The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTekCapital Share News (TEK)

Share Price Information for TekCapital (TEK)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 8.15
Bid: 7.80
Ask: 8.50
Change: 0.00 (0.00%)
Spread: 0.70 (8.974%)
Open: 8.15
High: 8.15
Low: 8.15
Prev. Close: 8.15
TEK Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Ince results see further delay; Guild division launch

Mon, 27th Feb 2023 15:34

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

----------

Ince Group PLC - Dagenham, England-based corporate and commercial law firm - Gives update on the publication of its annual report for the year ended March 31, and its interim results for the six months ended September 30. Says its auditor BDO LLP has raised further queries in the final stages of quality control in relation to historical accounting treatments which have been addressed. BDO now requires further time to complete its audit procedures, and the company expects to publish its results in early March. Ince shares are currently suspended from trading on AIM. They last traded on December 30 at 0.05 pence.

----------

Taylor Maritime Investments Ltd - Guernsey-based vessel investment company - Marks one-year anniversary of a TMI vessel being unable to leave a Ukrainian port in the Black Sea due to Russia's invasion of Ukraine. In accordance with the terms and conditions of our marine insurance, a constructive total loss was agreed with the vessel's insurers. Says the proceeds have been received by TMI and cover the carrying value of the vessel, they will be applied to reduce leverage in line with its commitment to de-gear TMI's balance sheet. The vessel is no longer under TMI's ownership.

----------

Octopus Renewables Infrastructure Trust PLC - London-based investment trust dedicated to investment in electricity generation assets in countries including the UK, France and Spain - Refinances and increases its multi-currency revolving credit facility. The GBP270.8 million RCF, which was previously GBP150.0 million, has a three-year term to February 24, 2026, and can be drawn in GBP, EUR, AUD and USD. The RCF has an interest rate of 2.0% above sterling overnight index average. The facility has been provided by a group of four lenders: National Australia Bank, NatWest Group PLC, Banco Santander SA and Allied Irish Banks. Expects to use the RCF to fund existing construction commitments, to repay short-term facilities within the company and for future acquisitions of new renewable energy assets.

----------

Guild Esports PLC - London-based e-sports company - Launches Guild Studios. Says Guild Studios is its "new production and creative division that provides bespoke campaign-led solutions for brands and media owners looking to connect with esports, gaming, Gen-Z and Gen-Alpha audiences." Adds that it represents a new revenue stream for the company. Since its "soft launch" in January 2023, Guild Studios has secured client mandates with brands including Samsung Mobile. Chief Executive Jasmine Skee says: "Creating new revenue streams and generating value for investors are the Company's key objectives for 2023. Guild Studios enables us to monetise our vast in-house expertise in esports by supporting brand owners and sponsors with innovative campaigns, branded content and advertising to a range of companies looking to grow their engagement.

----------

Tekcapital PLC - London-based intellectual property investment group - Says its portfolio company MicroSalt Ltd has announced that both sizes of its new line of low sodium salt shakers are now available through United Natural Foods Inc and KeHE Distributors, two US-based retail food distributors. MicroSalt, is the developer and manufacturer of a proprietary low-sodium salt called MicroSalt; Tekcapital owns 97% of MicroSalt. Also says it has received orders from Pete Markets in Illinois and Busch's Market in Michigan for the new MicroSalt low sodium salt shakers. "Excess sodium intake is one of the world's greatest health concerns, and partnerships like these are the best way to make a difference in our efforts to address the sodium challenge," says MicroSalt Chief Executive Rick Guiney.

----------

UK Oil & Gas PLC - oil and gas exploration and production firm with assets focused on the south of England - Says it has now installed three, shallow, groundwater monitoring boreholes at its producing oil field Horse Hill-2z. UKOG holds an 86% interest in Horse Hill. The water injection programme seeks to improve the field's net earnings by around GBP250,000 per year. "The new boreholes are a key step towards delivering HH-2z produced water reinjection, ultimately designed to help reduce operating costs by some GBP250,000 per year and improve the field's oil recovery. The work is fully in keeping with current environmental standards and practices and demonstrates UKOG's responsible attitude towards ensuring the area beneath the site remains as well protected as possible," UKOG Chief Executive Stephen Sanderson says.

----------

By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
26 Apr 2024 09:00

Tekcapital's Innovative Eyewear enters deal with New Look Vision

(Sharecast News) - Intellectual property investor Tekcapital announced on Friday that its investee Innovative Eyewear, the developer of ChatGPT-enabled smart eyewear under various brands, was launching its 'Lucyd' smart frames in 10 selected New Look Vision Group stores across Quebec and at New Look's online store.

Read more
25 Apr 2024 16:00

EARNINGS AND TRADING: ECO Animal revenue up; Zephyr starts drilling

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

Read more
18 Apr 2024 11:44

Tekcapital firm Innovative Eyewear hires Micah Richards as brand rep

(Alliance News) - Tekcapital PLC on Thursday said its portfolio company Innovative Eyewear Inc has appointed pundit and former Premier League footballer Micah Richards as a brand ambassador.

Read more
17 Apr 2024 11:15

Tekcapital's Innovative Eyewear inks deal with US firm

(Sharecast News) - Intellectual property investor Tekcapital announced a fresh development from its portfolio company Innovative Eyewear on Wednesday, as the latter launched a strategic partnership with Windsor Eyes, a prominent eyewear manufacturing and distribution firm.

Read more
17 Apr 2024 11:07

Tekcapital says Innovative Eyewear strikes deal for US distribution

(Alliance News) - Tekcapital PLC on Wednesday said its portfolio company, Innovative Eyewear Inc, has secured a new partnership deal with Windsor Eyes Inc.

Read more
5 Apr 2024 14:25

Tekcapital investee partners with autonomous vehicle developer

(Alliance News) - Tekcapital PLC on Friday said that technology developed by its portfolio company, Guident Ltd, will be used in autonomous vehicles built by Talinn-Estonia-based AuVe Tech OU.

Read more
5 Apr 2024 13:07

Tekcapital upbeat on progress at investee company Guident

(Sharecast News) - Tekcapital updated the market on its investee company Guident on Friday, as the latter incorporated its remote monitoring and control (RMCC) technology into the MiCa autonomous shuttle being developed by Auve Tech.

Read more
29 Feb 2024 14:20

Tekcapital raises GBP2 million through placing and subscription

(Alliance News) - Tekcapital PLC on Thursday said it has raised GBP2.0 million through a placing and subscription of shares.

Read more
19 Feb 2024 18:57

TRADING UPDATES: Coro seals sale terms, Powerhouse makes good progress

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

Read more
15 Feb 2024 16:02

TRADING UPDATES: Diversified Energy offers dividend alternative

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

Read more
15 Feb 2024 14:48

Takcapital investee Guident inks partnership with AuVe Tech

(Sharecast News) - Tekcapital announced on Thursday that its autonomous vehicle technology investee Guident had inked a strategic partnership with AuVe Tech, an Estonian company specialising in autonomous transportation systems.

Read more
1 Feb 2024 14:10

UPDATE: MicroSalt shares jump after IPO but investor Tekcapital falls

(Alliance News) - Tekcapital PLC on Thursday said its investee MicroSalt PLC has commenced trading on AIM, with the low-sodium salt producer also celebrating a successful fundraise.

Read more
1 Feb 2024 11:39

Tekcapital shares fall but "excited" as MicroSalt completes IPO

(Alliance News) - Tekcapital PLC on Thursday said its investee MicroSalt PLC has commenced trading on AIM, with the low-sodium salt producer also celebrating a successful fundraise.

Read more
29 Jan 2024 11:20

IN BRIEF: Tekcapital investee MicroSalt to IPO this week

MicroSalt PLC - London-based developer of manufacturing process that produces a salt crystal about 100 times smaller than traditional salt, providing saltiness with lower sodium - Expects to make its initial public offering on London's AIM market on Thursday, with an expected market capitalisation of GBP18.5 million and issued share price of 43 pence. Tekcapital PLC, a London-based intellectual property investor, holds an 87% stake in MicroSalt and 92% in its US subsidiary MicroSalt Inc.

Read more
24 Jan 2024 12:47

IN BRIEF: Tekcapital raises GBP570,000 via sale of Belluscura shares

Tekcapital PLC - London-based intellectual property investor - Sells 3.5 million shares in AIM-listed medical device developer Belluscura PLC at a price of 16.15 pence each, raising GBP565,250. Following the share sale, Tekcapital owns 7.7% of Belluscura.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.