Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksKAPE.L Share News (KAPE)

  • There is currently no data for KAPE

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Secure Trust lending up; Eurocell sales climb

Thu, 12th May 2022 15:35

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

----------

Secure Trust Bank PLC - Solihull, England-based savings accounts and lending services provider - New business lending rises 3.6% quarter-on-quarter to GBP488.2 million in first quarter. Annually, business lending volumes rise 53% from GBP318.5 million. "Record new business volumes have been delivered for successive quarters in both the Vehicle Finance and Retail Finance businesses," Secure Trust says. Core loan book rises 19% annually to USD2.57 billion, up 4.8% from fourth quarter of 2021. "Customer deposits were 4.1% higher at the end of the quarter, in line with loan book growth. The group's strong liquidity position reflects a pre-funding approach for the lending pipeline," Secure Trust says.

----------

Eurocell PLC - Derbyshire-based window, door and roofline PVC products maker - Says group sales in first four months of 2022 up 13% year-on-year, rising 39% from 2019 levels. Eurocell says: "The repair, maintenance and improvement market remains robust and we have kept pace with an exceptionally strong comparative period. Current indications are that RMI demand includes a greater emphasis on project-specific work, rather than the higher levels of maintenance activity experienced last year. We believe we are continuing to take market share and have made substantial progress compared to the equivalent period of 2019." Company names Derek Mapp as non-executive director and chair designate with effect May 16. Following handover, he takes over as chair from July 1, at which point Bob Lawson will retire. Mapp is also chair of Mitie Group PLC.

----------

Ideagen PLC - Nottingham-based information management, safety, risk and compliance software provider - Expects revenue for year ended April 30 to rise 41% year-on-year to GBP92.2 million from GBP65.6 million. Adjusted earnings before interest, tax, depreciation and amortisation to climb by a third to GBP30.5 million from GBP22.9 million.

----------

Mirada PLC - Surrey, England-based broadcasting technology firm - Says trading in year ended March 31 was in line with market expectations. Expects revenue of USD11 million, down a touch from USD11.1 million. Adjusted earnings before interest, tax, depreciation and amortisation edge down to USD1.6 million from USD1.7 million. Mirada says: "The directors believe that to deliver this performance despite virtually no new business activity taking place across the industry for the first half of the year, is testament to the resilience of Mirada's model and the strength of the relationships the company has with its customers, with many deepening their commercial agreements in the period."

----------

Kape Technologies PLC - Isle of Man-based digital security and privacy software provider - Says number of firm's privacy brands have expanded platforms, adding "several new features". Kape adds: "The launch of a number of highly innovative new products, in addition to enhanced features on existing solutions, is closely aligned with significant demand across the digital privacy sector. With the cybersecurity sector delivering its strongest quarter on quarter growth to-date, Kape continues to be firmly focused on delivering best-in-class privacy and security solutions that safeguard consumers' digital lives." Kape's ExpressVPN product adds online threat manager service, password manager and parallel connections offering to provide "speediest re-connection when moving between different networks".

----------

H&T Group PLC - Surrey, England-based pawnbroker - Says demand for pledge lending at record levels. H&T's pawnbroking pledge book grows to GBP78.3 million at end of April from GBP66.9 million at December 31. Also seeing "strong" demand for new and pre-owned jewellery and watches, with retail sales in line with "management expectations and very significantly ahead of the prior year". H&T adds: "[The] foreign exchange performance is recovering quickly as customers return to overseas holidays. Transaction volumes in recent weeks have returned to pre-pandemic levels and are expected to build further over the summer months. H&T will enhance its FX offering ahead of the peak summer period, including the re-introduction of an online service."

----------

FBD Holdings PLC - Dublin-based insurance company - Ahead of annual general meeting on Thursday, Chief Executive Tomas Midheach says firm's underwriting performance so far in 2022 has been in line with expectations. "While inflation continues to be experienced in property and motor damage claims, injury claims experience has been benign and there were no significant weather events," he says. Gross written premiums up 1% annually to date, after adjusting for the prior year's Covid-19 related premium rebates. However, "investment markets have been difficult year to date", Midheach says. On Covid-19 business interruption claims for its pub policies, FBD says provisions remain at EUR44 million. CEO adds: "We are engaging with the plaintiffs on the steps needed to bring final clarity for all concerned."

----------

Empresaria Group PLC - Crawley, West Sussex-based specialist staffing - Makes "encouraging start" to 2022, with "strong" growth in net fee income. On track to meet market expectations for 2022.

----------

Seraphim Space Investment Trust PLC - London-based investor in space technology - Says net asset value per share weakens 1.0% quarter-on quarter to 105 pence at March 31 third quarter end, from 104p. Company says this is "driven by the impact of weak equity markets on the value of listed portfolio companies".

----------

Various Eateries PLC - London-based chain of restaurants, clubhouses and hotels such as Coppa Club - Says trading in first half ended April 3 was robust, save for duration of Covid-19 plan B curbs made to stem spread of Omicron variant in UK. Revenue during half jumps more than five-fold to GBP17.8 million from GBP3.3 million a year prior, "driven by new site openings and reflecting fewer restricted periods of trading". Company adds: "Since 'Plan B' restrictions were lifted in January 2022, overall trading steadily recovered and has been in line with management expectations, despite various macro uncertainties." "The group is conscious that the industry-wide challenges currently faced, including labour shortages and increasing inflation, have heightened uncertainty. However, with a management team who have seen many periods of uncertainty before, the group is confident in its ability to successfully navigate the challenges while continuing to pursue its exciting growth strategy."

----------

Abingdon Health PLC - York, England-based rapid test developer and manufacturer - Teams with biomedical laboratory services provider Bimelix Ab for development of Lyme disease lateral flow self-test. "Abingdon and Bimelix have been collaborating for over 12 months on the feasibility of developing a Lyme disease LFT self-test. Under the terms of the agreement, Abingdon and Bimelix will jointly complete the development of the Lyme disease test and scale-up to manufacture, and will also be jointly responsible for the commercialisation of the test," Abingdon says.

----------

Poolbeg Pharma PLC - London-based pharmaceutical company - Signs GMP manufacturing deal to ensure "ample supply" of POLB 001 asset, which aims to address a significant unmet need in severe influenza. Asset will be used in the upcoming human challenge clinical trial due to start next month.

----------

Panther Metals PLC - mineral exploration in Canada - Reports update on Coglia nickel and cobalt project drilling work, following initial announcement by 37%-owned Panther Metals Ltd. Final assay results show "highest-grade intercepts of nickel and cobalt" across whole drill programme at the Western Australia-located asset. Panther Metals Ltd Managing Director Daniel Tuffin says work for mineral resource estimate begins immediately.

----------

Wishbone Gold PLC - Gibraltar-based precious metals trading and exploration company - Says heritage survey underway at Red Setter copper and gold project in Western Australia. "The aim of this survey is to increase access to peripheral targets, beyond those already cleared, where drilling will start in the next few weeks," Wishbone says.

----------

Caledonia Mining Corp PLC - gold producer with operations in Zimbabwe - Says revenue in first quarter of 2022 increases 36% to USD35.1 million from USD25.7 million. Pretax profit rises 46% to GBP12.5 million from GBP8.5 million. Says gold output rises 40% to 18,515 ounces from 13,197 ounces a year prior.

----------

Artemis Resources Ltd - Perth-based miner with gold, copper and cobalt projects in Australia - Completes heritage survey at Osborne nickel prospect, which is subject to farm-in joint venture with GreenTech Metals Ltd. GreenTech plans six drill holes. "This programme is anticipated to commence in June following receipt of the heritage clearance report," Artemis adds.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
11 Jun 2020 16:30

Director dealings: Kape Technologies director lowers stake

(Sharecast News) - Kape Technologies revealed on Thursday that non-executive director Theodore Kim had disposed of 400,000 shares in the AIM-listed digital security and privacy software business.

Read more
14 May 2020 16:28

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
31 Mar 2020 12:21

UK TRADING UPDATE SUMMARY: Synairgen Starts Covid-19 Treatment Trial

UK TRADING UPDATE SUMMARY: Synairgen Starts Covid-19 Treatment Trial

Read more
20 Mar 2020 15:57

DIRECTOR DEALINGS SUMMARY: Plus500 Team Spend GBP14 Million On Shares

DIRECTOR DEALINGS SUMMARY: Plus500 Team Spend GBP14 Million On Shares

Read more
17 Mar 2020 13:27

Kape Technologies Terms 2019 As "Landmark" Growth Period

Kape Technologies Terms 2019 As "Landmark" Growth Period

Read more
20 Jan 2020 10:28

Kape Technologies Predicts Solid Rise In Annual Earnings, Revenue

Kape Technologies Predicts Solid Rise In Annual Earnings, Revenue

Read more
20 Nov 2019 16:46

DIRECTOR DEALINGS: Kape Technologies Finance Head Buys Shares

DIRECTOR DEALINGS: Kape Technologies Finance Head Buys Shares

Read more
19 Nov 2019 12:10

Kape Technologies Shares Surge Following LTMI Holdings Purchase

Kape Technologies Shares Surge Following LTMI Holdings Purchase

Read more
19 Nov 2019 10:29

Kape announces 'transformational' purchase of Private Internet Access owner LTMI

(Sharecast News) - Consumer security software provider Kape Technologies announced the proposed acquisition of LTMI Holdings for a total consideration of $95.51m, and an enterprise value of $127.6m on Tuesday.

Read more
17 Sep 2019 10:58

Kape Outlook Positive But Interim Profit Falls On Exceptional Costs

(Alliance News) - Cybersecurity company Kape Technologies PLC on Tuesday said it is on track to meet its full-year expectations after delivering a rise in revenue in the first half of profit fell,

Read more
2 Jul 2019 12:31

Kape Technologies Discovers Two New macOS Malware Security Threats

(Alliance News) - Kape Technologies PLC on Tuesday said its Intego development team was the first to expose two new high-profile macOS malware security threats, both of which Kape users are now as

Read more
20 Jun 2019 13:38

Kape Technologies Pleased With ZenMate Progress Since Acquisition

(Alliance News) - Kape Technologies PLC said Thursday the integration of virtual private network ZenMate has saved the company USD1.7 million in annualised costs.In October, Kape acquired a

Read more
24 May 2019 11:58

Starcom Appoints Martin Blair As Independent Non-Executive Director

LONDON (Alliance News) - Tracking systems provider Starcom PLC on Friday said it appointed Martin Blair as independent non-executive director of the company with immediate effect.Blair 15 a

Read more
19 Mar 2019 11:35

Kape Technologies 2018 Profit And Revenue Rise Amid "Strong" Results

LONDON (Alliance News) - Software firm Kape Technologies PLC said Tuesday its profit and revenue expanded amid a "strong" performance.In 2018, pretax profit more than doubled to a

Read more
12 Mar 2019 16:10

UK Earnings, Trading Statements Calendar - Next 7 Days

Wednesday 13 March PrudentialFull Year Results (at 0830 GMT)Wm Morrison SupermarketsFull

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.