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Share Price Information for Ascent Resources (AST)

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Share Price: 1.85
Bid: 1.80
Ask: 1.90
Change: -0.05 (-2.63%)
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UK TRADING UPDATE SUMMARY: Novacyt Virus Test Orders At EUR135 Million

Tue, 02nd Jun 2020 12:57

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

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Novacyt SA - clinical diagnostics - Says sales of Covid-19 tests totalling EUR135 million at June 1, including EUR45 million already received and forward orders worth an additional EUR90 million. Novacyt says it is selling testing kits to more than 130 countries and wins Zimbabwe contract to supply 1.5 million tests.

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Concepta PLC - pregnancy testing and fertility tracking - Reports cost savings made as a result of manufacturing of myLotus fertility tracking product being outsourced. Says in early stages of commercial rollout of myLotus, but announces plans for digital campaign in June.

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Hemogenyx Pharmaceuticals PLC - blood disease treatment - Extends development deal with an unnamed global pharmaceutical company due to Covid-19. Partnership to develop CDX antibody candidate extended by three months to complete work.

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ValiRx PLC - cancer treatment - To work with Oncolytika Ltd and Black Cat Bio Ltd to explore use of VAL201 in a combination treatment for severe SARS-Cov2 sufferers. ValiRx cautions no guarantee collaboration will result in licensing income.

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PureTech Health PLC - biotherapeutics - Says founding entity Gelasis receives approval to market Plenity weight loss treatment in Europe.

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Braveheart Investment Group PLC - investment company - Says 80% owned Kirkstall Ltd partnering with Animal Free Research UK, researchers awarding grants to scientists who use techniques to replace use of animals in trials. Says Animal Free Research panel awards outlines projects that will use Kirkstall's Quasi Vivo system in Covid-19 research.

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Witan Investment Trust PLC - investor - Says performance so far in 2020 hurt by Covid-19 volatility, with total return at negative 17%, underperforming benchmark which gained 5%. Says UK stocks particularly hit, losing 19% in the period to end of May.

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Rambler Metals & Mining PLC - copper and gold producer - Enters into short-term financing agreement with Aether Real Assets Co Investment for GBP1.0 million unsecured loan carrying 10% annual interest, maturing October 5.

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Volga Gas PLC - oil and has exploration and production - Says average May production came in an 3,372 barrels of oil equivalent per day, up 45% month-on-month. Adds average price hurt by devaluation of Russian ruble and wider oil price drop.

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Ascent Resources PLC - natural resources - Says Slovenian environmental agency has announced Ascent's joint-venture partner Geoenergo doo needs impact assessment before working on PG-10 and PG-11A wells.

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Clipper Logistics PLC - logistics - Expects to report full-year earnings before interest, taxes and amortisation of roughly GBP24.0 million, a 19% rise. Reports boosted levels of activity from new and existing customers following initial Covid-19 disruption. Expects EBITA in financial 2021 to beat company-compiled consensus of GBP25.8 million.

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Hargreaves Services PLC - industrial and property services - To halt all coal mining operations by July 2020, but will incur GBP3.7 million exceptional cost for year ended May 31, 2020 as a result. Says no material disruption from Covid-19 besides in Property business, where work at a residential site near Edinburgh was suspended.

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Quartix Holdings PLC - vehicle tracking - Says trading during the four months to April 30 was stronger year-on-year. Does report however that new fleet installations fell 60% year-on-year in April and 25% annually in May, despite slight rebound as lockdowns eased. Says no material impact on subscription base as a result of Covid-19. Adds pandemic is unlikely to have material impact on profit and cash flow for first half of 2020.

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Zotefoams PLC - foam products maker - Maintained operations in April and May, despite challenging demand conditions. Expects trading in the second quarter to be in line with board expectations and forecasts stronger second half.

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Water Intelligence PLC - water leak detection - Reacquires San Jose, California franchise to sit within American Leak Detection subsidiary. Allows company to have corporate base in Silicon Valley, offering chance to build on "strong" research and development relationships.

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Gusbourne PLC - sparkling wine maker - Says 2020 started strongly but distribution channels hit by Covid-19 since March, though online demand has increased. Winery and vineyards continued production through lockdown, but company has furloughed staff, particularly in sales team. Enters into GBP10.5 million facility with lender PNC Financial Services UK Ltd. Gusbourne says new agreement will refinance existing debts.

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Blancco Technology Group PLC - data erasure - Enters in master service agreement to provide Aon Group Co with device diagnostics technology.

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Gaming Realms PLC - mobile games - Says licensing revenue continued to grow, surging 80% year-on-year between April and May. Adds revenue helped by new licensing partners like 888casino.com, Sky Betting & Gaming and Draft Kings. Expects earnings before interest, taxes, depreciation and amortisation for 2020 to be significantly ahead of market expectations.

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WANdisco PLC - Data and AI - Says it has secured reseller agreement with "large global systems integrator". Reports customer will have access to WANdisco's suite of solutions.

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Boku Inc - mobile payments platform - Reports identity services now available in more than 50 countries.

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Toople PLC - telecoms - Reports recently-acquired subsidiary Direct Market Services Ltd wins pact to provide IT services to Carluccio's restaurant group.

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Iconic Labs PLC - media business - To issue 500.0 million new shares under first tranche of convertible bonds agreement with lender.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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21 Jan 2019 10:21

Ascent Resources Raises GBP330,000 To Pursue New Strategy (ALLISS)

LONDON (Alliance News) - Ascent Resources PLC said Tuesday it has raised GBP331,603 in net proceeds via a share issue to develop its Petisovci project in Slovenia and pursue opportunities outside

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18 Jan 2019 17:25

Ascent Resources To Raise Funds For New Strategy, Price 20% Discount (ALLISS)

LONDON (Alliance News) - Oil and gas explorer Ascent Resources PLC said Friday it will offer shares in the company at 0.30 pence each, without specifying how much it was targeting to in Ascent at

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14 Jan 2019 11:37

Ascent Resources eyes expansion beyond Slovenian border

(Sharecast News) - Ascent Resources has resumed its previous strategy of expanding beyond the Eastern European nation of Slovenia, even as it continues to focus on moving forward its Petisovci project.

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14 Jan 2019 09:45

Ascent Resources To Consider Options Outside Slovenia, Refreshes Board

LONDON (Alliance News) - Ascent Resources PLC on Monday said it has resumed its previous strategy to expand its interests beyond Slovenia while continuing to focus on a way forward to develop the

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6 Dec 2018 10:38

Ascent Resources Halts Review And Sale Process Amid Slovenian Woes

LONDON (Alliance News) - Shares in Ascent Resources PLC fell on Thursday as the company said that it has halted its strategic review and formal sale process due to uncertainty related to the of of

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7 Nov 2018 12:00

Ascent Resources Unable To Contact Slovenian Environment Minister

LONDON (Alliance News) - Ascent Resources PLC said Wednesday it has been unable to contact the Slovenian Environment Minister after he announced last week his department would review Ascent's

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30 Oct 2018 10:41

WINNERS & LOSERS SUMMARY: Ocado Surges After Inking Deal With Kroger

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - Group, 7.2%. The online grocer said it has and

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30 Oct 2018 09:29

Ascent Resources to take Slovenia to court after further permit delays

(Sharecast News) - Ascent Resources updated the market on the status of its IPPC permit application on Tuesday, reporting that since August it had received repeated private assurances from senior officials at the Slovenian Environment Agency - the lead regulator in the award of permits - that the issue of the long-awaited permit had been approved and would be confirmed imminently.

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1 Oct 2018 10:59

Ascent Resources Expects Permit Soon As September Production To Drop

LONDON (Alliance News) - Ascent Resources PLC said on Monday that it is confident that the Integrated Pollution Prevention and Control permit will be confirmed in the company weeks.Shares

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1 Oct 2018 09:09

Ascent Resources 'greatly encouraged' by recent progress

(Sharecast News) - Ascent Resources told investors they had good reason to be confident despite a recent shutdown in its wells after seeing "significant progress" around its long-awaited permits.

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20 Sep 2018 11:26

Ascent Resources Loss Narrows, Awaits Outstanding Petisovci Permits

LONDON (Alliance News) - Shares in Ascent Resources PLC dropped on Thursday as the company said it is still awaiting the award of the outstanding permits for its Petisovci project from the were at

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10 Sep 2018 10:53

Ascent Resources Reports Drop In August Gas Production

LONDON (Alliance News) - Ascent Resources PLC said Monday that total production for the month of August fell to 727,851 cubic metres from 816,490 in July.Average daily production was also a

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10 Sep 2018 08:03

Ascent Resources sees production slip in August, warns of September shut-in

(Sharecast News) - Ascent Resources saw total production for the month of August fall 10% month-on-month to 727,851 cubic metres, while average daily production slipped 11% to 23,456 cubic metres.

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20 Aug 2018 10:49

Ascent Resources Files Amended Permitting Responses To Slovenia

LONDON (Alliance News) - Ascent Resources PLC said Monday that it submitted the amendments requested by the Slovenian Environment Agency.The remaining outstanding points will be answered of

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6 Aug 2018 10:35

Ascent Resources Slides As Permitting Issues Hinder Strategic Review

LONDON (Alliance News) - Shares in Ascent Resources PLC slumped Monday as the company said permitting delays in Slovenia are deterring potential partners for its Petisovci shares were trading at a

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