Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAdriatic Metal. Share News (ADT1)

Share Price Information for Adriatic Metal. (ADT1)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 212.00
Bid: 212.00
Ask: 212.50
Change: -2.00 (-0.93%)
Spread: 0.50 (0.236%)
Open: 214.00
High: 217.00
Low: 211.50
Prev. Close: 214.00
ADT1 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: Bagir Says Cash Insufficient To Carry On

Fri, 03rd Apr 2020 11:41

(Alliance News) - The following is a round-up of updates by UK companies on the impact of the Covid-19 pandemic, issued on Friday and not separately reported by Alliance News:

----------

Bagir Group Ltd - tailor - Trading suspended on AIM as existing orders placed on hold or cancelled by customers, giving limited visibility on future revenue and customer payments. As a result, company does not have enough cash to continue operating as a going concern. Board now assessing options.

----------

Salt Lake Potash Ltd - potash production - All contact with local Wiluna community in Western Australia ceased. Use of airport unaffected, continues to support business. Off-lake civil construction earthworks at Lake Way Project complete. First revenue expected in first quarter of 2021.

----------

DP Aircraft I Ltd - aircraft leasing - Suspends the payment of dividends, as discussions ongoing with Norwegian Air on its lease obligations involving two aircraft.

----------

Cenkos Securities PLC - stockbroker - Defers release of results for 2019 from original date of December 31, but expects to report continued profitability based on strong second half performance. Continuing operations as normal despite staff working remotely.

----------

Anexo Group PLC - credit hire and legal services - Delays publication of 2019 results in line with UK FCA request. Pretax profit expected to be in line with expectations. Defers decision on 2019 dividend payout, as well as proposed opening of new Leeds office. Performance in 2020 to date in line with expectations.

----------

Minoan Group PLC - resort development - Project in Crete not "unduly" affected by Covid-19 outbreak, but company's cash position constrained, and in discussions with loan provider for extension or settlement and restatement. Will publish results for year ended October 31 in April.

----------

Fox Marble Holdings PLC - marble quarrying - Operations in Kosovo deemed essential and allowed to continue, but with operations scaled back to specific projects. Operations in Macedonia significantly scaled back, as demand falls due to travel restrictions in China and Europe. Board to not take salary or fees until operations resume. London head office staff furloughed.

----------

Ceiba Investments Ltd - investment in Cuban real estate and tourism - Will not declare dividend for 2019, and withdraws guidance for future performance. Investee Miramar SA to close all hotels and substantially decrease its workforce. Investee TosCuba to lower capital expenditure on hotel construction in Trinidad, Cuba

----------

Clontarf Energy PLC - oil & gas - "High level" discussions over projects in Ghana and Bolivia postponed. In Ghana, ready to initiate Tano 2A work programme once petroleum agreement is signed and funding secured. In Bolivia, holding discussions with new interim government for proposal on medium-sized salt-lakes.

----------

ReNeuron Group PLC - cell-based therapeutics - Continues internal research projects. Initiates one such programme for utility of company's exosomes in increasing the potency of SARS-CoV-2 coronavirus vaccines. Clinical studies in US now subject to delays.

----------

SME Credit Realisation Fund Ltd - credit investment - To continue cash return to shareholders on quarterly basis, paying quarterly dividend of 1.3125p per share in May. Delays publication of net asset value as at March 31, and suspends share repurchases until NAV is published. Sale of portion of assets delayed.

----------

Adriatic Metals PLC - metals exploration - Exploration activity for Vares project in Bosnia & Herzegovina slightly delayed, but ongoing. Pre-development work continues, but considering deferral of pre-feasibility study to allow additional drilling to be added to an updated mineral resource estimate.

----------

XP Power PLC - critical power components manufacturer - All manufacturing facilities remain operational, as volumes in China recover from February lows, and Vietnam factories operate at normal levels. For first quarter to end of March, revenue up 5% to GBP19.1 million, and orders up 34% to GBP73.1 million. Withdraws final dividend payout of 36p per share.

----------

MediaZest PLC - audio-visual services - Now expects to report post-tax loss for six months ended March 31, as lockdown measures lead to deferred and delayed projects, taking a toll on trading. Expects Covid-19 disruption to last for six months at a minimum and will work to cut costs, wherever possible.

----------

Henry Boot PLC - construction - Closes all sales centres and pauses all construction work aside from sites vital to the NHS. Suspends all existing guidance for future performance.

----------

Intelligent Ultrasound Group PLC - healthcare-focused AI software - Installs BodyWorks Point-of-Care ultrasound simulator alongside Covid-19 lung ultrasound module in NHS Nightingale Hospital at the ExCel exhibition centre in London. The exhibition centre in the Docklands, east London, has been converted into a temporary hospital, with space for 4,000 beds, to treat victims of Covid-19.

----------

Clipper Logistics PLC - logistics services - Wins contract to establish supply chain for personal protective equipment products delivery to NHS Hospital Trusts and other healthcare providers across the UK.

----------

Oracle Power PLC - energy development - Anticipates no significant negative impact on the timelines for the development of Thar Block VI in Pakistan.

----------

OneSavings Bank PLC - mortgage lending - Cancels payment of final dividend for 2019 of 11.2 pence per share.

----------

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
18 Jul 2023 18:12

TRADING UPDATES: Luceco says first-half ahead of expectations

(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
18 Jul 2023 09:21

LONDON BROKER RATINGS: JPMorgan sees positive catalysts for Flutter

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Read more
7 Jul 2023 09:31

LONDON BROKER RATINGS: HSBC raises ConvaTec; Berenberg cuts BHP

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Read more
21 Jun 2023 09:51

Adriatic Metals says close to completion at Vares silver project

(Alliance News) - Adriatic Metals PLC said on Wednesday that construction at the Vares silver project in Bosnia and Herzegovina was near complete and that it will reach ore in the next two weeks.

Read more
15 Jun 2023 10:07

IN BRIEF: Adriatic Metals reports high-grade mineralisation at Rupice

Adriatic Metals PLC - operator of Vares silver project in Bosnia & Herzegovina - Exceeds exploration objectives at the Rupice Northwest mineral deposit in the Vares project. Reconfirms Rupice Northwest lower zone as a copper and gold rich body. Notes mineralisation extension achieved to the west and south-west towards Rupice. Says infill drilling in the second quarter of 2023 showed continuity in high grades and mineralisation thickness between previously drilled holes, de-risking Rupice Northwest to an indicated resource level of confidence. Says advancement of regional exploration programme continues, having started the drilling of a fourth diamond drill rig at Rupice West this month. Adds drilling results will be included in an updated mineral resource estimate for Rupice in July.

Read more
15 Jun 2023 09:12

LONDON BROKER RATINGS: Goldman Sachs cuts Diageo to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
15 Jun 2023 07:55

LONDON BRIEFING: Stocks set lower after US Fed decision, ahead of ECB

(Alliance News) - Stocks in London were set to open lower on Thursday, after the US Federal Reserve paused its interest rate hikes but indicated that more will follow this year.

Read more
17 May 2023 15:47

UK shareholder meetings calendar - next 7 days

Thursday 18 May 
Ascential PLCAGM
Asimilar Group PLCAGM
Belvoir Group PLCAGM
Bridgepoint Group PLCAGM
Capital LtdAGM
Central Asia Metals PLCAGM
Ceres Power Holdings PLCAGM
ConvaTec Group PLCAGM
Diaceutics PLCAGM
Digital 9 Infrastructure PLCAGM
Energean PLCAGM
European Assets Trust PLCAGM
Fintel PLCAGM
Genuit Group PLCAGM
Inchcape PLCAGM
Invesco Asia Trust PLCAGM
JPMorgan American Investment Trust PLCAGM
Legal & General Group PLCAGM
Lloyds Banking Group PLCAGM
Merchants Trust PLCAGM
Michelmersh Brick Holdings PLCAGM
musicMagpie PLCAGM
Next PLCAGM
Network International Holdings PLCAGM
NIOX Group PLCAGM
PensionBee Group PLCAGM
Public Policy Holding Co IncAGM
Quilter PLCAGM
Riverstone Energy LtdAGM
Safestyle UK PLCAGM
Science Group PLCAGM
Secure Trust Bank PLCAGM
Smart Metering Systems PLCAGM
Somero Enterprises IncAGM
St James's Place PLCAGM
Tyman PLCAGM
Unite Group PLCAGM
Vesuvius PLCAGM
Vistry Group PLCAGM
Yu Group PLCAGM
Friday 19 May 
Bank of Georgia Group PLCAGM
Permanent TSB Group Holdings PLCAGM
Sancus Lending Group LtdAGM
Monday 22 May 
Blackrock Latin American Investment Trust PLCAGM
Crossword Cybersecurity PLCAGM
Judges Scientific PLCAGM
Stelrad Group PLCAGM
Venture Life Group PLCAGM
Tuesday 23 May 
888 Holdings PLCAGM
Access Intelligence PLCAGM
Arix Bioscience PLCAGM
Bank of Ireland Group PLCAGM
Big Technologies PLCAGM
Bigblu Broadband PLCAGM
Centamin PLCAGM
CT Private Equity Trust PLCAGM
Empresaria Group PLCAGM
Epwin Group PLCAGM
Forterra PLCAGM
Fresnillo PLCAGM
Fulcrum Utility Services LtdGM re issue of conversion shares
Gresham Technologies PLCAGM
Harworth Group PLCAGM
Hilton Food Group PLCAGM
hVIVO PLCAGM
HydrogenOne Capital Growth PLCAGM
IQ-AI LtdAGM
JTC PLCAGM
K3 Business Technology Group PLCAGM
Pebble Group PLCAGM
Portmeirion Group PLCAGM
PPHE Hotel Group LtdAGM
Restaurant Group PLCAGM
Shell PLCAGM
Sherborne Investors (Guernsey) C LtdAGM
TMT Investments PLCAGM
Triple Point Income VCT PLCAGM
Triple Point Social Housing REIT PLCAGM
Trustpilot Group PLCAGM
Twentyfour Income Fund LtdAGM
Wickes Group PLCAGM
Xeros Technology Group PLCAGM
Wednesday 24 May 
4imprint Group PLCAGM
Adriatic Metals PLCAGM
Arbuthnot Banking Group PLCAGM
Artisanal Spirits Co PLCAGM
Bango PLCAGM
Coca-Cola Europacific Partners PLCAGM
Deliveroo PLCAGM
Deltic Energy PLCAGM
Distribution Finance Capital Holdings PLCAGM
Dunedin Enterprise Investment Trust PLCAGM
ECSC Group PLCCourt and General Meetings re Daisy Corporate Services Trading Ltd takeover
Empiric Student Property PLCAGM
Fidelity Japan Trust PLCAGM
HICL Infrastructure PLCAGM
Horizonte Minerals PLCAGM
Intertek Group PLCAGM
Ithaca Energy PLCAGM
Kelso Group Holdings PLCAGM
Lookers PLCAGM
M&G PLCAGM
Mercantile Investment Trust PLCAGM
Microlise Group PLCAGM
Mortgage Advice Bureau Holdings PLCAGM
National World PLCAGM
Ondine Biomedical IncAGM
Petershill Partners PLCAGM
Playtech PLCAGM
Quarto Group IncAGM
Real Estate Investors PLCAGM
Tullow Oil PLCAGM
US Solar Fund PLCAGM
Zotefoams PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
25 Apr 2023 14:14

Adriatic Metals draws down third tranche of debt financing from Orion

(Alliance News) - Adriatic Metals PLC said on Tuesday it has drawn down the third USD30 million tranche of senior secured debt from Orion Mine Finance.

Read more
20 Apr 2023 10:34

Adriatic Metals reports high-grade mineralisation at Rupice Northwest

(Alliance News) - Adriatic Metals PLC on Thursday said that a new elevated base and precious metals zone has been identified below the footwall of the Rupice Northwest deposit.

Read more
17 Apr 2023 10:49

Adriatic Metals Vares project 70% complete, delayed until November

(Alliance News) - Adriatic Metals PLC said on Monday its Vares project will begin production later this year and drew down the second tranche of senior secure debt.

Read more
31 Mar 2023 12:10

Adriatic Metals loss widens as Vares project construction continues

(Alliance News) - Adriatic Metals PLC said on Friday its loss in 2022 widened amid an increase in expenses

Read more
27 Feb 2023 10:34

Adriatic Metals drilling at Rupice demonstrates sulphide deposits

(Alliance News) - Adriatic Metals PLC on Monday said its exploration drilling at the Rupice Northwest project in 2022 was successful, showing that a trend of "thick, high-grade massive" sulphide mineralisation continuing.

Read more
13 Feb 2023 07:54

LONDON BRIEFING: Kape Technologies gets offer; MJ Hudson auditor quits

(Alliance News) - Stocks in London were set to open slightly higher on Monday, though held back from bigger gains by hawkish comments from central bankers about interest rates.

Read more
13 Feb 2023 07:48

Adriatic Metals draws down second tranche of debt financing for Vares

(Alliance News) - Adriatic Metals PLC on Monday said it has drawn down on the second tranche of its senior secured debt in order to continue constructing the Vares project in Bosnia & Herzegovina.

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.