The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksInvinity Energy Share News (IES)

Share Price Information for Invinity Energy (IES)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 23.25
Bid: 23.00
Ask: 23.50
Change: 0.25 (1.08%)
Spread: 0.50 (2.174%)
Open: 23.25
High: 24.00
Low: 23.25
Prev. Close: 23.25
IES 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: Science Group reports record results in 2020

Tue, 09th Mar 2021 10:41

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

----------

AIM - WINNERS

----------

Westmount Energy Ltd, up 16% at 13.45 pence, 12-month range 11p-23p. Notes announcement by the Maritime Administration Department, Guyana, that the Stena Carron drillship will commence drilling operations at the Jabillo-1 wellsite on the Canje block on Wednesday. Westmount holds an indirect interest in the Canje block as a result of its 7.7% interest in JHI Associates Inc. The Canje Block is currently operated by an ExxonMobil subsidiary, Esso Exploration & Production Guyana, with Total, JHI and Mid-Atlantic Oil & Gas Inc as partners.

----------

Invinity Energy Systems PLC, up 8.1% at 148.13p, 12-month range 25p-245p. The storage battery manufacturing company says it continues to build on record 2020 orders of 18.6 megawatt hours. Says pipeline 143.7 megawatt hours, up 18% from November. "Our timing is good from a macro perspective; our core markets of the UK, the United States and Australia are all accelerating broad initiatives that will be good for Invinity. Finally, we're seeing a reduction in the interruptions the pandemic has caused in our delivery schedules. I am more optimistic than ever," says Chief Executive Larry Zulch.

----------

Science Group PLC, up 7.9% at 339.80p, 12-month range 161p-340p. The scientific consultancy services firm reports record revenue for 2020 of GBP72.7 million, up 29% on 2019, and swings to pretax profit of GBP6.3 million from GBP1.6 million loss. "Notwithstanding a global pandemic, the group achieved record results in 2020 benefitting from both its acquisition strategy and organic development which have combined to create a financially and operationally resilient organisation," company says.

----------

AIM - LOSERS

----------

Prospex Energy PLC, down 19% at 1.7p, 12-month range 1.4p-93.13p. The investment company focused on European gas and power projects says it has raised GBP750,000 via a placing of 50.0 million shares at a price of 1.5p each. Proceeds will be mainly used to fund planned programmes at the El Romeral integrated gas production and power station operation in southern Spain, and the Podere Gallina licence onshore Italy where first gas at the Selva field is expected to commence later in 2021, subject to the granting of a production concession.

----------

Helios Underwriting PLC, down 10% at 175.00p, 12-month range 70p-226p. The Lloyd's of London insurer raises GBP53.5 million via placing and subscription for a total of 33.4 million shares at a price of 160p each. Issue price represents a discount of 18% to the closing price of 195p on Monday. "This is a period of unprecedented opportunity for Helios, with a hardening market coupled with the opportunities we see to make further LLV acquisitions which would be value enhancing for our shareholders. Helios is uniquely positioned to capitalise on these opportunities," says Chief Executive Nigel Hanbury. Firm intends to raise up to a further GBP3.0 million via open offer.

----------

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
8 Mar 2023 15:54

UK shareholder meetings calendar - next 7 days

Thursday 9 March 
CT Capital & Income Investment Trust PLCAGM
Shoe Zone PLCAGM
WAG Payment Solutions PLCGM re proposed acquisition of Inelo
Friday 10 March 
Atrato Onsite Energy PLCAGM
Malin Corp PLCAGM
Mineral & Financial Investments LtdAGM
Monday 13 March 
BlackRock Energy & Resources Income Trust PLCAGM
Hercules Site Services PLCAGM
Hummingbird Resources PLCGM re strategic investment and placement
Ironveld PLCGM re second placing shares on AIM
Tuesday 14 March 
Georgia Capital PLCGM re company's transfer from Premium to Standard listing
MTI Wireless Edge LtdAGM
Redx Pharma PLCAGM
Wednesday 15 March 
Applied Graphene Materials PLCGM re delisting
BSF Enterprise PLCAGM
Chemring Group PLCAGM
Invinity Energy Systems PLCGM re placing fundraising and subscription
Safestore Holdings PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
3 Mar 2023 14:16

Invinity agrees to prepay convertible loan facility with Riverfort

(Alliance News) - Invinity Energy Systems PLC on Friday said that it has entered a prepayment agreement to repay the outstanding drawn amount of its convertible loan facility with RiverFort Global Opportunities PCC Ltd and YA II PN Ltd.

Read more
3 Mar 2023 14:11

Invinity inks deal to repay December bridging loan

(Sharecast News) - Energy storage specialist Invinity has entered into a prepayment agreement to repay the outstanding amount of a convertible loan facility with RiverFort Global Opportunities PCC and YA II PN, it announced on Friday.

Read more
23 Feb 2023 18:37

TRADING UPDATES: Anglo Asian eyes "pivotal" 2023, Cordel signs deal

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

Read more
23 Feb 2023 10:53

AIM WINNERS & LOSERS: Quadrise says fuel cleared by Moroccan customs

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

Read more
22 Feb 2023 19:42

IN BRIEF: Invinity Energy Systems plans fundraise for GBP16 million

Invinity Energy Systems PLC - London-based utility-grade energy storage manufacturer - Plans to raise GBP16 million through a placing, subscription, and open offer for 42.2 million new shares at a price of 32 pence per share. Receives a strategic investment of GBP2.5 million by Everbrite Technology Co Ltd through a subscription. Adds that the open offer will raise GBP4 million through the offer 12.5 million new ordinary shares. Says the issue price represents a discount of 14% to the closing middle market price of 37 pence per share on February 22. Says that the proceeds from the proposed placing are expected to provide it with sufficient working capital to the end of June 2024.

Read more
23 Jan 2023 10:38

Invinity Energy trading in line with guidance on several contract wins

(Alliance News) - Invinity Energy Systems PLC on Monday said it expects revenue for last year in line with market expectations, as a result of a "significant number of contract wins".

Read more
18 Jan 2023 21:58

TRADING UPDATES: Bankers net assets drop; Invinity Energy wins funds

(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
16 Jan 2023 14:18

IN BRIEF: Invinity Energy signs MoU to build battery rental offering

Invinity Energy Systems PLC - London-based utility-grade energy storage manufacturer - Signs a non-binding Memorandum of Understanding with Dawsongroup Power Solutions Ltd, part of Dawsongroup PLC. Dawsongroup is a leading commercial asset rental business operating across the UK and EU. Says the partnership will see Dawsongroup procure battery storage products exclusively from Invinity and "become Invinity's exclusive rental partner in the UK". Says they see a strong potential for a rental market in the UK for vanadium flow batteries. Expects to target customer commitments of more than 50 megawatt hours over the next two years.

Read more
30 Dec 2022 15:05

Invinity optimistic of year ahead despite delayed revenues

(Alliance News) - Invinity Energy Systems PLC on Friday said it will not be able to recognise revenue on projects in Canada and Australia for a brief period, despite meeting production goals this year.

Read more
30 Dec 2022 11:06

AIM WINNERS & LOSERS: Pantheon Resources, Harland & Wolff shares fall

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

Read more
14 Dec 2022 22:01

TRADING UPDATES: Pantheon Resources repays notes; Corcel raises funds

(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
13 Dec 2022 12:43

AIM WINNERS & LOSERS: Invinity Energy jumps on battery systems order

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

Read more
13 Dec 2022 12:14

LONDON MARKET MIDDAY: Stocks up as focus shifts to US inflation data

(Alliance News) - Stock prices in London edged into the green around midday on Tuesday as markets were in wait-and-see mode ahead of a key inflation reading for the US economy.

Read more
13 Dec 2022 11:37

Invinity Energy sells flow battery system to Hyosung Heavy Industries

(Alliance News) - Invinity Energy Systems PLC on Tuesday said it is selling a 1.5 megawatt per hour VS3 flow battery system to Hyosung Heavy Industries Corp for an undisclosed sum.

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.