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Pin to quick picksGusbourne Share News (GUS)

Share Price Information for Gusbourne (GUS)

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Share Price: 59.50
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UK TRADING UPDATE SUMMARY: Novacyt Virus Test Orders At EUR135 Million

Tue, 02nd Jun 2020 12:57

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

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Novacyt SA - clinical diagnostics - Says sales of Covid-19 tests totalling EUR135 million at June 1, including EUR45 million already received and forward orders worth an additional EUR90 million. Novacyt says it is selling testing kits to more than 130 countries and wins Zimbabwe contract to supply 1.5 million tests.

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Concepta PLC - pregnancy testing and fertility tracking - Reports cost savings made as a result of manufacturing of myLotus fertility tracking product being outsourced. Says in early stages of commercial rollout of myLotus, but announces plans for digital campaign in June.

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Hemogenyx Pharmaceuticals PLC - blood disease treatment - Extends development deal with an unnamed global pharmaceutical company due to Covid-19. Partnership to develop CDX antibody candidate extended by three months to complete work.

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ValiRx PLC - cancer treatment - To work with Oncolytika Ltd and Black Cat Bio Ltd to explore use of VAL201 in a combination treatment for severe SARS-Cov2 sufferers. ValiRx cautions no guarantee collaboration will result in licensing income.

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PureTech Health PLC - biotherapeutics - Says founding entity Gelasis receives approval to market Plenity weight loss treatment in Europe.

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Braveheart Investment Group PLC - investment company - Says 80% owned Kirkstall Ltd partnering with Animal Free Research UK, researchers awarding grants to scientists who use techniques to replace use of animals in trials. Says Animal Free Research panel awards outlines projects that will use Kirkstall's Quasi Vivo system in Covid-19 research.

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Witan Investment Trust PLC - investor - Says performance so far in 2020 hurt by Covid-19 volatility, with total return at negative 17%, underperforming benchmark which gained 5%. Says UK stocks particularly hit, losing 19% in the period to end of May.

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Rambler Metals & Mining PLC - copper and gold producer - Enters into short-term financing agreement with Aether Real Assets Co Investment for GBP1.0 million unsecured loan carrying 10% annual interest, maturing October 5.

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Volga Gas PLC - oil and has exploration and production - Says average May production came in an 3,372 barrels of oil equivalent per day, up 45% month-on-month. Adds average price hurt by devaluation of Russian ruble and wider oil price drop.

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Ascent Resources PLC - natural resources - Says Slovenian environmental agency has announced Ascent's joint-venture partner Geoenergo doo needs impact assessment before working on PG-10 and PG-11A wells.

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Clipper Logistics PLC - logistics - Expects to report full-year earnings before interest, taxes and amortisation of roughly GBP24.0 million, a 19% rise. Reports boosted levels of activity from new and existing customers following initial Covid-19 disruption. Expects EBITA in financial 2021 to beat company-compiled consensus of GBP25.8 million.

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Hargreaves Services PLC - industrial and property services - To halt all coal mining operations by July 2020, but will incur GBP3.7 million exceptional cost for year ended May 31, 2020 as a result. Says no material disruption from Covid-19 besides in Property business, where work at a residential site near Edinburgh was suspended.

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Quartix Holdings PLC - vehicle tracking - Says trading during the four months to April 30 was stronger year-on-year. Does report however that new fleet installations fell 60% year-on-year in April and 25% annually in May, despite slight rebound as lockdowns eased. Says no material impact on subscription base as a result of Covid-19. Adds pandemic is unlikely to have material impact on profit and cash flow for first half of 2020.

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Zotefoams PLC - foam products maker - Maintained operations in April and May, despite challenging demand conditions. Expects trading in the second quarter to be in line with board expectations and forecasts stronger second half.

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Water Intelligence PLC - water leak detection - Reacquires San Jose, California franchise to sit within American Leak Detection subsidiary. Allows company to have corporate base in Silicon Valley, offering chance to build on "strong" research and development relationships.

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Gusbourne PLC - sparkling wine maker - Says 2020 started strongly but distribution channels hit by Covid-19 since March, though online demand has increased. Winery and vineyards continued production through lockdown, but company has furloughed staff, particularly in sales team. Enters into GBP10.5 million facility with lender PNC Financial Services UK Ltd. Gusbourne says new agreement will refinance existing debts.

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Blancco Technology Group PLC - data erasure - Enters in master service agreement to provide Aon Group Co with device diagnostics technology.

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Gaming Realms PLC - mobile games - Says licensing revenue continued to grow, surging 80% year-on-year between April and May. Adds revenue helped by new licensing partners like 888casino.com, Sky Betting & Gaming and Draft Kings. Expects earnings before interest, taxes, depreciation and amortisation for 2020 to be significantly ahead of market expectations.

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WANdisco PLC - Data and AI - Says it has secured reseller agreement with "large global systems integrator". Reports customer will have access to WANdisco's suite of solutions.

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Boku Inc - mobile payments platform - Reports identity services now available in more than 50 countries.

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Toople PLC - telecoms - Reports recently-acquired subsidiary Direct Market Services Ltd wins pact to provide IT services to Carluccio's restaurant group.

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Iconic Labs PLC - media business - To issue 500.0 million new shares under first tranche of convertible bonds agreement with lender.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
4 Jun 2018 12:28

Gusbourne Reports Successful 2017 Ahead Of Coming Equity Raise

LONDON (Alliance News) - Winemaker Gusbourne PLC on Monday reported a strong increase in revenue in what it described as "another" successful year of growth and development.For to

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31 May 2018 17:50

Gusbourne To Raise Capital Via Equity Issue, Secures GBP1 Million Loan (ALLISS)

LONDON (Alliance News) - Wine maker Gusbourne PLC said Thursday that it will undertake an equity raise in the coming months through a subscription of new ordinary shares from Lord Ashcroft KCMG PC

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26 Oct 2016 11:54

Gusbourne announces senior appointments

(ShareCast News) - Wine producer Gusbourne announced a series of management changes on Wednesday that come into effect immediately. Charlie Holland, who has been head of wine making at the group for over three years, has joined the board as chief winemaker and chief executive officer. He will remain

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20 Jun 2016 12:38

Gusbourne CEO Ben Walgate resigns

(ShareCast News) - AIM-listed Gusbourne announced the resignation of Ben Walgate as director and chief executive officer after nearly four years with the wine producer. The group said Walgate has decided to leave to pursue other interests. Founder and chairman Andrew Weeber will assume an executive

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20 Jun 2016 11:07

Gusborne CEO Walgate Resigns, Weeber To Be Interim Exec Chairman

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13 Jun 2016 15:02

UK Shareholder Meetings Calendar - Next 7 Days

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19 May 2016 09:29

Gusbourne Annual Loss Widens On Costs But Revenue Shows Some Fizz

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3 Nov 2015 08:14

Gusbourne Says Excellent Grape Harvest Makes Way For Sweet 2015

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30 Sep 2015 13:32

Gusborne Loss Widens In First Half On Investments

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24 Jul 2015 08:50

Winemaker Gusbourne Raises GBP367,874 In Share Placing (ALLISS)

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16 Jun 2015 09:09

Winemaker Gusbourne Raises GBP2.5 Million In Open Offer (ALLISS)

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28 May 2015 10:53

Gusbourne to raise £3.75m in open offer

Gusbourne, which makes sparkling wine, said on Thursday that it plans to raise £3.57m through an open offer of 7.1m shares at 50p each, with a basic entitlement of two new shares for every five existing shares. The company said that its controlling shareholder Lord Ashcroft will participate in the o

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28 May 2015 09:03

Gusbourne To Raise GBP3.57 Million Via Open Offer Of Shares (ALLISS)

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29 Apr 2015 10:21

Gusbourne Loss Widens As It Continues To Invest In Growing

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6 Nov 2014 09:50

Gusbourne Raises GBP1.8 Million In Share Placing (ALLISS)

Read more

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