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Pin to quick picksPrimorus Inv. Share News (PRIM)

Share Price Information for Primorus Inv. (PRIM)

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Share Price: 3.75
Bid: 3.50
Ask: 4.00
Change: 0.00 (0.00%)
Spread: 0.50 (14.286%)
Open: 3.75
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Low: 3.75
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Primorus Investments Subscribes For Zuuse Loan Notes Worth AUD500,000 (ALLISS)

Tue, 16th Oct 2018 12:54

LONDON (Alliance News) - Primorus Investments PLC on Tuesday said it invested AUD500,000, about GBP272,000, in Zuuse Pty Ltd through the purchase of series B loan notes.

The investment company said these notes have a 12-month term, yielding an attractive coupon of 12% and the added attraction of free attaching options over approximately 0.8% of Zuuse which expire at the end of September 2021.

Zuuse is a software platform which services small, medium and large construction companies throughout its Payapps and GC Pay brands. Zuuse expects to deliver revenue between AUD16 million and AUD18 million in 2019 with earnings before interest, taxes, depreciation, and amortization in a range of AUD3 million to AUD5 million.

"I am pleased that we have been able to participate in this fully subscribed AUD5 million series B 12 month loan note," said Non-Executive Chairman Jeremy Taylor-Firth.

"The rationale behind the investment was to manage short to medium term cash reserves in a more efficient manner and the 12% coupon for the risk-profile was highly attractive on its own right," added Taylor-Firth.

Primorus Investments shares were trading 0.8% higher on Tuesday at 0.13 pence each.

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5 Oct 2018 12:29

UKOG Begins Extended Testing Of Kimmeridge Limestone 4 At Horse Hill

LONDON (Alliance News) - UK Oil & Gas PLC and Alba Mineral Resources PLC on Friday said extended well testing operations are now underway at Horse Hill in Surrey.The Horse Hill-1 and is

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30 Aug 2018 11:25

UK Oil & Gas Ups Horse Hill Stake Buying Out 15% From Solo Oil (ALLISS)

LONDON (Alliance News) - UK Oil & Gas PLC on Thursday continued to raise its interest in Horse Hill Development Ltd by buying out Solo Oil PLC's 15% stake in the company.UK Oil Gas

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30 Aug 2018 08:20

UK Oil and Gas ups stake in Horse Hill Developments

(Sharecast News) - AIM-listed investor UK Oil and Gas has upped its stake in the Horse Hill oil discovery via a £4.5m acquisition of fellow AIM-listed firm Solo Oil's interest in the project's operator.

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20 Aug 2018 12:11

EXTRA: UK Oil & Gas Looking To Progress Horse Hill As It Takes Control

LONDON (Alliance News) - UK Oil & Gas PLC said Monday it has taken a majority position in the Horse Hill project, the so-called 'Gatwick Gusher', after buying out two Oil & Gas its

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20 Aug 2018 09:45

UK Oil & Gas Buys Out Two Horse Hill Partners, Takes Stake To 57% (ALLISS)

LONDON (Alliance News) - UK Oil & Gas PLC said Monday it has taken a controlling interest in Horse Hill Developments Ltd after buying out the stakes of Gunsynd PLC and Primorus Investments Oil

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3 Aug 2018 12:31

'Excellent' Horse Hill flow rate results impress AIM quintet

(Sharecast News) - Horse Hill's testing results at the Portland reservoir in the UK's Weald Basin on Friday implied equivalent rates of 401 and 414 barrels of oil per day, beating 2016 results.

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20 Jul 2018 10:10

Primorus Investments Interim Loss Narrows On Portfolio Rebalancing

LONDON (Alliance News) - Primorus Investments PLC on Friday said its loss narrowed in the first half of 2018 after it rebalanced its portfolio of investments.The company said pretax loss in

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13 Jun 2018 16:10

UK Shareholder Meetings Calendar - Next 7 Days

Thursday 14 JuneFuture (re capital reduction)WM Morrison SupermarketsChristie 15 Sports Fashion (re of

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18 May 2018 11:08

Primorus Investments Loss Widens On Share Payments, Disposal

LONDON (Alliance News) - Primorus Investments PLC said Friday its loss for 2017 widened on increased losses related to an associate disposal and higher administrative costs.For 2017 a loss

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9 Mar 2018 10:36

Solo Oil Completes Deal To Buy 5% Horse Hill Stake From Primorus (ALLISS)

LONDON (Alliance News) - Primorus Investments PLC and Solo Oil PLC confirmed on Friday the latter's purchase of a 5% interest in Horse Hill Developments Ltd from Primorus

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7 Feb 2017 08:28

Horse Hill Aims For Production In Late 2018, Upgrades Portland Oil

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