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Pin to quick picksCreo Medical Share News (CREO)

Share Price Information for Creo Medical (CREO)

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Share Price: 35.25
Bid: 35.00
Ask: 35.50
Change: -0.50 (-1.40%)
Spread: 0.50 (1.429%)
Open: 35.75
High: 35.75
Low: 35.25
Prev. Close: 35.75
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IN BRIEF: Creo Medical makes first earn-out payment for Albyn

Wed, 16th Mar 2022 12:21

Creo Medical Group PLC - Chepstow, Wales-based medical device company - Confirms that it paid the first instalment of the EUR1.7 million earn-out payment for Albyn in cash. Adds that it also bought half of the remaining 10% of Albyn's missed share capital for EUR1.2 million.

Creo bought Albyn in July for an equity value of EUR24.8 million and up to EUR2.7 million of performance-related payments payable over two years. It acquired 90% of Albyn's issued share capital, with the remaining 10% to be acquired over the next two years for an amount calculated against performance targets.

Notes that the acquisition has increased its revenue year-on-year.

Current stock price: 120.50 pence

12-month change: down 46%

By Abby Amoakuh; abbyamoakuh@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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5 Sep 2023 15:47

UK earnings, trading statements calendar - next 7 days

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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16 Aug 2023 12:11

Creo Medical says NHS hospital uptake for service "fastest time" ever

(Alliance News) - Creo Medical Group PLC on Wednesday said the Royal Oldham hospital in Greater Manchester has now treated over 40 patients with two of Creo Medical's technologies.

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3 Aug 2023 10:48

Creo Medical expects "considerable strides" as half year revenue rises

(Alliance News) - Creo Medical PLC said it expects to report a boost in revenue and a decrease in its administrative expenses in its half year.

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27 Jun 2023 20:08

TRADING UPDATES: Creo Medical sees growing demand for products

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26 Jun 2023 10:51

Creo Medical reports first use of Speedboat Inject procedure in Europe

(Alliance News) - Creo Medical Group PLC on Monday said the first upper gastrointestinal tract using the Speedboat Inject procedure has been completed in Europe since its clearance last week.

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26 Jun 2023 10:35

Creo Medical's 'Speedboat Inject' used for first time in Europe

(Sharecast News) - Surgical endoscopy specialist Creo Medical announced on Monday that Dr Adolfo Parra-Blanco at Nottingham University Hospital NHS Trust had become the first clinician to perform an upper gastrointestinal (GI) tract 'Speedboat Inject' case in Europe, since clearance was gained last week.

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26 Jun 2023 10:06

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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19 Jun 2023 10:48

IN BRIEF: Creo Medical Speedboat Inject cleared for use in Europe

Creo Medical Group PLC - Chepstow, Wales-based medical device company focused on surgical endoscopy - Says its Speedboat Inject endoscopy product has been cleared for use in the entire gastrointestinal tract within European markets. Speedboat Inject is already cleared for full use in the gastrointestinal tract for the cutting and coagulation of soft tissue using radio frequency and microwave energy in the US and Asia Pacific regions. It is used for the prevention and treatment of bowel cancer. Adds it already has a "healthy pipeline" of clinicians ready to use the Speedboat Inject device for upper gastrointestinal procedures across Europe, with demonstrations, training and procedures already planned.

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1 Jun 2023 15:14

Creo's Speedboat Inject to be evaluated by NICE

(Sharecast News) - Surgical endoscopy specialist Creo Medical Group announced on Thursday that its 'Speedboat Inject' product had been chosen by the National Institute for Health and Care Excellence (NICE) for further evaluation and guidance in the endoscopic submucosal dissection (ESD) of lower gastrointestinal (GI) lesions.

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1 Jun 2023 12:01

UK NICE selects Creo Medical's Speedboat Inject product for assessment

(Alliance News) - Creo Medical Group PLC on Thursday said the National Institute for Health & Care Excellence in the UK has selected its Speedboat Inject product for assessment.

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23 May 2023 09:53

Creo Medical hails first in-human milestone for lung tumour device

(Alliance News) - Creo Medical Group PLC on Tuesday said that it has reached its first in-human milestone for MicroBlate Flex, as part of a Lung Tissue ablation clinical study.

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17 May 2023 14:40

IN BRIEF: Creo endoscopy devices picked by NHS England hospital

Creo Medical Group PLC - Chepstow, Wales-based medical device company specialising in surgical endoscopy - Reports Royal Oldham Hospital has become latest NHS England hospital to utilise Speedboat Inject endoscopy device to prevent and treat bowel cancer. The hospital has also taken delivery of multiple CROMA Advanced Energy platform endoscope products and put in place weekly lists for multiple Speedboat Submucosal Dissection equipment.

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26 Apr 2023 14:43

EARNINGS SUMMARY: Third Point Investors NAV per share drops by quarter

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

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