Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAgronomics Share News (ANIC)

Share Price Information for Agronomics (ANIC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 8.30
Bid: 8.20
Ask: 8.40
Change: 0.12 (1.45%)
Spread: 0.20 (2.439%)
Open: 8.30
High: 8.42
Low: 8.30
Prev. Close: 8.30
ANIC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: iEnergizer and Volex post interim profit hikes

Thu, 11th Nov 2021 21:26

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

----------

iEnergizer Ltd - IT service management company - Revenue in six months to September 30 up 35% year-on-year to USD121.9 million from USD90.2 million. Pretax profit improves 41% to USD37.9 million from USD26.9 million. Lifts payout 42% to 8.12 pence per share from 5.72p. "We are delighted to report another strong performance by iEnergizer, with highly profitable growth in revenue and profit margins, which exceeded our expectations for H1 2022," Chair Marc Vassanelli says.

----------

Volex PLC - Hampshire, England-based electronic components maker - Revenue in first half ended October 3 jumps 45% to USD292.7 million from USD202.5 million. Pretax profit increases 35% to USD19.4 million from USD14.4 million. Ups payout by 9.1% to 1.2p per share from 1.1p. "Robust first half of the year coupled with a strong forward order book, means Volex is on course to deliver on its full-year consensus market expectations," company says.

----------

MaxCyte Inc - Maryland-based platform for cell-based research - Revenue in third quarter rises 50% to USD10.1 million from USD6.8 million a year earlier. Pretax loss narrows to USD2.7 million from USD3.1 million. "We continue to expand our customer base and increase the number of strategic partnerships, now with 15 strategic platform license agreements in place following the announcement of our agreement with Nkarta in early November. The vast majority of our SPL agreements enable MaxCyte to participate in pre-commercial milestones and post-commercial sales-based payments on SPL-related Programs. We remain bullish around the potential for our SPL partnerships to generate meaningful revenue for the business over the next 12 to 18 months and beyond as our partners continue to see clinical success," Chief Executive Doug Doerfler says. In addition, company lifts 2021 revenue outlook to USD33.0 million from previous guidance of "greater than USD30 million".

----------

Sabien Technology Group PLC - Watford-based boiler efficiency products - Has signed heads of terms with Proton Technologies Canada Inc in relation to a hydrogen processing licence within UK territories. Sabien will be producing 20 tonnes of hydrogen per day, generated using Proton's technology.

----------

Bidstack Group PLC - London-based in-game advertising platform - Partners with Wildlife Studios Ltd, creators of mobile tennis game Tennis Clash. "The activations will see brands featured across virtual tennis courts such as New York and Sydney, on courtside banners, scoreboards and nets, on custom racket strings and across branded outfit designs that will be seamlessly integrated into the game's virtual world. The in-game takeovers will be available to all players and will be seen by a global audience," Bidstack says.

----------

Tlou Energy Ltd - power company focused on sub-Saharan Africa - Secures 10 megawatt power purchase deal with Botswana Power Corp. "The construction of transmission lines to connect Lesedi to the existing power grid is expected to be completed in 2023," Tlou says. Notes a prototype hydrogen production unit is being designed in Brisbane before being transported to Lesedi in first half of 2022. Says hydrogen technology partner Synergen Met Pty Ltd plans to float in Sydney in "coming months" and is currently going through pre-IPO process. Tlou may participate in the IPO for up to USD3 million. "The company sees significant upside for a potential investment in SM given comparisons with similar listed entities," Tlou says.

----------

Goldstone Resources Ltd - gold exploration and development in West Africa - Raises GBP1 million through placing of 8.7 million shares at 11.5 pence each with a new institutional shareholder. "The net proceeds of the placing will be used predominantly to expediate the exploration, including a drilling programme, at the former underground mine at Akrokeri, formerly known as the Akrokeri Ashanti Mine Ltd," Goldstone says.

----------

Energean PLC - gas explorer and producer in the Mediterranean - Prices offering of USD450 million senior secured notes due 2027. Notes carry 6.5% annual interest rate.

----------

Zephyr Energy PLC - Newbury, England-based exploration & production company - Reports the first flowing hydrocarbons from the State 16-2LN-CC well, even as production testing and well clean-up efforts remain ongoing. "The production of hydrocarbons marks a major milestone for Zephyr, particularly as this is the first horizontal well in the wider Paradox Basin to flow hydrocarbons using a modern hydraulically stimulated completion," company explains.

----------

Pharos Energy PLC - oil & gas company with assets in Egypt, Vietnam and Israel - Says first phase of the TGT 4 well infill development drilling programme in Vietnam completed. All four infill development wells drilled within schedule and well under budget, Pharos says.

----------

Great Eastern Energy Corp Ltd - Indian coal bed methane company - Revenue in six months to September 30 falls 9.6% year-on-year to USD13.4 million from USD12.3 million. Swings to pretax profit of USD1.8 million from USD66,970 loss a year earlier.

----------

Agronomics Ltd - Isle of Man-based investor in the field of cellular agriculture - Portfolio firm Tropic Biosciences will not see its potato product face "regulatory barriers". The product, developed using gene editing induced gene silencing technology, is exempt from regulation under the US Department of Agriculture Animal & Plant Inspection Service. "This confirmation ensures that its gene-edited potatoes, resistant to browning, will not face regulatory barriers on its way to market, and is a promising indicator for its other products such as coffee, rice and bananas," Agronomics says. It has a 3.0% stake in Tropic.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
28 Mar 2023 15:08

DIRECTOR DEALINGS: Outgoing Croda finance director sells; H&T CEO buys

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and Tuesday and not separately reported by Alliance News:

Read more
23 Feb 2023 18:37

TRADING UPDATES: Anglo Asian eyes "pivotal" 2023, Cordel signs deal

(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
20 Feb 2023 18:10

IN BRIEF: Agronomics' portfolio companies join fermentation alliance

Agronomics Ltd - Isle of Man-based venture capital firm focused on opportunities within the field of cellular agriculture - Says its portfolio companies, The Every Co and OnegoBio, have joined seven other companies in the creation of a new precision fermentation alliance. Explains the group will serve as an "industry voice and global convener" for the precision fermentation industry. The alliance, named the Precision Fermentation Alliance, will also focus on ensuring that "science-based decision-making and informed public policy are used in the regulation of precision fermentation products and technology that are used in food", Agronomics says.

Read more
8 Feb 2023 14:03

IN BRIEF: Agronomics half-year net asset value rises; profit jumps

Agronomics Ltd - Isle of Man-based cellular agriculture investment firm - Net income in the six months that ended on December 31 amounts to GBP19.4 million, up significantly from GBP3.5 million a year earlier. Pretax profit multiplies to GBP18.6 million from GBP2.5 million. Net asset value per share at December 31 is 16.38 pence, up 10% from 14.85p at June 30. Total net assets amount to GBP162.5 million at December 31, up from GBP143.9 million at June 30. The increase is mainly due to unrealised gains on investments of GBP19.4 million booked in six-month period, the company says.

Read more
7 Feb 2023 21:14

TRADING UPDATES: Chrysalis invests in Starling; Agronomics notes deal

(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
25 Jan 2023 21:41

TRADING UPDATES: 88 Energy anticipates well spud; Tern sees progress

(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
4 Jan 2023 10:29

Agronomics issues shares to Shellbay to partly settle consultancy deal

(Alliance News) - Agronomics Ltd on Wednesday said issued 14.3 million new shares to Shellbay Investments Ltd to partially settle their consultancy agreement.

Read more
30 Dec 2022 14:37

TRADING UPDATES: Lansdowne extends loan, Celadon plans clinical trial

(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
23 Dec 2022 15:40

TRADING UPDATES: Webis wins racetrack deal; Plexus confident

(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
23 Dec 2022 13:07

Agronomics investee Solar Foods gets EUR 34m grant

(Sharecast News) - Cellular agriculture investor Agronomics announced on Friday that its Finnish portfolio company Solar Foods, focussed on commercialising its 'Solein' protein "made from air", has received a €34m grant to support the build of its first fermentation facility and start preparations for a full-scale facility.

Read more
20 Dec 2022 14:32

TRADING UPDATES: Agronomics NAV up; Churchill China hires new CFO

(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
5 Dec 2022 16:17

Agronomics invests another $3.5m in Liberation Labs

(Sharecast News) - Cellular agriculture investor Agronomics announced on Monday that, further its announcement on 20 October, it has invested an additional $3.5m in the $20m seed round of Liberation Labs - a "precision" fermentation contract manufacturer.

Read more
5 Dec 2022 14:41

Agronomics invests USD3.5 million in Liberation Labs seed round

(Alliance News) - Agronomics Ltd on Monday said it invested USD3.5 million in precision fermentation contract manufacturer Liberation Labs Holdings Inc as part of its seed round.

Read more
17 Nov 2022 17:19

CORRECT: Agronomics notes Upside Foods secures US cultivated meat win

(Correcting to clarify that Upside Foods is not an Agronomics Ltd investee.)

Read more
17 Nov 2022 16:12

Agronomics says Upside Foods wins US FDA approval for cultivated meat

(Alliance News) - Agronomics Ltd on Thursday said that its investee company Upside Foods had won US Food & Drug Administration approval for its cultivated chicken product.

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.