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TRADING UPDATES: ImmuPharma teams with Imperial; Webis results delayed

Mon, 29th Nov 2021 20:45

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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Craven House Capital PLC - London-based investment firm - For financial year ended May 31, pretax loss narrows to USD2.4 million from USD13.2 million loss the year before. Did not generate any revenue.

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Beowulf Mining PLC - developing Kallak iron ore project and the Aitolampi natural flake graphite project - For third quarter to September 30, pretax loss widens to GBP505,780 from GBP311,899 a year ago.

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Aquila Services Group PLC - housing, sport, and educational and treasury management consultancy services provider - For six months to September 30, posts pretax profit of GBP304,000, up from GBP202,000 on revenue of GBP4.9 million, rising from GBP3.5 million. Declares interim dividend 0.20 pence, up from 0.15p last year.

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Ventus VCT PLC and Ventus 2 VCT PLC - venture capital trusts - Ventus VCT reports net asset value per share as at August 31 of 120.4p, down from 121.8p at February 28. Ventus 2 VCT net asset value per share at August 31 down at 90.5p from 94.1p at February 28.

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ImmuPharma PLC - London-based drug discovery and development company - Signs two-year collaboration agreement with Imperial College London. Under the collaboration, Imperial College will provide significant intellectual input and guidance on a number of innovative peptide assets being developed at ImmuPharmas' subsidiary, ImmuPharma Biotech in Bordeaux.

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Directa Plus PLC - graphene nanoplatelets supplier - Says it has won a project tender from the state of Lombardy's TECH FAST programme for accelerating innovation processes by Lombardy based companies. Says project will last for 12 months and has a total value of EUR294,000, of which 50% is non-refundable and will commence immediately.

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Triple Point Energy Efficiency Infrastructure Co PLC - UK energy efficiency assets investor - Says it has acquired a portfolio of operational, Feed in Tariff accredited, "run of the river" hydroelectric power projects in Scotland for an aggregate total of GBP26.6 million.

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Webis Holdings PLC - Isle of Man-based gaming firm - Says completion of auditing of accounts for annual results for year to May 31, have been delayed due to a "Covid-19 related issue". Company has agreed with AIM an extension to February 28, 2022 for the publication deadline of its accounts. In a trading update for financial 2021, Webis expects pretax profit of USD824,000, swinging from loss of USD284,000 last year.

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Summerway Capital PLC - Summerway Capital PLC - company which invests in household and consumer goods sectors - Following acquisition of Vertigrow Technology Ltd, Summerway says it will be changing its accounting reference date and financial year end to December 31 from August 31.

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HydrogenOne Capital Growth PLC - hydrogen investment fund managed by HydrogenOne Capital LLP - Says that it has signed definitive agreements for a private equity investment of GBP10 million in HiiROC Ltd - an innovative supplier of clean hydrogen production. Following purchase of a minority equity stake, HydrogenOne has the right to a board seat at HiiROC. Further, HydrogenOne's investment in HiiROC forms part of a GBP26 million fundraising round, introducing other new investors including Melrose Industries PLC, Centrica PLC, Hyundai and Kia, alongside existing strategic investors Wintershall Dea and VNG.

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San Leon Energy PLC - independent oil and gas production, development and exploration company focused on Nigeria - Notes that Eroton Exploration & Production Co Ltd, in which San Leon currently has an indirect 39% interest, has signed a non-binding term sheet with Africa Import Export Bank for a prospective USD750,000,000 senior secured reserve-based lending facility. The purpose of the proposed facility, in addition to refinancing Eroton's current senior bank debt is to provide funding which will be used by Eroton to acquire an additional 18% interest in OML 18. This will take Eroton's interest in OML 18 to 45%. As part of the potential transaction San Leon would increase its indirect economic interest in Eroton to 98% from 39%. San Leon's indirect economic interest in OML 18 would then increase to 44% from the current 11%.

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Symphony Environmental Technologies PLC - Borehamwood, England-based plastic technologies company - Says UK government department for Environment, Food & Rural Affairs has not listed oxo-biodegradable plastic in its November public consultation as a "frequently littered and problematic plastic." The Scottish government has likewise issued draft Regulations in November which do not list oxo-biodegradable plastic. Symphony views this as a "major step in the right direction".

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
25 Aug 2022 19:10

IN BRIEF: Triple Point Energy investing policy change backed

Triple Point Energy Efficiency Infrastructure Co PLC - London-based investment firm - Says changes to investment policy backed by shareholders. Company now free to invest in wider energy transition sector as well as expanded geographical reach, which now allows firm to back opportunities in Europe. UK remains core focus, however. Name change to Triple Point Energy Transition PLC to occur in due course.

Read more
25 Aug 2022 19:08

IN BRIEF: Triple Point Energy investing policy change backed

Triple Point Energy Efficiency Infrastructure Co PLC - London-based investment firm - Says changes to investment policy backed by shareholders. Company now free to invest in wider energy transition sector as well as expanded geographical reach, which now allows firm to back opportunities in Europe. UK remains core focus, however. Name change to Triple Point Energy Transition PLC to occur in due course.

Read more
18 Aug 2022 16:01

UK shareholder meetings calendar - next 7 days

Friday 19 August 
Braemar Shipping Services PLCAGM
Citius Resources PLCAGM
Next Fifteen Communications Group PLCGM re acquisition of M&C Saatchi
Volex PLCAGM
Monday 22 August 
African Pioneer PLCAGM
Argentex Group PLCAGM
Nostrum Oil & Gas PLCGM operational update
Ondo InsurTech PLCAGM
Sabien Technology Group PLCGM re broker option
Scottish Investment Trust PLCGM re recombination of assets with JPMorgan Global Growth & Income plc
Trackwise Designs PLCAGM
Tuesday 23 August 
Bezant Resources PLCAGM
Livermore Investments Group LtdAGM
Xtract Resources PLCAGM
Wednesday 24 August 
Amur Minerals CorpGM subsidiary sale
Creightons PLCAGM
Goldstone Resources LtdAGM
Thursday 25 August 
Ince Group PLCGM fundraising
McBride PLCGM increase in borrowing limit
NatWest Group PLCGM re approval of special dividend
Nuformix PLCAGM
Triple Point Energy Efficiency Infrastructure Co PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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24 Jun 2022 09:44

IN BRIEF: Triple Point swings to profit on tailwinds of energy prices

Triple Point Energy Efficiency Infrastructure Co PLC - London-based investment firm - Touts rise in energy prises as swings to an annual profit and hikes dividend. In the financial year that ended March 31, value of portfolio surges to GBP78.8 million from GBP20.9 million a year ago. Swings to an annual profit of GBP4.8 million versus a loss of GBP521,000 a year ago. However, net asset value drops to 96.12 pence per share from 97.49p. Hikes annual dividend to 5.50p from 2.00p a year ago.

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1 Apr 2022 12:25

TRADING UPDATES: Yooma, Love Hemp in UK boost; Peel Hunt tops forecast

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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30 Mar 2022 16:32

IN BRIEF: Triple Point Energy enters GBP40 million credit facility

Triple Point Energy Efficiency Infrastructure Co PLC - investment firm - Enters agreement for a GBP40 million revolving credit facility with TP Leasing Ltd. The facility has a two-year term with the option for extension, while the facility is priced at the SONIA plus 2.5%.

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13 Dec 2021 19:24

IN BRIEF: Triple Point Energy acquires three assets for GBP20 million

IN BRIEF: Triple Point Energy acquires three assets for GBP20 million

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2 Dec 2021 22:01

TRADING UPDATES: SRT Marine Systems and ULS Technology losses widen

TRADING UPDATES: SRT Marine Systems and ULS Technology losses widen

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2 Dec 2021 09:52

LONDON BROKER RATINGS: Upgrades for Old Mutual and Superdry; Drax cut

LONDON BROKER RATINGS: Upgrades for Old Mutual and Superdry; Drax cut

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29 Sep 2021 15:27

IN BRIEF: Triple Point Energy gains exclusivity to acquire projects

IN BRIEF: Triple Point Energy gains exclusivity to acquire projects

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19 Aug 2021 16:03

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
3 Jun 2021 19:20

BUSINESS UPDATES: HSBC issues notes; discoverIE reports profit fall

BUSINESS UPDATES: HSBC issues notes; discoverIE reports profit fall

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1 Jun 2021 17:43

TRADING UPDATES: Breedon buys Micromix; Marlowe acquires Alarm

TRADING UPDATES: Breedon buys Micromix; Marlowe acquires Alarm

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22 Mar 2021 13:20

IN BRIEF: Triple Point invests in combined heat and power assets in UK

IN BRIEF: Triple Point invests in combined heat and power assets in UK

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