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Pin to quick picksTekCapital Share News (TEK)

Share Price Information for TekCapital (TEK)

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Share Price: 8.15
Bid: 7.80
Ask: 8.50
Change: 0.00 (0.00%)
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Open: 8.15
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AIM WINNERS & LOSERS: Tekcapital investee gets US clearance for device

Mon, 08th Mar 2021 10:51

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

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AIM - WINNERS

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Tekcapital PLC, up 28% at 18.60 pence, 12-month range 3.6p-24p. The UK intellectual property investment company says portfolio company Belluscura PLC has been granted 510(k) clearance from the US Food & Drug Administration for its X-PLO2R POC portable oxygen concentrator. Belluscura also mulling potential listing on London's AIM market. Tekcapital holds 17.8% stake in Belluscura.

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Kape Technologies PLC, up 21% at 231.60p, 12-month range 95.5p-239.8p. The consumer-focused digital privacy and security business buys Webselenese Ltd for USD149.1 million. Kape has market capitalisation of GBP488 million based on Monday's share price. Tel Aviv-based Webselenese has built up an independent privacy and security focused content platform. "The acquisition of Webselenese is highly strategic for Kape, providing us with one of the most respected and far-reaching consumer privacy and security content businesses globally," says Chief Executive Ido Erlichman.

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Blackbird PLC, up 9.6% at 24.65p, 12-month range 7p-25.96p. The cloud video editing platform partners with EVS for international sporting events. "It's a real thrill for us to announce this partnership with EVS who are synonymous with the production of the world's most emotive and high-value sports content as well as global news and market leading entertainment shows. To announce this together with a deployment on two of the greatest international sporting events taking place in the near future is simply fantastic," says Chief Executive Ian McDonough.

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AIM - LOSERS

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Origo Partners PLC, down 32% at 0.17p, 12-month range 0.01p-0.45p. Notes recent large trading volumes and movements in the company's share price, and says it has no information that explains this. "The company additionally confirms that it has no information concerning its assets in addition to what was set forth in its 22 January 2021 announcement," Origo adds.

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W Resources PLC, down 11% at 0.08p, 12-month range 0.08p-0.27p. The tungsten, tin and gold mining company with assets in Spain and Portugal proposed reorganisation of share capital. "The consolidation is being undertaken as the company's directors and advisers consider the number of shares currently in issue to be considerably higher than the majority of companies of a similar size on AIM, which, when combined with the current share price of significantly less than 1 pence per share, unduly affects investor perception of the company and volatility in its share price," W Resources says.

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By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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3 Oct 2023 10:56

Tekcapital's investee MicroSalt plans to IPO in London on October 18

(Alliance News) - Tekcapital PLC on Tuesday noted MicroSalt PLC's official filing to list on London Stock Exchange's AIM market, as the latter said that its leadership consists mostly of current and former Tekcapital executives.

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2 Oct 2023 16:26

IN BRIEF: Tekcapital's Microsalt plans retail offer ahead of IPO

Tekcapital PLC - London-based intellectual property investment company - Portfolio company MicroSalt PLC plans retail offer via PrimaryBid. Explains offer price per share is to be decided by the book-building process in a separate institutional offer. Sets minimum application amount of GBP500. Offer comes as MicroSalt plans admission to trading on AIM. States aggregate value of the new shares available for subscription will not exceed GBP2.5 million. Admission is expected to take place and dealings in shares to commence on October 18.

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29 Sep 2023 11:31

EARNINGS: Ariana Resources profit shrinks; Tekcapital swings to loss

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

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19 Sep 2023 17:26

TRADING UPDATES: Tekcapital's portfolio company seals joint venture

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

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11 Sep 2023 18:47

IN BRIEF: Tekcapital's Innovative Eyewear files smart hinges patent

Tekcapital PLC - London-based intellectual property investment company - Says that Innovative Eyewear Inc, in which it has a 40% shareholding, has filed a patent on self-adjusting spring hinges for smart glasses. The new patent application covers a proprietary component developed to enhance comfort in smart eyewear. Innovative Eyewear believes these new hinges will also increase the durability of the frames by reducing stress points on the temples caused by extended wear.

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7 Sep 2023 17:04

TRADING UPDATES: Corcel spuds well; Touchstone celebrates production

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

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6 Sep 2023 17:20

TRADING UPDATES: Andrada hails results; Tertiary sees disputes end

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

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24 Aug 2023 12:00

IN BRIEF: Tekcapital's Guident upgrades monitor and control centre

Tekcapital PLC - London-based intellectual property investment company - Says investee Guident Ltd is upgrading its remote monitor and control centre, and is well-positioned for its customer acceptance test set to take place in early autumn. Tekcapital says Guident's first major customer is Jacksonville Transportation Authority. Also hails Guident's other "significant achievements over the past year", including the receipt of a notice of allowance from US patent office for its artificial intelligence methods and systems for remote monitor and control of autonomous vehicles, robots, and drones. It has also received funding from Space Florida for a satellite-based project under the Florida-Israel Innovation Partnership programme, together with its Israeli partner, Novelsat.

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17 Aug 2023 17:33

IN BRIEF: Tekcapital hails new Belluscura order, MicroSalt nearing IPO

Tekcapital PLC - London-based intellectual property investment company - Says MicroSalt Ltd, of which it owns 97%, "has been making steady progress" towards an initial public offering. "Advanced discussions" with commercial partners are in progress, with hopes that multiple products using MicroSalt will launch this year.

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14 Aug 2023 09:33

Tekcapital says Innovative Eyewear launches update for ChatGPT app

(Alliance News) - Tekcapital PLC on Monday said Innovative Eyewear Inc will launch an update to its Lucyd app.

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1 Aug 2023 17:31

TRADING UPDATES: Plant Health in Poland boost; PureTech gets US grant

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

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31 Jul 2023 17:31

TRADING UPDATES: MGC Pharmaceuticals granted psilocybin import permit

(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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28 Jun 2023 12:41

Tekcapital notes eyewear investee partnership with travel goods firm

(Alliance News) - Tekcapital PLC on Wednesday said smart eyewear developer and retailer Innovative Eyewear Inc has formed a new retail partnership with travel luxury goods provider Privato Duty Free.

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26 Jun 2023 11:47

IN BRIEF: Tekcapital investee MicroSalt expands retail footprint

Tekcapital PLC - London-based intellectual property investment company - Says investee MicroSalt Ltd has expanded US retail presence with new placements in 131 stores between three chains for its low-sodium salt shakers. Placements consist of 51 Fine Fair stores, eight Trade Fair stores and 72 Big Y stores. Placements achieved through partnership with US Salt. MicroSalt Chief Executive Officer Rick Guiney says expansion "underscores the retail need for full flavor, low-sodium products". Tekcapital owns 97% of shares in MicroSalt.

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22 Jun 2023 14:33

Tekcapital notes Innovative Eyewear's USD4.7 million public offering

(Alliance News) - Tekcapital PLC on Thursday noted its investee Innovative Eyewear Inc's announcement regarding a public offering for 4.5 million units.

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