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Pin to quick picksTekCapital Share News (TEK)

Share Price Information for TekCapital (TEK)

London Stock Exchange
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Share Price: 10.50
Bid: 10.00
Ask: 11.00
Change: 0.90 (9.38%)
Spread: 1.00 (10.00%)
Open: 9.50
High: 10.50
Low: 9.50
Prev. Close: 9.60
TEK Live PriceLast checked at -

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AIM WINNERS & LOSERS: Mosman wins sacred site certificate at Amadeus

Mon, 20th Feb 2023 10:34

(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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Proteome Sciences PLC, up 32% at 4.94 pence, 12-month range 3.2p-5.35p. The drug development services provider says revenue in 2022 is estimated to have grown by 53% to GBP7.8 million from GBP5.1 million in 2021, with services seeing 42% growth. Sales, royalties and milestones attributable to TMT/TMTpro reagents are estimated to have risen 56%. Earnings before interest, tax, depreciation and amortisation are estimated at GBP2.0 million, multiplying from GBP600,000 in 2021. Looking ahead to 2023, Proteome expects further growth in reagents and strong progress in services, with over GBP1.1 million in purchase orders being carried over into the new year.

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Mosman Oil & Gas Ltd, up 11% at 0.06p, 12-month range 0.05p-0.17p. The oil explorer, developer and producer receives sacred site clearance certificate for the EP145 permit, in the highly prospective area of Amadeus Basin in central Australia. The certificate is provided from the Central Land Council. Chair John Barr says the SSCC is a "major step forward" for securing several other approvals for its seismic programme to explore the permit.

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AIM - LOSERS

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Verditek PLC, down 26% at 0.54p, 12-month change 0.5p-3.0p. The solar panels producer says it has received a notice for its distribution agreement with partner Bradclad Group to be terminated. In October, the company had said it could no longer be considered the "exclusive supplier" to a joint-venture between Bradclad and Norwegian PVC single-ply roof membrane manufacturer Protan. It said at the time it had been made aware that Bradclad was working with another manufacturer. Verditek adds on Monday: "The company has been taking steps for the recovery of sums due under the agreement."

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TekCapital PLC, down 17% at 16.8p, 12-month range 14.75p-37.8p. The intellectual property investors falls on discounted placing of 14.1 million shares at 16p each. The issue price represents a 21% discount to Friday's closing price of 20.2p. TekCapital will use the GBP2.3 million in proceeds to building inventory of MicroSalt Ltd, buy autonomous shuttles for Guident's remote control monitoring centre clients, and as working capital.

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By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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16 Oct 2019 09:11

Tekcapital Investee Secures New Customer For Low Sodium Salt MicroSalt

Tekcapital Investee Secures New Customer For Low Sodium Salt MicroSalt

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22 Aug 2019 10:30

WINNERS & LOSERS SUMMARY: NMC Health Surges On Stake Sale Report

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - WINNERS----------NMC Health,

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22 Aug 2019 10:20

Tekcapital profits leap as portfolio gains value

(Sharecast News) - Tekcapital shares climbed on Thursday as interim revenue and profit soared on the back of an increase in the value of the company's investment portfolio.

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22 Aug 2019 10:08

Tekcapital Profit Rises Sharply As Portfolio Companies Gain Value

(Alliance News) - Tekcapital PLC on Thursday posted a substantial profit increase for the first half of its financial year, resulting from a sharp increase in the fair value of its portfolio in up

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12 Aug 2019 12:17

Tekcapital Investee Salarius Files Additional Patent for MicroSalt

(Alliance News) - Intellectual property investment company Tekcapital PLC said Monday its investee Salarius Ltd has filed an additional patent application for MicroSalt.The new patent is is

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6 Aug 2019 11:18

CORRECT (Aug 1): Nigel Wray Now Holds 12% Stake In Tekcapital

(Correcting number of shares owned by Nigel Wray, whose stake declined due to a share placement undertaken by Tekcapital.)(Alliance News) - Tekcapital PLC said on Thursday that investor in

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5 Aug 2019 15:30

CORRECT (Aug 1): Nigel Wray Reduces Holding In Tekcapital To 12%

(Tekcapital on Monday corrected Wray's previous holding to 14% from 17%.)(Alliance News) - Tekcapital PLC said on Thursday that Nigel Wray has cut his stake in the investment company to

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1 Aug 2019 18:34

Nigel Wray Reduces Holding In Tekcapital To 12% After Transaction

(Alliance News) - Tekcapital PLC said on Thursday that Nigel Wray has cut his stake in the investment company to 12% from 17%.Following Thursday's transaction, Wray now holds 63.7 in in

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11 Jul 2019 10:32

WINNERS & LOSERS SUMMARY: Indivior Surges 25% On Upgraded Guidance

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - WINNERS----------Barratt

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11 Jul 2019 09:11

Tekcapital Launches Share Placing To Expand Investment Portfolio

(Alliance News) - Tekcapital PLC on Thursday said it intends to raise GBP750,000 through a share placing to fund investment in key activities and to further develop and progress with the of its of

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25 Jun 2019 16:05

Tekcapital's Guident gets autonomous vehicle sensor patent

(Sharecast News) - Intellectual property investment company Tekcapital announced on Tuesday that its portfolio company Guident had exclusively licensed patent application 'PCT US19 14 547', entitled,'visual sensor fusion and data sharing across connected vehicles for active safety',from Michigan State University.

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25 Jun 2019 13:56

Tekcapital Portfolio Company Guident Licences Patent Application

(Alliance News) - Tekcapital PLC on Tuesday said portfolio company Guident Ltd has licenced a patent application from Michigan State University.Shares in Tekcapital were down 9.8% at 10.15

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24 Jun 2019 15:54

Tekcapital portfolio company Salarius secures new order for 'MicroSalt'

(Sharecast News) - Intellectual property-focussed investment company Tekcapital announced on Monday that its portfolio company Salarius has secured and delivered a new order for 'MicroSalt' from a Mexican seafood company, for use in their dried shrimp snacks.

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13 Jun 2019 11:39

Tekcapital's Salarius Delivers MicroSalt Order; SaltMe Test Production

(Alliance News) - Tekcapital PLC on Thursday said portfolio company Salarius Ltd has secured and delivered a follow-on order for MicroSalt to a US snack food company and has completed test of in a

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3 May 2019 11:23

Tekcapital subsidiary lauds Floridian legalisation of autonomous vehicles

(Sharecast News) - Tekcapital subsidiary Guident on Friday lauded the "visionary" decision from the Florida State government to legalise the use of self-driving cars statewide.

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