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Pin to quick picksMarlowe Share News (MRL)

Share Price Information for Marlowe (MRL)

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UK TRADING UPDATE SUMMARY: CentralNic Happy With KeyDrive Performance

Mon, 02nd Nov 2020 21:56

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

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CentralNic Group PLC - domain name registry and registrar services firm - Says KeyDrive SA, bought in 2018, has performed well in financial 2019. As a result, USD2.2 million in additional consideration is payable to Inter.Services GmbH. CentralNic says USD336,750 will be settled in cash and the remainder via the issue of 1.7 million shares. Inter.Services may still earn up to USD1.4 million in additional consideration in future. "We have been delighted with the performance of KeyDrive ever since its acquisition over two years ago," says CentralNic Chief Executive Ben Crawford. Separately announces the completion of its acquisition of the Zeropark and Voluum businesses for USD36 million. "This earnings-enhancing acquisition will greatly complement our existing, fast-growing monetisation business, while providing numerous opportunities for revenue and cost synergies," says Crawford.

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Marlowe PLC - London-based safety & compliance services firm - Buys Black & Banton Occupational and Physical Health Ltd for an initial consideration of GBP1.1 million. Black & Banton provides occupational health services to businesses in the North of England and Scotland. For the year ended April 30, Black & Banton generated pretax profit of GBP400,000 on revenue of GBP1.7 million. The total enterprise value of up to GBP1.5 million includes a contingent cash earn-out of up to GBP400,000.

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Kefi Gold & Copper PLC - gold explorer in Ethiopia and Saudi Arabia - Confirms the recommencement of drilling at the company's Hawiah project in Saudi Arabia. "The Hawiah deposit remains open at depth and beyond the existing 4km strike. Increasing copper grades intersected in the previous deepest drill hole at the Camp Lode indicate an excellent opportunity to add additional high-grade copper-gold resources during this phase of drilling," says Executive Chair Harry Anagnostaras-Adams.

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Anglo Asian Mining PLC - copper & gold producer in Azerbaijan - Reports updated mineral resources and ore reserves for the Gedabek open pit and Gadir underground mine located at the company's Gedabek licence area in Western Azerbaijan. Says Gedabek open pit total mineral resources of 735,000 ounces of gold and 69,100 tonnes of copper. Says total mineral resources of 267,000 ounces of gold and 2,183 tonnes of copper for Gadir underground mine. "I am delighted to announce these latest JORC estimates for the Gedabek open pit and Gadir underground mines. These show the economically mineable Ore Reserves remaining in the open pit mine amount to 284,000 ounces of gold and 26,000 tonnes of copper. The economically mineable Ore Reserves for the Gadir underground mine amount to 49,000 ounces of gold and 191 tonnes of copper," says Chief Executive Reza Vaziri.

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Adriatic Metals PLC - Cheltenham-based exploration & development firm - Has entered into a Deed of Settlement and Release with Sandfire Resources Ltd, where both parties have agreed to settle the dispute relating to proceeding CIV 1820 of 2020 brought by Sandfire against Adriatic in the Supreme Court of Western Australia. Sandfire has agreed to pay Adriatic AUD8.6 million in cash for the issue of 4.8 million chess depository interests in the company, pursuant to Sandfire's anti-dilution right under the previously announced collaboration and strategic partnership deed.

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Yamana Gold Inc - Canadian-based precious metals producer - Agrees to buy all of the outstanding shares of Monarch not already owned by Yamana under a plan of arrangement for consideration, including cash and shares, of approximately CAD152 million. "The acquisition provides Yamana with a high-quality project with a significant mineral reserve and mineral resource base and excellent potential for further expansion," the company says.

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Castillo Copper Ltd - Australia and Zambia focused base metal explorer - Reports "encouraging" results from a recently completed systematic infill soil sampling campaign at its 100% owned Mkushi Project in Zambia's copper-belt. Says results confirmed eight target areas with significant copper anomalism and strike lengths. "We continue to make good progress in Zambia across multiple assets. These soil anomaly results from Mkushi are highly encouraging since they extend mineralisation along strike from a known operating copper mine," says Castillo Copper's UK-based director Ged Hall.

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By Lucy Heming; lucyheming@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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30 Apr 2024 15:44

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(Sharecast News) - Analysts at Berenberg slightly lowered their target price on business-critical services and software firm Marlowe from 720.0p to 710.0p on Tuesday but said the group's divestment of certain Governance, Risk and Compliance software and service assets had left it with a "much cleaner and simpler-to-understand equity story".

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Marlowe to return £150m to shareholders in H1

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RBC Capital starts Marlowe at 'outperform'

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Marlowe shares shoot up after premium offer for software assets

(Alliance News) - Shares in Marlowe PLC jumped on Thursday, after the company accepted a lucrative offer for its software and services assets.

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Marlowe sells software and service assets in £430m deal

(Sharecast News) - Business service and regulatory software company Marlowe announced a deal to divest specific governance, risk and compliance (GRC) software and service assets on Thursday.

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28 Nov 2023 10:34

Marlowe interim profit falls as costs increase faster than revenue

(Alliance News) - Marlowe PLC on Tuesday reported a decline in half-year profit due to costs but noted progress at its integration programmes.

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28 Nov 2023 07:21

Marlowe shares tank after H1 results show £9m loss

(Sharecast News) - Shares in Marlowe sank on Tuesday morning after the safety and compliance software group swung to a statutory loss of nearly £9m in the first half despite what it called a "resilient" performance.

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13 Sep 2023 10:56

Marlowe starts new financial year on strong footing

(Sharecast News) - Regulatory compliance software and service provider Marlowe said in a trading update on Wednesday that it had started its new financial year on a strong note, with trading performances aligning with its projections.

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13 Sep 2023 10:23

IN BRIEF: Marlowe eyes "high" annual single digit organic growth

Marlowe PLC - London-based software & service provider for safety and regulatory compliance - Company started the financial year 2024 that began on April 1 well, Chair Kevin Quinn says ahead of Marlowe's annual general meeting on Wednesday, adding that it continues to deliver "strong" strategic progress with high single digit organic revenue growth between April 1 and July 31.

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6 Sep 2023 15:46

UK shareholder meetings calendar - next 7 days

Thursday 7 September 
Alpha Real Trust LtdAGM
Baillie Gifford UK Growth Trust PLCAGM
Chariot LtdAGM
Chaarat Gold Holdings LtdGM re sale of Chaarat Kapan
Currys PLCAGM
De La Rue PLCAGM
ECO Animal Health Group PLCAGM
Jet2 PLCAGM
LXI REIT PLCAGM
Monks Investment Trust PLCAGM
Montanaro European Smaller Cos Trust PLCAGM
Mulberry Group PLCAGM
PayPoint PLCAGM
Picton Property Income LtdAGM
Polar Capital Technology Trust PLCAGM
Powerhouse Energy Group PLCAGM
Semper Fortis Esports PLCAGM
Sivota PLCGM re directors' remuneration policy
Speedy Hire PLCAGM
Wise PLCAGM
XPS Pensions Group PLCAGM
Friday 8 September 
Berkeley Group Holdings PLCAGM
Byotrol PLCAGM
Gear4Music PLCAGM
JLEN Environmental Assets Group LtdAGM
Kenmare Resources PLCEGM re proposed tender offer
Mid Wynd International Investment Trust PLCAGM
SVM UK Emerging Fund PLCAGM
Monday 11 September 
SDCL Energy Efficiency Income Trust PLCAGM
Tuesday 12 September 
DWF Group PLCGM re cash acquisition by Aquila Bidco Ltd
Northern Bear PLCAGM
RC365 Holding PLCAGM
Rockwood Strategic PLCAGM
Sure Ventures PLCAGM
Warehouse REIT PLCAGM
Wednesday 13 September 
BH Macro LtdAGM
Castelnau Group LtdAGM
Creightons PLCAGM
Eckoh PLCAGM
Glantus Holdings PLCEGM re takeover by Basware
Hornby PLCAGM
Marlowe PLCAGM
Worsley Investors LtdAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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7 Aug 2023 11:08

Marlowe quashes rumours around its testing business

(Sharecast News) - Business software and regulatory compliance specialist Marlowe responded to "ongoing speculation" in relation to its testing, inspection and certification business on Monday.

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26 Jul 2023 10:48

Marlowe buys ISO certification provider IMSM for GBP17.4 million

(Alliance News) - Marlowe PLC on Wednesday said it bought ISO certification and quality management provider IMSM Holdings Ltd and International Management Systems Marketing Ltd, together known as IMSM, for an expected enterprise value of GBP17.4 million.

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TRADING UPDATES: Andrada raises GBP7.7 million; Ixico signs contract

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

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