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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: 141.00
Bid: 140.00
Ask: 142.00
Change: -4.50 (-3.09%)
Spread: 2.00 (1.429%)
Open: 144.00
High: 145.50
Low: 141.00
Prev. Close: 145.50
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TRADING UPDATES: Engage XR revenue up; Smartspace trades in-line

Wed, 18th Jan 2023 19:03

(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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Engage XR Holdings PLC - metaverse technology company - Expects 2022 revenue of EUR3.9 million, up 63% from EUR2.4 million in 2021. Revenue from ENGAGE metaverse platform alone rises 83%. Says loss before interest, tax, depreciation and amortisation stretches to EUR5.8 million from EUR2.7 million, "reflecting the increased headcount in the group in the year". Says December was its strongest-ever month.

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Smartspace Software PLC - Suffolk, England-based software provider smart buildings and commercial spaces - Says it is trading in line with expectations for financial year ending January 31. Company names Cooper Parry Group Ltd as auditor.

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Eagle Eye Solutions Group PLC - London-based marketing solutions provider - Revenue in half-year ended December 31 rises 32% to GBP20.0 million from GBP15.1 million. Adjusted Ebitda improves by 50% to GBP4.7 million from GBP3.1 million. Eagle Eye hails "continued strong trading momentum, including the full launch of the Woolworths Group contract in Australia". "The retail industry is becoming increasingly aware that data-driven, personalised promotions are one of the most effective ways to drive increased trade and retain customer loyalty. The proven ability of the Eagle Eye AIR platform to deliver personalised promotions in real-time and at scale means it is in a strong position to address this customer need and drive further growth," Eagle Eye adds.

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accesso Technology Group PLC - Berkshire, England-based provider of software for leisure, entertainment and cultural sectors - Signs deals with 18 new partners in theme parks & attractions, ski, hospitality, cultural and zoo markets in both US and UK. Client wins will see company provide accesso Passport e-commerce ticketing services, accesso Siriusware point-of-sale ticketing offering and accesso ShoWare live event ticketing platform. "2022 was a strong year for accesso, and we're pleased to have closed out the year welcoming such a unique set of new partners to our worldwide client network. The multi-solution nature of the wins underlines the highly differentiated nature of our mobile-first technology. We look forward to deepening our global footprint even further in 2023, helping operators unlock new opportunities to drive revenue and deliver a better guest experience in the process," Chief Executive Steve Brown comments.

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Streaks Gaming PLC - London-based 'conversational gaming' products provider - Says registrations jump to 116,519 in 2022 from 24,401 in 2021. Says unique player numbers climb to 78,347 in 2022 from 18,400 in 2021. Streaks says: "These results demonstrate Streaks' operating model whereby the company seeks to exploit the arbitrage available between the cost of signing customers to its free-to-play app and the rewards paid by established sports betting companies for referrals via the company's platform that lead to first time depositors."

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Amigo Holdings PLC - guarantor loan provider - Says limits associated with the pilot lending period are to be removed once the UK Financial Conduct Authority is satisfied with outcomes of testing. However, Amigo says volume of lending has not been high to "undertake meaningful outcomes testing". Amigo extends the lending pilot as a result. The matter relates to a scheme of arrangement. Amigo will remain limited to cumulative net originations of no higher than GBP35 million, until it has completed a further minimum GPB15 million contribution from the proposed capital raise by no later than May 26. The limit of GBP35 million is a requirement of its scheme of arrangement and is not subject to FCA approval. The scheme allows Amigo to pay compensation to customers with a claim for redress for mis-sold loans.

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Kistos Holdings PLC - energy industry investor with licenses in the Netherlands - Says at Greater Laggan Area, located some 100 kilometres northwest of the Shetland Islands, the TotalEnergies SE-operated Benriach well will be drilled this year. Drilling is to start in the second quarter. "A contract has been signed for a rig by the joint venture partners to carry out the drilling of this well," Kistos says. It holds a 20% working interest in Greater Laggan. Elsewhere, it adds: "The Q10 area continues to enjoy good uptime, and export through the P15 platform has also been more reliable. Given the variable productivity of the reservoir means that we will continue to intervene regularly to maximise production."

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Kenmare Resources PLC - titanium minerals and zircon producer, operating the Moma mine in northern Mozambique - Says heavy minerals concentrate output improves 17% on-year in fourth quarter to 404,000 tonnes. For all of 2022, it rises 2% to 1.6 million tonnes. Says for 2022, "revised guidance was met for ilmenite and rutile while original production guidance achieved for primary zircon and concentrates". Ilmenite output falls 3% to 1.1 million tonnes in 2022, zircon output rises 4% to 58,400 tonnes and rutile output flat at 8,900 tonnes. For 2023, Kenmare targets ilmenite output of 1.1 million to 1.2 million tonnes.

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By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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Kistos to buy EDF UK gas storage assets for £25m

(Sharecast News) - Kistos has finalised a sale and purchase agreement to acquire EDF Energy Gas Storage, it announced on Tuesday, including two gas storage facilities onshore in the UK, namely Hill Top Farm and Hole House Farm.

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20 Feb 2024 11:32

IN BRIEF: Kistos enters gas storage market with EDF Energy acquisition

Kistos Holdings PLC - Energy Company focused on gas assets in the North Sea and Netherlands - Enters into a sale and purchase agreement to acquire the gas storage arm of EDF Energy Ltd for a total consideration of GBP25 million. EDF Energy owns the Hill Top Farm and Hole House Farm gas storage facilities in Cheshire, England. Kistos will assume operatorship of both sites and is planning to put in place an agreement to work alongside a partner to trade the gas. The Hill Top site has a gas capacity of 17.8 million therms, 3.1% of the UK's total onshore gas storage capacity, with an ongoing programme to increase this to 21.2 million in the short term. The Hole House facility is currently non-operational. Both sites have the capacity to be repurposed to store compressed air or hydrogen, Kistos says, which would "place these assets firmly into the transitional energy space beyond the current key role they play in the UK's supply of gas".

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IN BRIEF: Kistos says upgrade of Jouton vessel is 90% complete

Kistos Holdings PLC - energy company with assets in UK North Sea and onshore Netherlands - Notes announcement by Var Energi ASA, the operator of Balder Field in Norway, confirming that the upgrade of the Joutun floating production storage and offloading vessel is 90% complete and that first oil is now anticipated to be the end of the fourth quarter of 2024. Says: "Kistos is encouraged by recent activity, in particular the progress the operator has made in working to convert more of the established 2C resources into sanctioned reserves through the ongoing drilling programme. The company will continue to update the market in line with the operator." In the event that first production is not achieved until 2025, due to the structure agreed upon through the acquisition of Mime Petroleum AS in 2023, says the economics of the acquisition "mitigate any effects of a delay" by reducing the contingent consideration payable by Kistos to the Mime Petroleum bondholders.

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Kistos expects first oil at Balder site by end of 2024

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18 Jan 2024 14:55

Kistos set to benefit from Victory Gas Field approval

(Sharecast News) - Kistos, a joint venture partner in the Greater Laggan Area (GLA) and co-owner of the Shetland Gas Plant, responded to the North Sea Transition Authority's (NSTA) decision to grant development and production consent for the Victory Gas Field, operated by Shell UK, on Thursday.

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Kistos Holdings PLC - London-based low carbon intensity hydrocarbon producer seeking assets "with a role to play in the energy transition", and joint venture partner in the Greater Laggan Area and co-owner of the Shetland gas plant - Says production was safely restarted on December 16 at its Shetland plant, after the repair of its heating medium system. The plant stopped production on December 12.

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