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Pin to quick picksIntuitive Inv Share News (IIG)

Share Price Information for Intuitive Inv (IIG)

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Share Price: 127.50
Bid: 120.00
Ask: 135.00
Change: 7.50 (5.88%)
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TRADING UPDATES: Pelatro in Japan boost; AFC Energy teams with Mace

Tue, 16th Mar 2021 14:21

(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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Pelatro PLC - London-based marketing software firm - Wins several orders, adding USD400,000 worth of deals to be delivered in 2021. "With these, the total value of contracts in hand representing 2021 revenue is about USD6 million," Pelatro says. Chief Executive Officer Subash Menon says confident about "meeting our financial expectations for this year".

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AFC Energy PLC - provider of hydrogen power generation technologies - Signs strategic partnership in UK with consultancy and construction firm Mace Group Ltd. Duo will develop ways to assist with the transition to zero emission hydrogen generators for construction sites from "highly pollutant" diesel generators which are currently used. "Multiple flagship sites under Mace's control will be identified across the UK and in international markets for the initial leasing of AFC Energy's off-grid, zero emission H-Power system from early 2022," AFC says.

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Oriole Resources PLC - AIM-quoted exploration company focussed on West Africa - Notes 25%-owned unit Thani Stratex Resources Ltd signs deal with investment firm Red Sea Resources Ltd at Hodine exploration licence in Egypt. RSR pays all outstanding fees and expenditure commitment at asset, totalling USD2.2 million. RSR initially takes 7% stake at asset, Thani holds remaining 93%. RSR can earn up to 85% interest at Hodine as part of deal with Thani. Oriole says: "RSR has the option to pay USD1.2 million in exploration expenditure (or cash) during the subsequent 12-months to acquire an additional 44% interest, for a total 51% in the holding company, with TSR holding the remaining 49% interest. RSR will have a second option to spend a further USD1 million on exploration to earn a further 34% interest, for a total 85% interest in the holding company."

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Empire Metals Ltd - London-based resource exploration and development company - Updates on next phase of work at Eclipse gold project, Australia. Next programme of work includes resource modelling and estimation, a further 1,700 metres of reverse circulation drilling of 17 holes and "additional structural interpretations to support updated vein wireframes and modelling". Also plans further 200 metres of diamond drilling of three holes.

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IronRidge Resources Ltd - Australia-based minerals exploration company - Spots new lithium targets at Ewoyaa project, Ghana. "We are very pleased with the initial results received, which have confirmed the high-grades and mineralisation continuity seen in the first pegmatites drill tested," Chief Executive Officer Vincent Mascolo says.

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Lexington Gold Ltd - gold projects in US states of North Carolina and South Carolina - Boosts exporation rights at Jones-Keystone-Loflin project to 179.66 acres from 50.66 acres. "Lexington Gold has entered into additional mining lease with option to purchase agreements on the south-western side of the JKL project," Lexington says. "Three additional Lease with Option to Purchase agreements have been signed with certain landowners for an additional 129 acres of mineral exploration rights and a further 22 acres of surface rights."

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Phoenix Copper Ltd - US-focused base and precious metals explorer - Names Zachary Black as general manager for Idaho operations, including Empire mine. "The addition of Zach to our team coincides with the Empire Mine project transitioning from advanced exploration to development. Zach will be "on-the-ground" and responsible for managing the day-to-day rigours of permitting, engineering, process design, and pre-construction activities at Empire, as well as providing oversight to the exploration teams at Red Star, Navarre Creek, and the deep sulphide project," Chief Executive Officer Ryan McDermott says.

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Shanta Gold Ltd - Tanzania-focused gold miner - Says 22 core holes drilled at New Luika asset in west Kenya and Singida, Tanzania. "High grade intersections have been hit in early holes at west Kenya," Shanta says. "Drilling at Singida has identified a potential new hanging wall zone that is richer than the main zone at Cornpatch West."

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Inspiration Healthcare Group PLC - Crawley, West Sussex-based medical devices - SLE Ltd unit which provides neonatal ventilators secures Japanese regulatory approval for the enhanced SLE6000 product. Also pens GBP400,000 initial order for product. "We are delighted to have received this significant order and the successful registration of these products in Japan and to see that our global reach continues to expand as the advanced technologies we have developed are adopted in the leading neonatal Intensive care units all over the world," Chief Executive Officer Neil Campbell says.

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Intuitive Investments Group PLC - closed-end investment company focused on life sciences sector - Invests GBP200,000, via convertible loan note, in Micrima Ltd, a firm developing an imaging method to improve early diagnosis of breast cancer. "The convertible loan note has a term of three years, with 8% interest which is non-cumulative and rolls up to be part of the final conversion amount," company says. "The investment into Micrima is part of a GBP1.9 million round which is being matched by the 'Future Fund', the UK government initiative delivered by the British Business Bank, thereby providing Micrima with GBP3.8 million of funding in aggregate."

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Volvere PLC - turnaround investment firm - Expects to post 2020 revenue of GBP30.8 million, up by a third from GBP23.0 million. However, expects a swing to a pretax loss of GBP530,000 from a GBP3.2 million profit.

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Guild Esports PLC - London-based owner and developer of e-sports teams - Wins first major e-sports trophy. Says four of its Fortnite players finished in top-eight of Fortnite Champion Series European Grand Finals.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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22 Feb 2024 14:25

UK shareholder meetings calendar - next 7 days

Friday 23 February 
Blencowe Resources PLCAGM
Bluebird Merchant Ventures LtdAGM
Caledonian Trust PLCAGM
Chemring Group PLCAGM
Marble Point Loan Financing LtdEGM
Monday 26 February 
Oncimmune Holdings PLCAGM
Tuesday 27 February 
abrdn Diversified Income & Growth PLCAGM
Asian Energy Impact Trust PLCGM re annual accounts
Custodian Property Income REIT PLCGM re merger with abrdn Property Income Trust Ltd
JPMorgan Mid Cap Investment Trust PLCGM 2nd re merger with JPMorgan Mid Cap
LondonMetric Property PLCGM re merger with LXi REIT Plc
Victorian Plumbing Group PLCAGM
Vinanz LtdAGM
Wednesday 28 February 
abrdn Property Income Trust LtdGM re merger with Custodian Property Income REIT PLC
Beacon Rise Holdings PLCEGM re continued pursuit of an acquisition
Downing Strategic Micro-Cap Investment Trust PLCGM re managed wind-down
Image Scan Holdings PLCAGM
PPHE Hotel Group LtdEGM re waiver of mandatory offer provisions
Verditek PLCGM re disposal of solar business
Thursday 29 February 
Capital for Colleagues PLCAGM
Home REIT PLCAGM
IntegraFin Holdings PLCAGM
Intuitive Investments Group PLCAGM
Shanta Gold LtdGM re acquisition by ETC Holdings
Vast Resources PLCGM re capital reorganisation
Watkin Jones PLCAGM
Zytronic PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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31 Jan 2024 14:30

EARNINGS: BSF Enterprise "making great strides", Sylvania ups earnings

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

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28 Nov 2023 18:14

TRADING UPDATES: Sopheon extends bid deadline; Fenikso receives funds

(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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30 Oct 2023 15:56

TRADING UPDATES: Bezant optimistic after Hope & Gorob estimate

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

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28 Jul 2023 20:46

TRADING UPDATES: Limitless Earth loss widens; Black Sea NAV rises

(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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21 Jul 2023 15:38

UK shareholder meetings calendar - next 7 days

Monday 24 July 
Barryroe Offshore Energy PLCEGM re proposed cancellation of admission to trading on AIM
Cranswick PLCAGM
discoverIE Group PLCAGM
MobilityOne LtdAGM
Plus500 LtdEGM to authorise share re-purchase
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WANdisco PLCGM re increase of share capital
Tuesday 25 July 
ADM Energy PLCAGM
Atome Energy PLCAGM
B&M European Value Retail SAAGM
GlobalData PLCGM re capital reorganisation
JZ Capital Partners LtdAGM
MITIE Group PLCAGM
Molecular Energies PLCAGM
Polymetal International PLCAGM
Safestay PLCAGM
Verditek PLCAGM
Vodafone Group PLCAGM
Wednesday 26 July 
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Blackstone Loan Financing LtdAGM
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Motorpoint Group PLCAGM
NewRiver REIT PLCAGM
Ninety One PLC and LtdAGM
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Oracle Power PLCAGM
Palace Capital PLCAGM
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Silver Bullet Data Services Group PLCAGM
Friday 28 July 
African Pioneer PLCAGM
Bezant Resources PLCAGM
Braveheart Investment Group PLCAGM
Cordiant Digital Infrastructure LtdAGM
DP Poland PLCAGM
Intuitive Investments Group PLCGM re proposals on investment strategy
Jangada Mines PLCAGM
Mercantile Ports & Logistics LtdAGM
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Northern 2 VCT PLCGM re party transaction
Polymetal International PLCGM re delisting
R&Q Insurance Holdings LtdAGM
Science in Sport PLCAGM
Urban Logistics REIT PLCAGM
Xtract Resources PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
11 Jul 2023 11:19

Intuitive Investments names veteran chair as eyes move to Main Market

(Alliance News) - Intuitive Investments Group PLC on Tuesday said it has named the experienced Nigel Rudd as its next independent non-executive chair, subject to it moving to a London listing on the Main Market, from its current position in the junior market.

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29 Jun 2023 15:40

TRADING UPDATES: R&Q premiums rise as presses on with separation

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

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24 May 2023 16:35

IN BRIEF: Intuitive reorganises businesses, amends deal structure

Intuitive Investments Group PLC - London-based life sciences investor - Announces the proposed reorganisation of Touchless Innovation Ltd and Touch-Less Hygiene UK Ltd and the reduction in the consideration payable to the vendors of Sanoserv International Franchising Ltd. Decides to move Touch-Less Hygiene from being a wholly owned subsidiary of Touchless Innovation to being a wholly owned subsidiary of IIG. Explains Touchless Innovation and Touch-Less Hygiene have different business models. Touchless Innovation believes that separating and having distinct management teams, will improve both the opportunity for growth and the potential to attract third party funding. Further, says Touchless Innovation adjusts deferred consideration payable to vendors of Sanoserv. Agrees to issue to the vendors 2 million new shares instead of paying GBP900,000. The shares will be admitted for listing on AIM on May 30.

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11 Jan 2023 11:34

IN BRIEF: Intuitive buys 50 million Yourgene Health shares

Intuitive Investments Group PLC - London-based life sciences investor - Buys 50 million shares at 0.3 pence per share of Manchester-based molecular diagnostics company Yourgene Health PLC, totalling GBP150,407. Intuitive holds 51.6 million shares of Yourgene.

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21 Dec 2022 14:51

EARNINGS SUMMARY: Intuitive Investments asset value down 11%

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

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5 Aug 2022 13:13

Intuitive Investments invests a further GBP100,000 into PneumoWave

(Alliance News) - Intuitive Investments Group PLC on Friday announced it has invested further into PneumoWave Ltd.

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TRADING UPDATES: SDX supports takeover by Tenaz; Marlow buys

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

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