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Pin to quick picksBelluscura Share News (BELL)

Share Price Information for Belluscura (BELL)

London Stock Exchange
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Share Price: 17.25
Bid: 16.50
Ask: 18.00
Change: 1.50 (9.52%)
Spread: 1.50 (9.091%)
Open: 15.75
High: 17.75
Low: 15.25
Prev. Close: 15.75
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AIM WINNERS & LOSERS: Marshall Motor surges on takeover offer

Mon, 29th Nov 2021 10:55

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

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AIM - WINNERS

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Marshall Motor Holdings PLC, up 43% at 390.72 pence, 12-month range 125p-400p. Shares in the automotive retailer jump after Constellation Automotive Holdings makes a 400p-per-share takeover offer. This follows Marshall Motor late Friday confirming that Marshall of Cambridge Holdings, which holds a 64% interest in Marshall Motor, is considering a possible sale of its entire stake in the company. Marshall Motor notes bid, and that offeror has irrevocable undertakings from Marshall of Cambridge, and will make further announcement in due course.

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Frontier IP Group PLC, up 14% at 113p, 12-month range 57.44p-130.7p. Notes portfolio firm Vaccine Group achieves "significant milestone" in development of Covid-19 vaccine. Frontier IP holds 17% stake. Vaccine Group says results from pre-clinical trials in pigs for a SARS-CoV-2 vaccine candidate for use in humans shows strong T cell response is stimulated by a single immunisation, which is further boosted by a subsequent immunisation after four weeks.

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Belluscura PLC, up 12% at 100.5p, 12-month range 45p-112p. The medical device developer says the Medicare Administrative Contractor Palmetto GBA MolDx has issues final local coverage determination for the X-PLO2R portable oxygen concentrator. Medicare reimbursement covers approximately 50% of the oxygen concentrator market in the US. "The board believes the approval of the two reimbursement codes will have a positive impact on the company and expects to update shareholders on the full year outcome for FY21 in early January 2022," it says.

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AIM - LOSERS

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Arcontech Group PLC, down 15% at 107.5p, 12-month range 100.7p-204p. Says trading performance has "regrettably fallen below current market expectations" due to one customer reducing its market data spend and another notifying that it will not be renewing its contract from the start of the second half of 2022. "The reductions will take effect at the beginning of the second half of Arcontech's financial year and consequently will negatively impact revenue by annualised around GBP300,000, half of which will impact in the current financial year," the financial market data product and service provider says.

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Enwell Energy PC, down 15% at 32.3p, 12-month range 18.1p-49.5p. Says shut-in of the SV-2 and MEX-109 wells has knocked current production rates and will potentially hit overall production volumes for the fourth quarter. "However, continued high hydrocarbons sales prices will help to offset the anticipated overall lower production volumes and the resultant impact on revenues in Q4 2021," the oil and gas firm adds.

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By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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2 Apr 2024 12:34

Belluscura sees financial hit from delay to closing TMT acquisition

(Alliance News) - Belluscura PLC on Tuesday warned sales and adjusted earnings would be below market expectations due to the delay in closing the acquisition of TMT Acquisition PLC.

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AIM WINNERS & LOSERS: 88 Energy finds oil at Hickory-1; Redx to delist

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Belluscura enters partnership with Sunset HealthCare

(Sharecast News) - Belluscura announced a partnership with Sunset HealthCare Solutions, a Chicago-based manufacturer and distributor of home medical equipment, on Tuesday.

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9 Feb 2024 11:52

Belluscura bid for TMT Acquisition goes unconditional

(Sharecast News) - Belluscura announced on Friday that the all-share offer for the acquisition of TMT Acquisition had gone unconditional.

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9 Feb 2024 10:02

AIM WINNERS & LOSERS: Belluscura shares up as wraps up TMT takeover

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

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9 Feb 2024 09:41

Belluscura rises as TMT Acquisition takeover offer becomes unconditional

(Alliance News) - Belluscura PLC on Friday said its takeover offer for TMT Acquisition PLC has become wholly unconditional.

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8 Feb 2024 21:25

TRADING UPDATES: Nexxen expands partnership; Geiger considers listing

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

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7 Feb 2024 21:57

IN BRIEF: Belluscura says all but one condition satisfied for TMT buy

Belluscura PLC - London-headquartered medical device developer - After announcing in January the revised terms of an all-share offer by Belluscura for the whole of the issued share capital of TMT Acquisition PLC, Belluscura says that the full terms and conditions have now been satisfied or waived. This is apart from a final condition, which is for the admission of new Belluscura shares to be issued in respect of the offer to trading on AIM. Adds that the offer remains open for acceptances, and TMT Acquisition shareholders who have not yet accepted the offer "are urged to do so as soon as possible".

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1 Feb 2024 14:10

UPDATE: MicroSalt shares jump after IPO but investor Tekcapital falls

(Alliance News) - Tekcapital PLC on Thursday said its investee MicroSalt PLC has commenced trading on AIM, with the low-sodium salt producer also celebrating a successful fundraise.

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1 Feb 2024 11:39

Tekcapital shares fall but "excited" as MicroSalt completes IPO

(Alliance News) - Tekcapital PLC on Thursday said its investee MicroSalt PLC has commenced trading on AIM, with the low-sodium salt producer also celebrating a successful fundraise.

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24 Jan 2024 12:47

IN BRIEF: Tekcapital raises GBP570,000 via sale of Belluscura shares

Tekcapital PLC - London-based intellectual property investor - Sells 3.5 million shares in AIM-listed medical device developer Belluscura PLC at a price of 16.15 pence each, raising GBP565,250. Following the share sale, Tekcapital owns 7.7% of Belluscura.

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19 Jan 2024 18:18

IN BRIEF: TMT accepts revised offer terms from Belluscura

Belluscura PLC - London-headquartered medical device developer - Updates regarding offer for TMT Acquisition PLC. Agrees to increase the number of new Belluscura shares to be offered in exchange for TMT acquisition shares. TMT considers the revised terms fair and reasonable and recommends shareholders accept. Under the increased terms TMT shareholders will receive: 1 new Belluscura share in exchange for every TMT Acquisition share.

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20 Dec 2023 20:00

TRADING UPDATES: K3 Business says cash balances ahead of forecast

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

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20 Dec 2023 14:07

Belluscura confident in outlook after getting China approval

(Sharecast News) - Belluscura has gained approval to distribute its X-PLOR portable oxygen concentrator (POC) in China, it announced on Wednesday, under a licensing agreement with InnoMax Medical Device Technologies.

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12 Dec 2023 12:10

Belluscura oxygen concentrator approved in Singapore

(Sharecast News) - Belluscura, a medical device developer specialising in portable oxygen enrichment technology, announced approval from the Singapore Health Sciences Authority to distribute its 'X-PLOR' portable oxygen concentrator (POC) in Singapore.

Read more

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