Kromek Share News (KMK)

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.

UK shareholder meetings calendar - next 7 days

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.

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".

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.

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.

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:

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.

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.

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".

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.

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.

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.

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:

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.