The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBatm Advanced Share News (BVC)

Share Price Information for Batm Advanced (BVC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 18.95
Bid: 17.70
Ask: 18.95
Change: -0.05 (-0.26%)
Spread: 1.25 (7.062%)
Open: 18.95
High: 18.95
Low: 18.95
Prev. Close: 19.00
BVC 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: BATM reports Edgility progress, Rambler starts sale

Mon, 17th Apr 2023 19:43

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

----------

Schroder UK Public Private Trust PLC - investment trust geared to investing in a diversified global portfolio of private and public equity companies - Reports net asset value fell 41% to 28.52 pence at December 31 from 48.08p in the previous year. Explains performance was primarily driven by the fall in the share price of its largest holding, Oxford Nanopore and other legacy private investments including Rutherford, BenevolentAI and Atom Bank. Highlights progress in tilting portfolio towards venture, growth or life sciences, with new six new private investments made in 2022.

----------

Harland & Wolff Group Holdings PLC - infrastructure projects operator whose assets include a shipyard in Belfast - Shares findings of the large-scale hydrogen concept study by Atkins, in connection with its Islandmagee Gas Storage Facility that was initiated last year. Report states hydrogen can be stored in salt caverns and withdrawn to a hydrogen grid when required. Notes additional capital expenditure would be required to integrate hydrogen compression, dehydration, and cooling into the gas storage facility of around GBP168 million. Company believes the findings takes it one step further in future proofing the project.

----------

Bluebird Merchant Ventures Ltd - South Korea-focused gold development company - Needs to provide further detail as part of application for Mountain Temporary Use Permits at Kochang and Gubong mines. Notes a requirement to provide within 90 days measures to reduce the risk of environmental impact and to conduct a successful wider community consultation and gain of support beyond the immediate area. Suggests this brings local politics into play over which the company has no part. Believes it has more than adequately covered these aspects already. Separately, announces repayment of all outstanding loans meaning the company is debt free and has sufficient funding for the next 12 months based on its current plan.

----------

Thor Energy PLC - US and Australia-focused uranium and energy metals resource company - Announces results from the Ambient Noise Tomography survey at the Alford West Project, South Australia, by 30% owned EnviroCopper Ltd. Reports the ANT survey successfully delineates the weathered "trough" like structures that host oxide copper-gold mineralisation within the Alford Copper Belt. States the findings will be integrated with historical drilling data to generate a new drilling programme, targeting higher-grade oxide copper-gold mineralisation. Adds future drilling will be focused on areas with low-density contrast which have been shown to host oxidised copper mineralisation.

----------

BATM Advanced Communications Ltd - Hod Hasharon, Israel-based networking and medical technology company - Announces that the first enterprise deployment of its Edgility edge computing and virtual networking solution is ahead of schedule. Reports initial launch with Cemex has been a success and a global rollout is now targeted for completion this year thereby accelerating the group's revenue recognition under this contract. Reports excellent progress under contract with CityFibre with further orders expected. Moti Nagar, Chief Executive Officer of BATM said: "Revenue from Edgility in the first quarter of 2023 almost equalled that generated for the whole of 2022, and we remain on track for significant growth in our sales of Edgility this year."

----------

Zenith Energy Ltd - Calgary, Canada-based energy company with production, exploration and development assets in Africa and Europe - Reports all resolutions were passed at AGM held on April 14. In addition, confirms it is currently performing the necessary legal and technical work for the finalisation of a Production Sharing Contract for the Seme oilfield, offshore Benin.

----------

NB Distressed Debt Investment Fund Ltd - Guernsey-incorporated closed-ended fund invests in distressed, stressed and special situations investments - Announces USD8.15 million in further capital distributions for the Extended Life and GBP2.17 million for the New Global share classes. Explains the distributions result from the successful finalisation of the Buffalo Thunder notes restructuring which generated cash proceeds that are available for distribution.

----------

Rambler Metals & Mining PLC - Owner of Ming copper-gold mine in Baie Verte, Newfoundland and Labrador - Reports Rambler Metals and Mining Canada Ltd has started a sale and investment solicitation process for the Rambler Group to be conducted by Grant Thornton. The process will be conducted in the context of ongoing proceedings under the Companies' Creditors Arrangement Act. Interested parties should submit offers by May 19. Company stresses there can be no assurance with respect to the levels of recovery, if any, for unsecured creditors or shareholders.

----------

Angle PLC - Surrey, England-based medical diagnostics company - Announces the presentation of a poster at the American Association for Cancer Research annual meeting, in Orlando, Florida, between Friday last week and Wednesday this week. Explains the poster demonstrates the feasibility of combining immunofluorescent and HER2 fluorescence in-situ hybridization analysis with circulating tumour cells harvested using the Parsortix system. Additionally, points out the study demonstrated the successful isolation of CTCs from the blood of metastatic breast cancer patients using the Parsortix system. Notes the analytical sensitivity and specificity of Angle's portrait flex assay for HER2 protein expression detection were both greater than 90%.

----------

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
24 Jun 2019 17:44

BATM Advanced Comms To Raise At Least GBP12 Million In Share Placing

(Alliance News) - BATM Advanced Communications Ltd said after the market close Monday it intends to raise at least USD15 million - or GBP11.8 million - through a discounted share placing at 42.5 a

Read more
17 Jun 2019 12:07

BATM Advanced Communications Develops Faster Processing Network

(Alliance News) - Networking and medical technology firm BATM Advanced Communications Ltd said Monday it has developed a new technology with long-term partner NXP Semiconductors NV.BATM the

Read more
17 Jun 2019 11:03

BATM launches new network technology in partnership with NXP Semiconductors

(Sharecast News) - Real-time networking and medical laboratory systems provider BATM Advanced Communications has developed a new technology under its long-standing partnership with NXP Semiconductors, to enable a "significant increase" in network traffic without requiring an increase in computing power when licensing its 'NFVTime' product on certain NXP processors built on ARM core technology, it announced on Monday.

Read more
10 Jun 2019 11:54

BATM Advanced Unit Signs Virtual Networking Partnership With Clavister

LONDON (Alliance News) - BATM Advanced Communications Ltd on Monday said its subsidiary Telco Systems has agreed to run its virtualised platform, optimised for Arm-based infrastructure products, a

Read more
16 Apr 2019 12:06

BATM Advanced Communications Signs Maiden Dual-Service Contract

LONDON (Alliance News) - Networking and medical technology firm BATM Advanced Communications Ltd has signed a new contract with an unnamed armed forces, it said Tuesday.BATM's USD2 is a

Read more
6 Mar 2019 11:06

BATM Advanced 2019 Earnings To Beat Forecasts After 2018 Profit Down

LONDON (Alliance News) - BATM Advanced Communications Ltd on Wednesday said it expects its earnings to be ahead of market expectations in 2019 despite a 68% fall in profit in 2018.The of a

Read more
6 Mar 2019 08:30

BATM anticipates beating market expectations in 2019

(Sharecast News) - BATM Advanced Communications' shares climbed on Wednesday after stating that it anticipates achieving revenue and earnings growth "ahead of market expectations" for 2019 following strong annual revenue growth the year before.

Read more
28 Jan 2019 10:46

BATM confirms $30m funding agreement for Ador venture

(Sharecast News) - Networking and medical laboratory technologies provider BATM Advanced Communications has signed a conditional subscription and shareholders' agreement for an investment of up to $30m, it announced on Monday, to provide additional funds for the commercialisation of the molecular biology-based solutions being developed by Ador Diagnostics - its joint venture with Gamida for Life.

Read more
16 Jan 2019 11:52

BATM Upgrades Carrier Ethernet Network For Kenya Education Network

LONDON (Alliance News) - Real time technologies provider BATM Advanced Communications Ltd on Wednesday said it has completed an upgrade of the Carrier Ethernet Network of Kenya Education Network

Read more
19 Nov 2018 16:19

UK Shareholder Meetings Calendar - Next 7 Days

Tuesday 20 November Pan African ResourcesCap-XXPhysiomicsWednesday 21 22

Read more
5 Nov 2018 12:38

BATM Advanced Communications Appoints Two External Directors

LONDON (Alliance News) - Technology company BATM Advanced Communications Ltd on Monday proposed the appointment of two new external directors.On November 28, the company will hold its at be

Read more
28 Aug 2018 11:02

BATM Advanced Loss Narrows In First-Half On Higher Product Sales

LONDON (Alliance News) - BATM Advanced Communications Ltd on Tuesday expressed confidence for the reminder of 2018 after its loss narrowed in the first-half.The real-time technologies said

Read more
8 Aug 2018 12:33

BATM Advanced To Sell Fibre-Optic Consortium Stake To Cellcom (ALLISS)

LONDON (Alliance News) - BATM Advanced Communications Ltd said Wednesday it has agreed to sell its stake in a fibre-optic consortium building a network in Israel to Cellcom Israel has entered a of

Read more
30 May 2018 16:17

UK Shareholder Meetings Calendar - Next 7 Days

Thursday 31 MayBradyCard Factorye-TherapeuticsFaron 1 US Smaller Co IT (re right 4 by

Read more
6 Feb 2017 13:58

BATM to swallow up Zer Laboratories

(ShareCast News) - Networking and medical laboratory real-time technology supplier BATM Advanced Communications announced on Monday that it has entered into an agreement to purchase the entire issued share capital of Zer Laboratories for a consideration of ILS 2.75m payable in cash. The London-liste

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.