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Pin to quick picksKromek Share News (KMK)

Share Price Information for Kromek (KMK)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 7.15
Bid: 6.80
Ask: 7.50
Change: 0.10 (1.42%)
Spread: 0.70 (10.294%)
Open: 7.05
High: 7.15
Low: 6.95
Prev. Close: 7.05
KMK Live PriceLast checked at -

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AIM WINNERS & LOSERS: Argentex plummets on CEO's sudden departure

Thu, 26th Oct 2023 10:35

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

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AIM - WINNERS

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Kromek Group PLC, up 15% at 4.76 pence, 12-month range 3.00p-12.44p. The detection technology supplier wins a USD5.9 million contract from the US Department of Homeland Security Countering Weapons of Mass Destruction Office for the research and development of technologies focusing on an agent agnostic bio-detection system. The contract has been awarded under a four-year programme, which commences immediately. Kromek expects to receive USD874,000 during the first year base period. Chief Executive Arnab Basu says: "We are pleased to have been awarded this new contract for the research and development of agent agnostic biosecurity technologies, which will build on our existing expertise and technology in the field of automated bio-detection solutions."

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AIM - LOSERS

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Safestyle UK PLC, down 58% at 0.67p, 12-month range 0.50p-32.00p. The retailer and manufacturer of PVCu replacement windows and doors says that it does not expect to receive a capital injection or new financing. Earlier this month it said it was considering a number of options which could include the sale of some subsidiary businesses. However, the firm says it is in "active discussions" regarding the sale of some or all of its assets, but noted there could be no certainty of a sale, nor of the level of return to shareholders.

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Argentex Group PLC, down 22% at 75.20p, 12-month range 66.15p-142.00p. Shares in the international provider of foreign exchange services for institutions, corporates and high-net-worth private individuals fall. Argentex says that its Chief Executive Officer Harry Adams has stepped down, with immediate effect. Jim Ormonde has been appointed as interim CEO on an interim basis. Chair Nigel Railton says: "We have recently conducted a review of Argentex's strategy and have identified a number of areas of focus to ensure the continued growth of the business. Jim is an experienced operator with a strong track record in successfully scaling technology businesses and I am pleased that he has agreed to step up and lead the team to start the important process of implementation."

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By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
28 Sep 2023 17:14

IN BRIEF: Kromek Group completes refinancing of borrowing facility

Kromek Group PLC - Sedgefield, England-based detection technology supplier - Completes the refinancing of its borrowing facility, with the signing of a new GBP5.5 million secured term loan. The new facility is being provided by Polymer N2 Ltd, a significant shareholder in the company. It has a repayment date of March 27, 2025, with an option to extend for a further 12 months. It carries a fixed interest rate of 9.5%, which is payable quarterly, and Kromek has the option to pay the interest through the issue of new ordinary shares.

Read more
21 Sep 2023 15:50

UK shareholder meetings calendar - next 7 days

Friday 22 September 
Argos Resources LtdGM re members voluntary liquidation
B&M European Value Retail SAGM re appointing Lasry as director
Faron Pharmaceuticals LtdEGM re election of new board members
Stranger Holdings PLCAGM
SysGroup PLCAGM
TI Fluid Systems PLCGM re waiver resolution
Odyssean Investment Trust PLCAGM
Monday 25 September 
Amte Power PLCGM re share issue to raise GBP2m
Ondo InsurTech PLCAGM
ThomasLloyd Energy Impact Trust PLCGM re appointment of new directors
Tuesday 26 September 
BSF Enterprise PLCGM re placing, subscription and broker warrants
Cohort PLCAGM
Ediston Property Investment Co PLCGM re disposal of the property portfolio
Fulcrum Utility Services LtdGM re AIM cancellation
James Cropper PLCAGM
Knights Group Holdings PLCAGM
Miton UK MicroCap Trust PLCAGM
Mycelx Technologies CorpAGM
Orient Telecoms PLCAGM
Redde Northgate PLCAGM
Saietta Group PLCAGM
Scholium Group PLCAGM
SulNOx Group PLCAGM
Supreme PLCAGM
Tern PLCGM re management changes
Wednesday 27 September 
4Global PLCAGM
abrdn New India Investment Trust PLCAGM
Amigo Holdings PLCAGM
AO World PLCAGM
Baltic Classifieds Group PLCAGM
Coral Products PLCAGM
EDX Medical Group PLCAGM
Empyrean Energy PLCAGM
First Property Group PLCAGM
Pharma C Investments PLCGM re executive changes
Riverstone Energy LtdEGM re tender offer
Samarkand Group PLCAGM
System1 Group PLCAGM
Schroder Real Estate Investment Trust LtdAGM
Voyager Life PLCAGM
Thursday 28 September 
abrdn Japan Investment TrustGM re merger with Nippon Active Value Fund PLC
abrdn Japan Investment TrustAGM
ActiveOps PLCAGM
Babcock International Group PLCAGM
Boussard & Gavaudan Holding LtdEGM re managed wind-dow proposals
CentralNic Group PLCGM re name change to Team Internet Group PLC
CT Global Managed Portfolio Trust PLCAGM
Diageo PLCAGM
FIH Group PLCAGM
FRP Advisory Group PLCAGM
Kromek Group PLCAGM
Oxford Cannabinoid Technologies Holdings PLCAGM
Pembroke VCT PLCAGM
Polar Capital Holdings PLCAGM
Redcentric PLCAGM
Revolution Beauty Group PLCAGM
Roebuck Food Group PLCAGM
TruFin PLCAGM
Zoo Digital Group PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
12 Sep 2023 14:26

IN BRIEF: Kromek detectors used in Spectrum Dynamic's new scanner

Kromek Group PLC - Sedgefield, England-based detection technology supplier - Says customer Spectrum Dynamics Medical has launched an advanced imaging system, SPECT/CT, which uses Kromek's digital Cadmium zinc telluride detectors. Says the new scanner sets "new standards" in energy range, sensitivity and resolution.

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6 Sep 2023 16:36

IN BRIEF: Kromek extends credit facility repayment to end of month

Kromek Group PLC - Sedgefield, England-based detection technology supplier - Extends repayment date of its GBP5.0 million revolving credit facility with HSBC Holdings PLC to September 30 from Thursday last week. Says the move is taken as it finalises terms to refinance the borrowing facility. This follows a previous extension, as announced when publishing its annual results in late July. Says it will will make a further announcement in "due course".

Read more
24 Jul 2023 11:25

Kromek reports "record" revenue; eyes positive earnings in new year

(Alliance News) - Kromek Group PLC on Monday said it delivered a year of "record" revenue thanks to "significant" growth in its advanced imaging and CBRN detection divisions.

Read more
5 Jun 2023 10:50

IN BRIEF: Kromek wins USD1.5 million contract in Asia

Kromek Group PLC - Sedgefield, England-based detection technology supplier - Secures USD1.5 million contract in the civil nuclear market from an unnamed existing distribution partner in Asia. Says the order is for a new product, designed for civil nuclear applications, including the detection, identification and analysis of radiological sources. The product will be delivered over the next 15 months. Adds it will supply three new customers in Asia.

Read more
26 May 2023 14:13

TRADING UPDATES: Triple Point Social quarterly net asset value up

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

Read more
2 May 2023 11:00

AIM WINNERS & LOSERS: Longboat Energy signs Japex joint-venture deal

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

Read more
2 May 2023 10:25

Kromek shares up on USD1.4 million order from new OEM customer

(Alliance News) - Kromek Group PLC on Tuesday said it has secured an an initial USD1.4 million order for its CZT-based detector modules from a new original equipment manufacturer customer.

Read more
19 Apr 2023 14:58

IN BRIEF: Kromek shares up as partners to develop detector solutions

Kromek Group PLC - Sedgefield, England-based detection technology supplier - Signs deal with Analogic Corp to collaborate on detector solutions. Says the collaboration is for the medical imaging and security sectors. Says the technology can result in improved image quality whilst also providing "a gateway to material characterization and quantitative results, allowing early detection of life-threatening illness such as breast cancer or heart disease when used in medical imaging".

Read more
18 Apr 2023 12:04

Kromek surges on seven-year agreement with Tier 1 OEM

(Alliance News) - Kromek Group PLC shares jumped on Tuesday, after it said it has entered an initial seven-year agreement with a Tier 1 original equipment manufacturer.

Read more
29 Mar 2023 11:48

Kromek receives USD1.1 million orders from medical imaging customers

(Alliance News) - Kromek Group PLC on Wednesday said it secured repeat orders for its cadmium zinc telluride-based detectors from three medical imaging customers worth a total of USD1.1 million.

Read more
29 Mar 2023 09:27

Kromek secures $1.1m of repeat orders

(Sharecast News) - Radiation detectors supplier Kromek has secured repeat orders for its CZT-based detectors from three medical imaging customers worth a combined total of $1.1m.

Read more
31 Jan 2023 14:51

TRADING UPDATES: RBG ousts CEO over "cultural concerns" and strategy

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

Read more
9 Jan 2023 13:16

Kromek secures repeat US government order for radiation detector

(Sharecast News) - Radiation and bio-detection technology specialist Kromek has secured a repeat order worth $0.8m from a US government customer, it announced on Monday, for its 'D3S ID' wearable nuclear radiation detector.

Read more

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