George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here

Less Ads, More Data, More Tools Register for FREE
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

Latest Share Chat

Pin to quick picksPlaza Share News (PLAZ)

Share Price Information for Plaza (PLAZ)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 50.00
Bid: 40.00
Ask: 60.00
Change: 0.00 (0.00%)
Spread: 20.00 (50.00%)
Open: 50.00
High: 50.00
Low: 50.00
Prev. Close: 50.00
PLAZ 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: Strong trading from Shoe Zone, Fulham Shore

Wed, 31st Aug 2022 16:07

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

----------

Polarean Imaging PLC - London-based medical‑imaging technology - For the first half of 2022, pretax loss widens to USD6.9 million from USD4.9 million, due to rising costs from supporting the resubmission of a new drug application and the building of infrastructure to support launching products, more than offsetting a 34% increase in revenue to USD834,087 from USD621,874 from the sale of polariser systems to McMaster University in Ontario, Canada and Cincinnati Children's Medical Center.

----------

Shoe Zone PLC - Leicester, England-based footwear retailer - Since late July, trading exceeds expectations on strong demand for summer and back to school products in August. As a result, adjusted pretax profit for the year ending October 2 is set to be at least GBP10.5 million, up from GBP9.5 million the year before.

----------

Fulham Shore PLC - owner of the Franco Manca restaurant chain - Trading for the company's financial year to date, remains in line with management expectations, despite turmoil in the UK economy, as well as train and tube strikes. Over the year, opens nine Franco Mancas, and one The Real Greek, bringing its total restaurant estate to 90. Remains on-track to deliver 18 new restaurants in the current financial year ending March 2023.

----------

Flowtech Fluidpower PLC - supplier of technical fluid power products - For the six months ended June 30, pretax profit rises 35% to GBP3.1 million from GBP2.3 million the same period a year before, on revenue which grows 3.9% year-on-year to GBP57.5 million from GBP55.3 million, as the Flowtech business rose in strong pricing, while the Fluidpower businesses grew on a stronger hydraulics market. Looking ahead, company says its visibility for the Flowtech business behind the short term is limited, and as a result will focus on monitoring short term demand variations.

----------

Clarify Pharma PLC - London-based investor in psychedelics companies - For the six months ended May 31, pretax loss narrows to GBP297,169 from GBP472,748 the same period a year before, mainly due to lower administrative costs. Cash position stands at GBP1.2 million at the end of May, as the company continues to look for opportunities in the psychedelics market.

----------

GRC International Group PLC - Ely, England-based provider of products and services for IT governance, risk management and compliance - For the year ended March 31, pretax loss narrows to GBP1.0 million from GBP2.2 million, on revenue which grows 18% year-on-year to GBP13.9 million from GBP11.8 million, as billings rise 20% to GBP14.8 million from GBP12.3 million. Looking ahead, GRC notes strong momentum has continued into the first five months of its current financial year, as trading remains in line with expectations.

----------

Alba Mineral Resources PLC - mineral exploration company focused on northern Europe - For the six months ended May 31, pretax loss widens to GBP815,000 from GBP568,000 the same period a year prior, due to higher costs due to there being a second AIM-listed entity within the group during the period. Looking ahead, Alba says it is in a strong position to generate growth across its portfolio of assets.

----------

James Latham PLC - Hertfordshire-based distributor of timber, panels and decorative surfaces - For the fourth four months of its current financial year from April 1 to July 31, stands at GBP142 million. " This represents an increase in sales per working day of 15% compared with the same period last year," company adds. This is due to stable prices more than offsetting a slight drop in volumes. Although customers remain busy, James Latham notes signs of weakness in some sectors, including inflation, reduced consumer confidence and higher interest rates being reasons for dampening demand.

----------

Plaza Centers NV - property investor in India - For the first half of 2022, pretax loss narrows to EUR6.3 million from EUR8.9 million the same period a year before, as a result of lower costs across the board, and an increase in revenue to EUR146,000 from EUR125,000 year-on-year. Mainly, there is a drop in finance costs due to a foreign currency gain on bonds.

----------

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
2 Apr 2024 17:39

Plaza Centers focused on Casa Radio as attributable loss widens

(Alliance News) - Plaza Centers NV on Tuesday sad it remained focused on unblocking the current status of the Casa Radio project in Romania.

Read more
25 Mar 2024 13:28

IN BRIEF: Plaza Centers notes positive outcome on India probe in EPIM

Plaza Centers NV - Amsterdam-headquartered property investor with interests in Europe and India - Following announcement in March last year on the Indian tax authorities conducting search and seizure operation at the offices of Elbit Plaza India Management Services Private Ltd, says EPIM receives a "favourable order". Says the probe for one of the three years under investigation is completed without imposing any liability on EPIM. "Inquiry into the remaining periods of the investigation is continuing and the company will update on any development," Plaza Centers says. EPIM is a private company wholly owned by Elbit Plaza India Real Estate Holdings Ltd.

Read more
4 Dec 2023 19:51

IN BRIEF: Plaza Centers extends long-stop date for proposed disposal

Plaza Centers NV - Amsterdam-headquartered property investor with interests in Europe and India - Further to previous announcements regarding the pre-sale agreement with AFI Europe NV for the sale of its subsidiary which holds 75% in the Casa Radio Project both parties have agreed to extend to the long stop date to December 31, 2024.

Read more
30 Oct 2023 15:45

UK shareholder meetings calendar - next 7 days

Tuesday 31 October 
Bowen Fintech PLCAGM
City of London Investment Trust PLCAGM
Crimson Tide PLCGM re share consolidation
Indus Gas LtdAGM
New Energy One Acquisition Corp PLCAGM
Newmark Security PLCAGM
Tlou Energy LtdAGM
Walls & Futures REIT PLCAGM
Wednesday 1 November 
BHP Group LtdAGM
Ferro-Alloy Resources LtdAGM
Frontier Developments PLCAGM
JP Morgan Mid Cap Investment Trust PLCAGM
Stranger Holdings PLCGM re reverse takeover of Mayflower Energy
Tavistock Investments PLCAGM
Thursday 2 November 
Instem PLCGM re takeover by Archimed
JPMorgan Global Growth & Income PLCAGM
Tintra PLCAGM
Tintra PLCGM to approve new auditors
Friday 3 November 
Cap-XX LtdAGM
Finsbury Food Group PLCGM re takeover by Frisbee Bidco
Jubilee Metals Group PLCAGM
Monday 6 November 
Plaza Centers NVAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
31 Aug 2023 20:29

IN BRIEF: Plaza Centers loss narrows strongly on finance income surge

Plaza Centers NV - Amsterdam-headquartered property investor with interests in Europe and India - Pretax loss in the six months to June 30 narrows significantly to EUR601,000 from EUR6.3 million a year prior. Revenue grows 23% to EUR180,000 from EUR146,000. Notably, finance income surges to EUR6.3 million from EUR884,000. Finance costs increase 2.9% to EUR6.0 million from EUR5.8 million. Looking ahead, company says: "The company's priorities are focused on efforts to sign definitive sale agreement of Casa Radio project. The company also intends to seek for bondholders' approval for postponement of the repayment of the bonds. In addition, the company intends to continue the cost-cutting of its operational cost."

Read more
13 Jul 2023 17:16

IN BRIEF: Elbit Imaging reduces Plaza Centers holding to 20%

Plaza Centers NV - Amsterdam-headquartered property investor with interests in Europe and India - Says since announcement on March 31, Elbit Imaging Ltd has sold about 14,600 shares for an average price of ILS1.578 each for a total ILS23,000 (around GBP4,857). This reduces Elbit Imaging Holdings's interest to around 20%.

Read more
12 Jul 2023 17:20

IN BRIEF: Plaza Centers receives default notice regarding Casa Radio

Plaza Centers NV - Amsterdam-headquartered property investor with interests in Europe and India - Receives a notice of default from the Ministry of Finance in Romania under the public-private partnership contract governing the Casa Radio Project. Denies all claims formulated by the Ministry of Finance, including any made in the ongoing International Centre for the Settlement of Investment Disputes arbitration with Romania.

Read more
19 Jun 2023 16:00

IN BRIEF: Plaza Centers settles with two lawsuit respondents

Plaza Centers NV - Amsterdam-headquartered property investor with interests in Europe and India - Announces that Plaza and Elbit Imaging Ltd have reached settlement with two respondents in ongoing lawsuit in Israel. Lawsuit was filed with the District Court in Tel-Aviv by Plaza and Elbit in October 2020 against certain officers of both companies, certain heirs of former controlling shareholder Motti Zisser, who is now dead, and other parties involved in a 2011 sale of US shopping centres. Brokerage fees for this transaction were allegedly illegally transferred to private companies controlled by Zisser. District Court approves the settlement agreement and imposes a publication ban on its details. Provisions indicate that Plaza's portion, after deducting expenses, is "a few hundred thousand euros" and should be received over a period of several months. Plaza and Elbit will continue to handle legal proceeding in District Court; each party shall maintain all claims in main proceeding.

Read more
12 Jun 2023 10:29

Plaza Centers further updates on EUR367.7 million claim over Romania

(Alliance News) - Plaza Centers NV on Monday said that Romania's application has been rejected in a litigation update regarding its Casa Radio project dating back to May 2022.

Read more
1 Jun 2023 14:33

IN BRIEF: Plaza Centers lawsuit appeal granted by Supreme Court

Plaza Centers NV - Amsterdam-headquartered property investor with interests in Europe and India - Says its appeal against dismissal of lawsuit against various entities was accepted yesterday by the Supreme Court of Israel. Lawsuit was filed with the District Court in Tel-Aviv by Plaza and Elbit Imaging Ltd in October 2020 against certain officers of both companies, certain heirs of their former controlling shareholder Motti Zisser, deceased, and other parties involved in a 2011 sale of US real estate properties. Brokerage fees for this transaction were allegedly illegally transferred to private companies controlled by Zisser. District Court approved defendant Philip Meyer's application for dismissal of the lawsuit against him. Plaza and Elbit appealed in November 2021. Both companies will continue handling legal proceedings in the District Court while each party maintains all claims in the main proceeding.

Read more
11 Apr 2023 14:35

IN BRIEF: Plaza Centers updates on EUR367.7 million claim over Romania

Plaza Centers NV - Property investor in India - Provides update on claim against Romania regarding the Casa Radio project, filing its memorial and supporting evidence at the International Centre for the Settlement of Investment Disputes. Says it seeks full compensation for its losses with respect to the project, currently estimated to be up to EUR367.7 million as at March 31. Follows last announcement in May 2022, when it issued a request for arbitration against Romania.

Read more
29 Mar 2023 17:35

TRADING UPDATES: Plaza Centers loss narrows; 450 eyes investments

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

Read more
27 Mar 2023 13:28

IN BRIEF: Plaza Centers notes India tax investigators conduct search

Plaza Centers NV - property investor in India - Notes investigators on behalf of the India state tax authority arrived at the offices of Elbit Plaza India Management Services Private Ltd on Monday, which is a private company wholly owned by Elbit Plaza India Real Estate Holdings Ltd.

Read more
13 Dec 2022 20:38

TRADING UPDATES: Savannah Energy ends deal; Plaza signs addendum

(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 Sep 2022 10:56

IN BRIEF: Plaza Centers completes sale of Bangalore site

Plaza Centers NV - property investor in India - Completes the sale of India Real Estate Holdings Ltd rights in a site in Bangalore, India. Sells for a total of EUR14.3 million. The company expects to receive EUR5.2 million from the disposal. The sale follows a lengthy dispute between Elbit and an unnamed local investor. India Real Estate is a subsidiary of the company which is held equally with Elbit Imaging Ltd.

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.