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UK TRADING UPDATE SUMMARY: Catenae Readies "Covid-19 Passport"

Mon, 18th May 2020 10:51

(Alliance News) - The following is a round-up of updates by London-listed companies on the impact of the Covid-19 pandemic, issued on Monday and not separately reported by Alliance News:

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Catenae Innovations PLC - Digital media - Started trialling and finalisation of Cov-ID app, which will record Covid-19 tests, both antigen and antibody tests. This will allow people to share their status - unexposed, active or recovered. In other words, a "Covid-19 passport".

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Sylvania Platinum Ltd - Platinum group metals production - Sylvania Dump Operations started at scaled-down levels on May 1. Now all six operations are now running, albeit at reduced but stable throughput, and it has started to dispatch PGM concentrate.

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Alliance Pharma PLC - Healthcare - Majority of employees now working from home with minimal operational disruption. Shanghai office fully operational from early April. Reported impact on year-to-date revenue due to Covid-19 but has started to see a return in consumer confidence starting in key market China.

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Inland Homes PLC - Brownfield housebuilding - To reopen sales and marketing suites from May 22 onwards, albeit in line with health protocols and social distancing guidelines. Expects to see sustained demand and housing shortages in south and south east of England.

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e-Therapeutics PLC - Drug discovery - Initiates experimental testing on first set of compounds for treatment of Covid-19 identified using network-driven drug discovery platform. Company to work with WuXi AppTec to perform studies.

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Open Orphan PLC - CRO pharmaceutical services - Confirmed that MasiQ Covid-19 antibody microarray machine is on site at hVIVO laboratory in east London and is undergoing testing. Expected to be fully operational within two weeks following which it will have capability to undertake up to 3,000 tests a day. Will enter discussions with channel partners to secure testing volumes and determine pricing.

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eEnergy Group PLC - energy-efficiency-as-a-service - Launches Covid-19 specialist sanitation service for schools in UK and Ireland. Will offer service alongside provision of LED lighting for fixed monthly service fee.

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By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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Catenae Innovations Calls For General Meeting To Raise Funds

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