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Mon, 06th Jul 2020 20:32
Starcom PLC - remote tracking systems firm - Enters into loan agreement worth GBP1.2 million. The revolving credit facility has an initial 12-month tenure and carries an interest of 3% over the Israeli prime bank rate.
Current stock price: 1.01 pence
Year-to-date change: down 19%
By Eric Cunha; ericcunha@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
Star Energy Group PLC - company focused primarily on oil and gas extraction in the UK - Says production has remained "strong", averaging 2,080 barrels of oil equivalent per day in the first half of 2023. This compares to 1,865boepd in the first half of 2022. Notes "fantastic" progress with the maximum uptime from its wells which resulted in production in the latter part of July consistently above 2,250boepd. Company says its restructuring and rebranding is now complete.
Read more(Alliance News) - Star Energy Group PLC on Monday said it "welcomes" the white paper published by the UK government on deep geothermal energy.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued Monday and not separately reported by Alliance News:
Read moreUK shareholder meetings calendar - next 7 days
Read moreIN BRIEF: Starcom proposes name change and share consolidation
Read moreIN BRIEF: Starcom in talks for bumper contracts as eyes rebrand
Read moreAIM WINNERS & LOSERS: Ironveld boosted by Grosvenor investment plan
Read more
(Sharecast News) - Wireless tracking and protection technology company Starcom reiterated in a trading update on Friday that there were "strong signals" that business was starting to revive, as it had a "strong pipeline" of potential new business.
Read moreStarcom executives buy shares at premium, reflecting "confidence"
Read more(Sharecast News) - Wireless internet-of-things (IoT) technology company Starcom reported a 3% fall in revenues in its first half on Friday, to $2.27m.
Read moreCovid-19 and shortage of microprocessors impacting Starcom
Read moreTRADING UPDATES: Cohort wins Italian navy contract; Beximco waits
Read moreDIRECTOR DEALINGS: N Brown non-exec buys again; Trainline chiefs buy
Read moreTRADING UPDATES: Arbuthnot swings to loss, to assess dividends in 2021
Read moreAIM WINNERS & LOSERS: Tandem rises on strong results, positive outlook
Read more
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