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DDD Group Extends Loan Note Maturity Date By 12 Months

Tue, 26th Jan 2016 09:03

LONDON (Alliance News) - DDD Group PLC on Tuesday said it has agreed to a noteholder resolution to extend the maturity date of the July 2014 convertible unsecured loan notes for a further 12 months.

This means the date of maturity is now January 2017. All other terms of the loan notes including the interest rate and interest payment dates remain unchanged, DDD said.

Shares in DDD were untraded on Tuesday, last quoted at 1.50 pence.

By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews

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5 Sep 2011 11:58

New licence deal boosts DDD

Shares in DDD leapt out of the screen after the 2D to 3D image conversion specialist said it had signed a five year licence agreement with a "leading PC maker." The agreement is for DDD's TriDef software, which allows PC games to be played in 3D even though they haven't been specifically developed

2 Aug 2011 13:16

DDD is performing on track

DDD, the 3D solutions firm, is trading in line with expectations as it benefits from increased demand for 3D systems. The group expects first half revenues to be approximately $2.3m, up 138% (excluding discontinued operations) from the year before and up 121% from the second half of 2010. First h

13 Jul 2011 16:33

London close: Big gains after eventful day

Stocks finished with good gains at the end of an eventful day. A raft of updates sent shares in both directions in early dealings, but the main drama came later in the day when Rupert Murdoch's News Corporation withdrew its bid for satellite broadcaster BSkyB. Stocks were boosted in afternoon tradi

13 Jul 2011 12:34

DDD hopes 3D profits will leap out of mobile screens

DDD, the AIM-listed 3D solutions firm, has signed a contract with what it claims is a leading mobile phone manufacturer. The deal will see DDD's software, which automatically converts video from 2D to 3D, bundled into the manufacturer's forthcoming 3D phone, using the Android operating system. The

13 Jul 2011 12:12

London midday: Supergroup leads the climb

Stocks are heading in both directions following a raft of updates, but the overall direction is higher, with trendy fashion retailer SuperGroup the standout stock. SuperGroup, famous for the Superdry brand, said full-year underlying pre-tax profit soared by 89% to £50.2m, from £26.5m previously, su

6 Jun 2011 11:18

DDD expects 45% rise in Q1 revenue, shares rise strongly

DDD Group, the 3D solutions company, will this afternoon announce that first quarter revenues are expected to rise by 111%, to $975,000, versus the same period last year (excluding discontinued operations). In sequential terms the company estimates a 45% growth rate. The above thanks to a seemingl

18 Apr 2011 08:32

DDD turnover rises by 12%

3D consumer technology group DDD said turnover, excluding discontinued businesses, increased 12% to £1.298m in the year ended 31 December 2010. The Los Angeles based firm said loss from continuing operations before tax was £921,000 compared to a loss of £842,000 in 2009. Loss per share per share w

1 Mar 2011 16:43

London close: Shares in late dive as Mideast worries resurface

The spectre of higher oil prices sent a chill down traders' spines late in the afternoon, sending shares plummeting into the red. The turmoil in the Arab World is behind the spike in crude, with a barrel for April delivery rallying towards $100 in New York. Worries over the possibility of protests

1 Mar 2011 15:06

LG deal boosts DDD

Shares in 2D to 3D image conversion specialist DDD jumped after it announced an agreement to supply its technology for PCs made by the Korean electronics group LG. The two year license agreement allows LG to use DDD's TriDef 3D software in its 3D PC products. DDD's technology enables computer users

7 Feb 2011 16:40

London close: Good gains for FTSE 100

Shares held onto their gains after a decent start on Wall Street to close well in advance of 6,000 points. Gold miner Randgold Resources is wanted after it shrugged off operational and political setbacks in 2010 to post a sharp increase in profit, helped by the increase in the price of gold. Profi

7 Feb 2011 14:19

London afternoon: Gains pared

Leading shares saw gains trimmed over the lunch time session but the Footsie remains comfortably in positive territory, due in no small part to the strength of mining stocks, Gold miner Randgold Resources is wanted after it shrugged off operational and political setbacks in 2010 to post a sharp in

7 Feb 2011 09:03

DDD cheers rise of 3D technology

DDD, the 2D to 3D image conversion specialist, reported a sharp rise in shipments of TVs and PCs using its technology in the six months to 31 December. DDD, whose technology is used in Samsung televisions and Acer computers, said more than 2.5m units using its TriDef 2D to 3D conversion were shippe

13 Jan 2011 17:30

ENRC chairman sells 25% of his stake

Johannes Sittard, chairman and non-executive director of Kazakhstan-based mining giant Eurasian Natural Resources Corp (ENRC), has sold a quarter of his stake in the company to raise £1.68m. He offloaded 150,000 ordinary shares at 1,120p each, which leaves him 450,000 ordinary shares, equal to 0.03

22 Oct 2010 12:37

AMD deal lifts DDD

Shares in DDD rose sharply after the 3D software provider announced acollaboration with US tech group Advanced Micro Device (AMD) to supply 3D technology to PC equipment manufacturers. Through the partnership, AMD will supply DDD's TriDef software to power its Radeon HD 6000 family graphic processo

27 Sep 2010 07:48

DDD hit by order delay

DDD, which makes 3D technology software for TVs, PCs and mobile phones, narrowed losses in the half year to June 30, but slashed its revenue expectations for the current year due to an order delay. The company posted a pre-tax loss of £342,000 for the period, down from £448,000 the previous year, o

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