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Pin to quick picksGstechnologies Share News (GST)

Share Price Information for Gstechnologies (GST)

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Share Price: 0.94
Bid: 0.93
Ask: 0.95
Change: -0.025 (-2.59%)
Spread: 0.02 (2.151%)
Open: 0.965
High: 0.965
Low: 0.925
Prev. Close: 0.965
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TRADING UPDATES: VH Global enters Brazil with USD63 million funding

Fri, 28th May 2021 18:01

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

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GSTechnologies Ltd - Milton Keynes, England-based wireless, electronic cabling and security solutions for infrastructure development customers - Announces collaboration with Singaporean blockchain payment solution provider Wise MPay Pte Ltd. Makes collaboration with a view to Wise MPay providing the company with software and services to facilitate the its plans to develop new higher-growth synergistic business areas focussed on blockchain technology. Plans to launch a borderless neobanking platform providing next-generation digital money solutions. The company's neobanking platform will be named GS Money.

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Real Good Food PLC - Liverpool-based food producer - Says Ingredients Ltd, Omnicane International Investors Ltd, and certain funds managed by Downing LLP have each agreed to contribute GBP180,000 towards the costs incurred by the group in relation to the disposal of Brighter Foods Ltd, announced in April. The total contribution of GBP540,000 will be done via a waiver of outstanding loan notes held by the various shareholders.

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San Leon Energy PLC - oil and gas exploration and production in Nigeria - Says subsidiary Decklar Petroleum Ltd makes "considerable progress" at Oza-1 well re-entry at the Oza oil field in Nigeria. "The major components of the drilling rig equipment are being transported to the field this week and it is anticipated the rig will be completely moved, installed and rigged-up within two weeks. Decklar will then commence the Oza-1 well re-entry operational activities including the initial work of pulling out the existing tubing, running a cement bond log and cased hole reservoir logs," says company.

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Panthera Resources PLC - gold exploration and development company focused on west Africa and India - Says the reverse circulation drill rig has arrived on site at the Labola project in Burkina Faso and the planned 5,000 metre drilling programme has started.

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Kape Technologies PLC - Isle of Man-headquartered digital security software provider - Announces new debt facility. Enters into an agreement with its existing bank syndicate of Bank of Ireland, Barclays Bank PLC and Citi Commercial Bank, as well as three new banks being Citizens Bank, BNP Paribas and Leumi Bank for the facility. Banks to provide new senior secured bank facilities of up to USD220 million. New facility has a three-year term with an option to extend by up to an additional two years. "We continue to remain acutely focused on growing our market reach and creating value for all our stakeholders," says Chief Financial Officer Moran Laufer.

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VH Global Sustainable Energy Opportunities PLC - sustainable energy investment company - Commits USD63 million to fund the construction of 18 remote distributed solar generation projects across ten Brazilian states with a total capacity of 75MW. "As promised to investors, this funding commitment marks the beginning of a very exciting journey for the company in Brazil, where we can support real and lasting improvements in the country's energy infrastructure," says company.

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Agronomics Ltd - Isle of Man-based alternative proteins company - Annoucnes that portfolio company CellX Limited has completed its seed financing round. Agronomics invested USD50,000 in CellX in December last year.

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FastForward Innovations Ltd - investor in life sciences and technology businesses particularly within the medical cannabis field - Says investee Little Green Pharma Ltd announced an additional AUD2.5 million, about GBP1.4 million, purchase order for LGP's high THC cannabis flower medicine from German pharmaceutical wholesaler Deutsche Medizinalcannabis GmbH.

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HeiQ PLC - Zurich-based textiles technology firm - Announces sustainable textile finishing partnership with Alchemie Technology, a firm specialised in smart dyeing technology. Says it will enable HeiQ customers to add its high performance technologies to textiles at significantly lower cost and in a much more environmentally friendly way. Says it will roll out its digital multifunction finishing solution, NOVARA, to the global textile market in the third quarter of this year.

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Savannah Energy PLC - Niger and Nigeria-focused energy firm - Swings to pretax profit in 2020 of USD10.9 million from USD105.4 million loss in 2019. Reports revenue of USD169.0 million, soaring form USD17.8 million. "2020 represented our first full year of ownership since the completion of the acquisition of our Nigerian assets and our financial results show just how transformational the acquisition has been for Savannah. Against a challenging backdrop, we recorded a robust financial and operating performance. We beat all of our original financial guidance metrics," says CEO Andrew Knott.

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Altus Strategies PLC - Africa-focused mining royalty company - Expands activities into Egypt as it gets four gold exploration licences. Nets three new copper and silver exploration projects in Morocco. Reports completion of strategic review of Bikoula iron project.

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By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
18 Jul 2022 12:05

IN BRIEF: GSTechnologies sells subsidiary EMS to its chair Raphael Teo

GSTechnologies Ltd - Milton Keynes, England-based fintech and information technology company - Enters into a binding agreement to sell its subsidiary EMS Wiring Systems Pte Ltd to EMS's chair, Teo Chiah Chiu Raphael. The consideration payable by Raphael Teo comprises the return of 60.0 million GST shares. At last Friday's closing mid-price of 1.09 pence per share, the consideration shares are valued at GBP654,000 and represent roughly 3.9% of its share capital. Explains that the disposal will enable it to remove a loss-making, non-cores subsidiary and to focus its efforts on building a blockchain-enabled neo-banking business.

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8 Mar 2022 21:21

IN BRIEF: GSTechnologies completes acquisition of Angra

GSTechnologies Ltd - Milton Keynes, England-based fintech and information technology company - Completes acquisition of UK-based foreign exchange and payment services firm Angra Ltd, following approval from the UK Financial Conduct Authority in mid-February.

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18 Feb 2022 12:28

GSTechnologies rises after FCA approves change of control for Angra

(Alliance News) - GSTechnologies Ltd shares surged on Friday after it said that the UK Financial Conduct Authority approved the change of control of Angra Ltd, allowing the firm to complete its GBP800,000 acquisition.

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20 Jan 2022 21:13

TRADING UPDATES: GSTechnologies buys crypto exchange; Altus realigns

TRADING UPDATES: GSTechnologies buys crypto exchange; Altus realigns

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11 Jan 2022 14:20

IN BRIEF: GSTechnologies raises GBP1.3 million in share placing

IN BRIEF: GSTechnologies raises GBP1.3 million in share placing

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21 Dec 2021 20:21

TRADING UPDATES: GSTechnologies loss widens; DX Group launches review

TRADING UPDATES: GSTechnologies loss widens; DX Group launches review

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19 Nov 2021 09:38

GSTechnologies to raise GBP1 million for blockchain strategy

GSTechnologies to raise GBP1 million for blockchain strategy

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1 Nov 2021 12:09

TRADING UPDATES: IXICO, Spectra and Actual Experience win deals

TRADING UPDATES: IXICO, Spectra and Actual Experience win deals

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20 Oct 2021 10:07

EXECUTIVE CHANGES: PageGroup chair swaps to Diploma; Anglo board moves

EXECUTIVE CHANGES: PageGroup chair swaps to Diploma; Anglo board moves

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12 Oct 2021 11:07

SMALL-CAP WINNERS & LOSERS: Carr's CEO departs after short stint

SMALL-CAP WINNERS & LOSERS: Carr's CEO departs after short stint

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12 Oct 2021 10:58

GSTechnologies shares surge on CEO appointment

(Sharecast News) - Financial technology company GSTechnologies announced the appointment of its existing executive director Bai GuoJin, or 'Jack Bai', as its new chief executive officer on Tuesday, with immediate effect.

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12 Oct 2021 10:50

IN BRIEF: GSTechnologies taps Wise MPay co-founder Jack Bai as CEO

IN BRIEF: GSTechnologies taps Wise MPay co-founder Jack Bai as CEO

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5 Oct 2021 14:31

GSTechnologies conditionally agrees buy of FCA regulated company

GSTechnologies conditionally agrees buy of FCA regulated company

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6 Sep 2021 14:40

IN BRIEF: GSTechnologies unveils GBP1.4 million share placing

IN BRIEF: GSTechnologies unveils GBP1.4 million share placing

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30 Jul 2021 16:06

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

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