TRADING UPDATES: abrdn New India, Chelverton UK net assets fall
(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(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(Alliance News) - Amte Power PLC on Wednesday said it is in discussions with investors over further financing, but said it is not currently pursuing a sale of the company itself.
Read more(Sharecast News) - Specialist battery cell developer Amte Power updated the market on its financing situation on Thursday, having disclosed in December that it would need additional capital by April to cover its operating costs at the time.
Read more(Alliance News) - Amte Power PLC on Thursday said it continues to be in discussions relating to raising further finance with investors, adding that it must complete "some form" of fundraise in the next four weeks.
Read more(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(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(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 moreAmte Power PLC - Developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist applications - Agrees unsecured GBP580,000 loan from Highlands and Islands Enterprise. The loan is repayable after three years and incurs interest, after an initial twelve-month interest free period, at 6.5% per annum. Says it will be used for general working capital purposes to support operations in Thurso.
Read moreAMTE Power PLC - London-based developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets - Receives a conversion notice in respect of GBP50,000 worth of convertible loan notes from Arena Investors LP resulting in the issue of 98,308 new shares at a conversion price of 50.86 pence per share. Following the conversion, GBP2.8 million remains outstanding for conversion under the first tranche of GBP3.0 million of the convertible bond facility with Arena. Following admission, the company's issued share capital will comprise 36.3 million shares.
Read moreAmte Power PLC - London-based developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets - Posts turnover of GBP546,080 for the six months ended December 31, down 33% from GBP815,174 a year before. Pretax loss widens to GBP3.7 million from GBP2.6 million, as operating loss widens to GBP3.8 million from GBP2.6 million in 2021. Finance costs almost double to GBP208,790 from GBP120,991. Cash amounts to GBP1.2 million at period end, down from GBP6.3 million a year prior.
Read more(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(Sharecast News) - UK-based lithium-ion and sodium-ion battery cell developer and manufacturer Amte Power announced the delivery of its first 'Ultra Prime' cells to its customer for testing on Friday.
Read more(Alliance News) - Amte Power PLC on Friday announced the delivery of its first ultra prime cells to its unnamed customer for testing.
Read more(Alliance News) - Amte Power PLC on Thursday said that it was well-placed for further growth, despite seeing its loss widen over the course of the financial year.
Read moreAMTE Power PLC - London-based manufacturer of battery cells with a facility in Thurso, Scotland - Receives conversion notice in respect of GBP150,000 worth of convertible loan notes from Arena Investors LP, resulting in the issue of 245,514 new shares at a conversion price of 61.10 pence each.
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