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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: 0.534
Bid: 0.534
Ask: 0.544
Change: 0.009 (1.70%)
Spread: 0.01 (1.873%)
Open: 0.54
High: 0.546
Low: 0.534
Prev. Close: 0.53
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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
9 May 2022 11:57

IN BRIEF: Kefi Gold & Copper reports good progress on three projects

Kefi Gold & Copper PLC - Cyprus-based gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia - Progresses studies targeting recommencement and development at its Jibal Qutman gold project. Says a preliminary feasibility study is underway at its Hawiah copper-gold project, noting progress progress on the underground, open-pit and surface infrastructure designs. Also receives positive assay results from drilling at Hwaiah, returning a weighted-average gold grade of 1.7 grams per tonne. Completes initial drilling at Al Godeyer copper-gold prospect. Says assay from Al Godeyer are pending.

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20 Apr 2022 12:33

IN BRIEF: Kefi Gold raises GBP8 million from discounted share placing

KEFI Gold & Copper PLC - gold and copper explorer and developer in Ethiopia and Saudi Arabia - Places 1.0 billion in new shares at 0.8 pence each, raising GBP8.0 million. Of this, GBP3.6 million is conditional on shareholder approval. The fresh cash will fund the Tulu Kapi gold project in Ethiopia, exploration works at satellite deposits in the Tulu Kapi district, and the company's share of exploration at the Hawiah gold and copper project in Saudi Arabia. "The placing is to reinforce the rapid advancement of our three advanced projects in Ethiopia and Saudi Arabia," says Chair Harry Anagnostaras Adams.

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20 Apr 2022 10:51

AIM WINNERS & LOSERS: Naked Wines plans US push; Mosman output rises

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

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1 Apr 2022 12:25

TRADING UPDATES: Yooma, Love Hemp in UK boost; Peel Hunt tops forecast

(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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24 Mar 2022 21:01

TRADING UPDATES: Getech wins mining contracts; Bluejay starts drilling

(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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3 Mar 2022 20:34

TRADING UPDATES: Next Fifteen raises GBP50 million; N Brown sales up

(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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14 Feb 2022 22:18

TRADING UPDATES: CentralNic expects revenue growth ahead of views

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

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4 Feb 2022 14:30

Kefi positive on its plans at Ethiopia's Tulu Kapi

(Sharecast News) - Ethiopia and Saudi Arabia-focussed gold and copper explorer and developer Kefi updated the market on the Tulu Kapi Gold Project on Friday, which is part of the Kefi-operated Ethiopian joint-venture Tulu Kapi Gold Mines Share Company (TKGM).

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4 Feb 2022 10:10

IN BRIEF: KEFI to meet with Ethiopian officials over JV delays

IN BRIEF: KEFI to meet with Ethiopian officials over JV delays

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13 Jan 2022 19:36

TRADING UPDATES: Ideagen profit soars; Enwell annual production up

TRADING UPDATES: Ideagen profit soars; Enwell annual production up

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10 Jan 2022 19:34

TRADING UPDATES: Harvest Minerals sales jump; Quartix earnings to rise

TRADING UPDATES: Harvest Minerals sales jump; Quartix earnings to rise

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6 Jan 2022 17:39

IN BRIEF: Kefi Gold notes increase to Hawiah's mineral resource

IN BRIEF: Kefi Gold notes increase to Hawiah's mineral resource

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6 Jan 2022 16:00

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

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21 Dec 2021 20:21

TRADING UPDATES: GSTechnologies loss widens; DX Group launches review

TRADING UPDATES: GSTechnologies loss widens; DX Group launches review

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13 Dec 2021 20:31

IN BRIEF: KEFI Gold wins two new exploration licences in Saudi Arabia

IN BRIEF: KEFI Gold wins two new exploration licences in Saudi Arabia

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