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Share Price Information for Belluscura (BELL)

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Share Price: 12.50
Bid: 12.00
Ask: 13.00
Change: -0.25 (-1.96%)
Spread: 1.00 (8.333%)
Open: 12.75
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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.

More News
13 Jan 2023 08:57

LONDON MARKET OPEN: Pound at USD1.22 as UK GDP up, US inflation cools

(Alliance News) - Stock prices in London opened higher on Friday, ending a bullish week in decent fashion as cooler US inflation and unexpectedly robust UK growth figures lifted the mood.

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13 Dec 2022 10:26

IN BRIEF: Belluscura inks first international distribution agreement

Belluscura PLC - London-based medical device developer - Enters its first international distribution agreement outside of the US, with MedHealth Supplies. Says MedHealth is a durable medical equipment provider in South Africa. MedHealth has placed orders for both 2022 and 2023, with deliveries to commence immediately.

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21 Nov 2022 14:39

IN BRIEF: Otaq appoints Belluscura, MyHealthChecked chair in same role

Otaq - Lancaster, England-based marine technology for offshore oil and gas industries and aquaculture - Appoints Adam Reynolds as chair, effective immediately. Reynolds is chair at medical device developer Belluscura PLC and Cardiff-based healthcare company MyHealthChecked PLC. He replaces Alex Hambro, who leaves Otaq immediately.

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10 Nov 2022 21:19

TRADING UPDATES: Zambeef expects profit jump; Mobile Streams wins 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:

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20 Sep 2022 14:40

IN BRIEF: Belluscura interim loss widens; signs distribution agreement

Belluscura PLC - London-based medical device developer - In the six months ended June 30, reports a widened pretax loss of USD4.6 million. The previous year, the firm posted a loss of USD2.4 million. Revenue in the half totals USD561,745, up from nil the previous year. Belluscura says it strengthened its manufacturing capacity, secured its supply chain and reduced its production costs during the half. Looking forward, focus is on the completion of the development and testing of its next product, DISCOV-R, a portable oxygen concentrator. Chair Adam Reynolds adds the firm expects "substantial growth" over the coming years.

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13 Sep 2022 15:59

UK earnings, trading statements calendar - next 7 days

Wednesday 14 September 
Advanced Medical Solutions Group PLCHalf Year Results
Anpario PLCHalf Year Results
Artisanal Spirits Co PLCHalf Year Results
BioPharma Credit PLCHalf Year Results
Blackbird PLCHalf Year Results
Central Asia Metals PLCHalf Year Results
Diurnal Group PLCHalf Year Results
Dunelm Group PLCFull Year Results
Epwin Group PLCHalf Year Results
Glenveagh Properties PLCHalf Year Results
ITM Power PLCFull Year Results
Niox Group PLCHalf Year Results
Pan African Resources PLCFull Year Results
Pharos Energy PLCHalf Year Results
Redrow PLCFull Year Results
Ricardo PLCFull Year Results
STM Group PLCHalf Year Results
Tullow Oil PLCHalf Year Results
Thursday 15 September 
Big Technologies PLCHalf Year Results
Brooks Macdonald Group PLCFull Year Results
Checkit PLCHalf Year Results
DFS Furniture PLCFull Year Results
Downing Renewables & Infrastructure Trust PLCHalf Year Results
Foresight Solar Fund LtdHalf Year Results
Gresham House PLCHalf Year Results
Hilton Food Group PLCHalf Year Results
IG Group Holding PLCQ1 Results
IGas Energy PLCHalf Year Results
Keystone Law Group PLCHalf Year Results
Kier Group PLCFull Year Results
MJ Gleeson PLCFull Year Results
Oxford BioMedica PLCHalf Year Results
Portmeirion Group PLCHalf Year Results
Regional REIT LtdHalf Year Results
Renishaw PLCFull Year Results
RTW Venture Fund LtdHalf Year Results
THG PLCHalf Year Results
Trainline PLCTrading Statement
Wickes Group PLCHalf Year Results
Friday 16 September 
Dunedin Enterprise Investment Trust PLCHalf Year Results
Monday 19 September 
City of London Investment Group PLCFull Year Results
Craneware PLCFull Year Results
Haleon PLCHalf Year Results
IQGeo Group PLCHalf Year Results
Tuesday 20 September 
Alliance Pharma PLCHalf Year Results
ASA International Group PLCHalf Year Results
Belluscura PLCHalf Year Results
Brown Advisory US Smaller Cos PLCFull Year Results
Cambridge Cognition Holdings PLCHalf Year Results
EKF Diagnostics Holdings PLCHalf Year Results
Elixirr International PLCHalf Year Results
Feedback PLCFull Year Results
Fintel PLCHalf Year Results
First Tin PLCHalf Year Results
Frasers Group PLCFull Year Results
Gaming Realms PLCHalf Year Results
Good Energy Group PLCHalf Year Results
Henry Boot PLCHalf Year Results
HydrogenOne Capital Growth PLCHalf Year Results
Jadestone Energy PLCHalf Year Results
Kingfisher PLCHalf Year Results
Litigation Capital Management LtdFull Year Results
Moonpig PLCTrading Statement
Northcoders Group PLCHalf Year Results
Spectral MD Holdings LtdHalf Year Results
SThree PLCTrading Statement
Unbound Group PLCHalf Year Results
Xaar PLCHalf Year Results
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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2 Aug 2022 14:27

IN BRIEF: Belluscura signs agreement for supply of oxygen concetrators

Belluscura PLC - London-based medical device developer - Enters into an agreement for the supply of portable oxygen concentrators with VGM Group Inc. Says that VGM is "largest and most comprehensive" member service organisation in the US for post-acute healthcare. Over 2,500 healthcare providers with nearly 7,000 locations across the US rely on VGM to supply them with healthcare resources, it adds.

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27 Jun 2022 21:51

TRADING UPDATES: Anglo-Eastern Plantations sees palm oil prices rise

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

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19 May 2022 18:55

TRADING UPDATES: Knights tips revenue hike; Gym Group eyes growth

(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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13 May 2022 14:10

IN BRIEF: Belluscura raises GBP6 million in oversubscribed placing

Belluscura PLC - London-based medical device developer - Increases the size of the GBP5 million placing that was announced on Thursday, as it was "significantly" oversubscribed. Raises GBP6 million through the placing of 7.1 million shares at 85 pence per share. Says the placing price represents a 15% discount to the closing mid-market price on Thursday. Says the placing shares represent roughly 6.2% of its existing share capital. Notes that Dowgate Capital Ltd acted as sole broker and bookrunner. Plans to use the proceeds to fund the purchase of raw material inventory and for manufacturing non-recurring engineering costs in connection to its recently announced global manufacturing deal with InnoMax Medical Technology Ltd.

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12 May 2022 19:45

TRADING UPDATES: Belluscura to raise GBP5 million; React buys

(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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8 Apr 2022 21:57

TRADING UPDATES: Block Energy ups production; SEEEN wins new customers

(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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30 Mar 2022 16:06

LONDON MARKET CLOSE: FTSE 100 keeps head above water on oil strength

(Alliance News) - The FTSE 100 was able to outperform European peers on Wednesday - a reversal from Tuesday - as the commodity-heavy index was getting a lift from oil companies and miners.

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30 Mar 2022 13:24

Belluscura signs manufacturing deal in China

(Sharecast News) - Medical device developer Belluscura has signed a manufacturing master supply agreement with InnoMax Medical Technology, it announced on Wednesday, to manufacture the 'X-PLO2R' portable oxygen concentrator in China.

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30 Mar 2022 10:39

IN BRIEF: Belluscura shares rise on manufacturing agreement in China

Belluscura PLC - London-based medical device developer - Signs a manufacturing master supply agreement with InnoMax Medical Technology Ltd, a joint venture between MexNerva Technology Services Ltd and China's National Centre for Advanced Medical Devices. The agreement is for the manufacture of the X-PLO2R portable oxygen concentrator in China. Belluscura says the agreement will more than double its manufacturing capacity next year. Commercialisation and distribution in Asia is expected to occur no later than the first quarter of 2023. The agreement has an initial duration of three years. Belluscura does not disclose the financial details.

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