Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHarland & Wolff Share News (HARL)

Share Price Information for Harland & Wolff (HARL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 9.125
Bid: 9.00
Ask: 9.25
Change: -0.025 (-0.27%)
Spread: 0.25 (2.778%)
Open: 9.15
High: 9.25
Low: 8.875
Prev. Close: 9.15
HARL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Harland & Wolff up on vessel contract upgrade

Fri, 20th Oct 2023 10:15

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

----------

AIM - WINNERS

----------

Harland & Wolff Group Holdings PLC, up 13% at 12.75p, 12-month range 5.56p-29.00p. The London-based fabrication company, which serves the maritime and offshore industries from yards in England, Northern Ireland and Scotland, says it has been awarded a mid-life upgrade contract for the SeaRose floating production storage and offloading vessel by Cenovus Energy Inc. Harland & Wolff says the contract awarded to its Harland & Wolff (Belfast) arm is valued at around GBP61 million, with the vessel expected to arrive in the first quarter of 2024 and will be in the building dock for a period of more than three months. The contract follows the letter of intent announced at the end of July. Cenovus Energy is an oil and natural gas company headquartered in Calgary, Canada.

----------

Good Energy Group PLC, up 7.8% at 235p, 12-month range 143.50p-244.18p. The Wiltshire, England-based supplier of 100% renewable power and an innovator in energy services says its chief operating officer, Fran Woodward, has been appointed as director, effective immediately. Woodward has been at the company for the last nine years, and has been COO since December 2020. Chair Will Whitehorn comments: "Fran has been a leader in Good Energy for nearly 10 years. With her experience spanning everything from HR to sales to operations and risk management her knowledge of the company is unparalleled. She has played a vital role in helping drive the company's strategy as well as its positive working culture, making her a very welcome addition to the board."

----------

AIM - LOSERS

----------

Ethernity Networks Ltd, down 35% at 0.25p, 12-month range 0.25p-0.39p. The Airport City, Israel-based supplier of data processing semiconductor technology for networking appliances receives a settlement notice for USD90,000 from 5G Innovation Leaders Fund LLC pursuant to share subscription agreement announced in late February. It says 5G Innovation is entitled to issue settlement notices under the agreement despite notifying Ethernity of an event of default and despite Ethernity's ongoing temporary suspension of proceedings. A court in the Israeli city of Lod granted the suspension order on Monday last week, and a settlement manager was appointed to review Ethernity's short-term budget. Ethernity has issued and allotted 37.1 million new shares of NIS0.001 each to 5G Innovations at 0.2 pence each. The remaining outstanding balance under the subscription agreement is USD1.2 million, approximately GBP1.0 million.

----------

By Greg Rosenvinge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
Today 11:15

IN BRIEF: Harland & Wolff suffers legal setback to gas storage project

Harland & Wolff Group Holdings PLC - London-based operator of shipyards in Belfast and Scotland and developer of Islandmagee gas storage project - Notes on Monday that the Appeals Court of Northern Ireland has decided against the UK Department of Agriculture, Environment & Rural Affairs in the judicial review of the government's approval of a marine licence for Harland & Wolff's Islandmagee gas storage project. The licence grant in 2021 was challenged in 2022 by a group called No Gas Caverns Ltd. Harland & Wolff said of the latest court decision it "understands that matters including environmental studies, impacts in which the company has been directly involved, has faced up successfully to legal challenge".

Read more
7 Jun 2024 20:12

IN BRIEF: Harland & Wolff expects Islandmagee judgement shortly

Harland & Wolff Group Holdings PLC - London-based fabrication company which serves the maritime and offshore industries - Reports that the appeal in relation to the Islandmagee Gas Storage Project has been listed for judgement on June 17. Plans to make further announcement once the judgement has been delivered and analysed in detail.

Read more
15 May 2024 20:26

Harland & Wolff moves to reassure investors after "misleading" article

(Alliance News) - Harland & Wolff Group Holdings PLC on Wednesday moved to reassure investors as it responded to what it considers to be a "misleading and inaccurate article published in the Times" on Wednesday.

Read more
6 Mar 2024 14:12

Harland & Wolff enters five-year deal with global oil company

(Sharecast News) - Harland & Wolff Group announced a major new partnership on Wednesday, having signed a five-year master services agreement with an unnamed global oil services company.

Read more
6 Mar 2024 13:57

Harland & Wolff inks GBP3 million subsea contract with oil firm

(Alliance News) - Harland & Wolff Group Holdings PLC on Wednesday said that it has signed a master services agreement with a global oil services company for the fabrication of large structures.

Read more
5 Mar 2024 17:09

EARNINGS AND TRADING: Harland & Wolff wins major Falklands contract

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

Read more
29 Dec 2023 13:15

Harland & Wolff gets go-ahead to negotiate £200m loan facility

(Sharecast News) - Harland & Wolff Group has received permission from ministers to proceed with negotiations for a proposed £200m guaranteed loan facility with UK Export Finance (UKEF) under the Export Development Guarantee Scheme, it announced on Friday.

Read more
29 Dec 2023 12:45

London close: Stocks mixed after short New Year session

(Sharecast News) - London markets had a mixed performance in a shortened pre-holiday trading session on Friday.

Read more
29 Dec 2023 10:45

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

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

Read more
29 Dec 2023 10:14

Harland & Wolff gets approval for UKEF GBP200 million credit facility

(Alliance News) - Harland & Wolff Group Holdings PLC on Friday said it had received ministerial approval for a new credit facility with UK Export Finance.

Read more
21 Dec 2023 16:34

Harland & Wollf rules out move for Isles of Scilly shipping operator

(Alliance News) - Harland & Wolff Group Holdings PLC on Thursday said it would not bid for Isles of Scilly Steamship Company Ltd.

Read more
30 Nov 2023 16:45

Harland & Wolff says accounting change could see some revenue deferred

(Alliance News) - Shares in Harland & Wolff Group Holdings PLC on Thursday fell after it warned a different approach to revenue recognition could see some revenue being deferred to a later financial period.

Read more
24 Nov 2023 11:38

Harland & Wolff confirms approach to buy Isles of Scilly Steamship

(Alliance News) - Harland & Wolff Group Holdings PLC on Friday confirmed it made an indicative and preliminary takeover approach for Isles of Scilly Steamship Co Ltd, which the latter rejected on Thursday.

Read more
24 Nov 2023 07:50

LONDON BRIEFING: L&G agrees GBP4.8b buy-in for Boots Pension Scheme

(Alliance News) - Stocks in London are expected to open in the red on Friday, with trading volumes likely to be lighter given the Thanksgiving holiday period in the US.

Read more
23 Nov 2023 18:10

Isles of Scilly Steamship rejects takeover approach by Harland & Wolff

(Alliance News) - Isles of Scilly Steamship Co Ltd on Friday announced that it unequivocally rejected a preliminary approach from Harland & Wolff Group Holdings PLC.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.