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Pin to quick picksPressure Tech Share News (PRES)

Share Price Information for Pressure Tech (PRES)

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Share Price: 37.50
Bid: 36.00
Ask: 39.00
Change: 0.00 (0.00%)
Spread: 3.00 (8.333%)
Open: 37.00
High: 37.50
Low: 36.50
Prev. Close: 37.50
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Small caps round-up: MobilityOne, Delta, Playtech...

Tue, 08th Dec 2009 08:52

Shares in MobilityOne jumped after the electronic payments group said it had raised £365,000 through a placing 'for general capital purposes.'Shares in Baltic Oil Terminals, which has port operations for the shipment of oil in the Russian territory of Kaliningrad, jumped after it said had agreed to create a joint venture with Swiss-based oil group Exoy for the sale of refined oil products.Metals treater Delta's triennial actuarial valuation of its pension plan has revealed assets a deficit of £48.5m. Annual contributions of £6.3m will be required and will be made annually on 31 March until 2018.Playtech is to acquire Gaming Technology Solutions, a growing gaming software business and one of the largest game aggregators in the industry, for €10.8m and further profit=realted considerations up to a maximum €21.6m. GTS has developed its Enhanced Gaming Engine (EdGE) open gaming platform which provides access to products from a diverse range of game developers and content providers.Oil and gas equipment supplier Pressure Technologies has seen orders fall sharply to £16m at end September from £24m at the end of last year. PT hasn't seen orders as low as this since 2007, it says. Profits last year were flat at £5.1m on revenues of £26.2m, up 10%. Underlying operating profit increased to £5.4m (2008: £4.9m). The dividend for the year rises by 10% to 6.6p.Neuropharm says bid talks are progressing with an expanded number of third parties. Although discussions are at an early stage, shareholder value is more likely to be maximised through seeking a sale or merger partner which will be better placed to fund its clinical development portfolio. Traffic surveyor Sky High posted a profit of £113,000 (2008: £310,000) for the six months to September. Turnover was £2.58m in the period compared with £2.71m in the same period the previous year. Trading in the first two months of the second half has been strong. The interim dividend is 0.5p.Kedco, the Irish-based energy group focusing on green-energy production in the UK and Ireland, has signed a joint venture agreement in relation to a 4 megawatt gasification project located in Newry, Northern Ireland. Total financing for the project will be in the order of £15m, of which about £5m will be provided by Kedco. The majority of Kedco's investment represents cash payments already made in developing the project to date.Shares in African Medical, which provides healthcare to the African middle classes and expatriates in the continent, jumped after it signed an agreement insurer Interhealth Technologies, which will direct customers to African Medical's private boutique hospitals, trauma centres and clinics.Security systems software developer Intercede saw revenues climb by 42% to £2.8m in the six months to September 30, but pre-tax profits fell to £85,000 from £222,000.African conglomerate Lonzim's 60% owned subsidiary Celsys, which invests in Zimbabwe, has eported improving trading in the southern African country. 'Continuing improvements to the economy are being reflected in increasing confidence by international investors, specifically Lonzim, who as majority shareholder of Celsys has provided lines of credit and working capital support to the Company that have facilitated the company being in a strong position to rapidly gain market share as the Zimbabwe economy recovers,' said Celsys.Electrical component maker e2v technologies received 97.75% acceptances for its £34m fully underwritten rights issue at 70p.China's Green Dragon Gas is debt free after raising $75m from a share issue to BlackRock at $6.25 each and using $55m to redeem in full the outstanding convertible bond.
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14 Mar 2024 16:46

Pressure Technologies positive as subsidiary secures "major" contracts

(Alliance News) - Pressure Technologies PLC on Thursday announced that its wholly owned subsidiary, Chesterfield Special Cylinders Ltd, has been awarded two "major" contracts in the defence and green energy sectors.

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14 Mar 2024 15:07

UK shareholder meetings calendar - next 7 days

Friday 15 March 
BlackRock Energy & Resources Income Trust PLCAGM
Chrysalis Investments LtdAGM
Quantum Exponential Group PLCGM re delisting from AQSE
TruSpine Technologies PLCAGM (adjourned 2022)
Monday 18 March 
MGC Pharmaceuticals LtdGM re change of company name to Argent Biopharma
Schroder European Real Estate Investment Trust PLCAGM
Tuesday 19 March 
BlackRock Throgmorton Trust PLCAGM
Crest Nicholson Holdings PLCAGM
Eco Animal Health Group PLCGM re share buybacks
Gresham House Renewable Energy VCT 1 PLCAGM
Gresham House Renewable Energy VCT 2 PLCAGM
Nuformix PLCAGM
Scirocco Energy PLCGM re requisitioned resolution to implement cash strategy
Various Eateries PLCAGM
Wednesday 20 March 
abrdn Property Income Trust LtdGM re merger with Custodian Property Income REIT PLC
BSF Enterprise PLCAGM
CEPS PLCGM re capital reduction
MTI Wireless Edge LtdAGM & EGM re appointing Hani Lerman as external director
United Oil & Gas PLCGM re fundraise and share sub-division
Thursday 21 March 
Athelney Trust PLCAGM
LungLife AI IncSpecial meeting re placing and subscription
Pressure Technologies PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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14 Mar 2024 10:45

Pressure Technologies secures two 'major' contract wins

(Sharecast News) - Engineering group Pressure Technologies said on Thursday that it has been awarded two major contracts, in the defence and green energy sectors.

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11 Mar 2024 13:09

IN BRIEF: Xeros Technology promotes Alex Tristram to finance director

Xeros Technology Group PLC - Rotherham, England-based laundry technology developer - Promotes Alex Tristram to finance director. Tristram joined Xeros as group financial accounting manager in January 2018, was appointed as director of Finance in March 2023. Prior to joining Xeros, he was group accountant and finance director of the Alternative Energy division at Pressure Technologies PLC. Pressure Technologies is a Sheffield, England-based engineering firm.

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30 Jan 2024 12:04

EARNINGS: Accrol swings to interim profit; Pressure Tech revenue up

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

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16 Nov 2023 19:55

TRADING UPDATES: AMTE Power in subscription deal, launches placing

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

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24 Oct 2023 20:21

TRADING UPDATES: System1 revenue jumps; Volex takes cyber hack charge

(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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3 Oct 2023 13:53

Pressure Technologies flags slight full-year earnings miss

(Sharecast News) - Specialist engineering firm Pressure Technologies projected full-year revenue of £32m in a post-close trading update on Tuesday, making for a 28% like-for-like expansion year-on-year.

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3 Oct 2023 10:57

Pressure Technologies expects revenue growth, swing to adjusted profit

(Alliance News) - Pressure Technologies PLC on Tuesday said it expects revenue to grow and to swing to profit in the financial year that ended on September 30.

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27 Jun 2023 10:53

Pressure Tech revenue lifted by defence orders and oil & gas recovery

(Alliance News) - Pressure Technologies PLC on Tuesday said half-year revenue increased due to a strong performance across its businesses, and it is well-placed to record full-year growth.

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6 Jun 2023 15:47

UK shareholder meetings calendar - next 7 days

Wednesday 7 June 
City Pub Group PLCAGM
Gem Diamonds LtdAGM
Gulf Marine Services PLCAGM
Hostmore PLCAGM
LXi REIT PLCAGM
Pennant International Group PLCAGM
Third Point Investors LtdAGM
United Oil & Gas PLCAGM
Xpediator PLCGM re takeover by DLM Bidco
Thursday 8 June 
Ashtead Technology Holdings PLCAGM
Camellia PLCAGM
Checkit PLCAGM
Churchill China PLCAGM
CRH PLCCourt Meeting and EGM re proposal to transfer the company's primary listing to NYSE
Downing Renewables & Infrastructure Trust PLCAGM
Fair Oaks Income LtdAGM
Fusion Antibodies PLCGM re result of retail offer
Genflow Biosciences PLCAGM
Glenveagh Properties PLCAGM
Kavango Resources PLCAGM
Kosmos Energy LtdAGM
Melrose Industries PLCAGM
North American Income Trust PLCAGM
Oriole Resources PLCAGM
Panther Metals PLCAGM
REA Holdings PLCAGM
Renalytix PLCGM re director's authorization to allot new shares and equity securities for cash
Vaalco Energy IncAGM
Friday 9 June 
Arecor Therapeutics PLCAGM
Devolver Digital IncAGM
Fulham Shore PLCGM and court meeting re takeover by Torridoll Holdings Corp
Hochschild Mining PLCAGM
Mirada PLCGM re cancellation and re-registration as PLC
MP Evans Group PLCAGM
S4 Capital PLCAGM
Sureserve Group PLCCourt Meeting and GM re acquisition by CAP10 
Monday 12 June 
Brighton Pier Group PLCAGM
Learning Technologies Group PLCAGM
Oxford Nanopore Technologies PLCAGM
Pembridge Resources PLCGM and Creditors' Meeting re future plans and objectives
Round Hill Music Royalty Fund LtdAGM
Staffline Group PLCAGM
VPC Specialty Lending Investments PLCGM re investment policy
Tuesday 13 June 
Animalcare Group PLCAGM
Asiamet Resources LtdAGM
Centrica PLCAGM
Dillistone Group PLCAGM
EJF Investments LtdAGM
Elixirr International PLCAGM
Flowtech Fluidpower PLCAGM
Frenkel Topping Group PLCAGM
Great Western Mining Corp PLCAGM
Newbury Racecourse PLCAGM
Plant Health Care PLCAGM
Pressure Technologies PLCGM re delay to the publication of the FY22 Annual Report and directors' remuneration
Sound Energy PLCAGM
Zinnwald Lithium PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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23 May 2023 14:26

UPDATE: Pressure Technologies resumes trading following suspension

(Alliance News) - Pressure Technologies PLC on Tuesday said that it has resumed trading on AIM following a temporary suspension.

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23 May 2023 11:31

IN BRIEF: Pressure Technologies posts annual loss, supply chain upset

Pressure Technologies PLC - Sheffield, England-based engineering firm - Says annual results for 2022, delayed due to historic accounting error, are in line with company revenue and adjusted operating loss previously announced. Pretax loss narrows to GBP4.0 million from GBP5.0 million, and revenue falls to GBP24.9 million from GBP25.3 million. Says this fall in revenue was caused by unexpected customer delays, supply chain disruption and unplanned outage of key equipment, which combined delayed "significant revenue into the first half of FY23." Declares no dividend.

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27 Apr 2023 14:34

TRADING UPDATES: Volex wins contract; Engage XR revenue jumps

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

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27 Mar 2023 16:57

LONDON MARKET CLOSE: Banking sector fears ease; CMC Markets slumps

(Alliance News) - Stock prices in Europe ended higher on Monday, with shares bolstered by fears for the banking sector abating after a deal was struck for a US bank to mop-up assets of collapsed Silicon Valley Bank.

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