The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPressure Tech Share News (PRES)

Share Price Information for Pressure Tech (PRES)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 37.50
Bid: 36.00
Ask: 39.00
Change: 0.00 (0.00%)
Spread: 3.00 (8.333%)
Open: 37.50
High: 37.50
Low: 37.50
Prev. Close: 37.50
PRES 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: Zephyr Energy ups revenue outlook; Cap-XX wins order

Tue, 15th Nov 2022 21:55

(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 PLC - Sheffield, England-based engineering firm - Raises gross proceeds of GBP2.3 million in a placing of 7.1 million shares and subscription for 502,292 shares at an issue price of 30 pence per share. The shares will represent approximately 20% of the enlarged share capital. "We are grateful for the support of our shareholders, demonstrated through this fundraising. This investment provides us with the short-term working capital bridge to profitable, cash-generative trading in the year ahead," Chief Executive Officer Chris Walters comments.

----------

International Personal Finance PLC - Leeds, England-based company which offers small, unsecured cash loans - Launches an offer of senior unsecured 12% sterling-denominated notes due 2027. Says they were issued for general corporate purposes. The new notes are available to retail investors in the UK, it adds. The new notes have a minimum initial subscription amount of GBP2,000 and are available in multiples of GBP100 thereafter. Seperately, unveils exchange offer for 7.75% unsecured sterling denominated 12% notes that are due December 12, 2027. Says that the purpose is to extend the maturity profile of part of the Issuer's debt financing. Expects the notes to be listed on the Financial Conduct Authority's Official List and admitted to trading on the electronic order book for retail bonds of the London Stock Exchange's Main Market.

----------

PPHE Hotel Group Ltd - Amsterdam-based hotel owner and operator - Says Non-Executive Deputy Chair Kevin McAuliffe has decided to not stand for re-election. "On behalf of the board, I wish to express my gratitude to Kevin for his dedication and service and invaluable contribution to the group over so many years, he has been an integral and valued Board member in helping the Group grow and succeed," Non-Executive Chair Eli Papouchado comments.

----------

Craven House Capital PLC - London-based investment firm - Says its investee company Garimon Ltd did not participate in the fundraising for Stormfjord Ltd. Says its stake in Stormfjord is 26%. Says Garimon transferred out of the www.onebas.com domain in order to facilitate further fundraising activity focused on the domain.

----------

Cap-XX Ltd - Sydney-based maker of ultra-thin prismatic and cylindrical supercapacitors - Says Marine Edge ordered its CAP-XX's large, powerful, liquid-cooled supercapacitor modules for its PowerEdge system installations for cargo ships. Does not disclose financial details of the order.

----------

Tanfield Group PLC - investment firm headquartered in Newcastle upon Tyne - Says Snorkel International Holdings LLC's sales increased "slightly" to USD42.4 million, versus USD42.2m a year before, in the third quarter of 2022. Sales for the first 9 months of 2022 stand at USD131.0 million, versus USD113.9 million a year before. Loss before interest, tax, depreciation, and amortisation amounts to USD3.1 million, compared to a loss of USD2.8m for the third quarter a year prior.

----------

Zephyr Energy PLC - Oil & gas exploration and development in US Rocky Mountains - Records revenue of USD9.6 million net in its third quarter, giving total revenue for the nine-months to September 30 of USD35.5 million. Operating income totals USD7.9 million, taking the income for the first nine months of 2022 to USD29.8 million. Lifts its full-year revenue forecast to USD40 million from USD45 million from USD35 million to USD40 million. Backs its full-year production forecast of 500,000 to 550,000 barrels of oil equivalent.

----------

By Abby Amoakuh; abbyamoakuh@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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:

Read more
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:

Read more
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:

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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:

Read more
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.

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.