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

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBushveld Minerals Share News (BMN)

Share Price Information for Bushveld Minerals (BMN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.70
Bid: 0.65
Ask: 0.75
Change: 0.00 (0.00%)
Spread: 0.10 (15.385%)
Open: 0.70
High: 0.70
Low: 0.70
Prev. Close: 0.70
BMN 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: Loungers posts record revenue; SigmaRoc solid quarter

Tue, 26th Apr 2022 16:00

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

----------

Loungers PLC - operator of restaurants across England and Wales - For the 52 weeks ended April 17, achieves a record revenue of GBP237.3 million, in spite of a subdued December due to the Omicron variant. For the 48 weeks ended April 17, three year like-for-like sales grows 22%. Following a strong post-Christmas performance, profitability for the year is set to be slightly ahead of expectations.

----------

SigmaRoc PLC - London-based investment company focused on construction - For the first quarter of 2022, revenue rises 19% to GBP111.2 million from the same period in 2021, due to strong customer demand across all regions and products, particularly construction materials. Despite the uncertain macroeconomic backdrop, SigmaRoc remains confident about its prospects for the year.

----------

Trakm8 Holdings PLC - Birmingham-based telematics and data insight provider - For the financial year ended March 31, revenue rises 14% higher year-on-year to GBP18.2 million, and as a result expects to achieve an adjusted pretax profit of around GBP7,000, swinging from a loss of GBP300,000 the year before. Looking ahead, company is experiencing significant salary and component inflationary pressures, and states it is unlikely that the company can mitigate all of these cost measures.

----------

Lords Group Trading PLC - London-based distributor of building, plumbing, heating and DIY goods - For 2021, expects to report revenue at GBP363 million, and adjusted earnings before interest, tax, depreciation and amortisation of GBP21.5 million. For the first quarter of 2022, group revenue grew 14% to GBP103.2 million from GBP91.0 million a year prior, driven by strong growth from the Merchanting division. Looking further ahead, for 2022 the company anticipates revenue at GBP438 million, and adjusted pretax profit of GBP16.0 million.

----------

Franchise Brands PLC - Manchester-based owner of ChipsAway, Willow Pumps and Metro Rod brands - Notes continuation of sales and Ebitda growth seen in 2021 throughout the first quarter of 2022. In addition, reports a positive contribution to the group from the integration of Filta Group Holdings PLC. "Overall, the group is trading well, and the board looks forward to the rest of the year with considerable confidence".

----------

Bushveld Minerals Ltd - Guernsey-based vanadium producer with assets in South Africa - For the three months ended March 31, total production edges 1% higher at 972 metric tonnes vanadium, from 962 mtV the previous quarter, due to continued operational stability. Meanwhile, total sales grow 9% to 857 mtV from 788 mtV the same period a year prior. Looking ahead, Bushveld remains on track to meet annual production guidance of 4,200 mtV - 4,400 MtV.

----------

Shanta Gold Ltd - east Africa-focused gold producer, developer and explorer - For the first quarter of 2022, production dips to 11,408 ounces of gold from 12,244 ounces the previous quarter, in line with guidance set in January. The West Kenya project has upgraded its mineral resource estimate, with a 31% increase to 1.55 million ounces and sharp jump in indicated resources to 378,000 ounces grading at 11.7 grams per tonne.

----------

Manolete Partners PLC - London-based insolvency litigation financing - Receives all expected cash amounting to GBP5.6 million, following the completion of one of its larger case investments for GBP9.5 million, first mentioned in mid-April. Back then, the company says earnings before interest and tax between GBP5 million and GBP6 million to fall below market expectations for year ended March 31.

----------

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
15 Dec 2023 11:59

LONDON MARKET MIDDAY: FTSE 100 hurt by "mixed bag" of PMI data

(Alliance News) - The FTSE 100 in London was down at midday Friday, seeing Thursday's rally from hopes of interest rate cuts in the US coming to an end.

Read more
15 Dec 2023 10:58

Bushveld Minerals inks deal with Southern Point Resources

(Alliance News) - Bushveld Minerals Ltd saw its shares rise on Friday, after entering into a definitive agreement with Southern Point Resources Ltd.

Read more
14 Dec 2023 15:53

TRADING UPDATES: Eurasia Mining settles dispute with former advisor

(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
13 Dec 2023 14:18

Bushveld gives notice to 40pc of head office staff

(Sharecast News) - Vanadium producer Bushveld Minerals said in an update on Wednesday that it was implementing strategic cost-cutting measures to ensure long-term competitiveness and financial stability, while also right-sizing its head office staff to align with a renewed focus on core operational assets.

Read more
13 Dec 2023 14:12

Bushveld Minerals cuts costs by letting go of 40% of head office

(Alliance News) - Bushveld Minerals Ltd on Wednesday said it will be cutting costs, but the measures will impact about 40% of head office positions.

Read more
12 Dec 2023 19:24

IN BRIEF: Bushveld Minerals completes fundraise with retail offer

Bushveld Minerals Ltd - South Africa-focused vanadium producer and energy storage solutions provider - Announces the completion of the PrimaryBid offer that was announced on December 5. Says retail investors subscribed for around 2.5 million shares at an issue price of 3 pence per share, raising around GBP73,533.

Read more
5 Dec 2023 18:09

EARNINGS AND TRADING: Oxford Metrics revenue up; TPXimpact loss widens

(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
29 Nov 2023 21:36

EARNINGS AND TRADING: Southern Energy loss swing; Craven House widens

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

Read more
27 Nov 2023 20:02

TRADING UPDATES: Live Co to cut jobs; SDX Energy in strategy shift

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

Read more
20 Nov 2023 18:23

TRADING UPDATES: Eqtec to restucture; Bushveld to sell Cellcub stake

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

Read more
16 Nov 2023 19:30

TRADING UPDATES: Instem acquisition by Ichor sanctioned by UK court

(Alliance News) - (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
6 Nov 2023 14:26

TRADING UPDATES: Anglo-Eastern output down year-to-date, Bushveld's up

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

Read more
30 Oct 2023 14:34

IN BRIEF: Bushveld to become sole Vametco owner in acquisition deal

Bushveld Minerals Ltd - South Africa-focused vanadium producer and energy storage solutions provider - Enters conditional agreement to acquire the remaining 26% minority interest in Bushveld Vametco Holdings Proprietary Ltd, currently owned by a black economic empowerment consortium, in exchange for the issue of 232.8 million shares or 13% of its enlarged share capital. Transaction will grant Bushveld 100% ownership of the Vametco mine and vanadium plant, and complete control over its cash flows. Says 70% of consideration shares will be subject to a six-month lock-in period. Consideration also includes Bushveld paying ZAR18 million in cash to one of the BEE consortium vendors.

Read more
30 Oct 2023 09:50

Bushveld acquires remaining 26pc interest in BVH

(Sharecast News) - Vanadium producer Bushveld Minerals announced its conditional acquisition of the remaining 26% minority interest in Bushveld Vametco Holdings (BVH) on Monday, gaining full ownership of the Vametco vanadium mine and production facility in South Africa.

Read more
10 Oct 2023 14:26

IN BRIEF: Bushveld Minerals avoids uncalled for general meeting

Bushveld Minerals Ltd - South Africa-focused vanadium producer and energy storage solutions provider - Notes speculation around Kamran Sattar and Portillion Capital Ltd's intention to call a general meeting of shareholders in order to effect boardroom changes. Says it met with Sattar on Monday and reports that, having discussed his concerns, Sattar confirms he no longer intends to attempt to requisition a general meeting of shareholders.

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.