Pressure Tech Share News (PRES)

AIM WINNERS & LOSERS: ScotGold drops two-thirds as gold grade declines

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

Pressure Technologies secures order; confirms delayed results

(Alliance News) - Pressure Technologies PLC on Monday said its wholly-owned subsidiary AI-Met Ltd has won a record GBP3 million order, but also noted that its financial 2022 results will be delayed.

UK shareholder meetings calendar - next 7 days

Pressure Technologies results of four financial years to be adjusted

(Alliance News) - Pressure Technologies PLC on Tuesday said that the results posted for its financial years 2019, 2020, 2021 and 2022 will be adjusted, following advice from its auditor Grant Thornton UK LLP.

AIM WINNERS & LOSERS: IOG shares plunge as North Sea well suspended

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

Pressure Technologies shares surge on GBP18 million UK naval contract

(Alliance News) - Pressure Technologies PLC shares jumped on Monday morning in London, after saying it won a GBP18.2 million contract.

Pressure Technologies hires replacement CFO, effective second quarter

(Alliance News) - Pressure Technologies PLC on Tuesday said it has appointed a new chief financial officer, effective from the second quarter of 2023, and replacing the resigning incumbent.

TRADING UPDATES: Zephyr Energy ups revenue outlook; Cap-XX wins order

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

Pressure Technologies CFO Locking to step down; proposes share placing

(Alliance News) - Pressure Technologies PLC on Tuesday announced James Locking intends to step down as chief financial officer from February 3, 2023.

Pressure Technologies dives 47% on expected full-year loss

(Alliance News) - Pressure Technologies PLC shares slumped on Tuesday as it said it now expects to post an adjusting loss for the year ending October 1.

AIM WINNERS & LOSERS: Manx profit soars; Pressure Tech under pressure

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

IN BRIEF: Pressure Tech completes GBP1.7 million sale and leaseback

Pressure Technologies PLC - Sheffield, England-based engineering firm - Completes the sale and leaseback of its freehold property occupied by Roota Engineering Ltd in Rotherham, England. Sale proceeds total GBP1.7 million. Company holds a 15-year lease on the property with an initial annual rent of GBP90,000, with a tenant-only break option at the end of years five and ten. Property has a net book value of GBP750,000 as of March 31. Proceeds from the sale will be used to reduce its banking facilities, the company adds.

IN BRIEF: Pressure Technologies posts interim loss, confident outlook

Pressure Technologies PLC - Sheffield, England-based engineering firm - In the six months to April 2, swings to a pretax loss of GBP2.3 million from a profit of GBP240,000 the previous year. Revenue falls 35% to GBP9.5 million from GBP14.5 million. Company explains that the reduced revenue figure reflects the expected phasing of defence contract activity and milestones for its Chesterfield Special Cylinders business, as well as a challenging environment for its Precision Machined Components business. At the end of its first half, the CSC order book stands at GBP14.5 million, its highest level for more than five years. PMC's order book is at its highest level since August 2020, the company adds.

TRADING UPDATES: Impellam and Maintel in profit; Curtis Banks prospers

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

UK shareholder meetings calendar - next 7 days