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Pin to quick picksKefi Gold Share News (KEFI)

Share Price Information for Kefi Gold (KEFI)

London Stock Exchange
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Share Price: 0.722
Bid: 0.722
Ask: 0.738
Change: 0.006 (0.84%)
Spread: 0.016 (2.216%)
Open: 0.75
High: 0.75
Low: 0.722
Prev. Close: 0.716
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UK TRADING UPDATE SUMMARY: SpaceandPeople Hit By UK, Germany Lockdowns

Fri, 24th Apr 2020 13:09

(Alliance News) - The following is a round-up of updates by London-listed companies on the impact of the Covid-19 pandemic, issued on Friday and not separately reported by Alliance News:

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SpaceandPeople PLC - retail space selling and marketing - Says UK and Germany severely hurt by Covid-19 outbreak amid closures of shopping centres. Majority of staff in UK and Germany furloughed. Postponed 2019 results. Says it has received approval for additional GBP1 million through UK government coronavirus business interruption loan.

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Ground Rents Income Fund PLC - real estate investment trust - Notes "material valuation uncertainty" due to Covid-19. Company portfolio value falls 0.2% to GBP122.6 million at March 31. Will still pay 0.99 pence per share interim dividend.

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Alternative Income REIT PLC - real estate investment trust - Says well-positioned despite Covid-19 causing global uncertainty. To continue paying "attractive" quarterly dividend. Received 82% of rent due in March, EPRA net asset value per share down 17% quarter-on-quarter to 1.268 pence per share on March 31.

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Standard Life Private Equity Trust PLC - investor - Says too early to quantify impact of Covid-19 outbreak. NAV per share rose 0.6% to 464.5p in quarter ended December 31.

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CVC Credit Partners European Opportunities Ltd - investor - Cuts dividend target to 4 pence for next 12 months, due to impact of Covid-19. Would represent a 27% reduction from 5.5p in 2019.

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Petards Group PLC - surveillance systems - Postpones 2019 results to end of May. Says not able to provide guidance due to pandemic. Notes timing of contract awards with Department for Transport, the Ministry of Defence and train operators unknown as they focus on Covid-19 response.

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Shearwater Group PLC - cybersecurity - Says step-up in software sales due to increased demand amid virus outbreak. Plans to raise GBP2.5 million through placing, agrees new three-year GBP4 million revolving credit facility with Barclays Bank PLC.

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Bilby PLC - building services - Says operations deemed essential by UK government. Says Covid-19 outbreak has presented challenges due to social restrictions causing delays to projects. Saving costs, altering shift patterns and using government measures such as furlough scheme.

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Amiad Water Systems Ltd - water systems - Says directors take pay cut amid pandemic. Non-essential spend and travel halted. Too early to assess impact of virus outbreak.

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DWF Group PLC - law firm - Agrees increase to revolving credit facilities and relaxation of banking covenants. Agreement means new GBP15 million facility in addition to GBP80 million existing financing. Says enough liquidity to manage Covid-19 crisis.

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KEFI Minerals PLC - gold explorer - Has altered timing of work at Tulu Kapi project, Ethiopia due to virus. Still expects full gold production at Tulu Kapi in 2022.

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Vertu Motors PLC - car retailer - Says annual results will now be published on June 3, with annual general meeting moved to August 20 from late June.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
6 Dec 2018 14:33

KEFI Minerals making progress at Tulu Kapi

(Sharecast News) - Gold and copper exploration and development company KEFI Minerals updated the market on its Tulu Kapi gold project in Ethiopia on Thursday, reporting that activities there continued to progress at a "significant" pace.

Read more
6 Dec 2018 13:40

KEFI Minerals Reports Good Progress At Tulu Kapi, To Get Further Funds

LONDON (Alliance News) - KEFI Minerals PLC said Thursday that activities at its Tulu Kapi gold project in Ethiopia are progressing "at a significant pace", as an investor looks to more

Read more
28 Nov 2018 14:06

KEFI Minerals Enters Into GBP4 Million Convertible Loan Facility (ALLISS)

LONDON (Alliance News) - KEFI Minerals PLC said Wednesday it entered into a secured convertible loan facility for up to USD4.0 million to provide the necessary funds to expand its Tulu Kapi gold a

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28 Nov 2018 11:42

KEFI Minerals signs £4m loan facility as it looks to progress Tulu Kapi

(Sharecast News) - Gold and copper exploration and development company KEFI Minerals announced on Wednesday that, further to its announcement on 30 October, it has entered into an up-to-£4m secured convertible loan facility with an unnamed "long standing institutional shareholder".

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6 Nov 2018 12:28

REPEAT: KEFI Minerals Expands Ethiopian Tenements To Include Tulu Kapi

LONDON (Alliance News) - Gold and copper exploration company KEFI Minerals PLC said on Tuesday it will expand its Ethiopian exploration tenements seven-fold, in order to encompass the Tulu Kapi on

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6 Nov 2018 12:08

KEFI Minerals Expands Ethiopian Tenements To Include Tulu Kapi Project

LONDON (Alliance News) - Gold and copper exploration company KEFI Minerals PLC said on Tuesday it will expand its Ethiopian exploration tenements seven-fold, in order to encompass the Tulu Kapi on

Read more
1 Nov 2018 12:28

KEFI Minerals Granted Saudi Arabia Gold Exploration Licence Renewal

LONDON (Alliance News) - KEFI Minerals PLC said Thursday it has been granted formal renewal of the Hawiah exploration licence in Saudi Arabia.The company said it will now resume its role as

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30 Oct 2018 11:49

KEFI Minerals Gets GBP2 Million Shareholder Loan For Tulu Kapi

LONDON (Alliance News) - KEFI Minerals PLC has secured a new financing facility from a shareholder for its Tulu Kapi gold project located in Ethiopia, the company said Tuesday.The loan is a

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29 Oct 2018 13:41

KEFI Minerals Says Preparatory Field Activities Resume In Ethiopia

LONDON (Alliance News) - KEFI Minerals PLC on Monday reported the escalation of preparatory field activities in relation to its Tulu Kapi gold project in Ethiopia.Earlier in October, gold a

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29 Oct 2018 07:30

KEFI Minerals ramps up prep work at Tulu Kapi

(Sharecast News) - Saudi Arabia and Ethiopia-focussed gold and copper exploration and development company KEFI Minerals reported the ramp-up of preparatory field activities in relation to its Tulu Kapi Gold Project in Ethiopia on Monday.

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10 Oct 2018 11:37

KEFI Minerals' Tulu Kapi Funding Plan Includes USD160 Million Of Bonds (ALLISS)

LONDON (Alliance News) - KEFI Minerals PLC on Wednesday said it is proposing to issue USD160 million worth of bonds as part of its project development funding proposal for the Tulu Kapi gold in in

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8 Oct 2018 12:28

KEFI Minerals Welcomes Decision To Resettle Tulu Kapi Community Soon

LONDON (Alliance News) - Gold and copper miner KEFI Minerals PLC on Tuesday confirmed that the local, zonal and regional authorities intend to resettle the community of Tulu Kapi in Ethiopia in as

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28 Sep 2018 14:40

KEFI Minerals Hails "Watershed" Signing Of Tulu Kapi Investment

LONDON (Alliance News) - Shares in KEFI Minerals PLC rose Friday as the company said it has signed a binding investment agreement for its Tulu Kapi project for at least USD30 million.The a

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27 Sep 2018 15:45

KEFI Minerals Narrows Loss On Fair Value; Tulu Kapi Funding Progresses

LONDON (Alliance News) - KEFI Minerals PLC on Thursday reported a narrowed loss for the first half of 2018 as it swung to a small profit on fair value from a substantial loss.The mining for

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18 Sep 2018 13:47

Odey Asset Management Sells Entire Holding In KEFI Minerals (ALLISS)

LONDON (Alliance News) - KEFI Minerals PLC on Tuesday said Odey Asset Management LLP now has no holding in the FTSE 250-listed exploration company.In a transaction on Monday, Odey Asset its

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