracle Power PLC - power & natural resource project developer - Using option to extend publication of interim results. Now has until October 31 to report on first half earnings.

----------

Ilika PLC - Romsey, England-based solid-state battery technology developer - Signs framework agreement with UK Battery Industrialisation Centre solid-state pouch cells which can be used in electric vehicles.

----------

Hardide PLC - Oxfordshire-based advanced surface coating technology - For year ended September 30, expects to report revenue of GBP4.7 million and loss before interest, tax, depreciation and amortisation of GBP500,000, in line with expectations.

----------

European Metals Holdings Ltd - Australian mineral exploration & development company - Appoints Process Technologies GmbH as lead engineer for minerals processing and lithium battery-grade chemicals production at Cinovec project in Czech Republic.

----------

Panther Metals PLC - mineral exploration company focused on Canada and Australia - Says "five areas of interest" found at Big Bear gold project, Canada following systematic grid soil sampling. Two of these areas are "high priority targets".

----------

Hummingbird Resources PLC - African gold producer - Pasofino Gold Ltd, partner at Dugbe gold project, completed CAD10.0 million, about GBP5.9 million. "Pasofino plans to use the net proceeds from the fundraise for exploration and development work at the Dugbe project," Hummingbird said.

----------

Bluebird Merchant Ventures Ltd - Korean-focused gold development firm - Says acquisition of gold projects owned by Southern Gold progressing. Independent expert will soon be appointed and will make a value determination within 30 days thereafter. Also notes there is "local support" for company to restart a project in Philippines which has been dormant for roughly four years.

----------

88 Energy Ltd - Australian exploration & production company - Conducts seismic attribute work at Project Peregrine, Alaska. Says work finds "several similarities" a Project Peregrine with existing fields nearby.

----------

Angus Energy PLC - UK-focused onshore oil and gas explorer - Raised GBP1 million through fundraising. Angus said 111.1 million shares placed at 0.9 pence each. Also seeking to raise GBP12 million through issue of senior secured debt facility.

----------

Altus Strategies PLC - mining royalty company with headquarters in Oxfordshire - Begins trading on OTCQX Best Market in US. "OTCQX is the highest tier of the OTC market and we are delighted to be admitted to trading as a means of enhancing our visibility to prospective US investors," Chief Executive Steven Poulton said.

----------

Blue Star Capital PLC - esports, payments and technology focused investor - Invests GBP115,500 in French firm FORMATION Esports SAS. "The purpose of the fundraise, in which the company has participated, is to provide Formation with funds to launch a dedicated esports platform aimed at providing contact sports clubs with revenue and sponsorship generating opportunities and increased exposure," Blue Star said.

----------

Triple Point VCT 2011 PLC - venture capital trust - Notes venture share class makes three new investments. Makes GBP150,000 in 3D imaging and software business Artificial Artists. Invests same amount in background checking company Veremark. Makes GBP500,000 investment in an unnamed data encryption company.

----------

Conygar Investment Company PLC - UK-focused property investment and development group - Says resolution to grant planning permission for Conygar development plan in Notthingham has been passed. Plans include three-storey 20,000 square feet asset with events space and rooftop terrace.

----------

First Property Group PLC - property fund manager - Rent collection since March 31 at directly owned properties in Poland at 96%, 93% in Romania. In properties held by funds managed by FPAM, UK rent collection at 94%, Poland at 96% and Romania at 95%.

----------

Arrow Global Group PLC - buyer of debt from banks, credit card companies and telecommunications businesses - Raises EUR300.0 million for pan-European non-performing loans fund, taking total capital commitments to EUR1.5 billion.

----------

Uniphar PLC - healthcare services firm - Completes acquisition of US-based Diligent Health Solutions.

----------

Oncimmune Holdings PLC - immunodiagnostics company - Signs deal with Genentech, part of Roche Holding AG to characterise autoantibody profiles in patients who are taking part in clinical trials for rheumatological diseases like Lupus.

----------

PureTech Health PLC - biotherapeutics company - Submits draft registration statement to the United States Securities & Exchange Commission over listing of American depository shares on Nasdaq Stock Market.

----------

SDI Group PLC - Cambridge-based medical technology firm - Says it has made "a very good start to the new financial year". Confident of delivering results in line with expectations for full-year.

----------

ValiRx PLC - clinical-stage biotechnology company - Notes recent movement in share price. Says it will still receive VAL 201 trial findings by September 30.

----------

Real Good Food PLC - food ingredients supplier - Reports revenue of GBP27.0 million in five months to August, down 28% lower annually. In August alone, sales down 7% year-on-year. "Whilst our businesses have been affected by the ongoing Covid-19 crisis, both Brighter Foods and Cake Decorations are experiencing recoveries in their respective markets," Chair Mike Holt said.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
8 Jan 2024 16:15

UK shareholder meetings calendar

Tuesday 9 January 
Agriterra LtdAGM
DX Group PLCGM re acquisition by HIG Capital funds
GENinCode PLCGM re fundraise
Leeds Group PLCGM re sale of subsidiary Hemmers-Itex
Smart Metering Systems PLCGM re acquisition by KKR funds
Wednesday 10 January 
Hummingbird Resources PLCGM re share placement
Ironveld PLCAGM
Reabold Resources PLCGM re appointment of new directors
Safestyle UK PLCEGM re approve winding up of company
Scirocco Energy PLCGM re proposed disposal of interests in Energy Acquisitions Group Ltd
Versarien PLCGM re capital reorganisation
Thursday 11 January 
Pennpetro Energy PLCAGM
R&Q Insurance Holdings LtdGM re sale of Accredited to Onex Corp
Ten Entertainment Group PLCGM re takeover by Trive funds
Friday 12 January 
Ashington Innovation PLCAGM
Dukemount Capital PLCAGM
Monday 15 January 
88 Energy LtdGM re fundraising
Mondi PLCGM re special dividend
SRT Marine Systems PLCGM re fundraising
Strip Tinning Holdings PLCGM re fundraising
  
Copyright 2024 Alliance News Ltd. All Rights Reserved. 

Read more
15 Dec 2023 16:58

TRADING UPDATES: 88 Energy expands Texas footprint with acquisitions

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

Read more
15 Dec 2023 11:26

88 Energy secures new Texas acreage

(Sharecast News) - 88 Energy announced the acquisition of additional oil and gas production assets in the Texas Permian Basin on Friday, marking a significant expansion of its regional footprint.

Read more
5 Dec 2023 20:01

EARNINGS AND TRADING: Lowland Investment NAV falls but dividend hiked

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

Read more
29 Nov 2023 14:30

EARNINGS AND TRADING: Northern Bear boosts profit, Esken loss widens

(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:

Read more
28 Nov 2023 16:53

TRADING UPDATES: Upland Resources completes technical study at Sarawak

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

Read more
13 Nov 2023 21:58

TRADING UPDATES: 88 Energy signs farm-in deal with Monitor Exploration

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

Read more
6 Nov 2023 17:07

IN BRIEF: 88 Energy pleased with maiden contingent resource estimate

88 Energy Ltd - Alaska-focused oil and gas company based in Subiaco, Western Australia - Says the maiden independent contingent resource estimate has been completed at Project Phoenix for the Basin Floor Fan reservoir. Reports a gross best estimate contingent resource of 250 million barrels of oil equivalent from the deepest reservoir encountered in Hickory-1. Explains that contingent resources were defined on the basis of multiple successful flow tests conducted in the BFF reservoir on adjacent acreage and clear reservoir continuity demonstrated through high quality seismic data.

Read more
31 Oct 2023 19:04

TRADING UPDATES: CPP reports new business wins for Blink division

(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 more
30 Oct 2023 14:15

IN BRIEF: 88 Energy gears up for Phoenix reservoir resource estimate

88 Energy Ltd - Alaska-focused oil and gas company based in Subiaco, Western Australia - Appoints independent consultants Netherland, Sewell & Associates, Inc to conduct a contingent resource estimate on the Basin Floor Fan reservoir at Project Phoenix on Alaska's Central North Slope. News follows Pantheon Resources PLC declaring a significant contingent resource for the Lower BFF reservoir. 88 says BFF was the deepest hydrocarbon-bearing pay zone intersected during drilling and logging of the Hickory-1 exploration well. Says NSAI's assessment, based on results from Hickory-1 and nearby offset wells, may lead to Hickory-1 being confirmed as a discovery. NSAI has starting reviewing and integrating existing data from all reservours.

Read more
12 Oct 2023 16:14

TRADING UPDATES: 88 Energy targets flow test for Phoenix in 2024

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

Read more
21 Sep 2023 12:12

TRADING UPDATES: Faron appoints Birge Berns as interim medical officer

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

Read more
8 Sep 2023 10:54

88 Energy narrows loss, draws on cash balance for Hickory project

(Alliance News) - 88 Energy Ltd on Friday said it reduced its interim loss in part from reduced exploration impairments, and it is optimistic about scheduled tests in Alaska.

Read more
30 Aug 2023 18:37

IN BRIEF: 88 Energy completes shortfall offer placement

88 Energy Ltd - Alaska-focused oil explorer - Completes shortfall offer placement from the non-renounceable rights issue at an issue price of AUD0.006 per share. The rights issue closed on August 22 with the company issuing around 553 million new shares. As a result of the strong inbound demand received from other investors during the rights issue and subsequent shortfall offer process, company has received firm commitments to place in full all new shares not taken up in the rights issue, representing around 1.46 billion shares.

Read more
29 Aug 2023 10:45

88 Energy completes rights issue, announces GBP5 million placing

(Alliance News) - 88 Energy Ltd on Tuesday said it completed its latest rights issue and proposed a placing of over one billion shares to fund its exploration activity.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.