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Pin to quick picksHarland & Wolff Share News (HARL)

Share Price Information for Harland & Wolff (HARL)

London Stock Exchange
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Share Price: 9.60
Bid: 9.20
Ask: 10.00
Change: -0.10 (-1.03%)
Spread: 0.80 (8.696%)
Open: 9.75
High: 9.65
Low: 8.75
Prev. Close: 9.75
HARL Live PriceLast checked at -

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AIM WINNERS & LOSERS: Harland & Wolff rises as loan talks progress

Fri, 29th Dec 2023 10:45

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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AIM - WINNERS

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Harland & Wolff Group Holdings PLC, up 18% at 13.54 pence, 12-month range 8.5p-25.5p. The maritime and offshore fabrication company receives ministerial approval for a new credit facility with UK Export Finance. Will now advance negotiations in relation to a GBP200 million credit facility with the UK government's export credit agency under its Export Development Guarantee Scheme. The firm will firm up its bank syndicate and appoint a leader arranger, and begin necessary documentation.

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AIM - LOSERS

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Horizonte Minerals PLC, down 9.6% at 11.75p, 12-month range 7.53p-172p. The nickel mine development company returns gains from earlier this week. On Wednesday, it announced it had secured a USD20 million interim funding package, which will be used to progress "critical construction streams" at its flagship Araguaia nickel project in Brazil, as well as for general working capital purposes. The stock is up 46% over the past week, but down 92% over the past year.

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Saietta Group PLC, down 3.1% at 17.45p, 12-month range 16.00p-78.00p. The e-Drive system maker reports a "challenging" first half of its financial year, but notes "significant strides" have been made towards its transition to a full-scale production manufacturer from a research & development company. In the six months to September 30, revenue rises to GBP977,229 from GBP753,517 a year before, while its pretax loss narrows to GBP7.9 million from GBP9.4 million. "Saietta and its Indian [joint venture], Saietta VNA, have secured high volume [original equipment manufacturer] relationships in India and the US which are set to utilise the production capacity they have developed in Delhi and Sunderland. The group is therefore ready to enter the next stage of its evolution as a large-scale manufacturer," the firm says.

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By Elizabeth Winter, Alliance News deputy news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
9 Nov 2022 13:09

Harland & Wolff enters term sheet to refinance credit lines

(Sharecast News) - Strategic infrastructure and physical asset management specialist Harland & Wolff has entered into an exclusive term sheet with Astra Asset Management UK, it announced on Wednesday, for the proposed refinancing of its credit lines.

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7 Nov 2022 11:43

IN BRIEF: Harland & Wolff Group Islandmagee court hearing delayed

Harland & Wolff Group Holdings PLC - London-based offshore construction company - Says court has delayed its hearing for its Northern Island-based Islandmagee gas storage project, so all affidavits could be submitted in "good order". An affidavit is a sworn written statement used in legal proceedings.

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27 Oct 2022 21:41

CORRECT: Nanoco files suit; Harland & Wolff activates facility

(Correcting name of Bluejay Mining director who resigned.)

Read more
26 Oct 2022 21:14

TRADING UPDATES: Nanoco files suit; Harland & Wolff activates facility

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

Read more
30 Sep 2022 17:32

EARNINGS UPDATES: Harland & Wolff interim revenue climbs

(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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23 Aug 2022 08:48

IN BRIEF: Harland & Wolff's Arnish wins export deal with mining firm

Harland & Wolff Group Holdings PLC - London-based offshore construction company - Says its Arnish yard has won an export contract with unnamed Greenland-based mining company. Says work will involve fabricating four ground anchor frames and A-space frames, along with other steel components. Harland & Wolff says these frame components will "make up part of the barge mooring system located at the Greenland based mine and will allow the barges to moor at the quayside."

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16 Aug 2022 15:17

Harland & Wolff maintains guidance, looks to strong growth

(Sharecast News) - Harland & Wolff maintained its guidance for the current year on Tuesday, having won three material contracts in quick succession, being the first phase of Cory at £8.5m, the second phase at £9.6m, and the M55 regeneration programme at £55m.

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16 Aug 2022 15:17

Harland & Wolff maintains guidance, looks to strong growth

(Sharecast News) - Harland & Wolff maintained its guidance for the current year on Tuesday, having won three material contracts in quick succession, being the first phase of Cory at £8.5m, the second phase at £9.6m, and the M55 regeneration programme at £55m.

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16 Aug 2022 10:42

Harland & Wolff "remains comfortable" with financial 2022 guidance

(Alliance News) - Harland & Wolff Group Holdings PLC on Tuesday said it "remains comfortable" with market guidance for financial year 2022 and outlined its plans for the next two years.

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19 Jul 2022 11:15

Harland & Wolff wins second contract with Cory worth GBP9.6 million

(Alliance News) - Harland & Wolff Group Holdings PLC on Tuesday said it has won an additional contract with Cory Group for the fabrication of 12 barges.

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13 Jul 2022 13:04

Harland & Wolff wins £55m defence contract

(Sharecast News) - Maritime infrastructure company Harland & Wolff Group has been awarded the M55 regeneration programme contract by the Ministry of Defence, it announced on Wednesday, on behalf of the Lithuanian Defence Materiel Agency (DMA) after a competitive bid process.

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13 Jul 2022 12:05

LONDON MARKET MIDDAY: Markets uneasy ahead of US inflation data

(Alliance News) - European stocks stumbled into the afternoon in negative territory on Wednesday, with equities showing signs of discomfort ahead of a US inflation print later.

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13 Jul 2022 11:22

Harland & Wolff shares surge on GBP55 million defence contract win

(Alliance News) - Harland & Wolff Group Holdings PLC on Wednesday said it is delivering a vessel to the Lithuanian Navy after winning a contract from the UK's defence equipment sales authority, part of the Ministry of Defence.

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29 Jun 2022 21:29

TRADING UPDATES: Aquila closes acquisition; Mila's "impressive" assays

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

Read more
17 Jun 2022 15:55

UPDATE: Strike action called off at Harland & Wolff's Methil facility

(Alliance News) - Harland & Wolff Group Holdings PLC on Friday said that strike action at its Methil facility has been called off.

Read more

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