The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksResolute Mining Share News (RSG)

Share Price Information for Resolute Mining (RSG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 28.80
Bid: 28.40
Ask: 28.80
Change: 1.30 (4.76%)
Spread: 0.40 (1.408%)
Open: 27.60
High: 29.60
Low: 27.60
Prev. Close: 27.30
RSG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

SMALL-CAP WINNERS & LOSERS: Superdry confirms talks with new lender

Mon, 28th Nov 2022 11:15

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

----------

SMALL-CAP - WINNERS

----------

Aquila Services Group PLC, up 17% at 28.00 pence, 12-month range 20.00p - 30.00p. In the six months ended September 30, reports a total profit of GBP244,000, down slightly from GBP247,000 the previous year. Revenue jumps to GBP5.9 million from GBP4.9 million. Declares an increased interim dividend of 0.25 pence per share, up 25% from 0.20p a year prior. Chair Derek Joseph says the half-year results are "encouraging given the transition that was needed as the pandemic restrictions were lifted." Joseph explains the housing and sporting sectors have moved ahead faster than education and international, though he notes both are now showing "early signs" of recovery. Aquila Services is a London-based housing, sport, and educational and treasury management consultancy services provider.

----------

RM PLC, up 9.8% at 45.00 pence, 12-month range 18.33p - 210.00p. Agrees to sell its RM Integris and RM Finance Business assets to Key Support Services Ltd for up to GBP16.0 million. The IT products and services provider also agrees to sell the assets of its principal trading subsidiary, RM Education Ltd, for an initial GBP12.0 million in cash, with a further GBP4.0 million to be paid in cash subject to conditions such as competition clearance. Completion of the sale is expected during the first half of 2023, pending shareholder approval. RM says the net proceeds of the sale will be used to reduce debt.

----------

SMALL-CAP - LOSERS

----------

Resolute Mining Ltd, down 8.0% at 10.05 pence, 12-month range 9.50p - 23.41p. Receives the third and final USD10 million tranche for the sale of Bibiani gold mine in Ghana from Asante Gold Corp. The firm and Asante are also in discussions regarding the payment of an environmental bond and its interest.

----------

Superdry PLC, down 5.2% at 120.05 pence, 12-month range 96.00p - 292.00p. Confirms it is in talks with a US hedge fund as the clothing retailer faces an uncertain future if it cannot secure a new lender. Superdry said last month that there was a "material uncertainty" over the future of its business as a GBP70 million loan facility is set to expire in January. On Monday, Superdry confirms a report in the Telegraph that it is trying to secure funding from Bantry Bay Capital, which is backed by US activist investor Elliott Advisors. "Superdry acknowledges recent press speculation about its previously announced refinancing process and confirms that it is in negotiations with Bantry Bay Capital Ltd, the specialist lending provider, to replace the existing up to GBP70 million asset-backed lending facility," the firm says.

----------

By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
19 Apr 2021 13:57

IN BRIEF: Resolute's USD105 million gold mine sale scrapped by buyer

IN BRIEF: Resolute's USD105 million gold mine sale scrapped by buyer

Read more
14 Apr 2021 19:23

TRADING UPDATES: Distil expects solid annual growth, revenue up 48%

TRADING UPDATES: Distil expects solid annual growth, revenue up 48%

Read more
7 Apr 2021 17:54

IN BRIEF: Resolute Mining updates Syama life of mine production plan

IN BRIEF: Resolute Mining updates Syama life of mine production plan

Read more
31 Mar 2021 18:02

TRADING UPDATES: JKX 2020 profit drops; Resolute Mining keeps guidance

TRADING UPDATES: JKX 2020 profit drops; Resolute Mining keeps guidance

Read more
24 Mar 2021 16:44

TRADING UPDATES: Arden Partners to return to annual profitability

TRADING UPDATES: Arden Partners to return to annual profitability

Read more
17 Mar 2021 12:30

TRADING UPDATES: Hostelworld dives to loss; Centaur reinstates payout

TRADING UPDATES: Hostelworld dives to loss; Centaur reinstates payout

Read more
17 Feb 2021 14:31

IN BRIEF: Resolute Mining Maintains Ore Reserves And Mineral Resources

IN BRIEF: Resolute Mining Maintains Ore Reserves And Mineral Resources

Read more
1 Feb 2021 10:31

Kodal To Gain Full Control Of West African Assets, In Funding Talks

Kodal To Gain Full Control Of West African Assets, In Funding Talks

Read more
28 Jan 2021 12:11

TRADING UPDATES: TClarke And Epwin Expect Double Digit Revenue Fall

TRADING UPDATES: TClarke And Epwin Expect Double Digit Revenue Fall

Read more
27 Jan 2021 16:34

IN BRIEF: Resolute Mining Increases Resource Estimate For Tabakoroni

IN BRIEF: Resolute Mining Increases Resource Estimate For Tabakoroni

Read more
15 Jan 2021 17:33

IN BRIEF: Resolute Mining 2020 Gold Production Just Misses Guidance

IN BRIEF: Resolute Mining 2020 Gold Production Just Misses Guidance

Read more
15 Dec 2020 20:42

IN BRIEF: Resolute Mining Sells Bibiani Gold Mine For USD105 Million

IN BRIEF: Resolute Mining Sells Bibiani Gold Mine For USD105 Million

Read more
1 Dec 2020 19:24

IN BRIEF: Wishbone Gold Applies For New Licence In Northern Queensland

IN BRIEF: Wishbone Gold Applies For New Licence In Northern Queensland

Read more
22 Oct 2020 14:58

UK TRADING UPDATE SUMMARY: Quartix Annual Earnings To Beat Consensus

UK TRADING UPDATE SUMMARY: Quartix Annual Earnings To Beat Consensus

Read more
19 Oct 2020 16:48

UK EXECUTIVE CHANGE SUMMARY: DeepMatter Appoints New Chair And CFO

UK EXECUTIVE CHANGE SUMMARY: DeepMatter Appoints New Chair And CFO

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.