PYX Resources: Achieving volume and diversification milestones. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAllergy Thera. Share News (AGY)

Share Price Information for Allergy Thera. (AGY)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 3.25
Bid: 3.10
Ask: 3.40
Change: -0.10 (-2.99%)
Spread: 0.30 (9.677%)
Open: 3.35
High: 3.35
Low: 3.25
Prev. Close: 3.35
AGY Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Renalytix revenue halves; DP Poland trades well

Tue, 14th Nov 2023 10:59

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

----------

AIM - WINNERS

----------

Allergy Therapeutics PLC, up 22% at 1.82 pence, 12-month range 0.37p-7.37p. The commercial biotechnology firm says its "pivotal" phase three trial evaluating its subcutaneous grass allergy immunotherapy candidate meets its primary endpoint. The G306 trial of Grass MATA MPL shows a statistically significant superiority of the treatment when compared to placebo, by reducing the Combined Symptom & Medication Score during the peak pollen season. Top line analysis will be available in mid-December. "The completion of the G306 study is an important milestone in our efforts to register this innovative treatment for the benefit of the millions of patients affected by grass allergies," says CEO Manuel Llobet.

----------

DP Poland Ltd, up 11% at 8.89 pence, 12-month range 6.10p-9.80p. The franchise in Poland and Croatia for Domino's Pizza reports robust sales in the third quarter. Like-for-like system sales in Poland rise 14% in the third quarter, and 35% in October to a new monthly record. "We are seeing the benefits of our focus to build a High Volume Mentality business; delivering a compelling value proposition for our customers based on fantastic quality pizza delivered quickly," CEO Nils Gornall says. He adds that the Croatian business also continues to trade well, with the most recently opened store already surpassing initial sales expectations.

----------

AIM - LOSERS

----------

Horizonte Minerals PLC, down 46% at 10.14p, 12-month range 9.0p-172.00p. The nickel developer says it plans to reduce construction activities at its Araguaia nickel asset in Brazil to only those that are critical work streams. Says it should have sufficient working capital until around mid-December, and is advancing discussions with suppliers, as well as other cash-preserving measures, to extend its cash runway. Financing discussions with shareholders and lenders continue. "While work on the funding solution continues, we have elected to focus capital and human resources on the critical work packages. This work is planned is to ensure that we are well-positioned to resume full construction activities post receipt of the funding to benefit stakeholders and our community alike," says CEO Jeremy Martin.

----------

Renalytix PLC, down 29% at 26.74p, 12-month range 25p-155p. The London-based kidney health-focused diagnostics company's shares hit new lows on disappointing first-quarter results for the three months to September. Says revenue halves to USD459,000 from USD969,000 a year before, as its pretax loss narrows to USD10.2 million from USD12.0 million. The firm had cash and cash equivalents of USD13.9 million at the end of September, compared to USD24.7 million at the end of June.

----------

By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
6 Nov 2023 12:33

IN BRIEF: Allergy Therapeutics extends cash runway until end of 2023

Allergy Therapeutics PLC - West Sussex, England-based commercial biotechnology company - Says it continued to work on initiatives to improve cost control and manage working capital alongside trading broadly in line with expectations for the current financial year to date. Says it has extended its cash runway and anticipates to require additional funding by the end of December. Further, says discussions with some major shareholders regarding a subscription and open offer announced in October have progressed. Says that the pivotal phase 3 grass G306 modified allergen tyrosine adsorbed monophosphoryl lipid A trial remains on track to report interim results this month. Via G306, the company aims to release an immunotherapy for grass allergy.

Read more
16 Oct 2023 08:40

ZQ makes mandatory offer for Allergy Therapeutics as holding hits 60%

(Alliance News) - ZQ Capital Management Ltd on Monday announced a mandatory takeover offer for Allergy Therapeutics PLC, as required under UK takeover rules, but it said the offer won't be accepted by the Allergy's second largest shareholder and so won't succeed.

Read more
13 Oct 2023 14:07

IN BRIEF: Allergy Therapeutics raises GBP40.8 million in fundraise

Allergy Therapeutics PLC - West Sussex, England-based commercial biotechnology company - Says that it has conditionally raised total gross proceeds of approximately GBP40.8 million through an equity financing, which was announced on April 6. Proceeds of the equity financing will be used to repay amounts owed under the loan facility agreement.

Read more
27 Sep 2023 13:10

EARNINGS: Safestyle suffers amid "difficult" trading conditions

(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 more
26 Sep 2023 19:38

TRADING UPDATES: Cohort trading ahead of expectations, record orders

(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
22 Sep 2023 20:37

TRADING UPDATES: Braemar investigation to end; Marula reports delay

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

Read more
10 Aug 2023 11:11

Allergy Therapeutics shares plunge on expected loss and revenue drop

(Alliance News) - Allergy Therapeutics PLC on Thursday said it expects to swing to a loss for the full-year as revenue plummets on production disruptions.

Read more
10 Jul 2023 13:45

Allergy Therapeutics appoints new CFO; interim CFO to leave in August

(Alliance News) - Allergy Therapeutics PLC on Monday said it has promoted Group Financial Controller Shaun Furlong to chief financial officer.

Read more
19 Jun 2023 11:40

Allergy Therapeutics banks on second half-year to boost revenue

(Alliance News) - Allergy Therapeutics PLC on Monday said its loss widened and revenue fell, with costs going up as new research studies progress, but predicted improved sales in the second half of the year thanks to higher demand in the seasonal allergy market.

Read more
6 Apr 2023 14:42

Allergy Therapeutics enters GBP41 million facility with ZQ Capital

(Alliance News) - Allergy Therapeutics PLC on Thursday said it has entered into a senior secured facility agreement with ZQ Capital Management Ltd, through its affiliate SkyGem International Holdings Ltd and Southern Fox Investments Ltd.

Read more
27 Mar 2023 18:42

TRADING UPDATES: Sabien works with Empiric; Coro sells in Italy

(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
27 Mar 2023 15:16

Allergy Therapeutics starts dosing peanut allergy vaccine candidate

(Sharecast News) - Allergy Therapeutics, a UK-based biotechnology company specialising in allergy vaccines, announced the start of the first application of its 'VLP Peanut' vaccine candidate in peanut-allergic patients on Monday.

Read more
20 Jan 2023 12:33

Allergy Therapeutics confident in funding as results remain late

(Sharecast News) - Commercial biotechnology company Allergy Therapeutics said in an update on Friday that it expects first-half revenue of £39.9m, making for a decrease of 18% year-on-year.

Read more
20 Jan 2023 10:37

Allergy Therapeutics revenue drops but optimistic about funding

(Alliance News) - Allergy Therapeutics PLC on Friday said it expects a drop in revenue during the first half of its financial year, but it remains confident about funding opportunities.

Read more
29 Dec 2022 16:52

LONDON MARKET CLOSE: FTSE 100 edges higher and New York stocks jump

(Alliance News) - London's FTSE 100 achieved a solid, though unspectacular, gain during the final full trading of the year on Thursday, with investors mindful of what an ease of Covid-19 curbs in China could mean for global inflation.

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.