Supply@Me shares rocket on completion of first DP World transaction
(Alliance News) - Supply@Me Capital PLC shares soared on Thursday after the company confirmed its successful debut of a Middle Eastern partnership.
Read more(Alliance News) - Supply@Me Capital PLC shares soared on Thursday after the company confirmed its successful debut of a Middle Eastern partnership.
Read moreSupply@Me Capital PLC - London-based inventory monetisation platform - Appoints Albert Ganyushin as a director and independent non-executive chair from the conclusion of its annual general meeting at the end of June. He will succeed James Coyle who stepped down in March.
Read more(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 moreSupply@ME Capital PLC - London-based inventory monetisation platform - Issues second tranche of new shares under equity funding facility with Venus Capital SA. Consists of 550.0 million new shares issued at a price of 0.05 pence per share, raising gross proceedings of GBP275,000. Total share capital on admission of new shares will be 40.79 billion.
Read moreSupply@Me Capital PLC - London-based inventory monetisation platform - Plans to raise an initial GBP7.5 million via a discounted equity agreement which will be used to repay some of its outstanding loan notes. Company has agreed to issue shares to Luxembourg investment company Venus Capital SA in exchange for cash, which will be drawn down in a number of tranches up to December 31, 2023. The shares will be issued at 0.05 pence each, half of it closing price of 0.10p on Tuesday. Company will also enable its existing shareholders to participate in an open offer in order to offer existing shareholders the ability to acquire shares and warrants at the same subscription price as Venus Capital's capital raise mandatory tranches. Funds will be used to repay GBP678,333 of outstanding convertible loan notes and to repay the balance of the outstanding loan note instrument to Mercator Capital Management Fund LP.
Read moreSupply@Me Capital PLC - London-based inventory monetisation platform - Receives conversion notice from Mercator Capital Management Fund LP for the outstanding GBP178,333 in convertible loan notes.
Read more(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.
Read moreSupply@Me Capital PLC - London-based inventory monetisation platform - Announces that TradeFlow Capital Management, a Singapore-based FinTech-powered commodities trade enabler and subsidiary of Supply@Me, has listed its four-year senior note on Smat, a Swiss wealth management investment platform.
Read moreSupply@Me Capital PLC - London-based inventory monetisation platform - Jim Coyle resigns immediately as non-executive chair, having been in the job only since the end of October. Coyle had replaced Dominic White, who had stepped down in July. Coyle is leaving "for personal reasons, which will allow him to better balance existing time obligations across his extensive portfolio of non-executive roles", Supply@Me says. The company is seeking a permanent, long-term successor as chair and will appoint one of its existing non-executive directors to chair meetings in the interim. Once the first transactions from its white label and inventory monetisation initiatives are complete, Supply@Me expects an increase in business volume, which would have required a higher level of commitment from Coyle.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:
Read more(Alliance News) - Supply@Me Capital PLC on Friday said its subsidiary TradeFlow Capital Management Pte Ltd entered a partnership with Cargoes Finance By DP World.
Read more(Sharecast News) - Fintech platform operator Supply @ME said on Friday that its TradeFlow Capital Management subsidiary has partnered with DP World to work on its Cargoes Finance By DP World offering.
Read moreSupply@ME Capital makes progress as it looks to calmer market backdrop
Read moreUK earnings, trading statements calendar - next 7 days
Read moreIN BRIEF: Supply@Me Capital expects 2022 revenue gains to grow capital
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