focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

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 -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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.

----------

AIM - WINNERS

----------

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."

----------

AIM - LOSERS

----------

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.

----------

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."

----------

By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
7 May 2019 11:13

Kromek Expects Annual Profit In Line After "Stronger" Second Half

LONDON (Alliance News) - Kromek PLC said Tuesday it expects annual profit and revenue to be in line with market expectations after a "stronger" performance in the second half of the the

Read more
1 May 2019 09:55

Kromek Doubles Multi-Year Screening Contract To USD5.8 Million

LONDON (Alliance News) - Radiation detection firm Kromek Group PLC said Wednesday a multi-year security screening contract originally signed in 2017 has seen its value almost double following an a

Read more
26 Feb 2019 10:16

Kromek Signs New USD1.4 Million Multi-Year Nuclear Security Deal

LONDON (Alliance News) - Medical, security and nuclear detector supplier Kromek Group PLC said Tuesday it secured a USD1.4 million multi-year contract with a new nuclear security three-year with a

Read more
25 Feb 2019 15:46

Kromek Group Raises GBP21 Million Via Share Placing And Open Offer

LONDON (Alliance News) - Kromek Group PLC on Monday said it raised GBP21 million in a placing and open offer of shares at 25 pence apiece.Kromek shares were trading up 0.7% on Monday at of

Read more
7 Feb 2019 11:46

Kromek To Raise GBP21 Million To Fund Expansion Of Medical Unit (ALLISS)

LONDON (Alliance News) - Kromek Group PLC on Thursday said it intends to raise up to GBP21 million before expenses through a share placing and open offer.The supplier of detection will 80.0

Read more
28 Jan 2019 15:44

Kromek wins new $58m medical imaging contract

(Sharecast News) - Detection technology provider Kromek has been awarded a new contract by an existing OEM customer, it announced on Monday, expected to be worth a minimum of $58.1m over a seven-year period.

Read more
28 Jan 2019 09:16

Kromek Signs New USD58 Million Multi-Year Medical Imaging Deal

LONDON (Alliance News) - Medical, security and nuclear detector supplier Kromek Group PLC said Monday it secured a USD58 million multi-year contract with an existing medical imaging seven-year an

Read more
14 Jan 2019 08:28

Kromek Interim Loss Widens On Facility Move, Confident For Full Year

LONDON (Alliance News) - Shares in Kromek Group PLC fell sharply Monday after the radiation detection company posted a widened loss and lower revenue for the first half due to production from of a

Read more
14 Jan 2019 08:24

Kromek losses widen but margins improve

(Sharecast News) - Detection technology supplier Kromek saw losses widen in the first half of its trading year despite improving margins and narrowing costs throughout the period.

Read more
10 Dec 2018 10:44

Kromek wins $2m threat-detection contract with US DoD

(Sharecast News) - Kromek was on Monday awarded its first contract for biological-threat detection by the Defense Advanced Research Projects Agency (DARPA), an agency of the US Department of Defense.

Read more
19 Nov 2018 10:16

Kromek wins $7.8m baggage screening contract

(Sharecast News) - Kromek on Monday secured a new long-term supply contract to develop and deploy next-generation detector modules for a minimum of $7.8m.

Read more
27 Sep 2018 13:02

Kromek secures funding from US Defense Threat Reduction Agency

(Sharecast News) - Kromek has been awarded $1.8m in funding from the US Defense Threat Reduction Agency in order to develop a next-generation radiation-detection device to meet future military challenges.

Read more
20 Aug 2018 08:34

Kromek secures two new contracts worth $1m

(Sharecast News) - Radiation detection technology company Kromek has secured two contracts worth a total of $1m, with a new original equipment manufacturer customer and an existing bone mineral densitometry (BMD) customer, it announced on Monday.

Read more
23 Jul 2018 13:25

Kromek secures US government contracts worth at least $2.6m

(Sharecast News) - Radiation detection technology firm Kromek Group was on Monday awarded two new contracts from the US department of homeland security (DHS) and the defense threat reduction agency (DTRA).

Read more
1 May 2018 12:17

Kromek Expects Full Year Breakeven As Results In Line With Forecasts

LONDON (Alliance News) - Radiation detection firm Kromek Group PLC said Tuesday it expects full year profit and revenue growth to be in line with market expectations as new and existing contracts

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.