Less Ads, More Data, More Tools Register for FREE

Pin to quick picksKropz Plc Share News (KRPZ)

Share Price Information for Kropz Plc (KRPZ)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.875
Bid: 1.75
Ask: 2.00
Change: -0.325 (-14.77%)
Spread: 0.25 (14.286%)
Open: 2.35
High: 2.35
Low: 1.875
Prev. Close: 2.20
KRPZ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Avation extends easyJet lease; Abingdon wins deal

Mon, 06th Jun 2022 15:44

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

----------

Avation PLC - Singapore-based passenger aircraft leasing company - Agrees a 44-month lease term extension on an Airbus A320-200 aircraft operated by easyJet PLC, with the expiry date for the lease extended to October 2026 from March 2023.

----------

Abingdon Health PLC - lateral flow test developer and manufacturer - Signs deal to supply Taiwanese Arise Corp with 10 million Covid-19 antigen tests. "Abingdon will be launching, in calendar Q3 2022, a new e-commerce site, which will feature a range of lateral flow self-tests and professional-use tests under the Abingdon Simply Test brand. The Covid-19 test is one of these Abingdon Simply Tests," company adds.

----------

NetScientific PLC - London-based life sciences and sustainability technology investment firm - Portfolio firm PDS Biotechnology Corp granted US fast track designation for PDS0101 to be used in tandem with Merck & Co's Keytruda to treat recurrent or metastatic HPV16-positive head and neck cancer. The regulatory boost was awarded by the Food & Drug Administration.

----------

Renalytix PLC - London-based diagnostics company focused on kidney health - Says KidneyIntelX product successfully risk-stratified adult sufferers of type 2 diabetes and early-stage chronic kidney disease for outcomes including hospitalisation, heart failure and death.

----------

MGC Pharmaceuticals Ltd - Perth, Australia-based medicinal cannabis company - Says results from phase II clinical trial for Dementia treatment CogniCann show the product inhibits deterioration of behaviour in Dementia patients. This includes aggressive behaviour and agitation.

----------

Blencowe Resources PLC - miner focused on developing the Orom-Cross graphite project and Akelikongo nickel project in Uganda - Says final stage five metallurgical test results at Orom-Cross graphite project highlight quality of end product. "Over the coming months, additional post processing work for new potential applications for Orom-Cross graphite products will be completed. This work will support the progressive sales and marketing strategy focusing on both traditional and advanced graphite applications including both Primary and Secondary Battery Markets where is it expected the demand ahead for qualified graphite products will continue to expand and grow," Blencowe adds.

----------

Vaalco Energy Inc - Houston, Texas-based hydrocarbon exploration company - Drills South Tchibala 1HB-ST well in offshore Gabon. Discovers "significant columns of multiple hydrocarbon bearing sands" at Dentale interval. "With the drilling of the South Tchibala 1HB-ST well and completion in the Deep Dentale interval, Vaalco will add new reserves and production that were not previously in our 2P reserve base," Chief Executive Officer George Maxwell says.

----------

Oilex Ltd - Perth-based developer of natural gas assets - Says Cambay production in May averages 240,000 standard cubic feet per day of gas. "The majority of the production has been from the C-73 well but production from the C-77H well has been intermittently co-mingled to provide a route to higher production levels," Oilex says. Explains low pressure grid constraints have limited output rates to current roughly 300,000 scfd level. "The low pressure grid constraints are being addressed by the grid operator which will allow for higher production rates from the field," Oilex adds. "All major service and equipment have been secured for the planned C-77H re-frac operation. Currently, the workover rig is scheduled to be mobilised mid-June 2022 in order to prepare the C-77H well for fraccing operations, scheduled for mid-July 2022."

----------

Kropz PLC - African phosphate developer - Receives South African Reserve Bank approval for ZAR177 million, about GBP9.2 million, convertible equity facility from major Kropz shareholder ARC Fund. Says first ZAR103.5 million drawdown made last week Thursday.

----------

Coro Energy PLC - London-based gas explorer - Says production at Sillaro field recommences successfully after temporary suspension following a period of unexpectedly hot weather which caused more moisture to be produced. Coro adds: "Changes to the operation of the gas processing facility including the gas stripping rate for glycol regeneration, have seen significant improvements relating to the moisture in the sales gas bringing it well within the specifications required by the pipeline operator."

----------

Focusrite PLC - High Wycombe, Buckinghamshire-based music and audio products company - Launches Vocaster, an audio tools range of podcasters and other content creators. "The Vocaster range, starting at GBP189, is comprised of two standalone interfaces, Vocaster One and Vocaster Two, and two studio packs, Vocaster One Studio and Vocaster Two Studio. While Vocaster One is designed for the solo podcaster, Vocaster Two is designed for more dynamic shows that feature two hosts and/or audio segments. The studio packs contain Focusrite branded headphones and microphones, enabling users to begin recording high quality podcasts quickly and easily," Focusrite says.

----------

Schroder UK Public Private Trust PLC - London-based investment company focused on UK companies - Says investee Rutherford Health PLC has taken steps to wind-up company and appoint official receiver. The trust's holding in the oncology services provider was valued at GBP22.8 million on March 31. Due to uncertainty of outcome of proceedings, Schroder UK Public Private writes off the value of its holding in Rutherford, hitting net asset value per share by 2.5 pence.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
7 Jul 2022 19:31

IN BRIEF: Kropz draws down ZAR60 million from equity facility

Kropz PLC - African phosphate developer - Makes second drawdown on its ZAR177 million, around GBP8.8 million equity facility of ZAR60 million. Equity facility now has ZAR13.5 million remaining to be drawn down.

Read more
30 Jun 2022 12:17

EARNINGS UPDATES: Live Co revenue rises; Ovoca cautions on Russia

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

Read more
23 Jun 2022 16:02

UK shareholder meetings calendar - next 7 days

Friday 24 June 
AFC Energy PLCGM re fees for non-executive directors
Avast PLCAGM
Devolver Digital IncAGM
Entain PLCAGM
Gulf Keystone Petroleum LtdAGM
Hawkwing PLCAGM
Invesco Bond Income Plus LtdAGM
Life Science REITAGM
Northcoders Group PLCAGM
Princess Private Equity Holding LtdAGM
Monday 27 June 
Anglo-Eastern Plantations PLCAGM
Celadon Pharmaceuticals PLCAGM
Cizzle Biotechnology Holdings PLCAGM
Echo Energy PLCAGM
Medica Group PLCAGM
Pelatro PLCAGM
Surgical Innovations Group PLCAGM
Warpaint London PLCAGM
Tuesday 28 June 
4D Pharma PLCAGM
Acceler8 Ventures PLCAGM
Airtel Africa PLCAGM
Alina Holdings PLCAGM
Aquila Energy Efficiency Trust PLCAGM
Attraqt Group PLCAGM
Bay Capital PLCAGM
Capital & Counties Properties PLCAGM
CMO Group PLCAGM
Corre Energy BVAGM
Creo Medical Group PLCAGM
Futura Medical PLCAGM
Gama Aviation PLCAGM
ICG Enterprise Trust PLCAGM
ImmuPharma PLCAGM
IQE PLCAGM
Katoro Gold PLCAGM
Rockhopper Exploration PLCAGM
Sound Energy PLCAGM
TP Group PLCAGM
UK Oil & Gas PLCAGM
Volvere PLCAGM
Zegona Communications PLCAGM
Wednesday 29 June 
Africa Opportunity Fund LtdAGM
Argo Blockchain PLCAGM
Atome Energy PLCAGM
Brave Bison Group PLCAGM
Concurrent Technologies PLCAGM
Eden Research PLCAGM
Facilities by ADF PLCAGM
Gemfields Group LtdAGM
Golden Prospect Precious Metals LtdAGM
HeiQ PLCAGM
Helios Underwriting PLCAGM
Hurricane Energy PLCAGM
i(x) Net Zero PLCAGM
Lords Group Trading PLCAGM
MaxCyte IncAGM
Meggitt PLCAGM
Mobile Tornado Group PLCAGM
NB Distressed Debt Investment Fund LtdAGM
NetScientific PLCAGM
Provident Financial PLCAGM
RA International Group PLCAGM
Reabold Resources PLCAGM
Symphony Environmental Technologies PLCAGM
Team17 Group PLCAGM
ThinkSmart LtdGM re approval for capital return
Trinity Exploration & Production PLCAGM
URA Holdings PLCAGM
XP Factory PLCAGM
Zaim Credit Systems PLCAGM
Thursday 30 June 
3i Group PLCAGM
Ashtead Technology Holdings PLCAGM
Borders & Southern Petroleum PLCAGM
Caspian Sunrise PLCAGM
Cobra Resources PLCAGM
Crimson Tide PLCAGM
ECSC Group PLCAGM
Evraz PLCAGM
Gresham House Energy Storage Fund PLCAGM
GRIT Investment Trust PLCAGM
Gulf Marine Services PLCAGM
Hamak Gold LtdAGM
Hemogenyx Pharmaceuticals PLCAGM
Immotion Group PLCAGM
Inspiration Healthcare Group PLCAGM
Inspired PLCAGM
Jadestone Energy PLCAGM
Kanabo Group PLCAGM
Kropz PLCAGM
Likewise Group PLCAGM
Live Co Group PLCAGM
Location Sciences Group PLCAGM
LoopUp Group PLCAGM
M&C Saatchi PLCAGM
Microsaic Systems PLCAGM
Nostra Terra Oil & Gas CoAGM
Pathfinder Minerals PLCAGM
Playtech PLCAGM
Primorus Investments PLCAGM
Rockfire Resources PLCAGM
Roquefort Therapeutics PLCAGM
Sanne Group PLCAGM
Scottish Mortgage Investment Trust PLCAGM
Serica Energy PLCAGM
Supply@ME Capital PLCAGM
Surface Transforms PLCAGM
Synairgen PLCAGM
Tower Resources PLCAGM
Trainline PLCAGM
ValiRx PLCAGM
Victoria Oil & Gas PLCAGM
Watchstone Group PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
27 Apr 2022 12:35

IN BRIEF: Kropz shares sink on delay at Elandsfontein project

Kropz PLC - African phosphate developer - Reports slower than expected progress in the ramp up of operations at Kropz Elandsfontein Pty Ltd. Explains that the delay was largely caused by the need to re-engineer parts of the fine flotation circuit, "early unpredicted ore variability", and lack of operator experience. Says this will result in the production of sufficient phosphate rock concentrate for the first bulk sale to be achieved later in the second quarter than planned. Says delay will also result in in a funding requirement of ZAR58 million, roughly GBP2.9 million, at the end of April. In order to cover part of this, Kropz will draw down remaining ZAR33 million of a ZAR200 million conditional convertible equity facility and has agreed a further ZAR25 million bridge loan facility with ARC Fund.

Read more
27 Apr 2022 11:04

AIM WINNERS & LOSERS: LoopUp jumps up; Empyrean Energy comes up dry

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

Read more
7 Apr 2022 21:58

TRADING UPDATES: Financials Acquisition raises GBP150 million in IPO

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

Read more
18 Mar 2022 20:38

TRADING UPDATES: Angle US lab boost; Corcel to capitalise on nickel

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

Read more
18 Mar 2022 11:21

AIM WINNERS & LOSERS: Kropz up on phosphate production; Cenkos upbeat

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

Read more
18 Mar 2022 09:52

Kropz shares rise on first phosphate rock concentrate production

(Alliance News) - Kropz PLC shares jumped on Friday after the company said it achieved the first phosphate rock concentrate production from its Elandsfontein operation in the Western Cape in South Africa.

Read more
7 Mar 2022 11:16

Kropz shares up 25% as makes final draw down on new equity facility

(Alliance News) - Kropz PLC said on Monday it had made its fifth and final quarterly draw down request of USD200,000 under its new equity facility.

Read more
23 Dec 2021 19:05

IN BRIEF: Kropz sees introduction of first ore to Elandsfontein plant

IN BRIEF: Kropz sees introduction of first ore to Elandsfontein plant

Read more
22 Dec 2021 20:28

TRADING UPDATES: Camellia profit to beat forecasts; Cordel contract

TRADING UPDATES: Camellia profit to beat forecasts; Cordel contract

Read more
23 Nov 2021 20:27

TRADING UPDATES: CML Microsystems doubles dividend; Helical in profit

TRADING UPDATES: CML Microsystems doubles dividend; Helical in profit

Read more
21 Oct 2021 18:06

IN BRIEF: Kropz says all conditions of ZAR200 million facility met

IN BRIEF: Kropz says all conditions of ZAR200 million facility met

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.