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Pin to quick picksKistos Holdings Share News (KIST)

Share Price Information for Kistos Holdings (KIST)

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Share Price: 146.50
Bid: 145.00
Ask: 148.00
Change: -6.00 (-4.07%)
Spread: 3.00 (2.069%)
Open: 149.00
High: 146.50
Low: 141.50
Prev. Close: 147.50
KIST Live PriceLast checked at -

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TRADING UPDATES: Angus Energy exceeds monthly production targets

Wed, 12th Oct 2022 14:39

(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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Angus Energy PLC - oil and gas development company focused on UK assets - Says that hourly throughput rates through its process plant now exceeds its October target production rate of 6 million standard cubic feet per day with well pressures holding in the high forties. Condensate production has stabilised at or around 120 barrels per day. Says side-track planning progresses with an adjustment to spud date to October 24 to 26 from October 20, 2022, in order to accommodate a potential supply chain issue.

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Canadian Overseas Petroleum Ltd - Calgary, Canada-based oil and gas company operating in Nigeria and US state of Wyoming - Receives gas flare approval for its operated 85% WI Barron Flats Shannon Unit, from Wyoming Oil & Gas Conservation Commission. "This is a great result as it will allow the company to manage increased gas production with associated high working pressures as the miscible bank moves in the injection patterns. In addition, our oil production from the Shannon Unit will increase as production rates have been restricted in certain wells due to these issues," says Chief Executive Arthur Millholland.

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Kistos PLC - London-based energy industry investor with licenses in the Netherlands - Says High Court of Justice of England & Wales approves cancellation of bonus shares issued on Monday and the credit of EUR50.0 million to the company's share premium account. Expects the court order approving the capital reduction, and a statement of capital approved by the court, to be filed with the Registrar of Companies no later than October 22.

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UniVision Engineering Ltd - Hong Kong-based CCTV and surveillance system company - Enters loan agreement with Webright Ventures Ltd to borrow GBP1.4 million. Says the loan will be unsecured, will have a period of three months and an interest rate of 8% per year. Around half the loan will be used as funds set aside ahead of the hearing of the winding-up petition against UniVision, which was announced back in January, and is due to be heard in court in Hong Kong on October 18. Adds that it is still working with its auditors to complete its audit and publish its annual report, after which the company's shares are expected to begin trading on London's AIM.

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Angle PLC - Surrey, England-based medical diagnostics company - Signs distribution agreement with Promedeus SRO to enable and support the roll out of the US Food & Drug Administration cleared and CE marked Parsortix PC1 system across the Czech Republic for its intended use in metastatic breast cancer. Says Promedeus, a part of the Vendeavour Group, a Private Equity fund with a focus on healthcare, has considerable expertise in distributing a range of advanced medical equipment into the Czech hospital and primary care markets with a track record for delivering high quality physician education and customer care. "We are pleased to enter into this agreement with Promedeus and are encouraged by the efforts that the Promedeus team has already made to understand the benefits that the Parsortix system can bring to their oncology focused customer base. They have a strong track record and local knowledge which can help support the development of a new market for Parsortix," says Founder & Chief Executive Andrew Newland.

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By Sophie Rose; sophierose@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
30 May 2023 14:26

Kistos shares still down despite swing to annual profit, revenue jumps

(Alliance News) - Kistos Holdings PLC shares were still down on Tuesday despite the company reporting a profit of over GBP254 million in 2022, with significant increases in revenue and production, and appearing eager to reap the benefits of its Mime Petroleum AS acquisition.

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23 May 2023 14:54

Kistos acquires Mime Petroleum in $110m deal

(Sharecast News) - Hydrocarbon producer Kistos announced the successful acquisition of Mime Petroleum on Tuesday, in a deal ultimately worth around $111m.

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23 May 2023 10:22

Kistos Holdings enters Norway with completion of Mime acquisition

(Alliance News) - Kistos Holdings PLC on Tuesday said that it has completed its acquisition of all the outstanding shares of Mime Petroleum AS from Mime Petroleum Sarl.

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26 Apr 2023 09:57

Berenberg raises target price on Kistos

(Sharecast News) - Analysts at Berenberg raised their target price on closed-ended investment company Kistos from 600.0p to 630.0p on Wednesday, stating its deal with Mime Petroleum was "more than just hand waving".

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26 Apr 2023 09:27

LONDON BROKER RATINGS: Whitbread and AB Foods get price target hikes

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

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19 Apr 2023 13:34

Kistos inks deal to acquire Mime Petroleum

(Sharecast News) - Kistos announced a conditional agreement to acquire all outstanding shares of Mime Petroleum on Wednesday.

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19 Apr 2023 12:10

Kistos buys Oslo-based Mime Petroleum to move into North Sea

(Alliance News) - Kistos Holdings PLC shares jumped on Wednesday, after it said it will buy Oslo-based Mime Petroleum AS for entry into the Norwegian Continental Shelf.

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19 Apr 2023 11:04

AIM WINNERS & LOSERS: Woodbois plunges as lender pulls debt facility

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

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29 Mar 2023 14:35

TRADING UPDATES: AFC Energy delivers fuel cell; Kistos hails Benriach

(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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29 Mar 2023 12:33

Kistos reports progress in UK, the Netherlands

(Sharecast News) - Oil and gas producer Kistos updated the market on its drilling activities in the Netherlands and the United Kingdom on Wednesday.

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18 Jan 2023 19:03

TRADING UPDATES: Engage XR revenue up; Smartspace trades in-line

(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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18 Jan 2023 13:43

Kistos reports progress on Benriach well

(Sharecast News) - Gas producer Kistos updated the market on its operations on Wednesday, reporting that the Benriach well was now sanctioned, and a rig contract signed.

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7 Dec 2022 15:51

UK shareholder meetings calendar - next 7 days

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Frontier IP Group PLCAGM
Gelion PLCAGM
TechFinancials IncAGM
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Wednesday 14 December 
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Copyright 2022 Alliance News Ltd. All Rights Reserved.

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18 Nov 2022 09:49

LONDON BROKER RATINGS: Goldman Sachs raises Tritax Big Box to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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19 Oct 2022 09:43

LONDON BROKER RATINGS: HSBC lifts Marston's; Barclays cuts Flutter

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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