Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPanther Metals Share News (PALM)

Share Price Information for Panther Metals (PALM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 4.65
Bid: 4.50
Ask: 4.80
Change: 0.00 (0.00%)
Spread: 0.30 (6.667%)
Open: 4.65
High: 4.65
Low: 4.65
Prev. Close: 4.65
PALM 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: Secure Trust lending up; Eurocell sales climb

Thu, 12th May 2022 15:35

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

----------

Secure Trust Bank PLC - Solihull, England-based savings accounts and lending services provider - New business lending rises 3.6% quarter-on-quarter to GBP488.2 million in first quarter. Annually, business lending volumes rise 53% from GBP318.5 million. "Record new business volumes have been delivered for successive quarters in both the Vehicle Finance and Retail Finance businesses," Secure Trust says. Core loan book rises 19% annually to USD2.57 billion, up 4.8% from fourth quarter of 2021. "Customer deposits were 4.1% higher at the end of the quarter, in line with loan book growth. The group's strong liquidity position reflects a pre-funding approach for the lending pipeline," Secure Trust says.

----------

Eurocell PLC - Derbyshire-based window, door and roofline PVC products maker - Says group sales in first four months of 2022 up 13% year-on-year, rising 39% from 2019 levels. Eurocell says: "The repair, maintenance and improvement market remains robust and we have kept pace with an exceptionally strong comparative period. Current indications are that RMI demand includes a greater emphasis on project-specific work, rather than the higher levels of maintenance activity experienced last year. We believe we are continuing to take market share and have made substantial progress compared to the equivalent period of 2019." Company names Derek Mapp as non-executive director and chair designate with effect May 16. Following handover, he takes over as chair from July 1, at which point Bob Lawson will retire. Mapp is also chair of Mitie Group PLC.

----------

Ideagen PLC - Nottingham-based information management, safety, risk and compliance software provider - Expects revenue for year ended April 30 to rise 41% year-on-year to GBP92.2 million from GBP65.6 million. Adjusted earnings before interest, tax, depreciation and amortisation to climb by a third to GBP30.5 million from GBP22.9 million.

----------

Mirada PLC - Surrey, England-based broadcasting technology firm - Says trading in year ended March 31 was in line with market expectations. Expects revenue of USD11 million, down a touch from USD11.1 million. Adjusted earnings before interest, tax, depreciation and amortisation edge down to USD1.6 million from USD1.7 million. Mirada says: "The directors believe that to deliver this performance despite virtually no new business activity taking place across the industry for the first half of the year, is testament to the resilience of Mirada's model and the strength of the relationships the company has with its customers, with many deepening their commercial agreements in the period."

----------

Kape Technologies PLC - Isle of Man-based digital security and privacy software provider - Says number of firm's privacy brands have expanded platforms, adding "several new features". Kape adds: "The launch of a number of highly innovative new products, in addition to enhanced features on existing solutions, is closely aligned with significant demand across the digital privacy sector. With the cybersecurity sector delivering its strongest quarter on quarter growth to-date, Kape continues to be firmly focused on delivering best-in-class privacy and security solutions that safeguard consumers' digital lives." Kape's ExpressVPN product adds online threat manager service, password manager and parallel connections offering to provide "speediest re-connection when moving between different networks".

----------

H&T Group PLC - Surrey, England-based pawnbroker - Says demand for pledge lending at record levels. H&T's pawnbroking pledge book grows to GBP78.3 million at end of April from GBP66.9 million at December 31. Also seeing "strong" demand for new and pre-owned jewellery and watches, with retail sales in line with "management expectations and very significantly ahead of the prior year". H&T adds: "[The] foreign exchange performance is recovering quickly as customers return to overseas holidays. Transaction volumes in recent weeks have returned to pre-pandemic levels and are expected to build further over the summer months. H&T will enhance its FX offering ahead of the peak summer period, including the re-introduction of an online service."

----------

FBD Holdings PLC - Dublin-based insurance company - Ahead of annual general meeting on Thursday, Chief Executive Tomas Midheach says firm's underwriting performance so far in 2022 has been in line with expectations. "While inflation continues to be experienced in property and motor damage claims, injury claims experience has been benign and there were no significant weather events," he says. Gross written premiums up 1% annually to date, after adjusting for the prior year's Covid-19 related premium rebates. However, "investment markets have been difficult year to date", Midheach says. On Covid-19 business interruption claims for its pub policies, FBD says provisions remain at EUR44 million. CEO adds: "We are engaging with the plaintiffs on the steps needed to bring final clarity for all concerned."

----------

Empresaria Group PLC - Crawley, West Sussex-based specialist staffing - Makes "encouraging start" to 2022, with "strong" growth in net fee income. On track to meet market expectations for 2022.

----------

Seraphim Space Investment Trust PLC - London-based investor in space technology - Says net asset value per share weakens 1.0% quarter-on quarter to 105 pence at March 31 third quarter end, from 104p. Company says this is "driven by the impact of weak equity markets on the value of listed portfolio companies".

----------

Various Eateries PLC - London-based chain of restaurants, clubhouses and hotels such as Coppa Club - Says trading in first half ended April 3 was robust, save for duration of Covid-19 plan B curbs made to stem spread of Omicron variant in UK. Revenue during half jumps more than five-fold to GBP17.8 million from GBP3.3 million a year prior, "driven by new site openings and reflecting fewer restricted periods of trading". Company adds: "Since 'Plan B' restrictions were lifted in January 2022, overall trading steadily recovered and has been in line with management expectations, despite various macro uncertainties." "The group is conscious that the industry-wide challenges currently faced, including labour shortages and increasing inflation, have heightened uncertainty. However, with a management team who have seen many periods of uncertainty before, the group is confident in its ability to successfully navigate the challenges while continuing to pursue its exciting growth strategy."

----------

Abingdon Health PLC - York, England-based rapid test developer and manufacturer - Teams with biomedical laboratory services provider Bimelix Ab for development of Lyme disease lateral flow self-test. "Abingdon and Bimelix have been collaborating for over 12 months on the feasibility of developing a Lyme disease LFT self-test. Under the terms of the agreement, Abingdon and Bimelix will jointly complete the development of the Lyme disease test and scale-up to manufacture, and will also be jointly responsible for the commercialisation of the test," Abingdon says.

----------

Poolbeg Pharma PLC - London-based pharmaceutical company - Signs GMP manufacturing deal to ensure "ample supply" of POLB 001 asset, which aims to address a significant unmet need in severe influenza. Asset will be used in the upcoming human challenge clinical trial due to start next month.

----------

Panther Metals PLC - mineral exploration in Canada - Reports update on Coglia nickel and cobalt project drilling work, following initial announcement by 37%-owned Panther Metals Ltd. Final assay results show "highest-grade intercepts of nickel and cobalt" across whole drill programme at the Western Australia-located asset. Panther Metals Ltd Managing Director Daniel Tuffin says work for mineral resource estimate begins immediately.

----------

Wishbone Gold PLC - Gibraltar-based precious metals trading and exploration company - Says heritage survey underway at Red Setter copper and gold project in Western Australia. "The aim of this survey is to increase access to peripheral targets, beyond those already cleared, where drilling will start in the next few weeks," Wishbone says.

----------

Caledonia Mining Corp PLC - gold producer with operations in Zimbabwe - Says revenue in first quarter of 2022 increases 36% to USD35.1 million from USD25.7 million. Pretax profit rises 46% to GBP12.5 million from GBP8.5 million. Says gold output rises 40% to 18,515 ounces from 13,197 ounces a year prior.

----------

Artemis Resources Ltd - Perth-based miner with gold, copper and cobalt projects in Australia - Completes heritage survey at Osborne nickel prospect, which is subject to farm-in joint venture with GreenTech Metals Ltd. GreenTech plans six drill holes. "This programme is anticipated to commence in June following receipt of the heritage clearance report," Artemis adds.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
5 Oct 2022 18:04

TRADING UPDATES: Reabold says Shell strikes Corallian deal

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

Read more
27 Sep 2022 13:18

EARNINGS UPDATES: tinyBuild interim profit jumps despite challenges

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

Read more
21 Sep 2022 21:56

IN BRIEF: Panther Metals finds anomalous gold areas at Manitou Lakes

Panther Metals PLC - mineral exploration in Canada - Says a gold focussed soil geochemical sampling programme at its Manitou Lakes project in Ontario, Canada identified anomalous areas of gold in the soil. Says a "significant" portion of the results returned "highly significant" gold.

Read more
21 Sep 2022 11:26

SMALL-CAP WINNERS & LOSERS: Hostmore falls as interim loss widens

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

Read more
13 Sep 2022 13:44

TRADING UPDATES: Kavango wins new licence; Tlou progresses at Lesedi

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

Read more
2 Aug 2022 18:21

IN BRIEF: Panther Metals raises GBP1.1 million to fund drilling work

Panther Metals PLC - mineral exploration in Canada - Raises GBP1.1 million through placing of 20.9 million shares at a price of 5.5 pence each. Placing price is 12% discount to Monday's closing share price of 6.25p.

Read more
27 Jul 2022 14:47

IN BRIEF: Panther Metals subsidiary starts follow-up drilling campaign

Panther Metals PLC - mineral exploration in Canada - Says its subsidiary Panther Metals Ltd has started the second round of drilling at Burtville East gold project. Says the programme will include both reverse circulation and diamond core, which is designed to follow up on shallow high-grade gold intercepts. Earlier this month, the company noted that results from hole BVE006 found 1 metre at 79.90 grams per tonne gold from 27 metres and 1 metre at 478.00 grams per tonne from 28 metres.

Read more
21 Jul 2022 22:01

TRADING UPDATES: Polymetal output falls; eEnergy revenue surges

(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
14 Jul 2022 21:44

TRADING UPDATES: Shield closer to Canada approval; Angle plans raise

(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
27 Jun 2022 21:15

TRADING UPDATES: 88 signs license agreement; Lekoil litigates

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

Read more
6 Jun 2022 15:58

UK shareholder meetings calendar - next 7 days

Tuesday 7 June  
Animalcare Group PLCAGM
Arix Bioscience PLCAGM
Centrica PLCAGM
Integrated Diagnostics Holdings PLCAGM
Kooth PLCAGM
Ondine Biomedical IncAGM
Osirium Technologies PLCAGM
SpaceandPeople PLCAGM
TruFin PLCAGM
Wednesday 8 June  
Ascent Resources PLCAGM
Cambridge Cognition Holdings PLCAGM
City Pub Group PLCAGM
DP Eurasia NVAGM
Gem Diamonds LtdAGM
Hiro Metaverse Acquisitions I SAAGM
Itaconix PLCAGM
M&G Credit Income Investment Trust PLCAGM
Nostrum Oil & Gas PLCAGM
Parity Group PLCAGM
Petards Group PLCAGM
Safestyle UK PLCAGM
Savannah Resources PLCAGM
Third Point Investors LtdAGM
Woodbois LtdAGM
Thursday 9 June 
4basebio PLCAGM
Northbridge Industrial Services PLCGM re name change to Crestchic
Funding Circle Holdings PLCAGM
Northbridge Industrial Services PLCAGM
Dignity PLCAGM
Corero Network Security PLCAGM
Kosmos Energy PLCAGM
Kistos PLCAGM
Tungsten Corp PLCGM re Kofax Offer
BioPharma Credit PLCAGM
Checkit PLCAGM
Panther Metals PLCAGM
Instem PLCAGM
Kore Potash PLCAGM
Rambler Metals & Mining PLCAGM
Xpediator PLCAGM
Round Hill Music Royalty Fund LtdAGM
REA Holdings PLCAGM
Invesco Perpetual UK Smaller Companies Investment Trust PLCAGM
BlackRock Smaller Companies Trust PLCAGM
Friday 10 June 
Chariot LtdAGM
MP Evans Group PLCAGM
THG PLCAGM
Ergomed PLCAGM
Ultra Electronics Holdings PLCAGM
XLMedia PLCAGM
Monday 13 June 
Angus Energy PLCGM re second tranche of subscription shares and warrants
Elixirr International PLCAGM
Ocean Outdoor LtdGM re takeover by Atairos Group Inc
Jupiter Emerging & Frontier Income Trust PLCGM re voluntary liquidation
Mirriad Advertising PLCAGM
Saga PLCAGM
Spectra Systems CorpAGM
VPC Speciality Lending Investments PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
3 May 2022 15:12

IN BRIEF: Panther Metals finishes drilling at Eight Foot Well prospect

Panther Metals PLC - mineral exploration in Canada - Says its subsidiary Panther Australia completed the 38 hole to 2,500 meters at the Eight Foot Well gold prospect in Western Australia. Says the drill samples will be submitted for laboratory analysis and that the assay results will be reported when available. Notes that the drill rig has now relocated to the Burtville East gold prospect located within the Merolia gold project, where reverse circulation drilling is expected to start immediately.

Read more
29 Apr 2022 14:26

IN BRIEF: Panther Metals narrows loss; sees itself in strong position

Panther Metals PLC - mineral exploration in Canada - Reports narrowed annual loss for 2021. Pretax loss narrows to GBP126,269 from GBP668,198 in 2020. Firm sees an ongoing impact from Covid-19 related restrictions on exploration staffing, permitting and logistics. Especially travel restrictions into Ontario impacted the business, the company says. "However, with a growing local network of contractors, Panther was able to progress work across the Canadian projects," it adds. Noting the rising gold price, the firm sees itself in a strong position.

Read more
22 Apr 2022 15:17

TRADING UPDATES: Itaconix fundraise; Graft Polymer, MGC in patent wins

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

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.