REMINDER: Our user survey closes on Friday, please submit your responses 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: 8.05
Bid: 7.90
Ask: 8.20
Change: 0.05 (0.63%)
Spread: 0.30 (3.797%)
Open: 8.00
High: 8.05
Low: 7.65
Prev. Close: 8.00
TEK Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK TRADING UPDATE SUMMARY: Staffline Pens New Deal, Extends Tesco Pact

Mon, 05th Oct 2020 19:23

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

----------

Staffline Group PLC - Nottingham, England-based recruitment & training group - PeoplePlus adult skills and training division selected for UK government's Provision of Employment & Health Related Services framework. Agrees three-year extension to provide contingent labour to grocer Tesco PLC.

----------

Norman Broadbent PLC - London-based recruitment and professional services firm - Acquires outstanding minority interest of 25% in Normal Broadbent Interim Management Ltd, from seller Anhela Hickmore, for GBP135,000. Norman Broadbent says GBP65,000 to be paid in cash and GBP70,000 in shares.

----------

SimiGon Ltd - simulation training solutions provider - Awarded additional USD500,000 for C-130 virtual maintenance training contract with "large international defense company".

----------

VR Education Holdings PLC - Waterford, Ireland-based virtual reality education and enterprise training - ENGAGE platform selected for Global Youth Takeover, a "major United Nations event". "With Covid-19 making many physical events impossible, using VR technology, the ENGAGE platform can provide attendees of virtual conferences with a real live event experience," VR Education said.

----------

BATM Advanced Communications Ltd - Israel-based data & telecommunications company - Receives EUR4.3 million initial order from Italy-based "major new customer" for Covid-19 tests.

----------

Tekcapital PLC - UK intellectual property investment company - Portfolio company Guident enters into mobile connectivity partnership with Cirrus Core Networks Inc for US in autonomous vehicles.

----------

Zephyr Energy PLC - technology-led oil & gas exploration company focused on US - Plans to begin spudding of dual purpose well a Paradox project, Utah by end of year. Secures USD2 million funding from US Department of Energy.

----------

Central Asia Metals PLC - copper, zinc and lead explorer, operating in Kazakhstan and North Macedonia - Pays EUR65,000 environmental fine from Sasa tailings leak. Received approval in North Macedonia to recommence operations at Sasa. Plant will work at 50% capacity for trial period. Total cost of incident, including repairs and environmental aspects, to be below USD1.5 million.

----------

Predator Oil & Gas Holdings PLC - Jersey-based oil & gas company - Did not acquire FRAM Exploration Trinidad Ltd by September 30 deadline. Says acquiring asset which produces energy through conventional means does not fit with its strategy. "Furthermore, in line with the company's prudent management of resources through the Covid-19 crisis, it was deemed inappropriate to enter into a corporate transaction that would involve significant transaction costs; potential delays in regulatory approvals; taking on liabilities and administrative burdens associated with an incremental production service contract; and potentially significant shareholder dilution," Predator said.

----------

Alba Mineral Resources PLC - mineral exploration & development company, with projects in Greenland, Wales and Ireland - Updates on work at Clogau-St David's gold mine. Says four drill holes completed so far and has permission extended to allow for drilling to continue until end of October.

----------

Mosman Oil & Gas Ltd - oil exploration company - Says operator of Stanley-4 well, located in Texas, reports output of 1,661 barrels of oil from asset since September 22.

----------

Thor Mining PLC - vanadium & gold miner in US and Australia - Begins close-spaced airborne magnetics survey at Ragged Range project at Pilbara Goldfield tenements, Australia. "The airborne magnetics survey is designed to map out the underlying mafic/ultramafic greenstones and to identify key prospective structures," Thor said.

----------

Aura Energy Ltd - Australian minerals company - Says more steps completed ahead of plans to seal CAD4.5 million, about GBP2.6 million, gold funding deal with Archean Gold. Aura completes final USD100,000 payment to Nomads Mining Co Sarl and Archean completes due diligence of Aura's Tasiast South gold project.

----------

SDX Energy PLC - London-based oil & gas explorer - Says has performed "strongly" so far in second half, with output ahead of guidance.

----------

Pensana Rare Earths PLC - operator of rare earths project in Angola - Reports successful output of NdPr-rich mixed rare earth carbonate following testwork at Longonjo project. "MREC is a much higher purity and higher value product and has a much broader market and range of applications than the concentrate product contemplated in Pensana's preliminary feasibility study. Based on information provided by industry specialists the specifications of Longonjo's MREC compares favourably with the main products currently being produced and sold mainly in China," Pensana said.

----------

SolGold PLC - Australian gold & copper mining company - Plans larger 50,000 metres drilling programme at Porvenir project, subject to ongoing positive results. Says first drill hole intersected 644 metres of visual copper sulphide mineralisation.

----------

Path Investments PLC - energy & natural resources investment company - Reports proposed sale of Kansas Land leases to GasRock Ltd for GBP126,000.

----------

Braveheart Investment Group PLC - Barnsely, England-based strategic investor - Investee Paraytec Ltd sees "minor logistical issues" in proof of concept work for a Covid-19 test with the University of Sheffield. Issues due to local lockdown restrictions in UK.

----------

Alternative Income REIT PLC - real estate investment trust focused on UK commercial property assets - Investment manager proposes amendment to investing policy. Proposes reducing minimum weighted average unexpired lease term of portfolio to 12 years and backs removal of the restrictions to permitted sectors in property market.

----------

RTW Venture Fund Ltd - New York-based investment company which invests in life sciences, biopharmaceutical, and medical technology companies - Portfolio company C4 Therapeutics Inc prices USD182.4 million Nasdaq Global Market float. Will offer 9.6 million shares at USD19.00 each. On first day of trading, C4's shares climbed 34% to USD25.49.

----------

EQTEC PLC - waste-to-energy project developer, based in London - Signs deal with Wood Group UK Ltd and DS Mena to aide "effective deployment" of EQTEC technology to global energy-to-waste sector.

----------

PureTech Health PLC - biotherapeutics company - Says founded entity Alivio Therapeutics lands USD3.3 million from US Department of Defense, to further development of ALV-304 treatment for inflammatory bowel disease.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
4 Jul 2022 09:24

Tekcapital shares rise on first MicroSalt bulk order, potential IPO

(Alliance News) - Tekcapital PLC said on Monday its subsidiary MicroSalt Inc has secured the first bulk business-to-business order of its low-sodium salt, MicroSalt, in the US.

Read more
30 May 2022 18:29

TRADING UPDATES: UKOG signs lease; Alien Metals to buy Vivash Gorge

(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
25 May 2022 22:02

TRADING UPDATES: Tekcapital fundraise; Kromek wins US government order

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

Read more
25 May 2022 12:48

Tekcapital raises £2m to help grow portfolio companies

(Sharecast News) - Intellectual property investor Tekcapital has raised £2m before expenses, it announced on Wednesday, to accelerate the growth of its portfolio companies.

Read more
24 May 2022 16:04

UK shareholder meetings calendar - next 7 days

Wednesday 25 May  
Access Intelligence PLCAGM
Amur Minerals CorpAGM
Aston Martin Lagonda Global Holdings PLCAGM
Bakkavor Group PLCAGM
Bango PLCAGM
Bodycote PLCAGM
Eleco PLCAGM
International Public Partnerships LtdAGM
Intertek Group PLCAGM
M&G PLCAGM
Manx Financial Group PLCAGM
Mortgage Advice Bureau Holdings PLCAGM
Property Franchise Group PLCGM re final 2021 dividend
Regional REIT LtdAGM
Sabre Insurance Group PLCAGM
Trustpilot Group PLCAGM
Tullow Oil PLCAGM
Zenova Group PLCAGM
Zotefoams PLCAGM
Thursday 26 May 
Aminex PLCAGM
Bank of Ireland Group PLCAGM
Belvoir Group PLCAGM
Central Asia Metals PLCAGM
Curtis Banks Group PLCAGM
Diaceutics PLCAGM
Duke Royalty LtdEGM re fundraise
East Star Resources PLCAGM
Energean PLCAGM
Henry Boot PLCAGM
Hochschild Mining PLCAGM
Legal & General Group PLCAGM
National World PLCAGM
Ocean Wilsons Holdings LtdAGM
OnTheMarket PLCGM re cancellation of capital
Prudential PLCAGM
S&U PLCAGM
Staffline Group PLCAGM
Strix Group PLCAGM
WAG Payment Solutions PLCAGM
Yu Group PLCAGM
Friday 27 May 
AG Barr PLCAGM
Big Technologies PLCAGM
Coca-Cola Europacific Partners PLCAGM
Destiny Pharma PLCAGM
Hostmore PLCAGM
Lancashire Holdings LtdAGM
Lekoil LtdEGM re appointment and remuneration of auditors
LSL Property Services PLCAGM
Malin Corp PLCAGM
Old Mutual LtdAGM
Oxford BioMedica PLCAGM
Renewables Infrastructure Group LtdAGM
Spectris PLCAGM
Monday 30 May 
Adriatic Metals PLCAGM
Clarify Pharma PLCAGM
Tuesday 31 May 
GYG PLCAGM
JTC PLCAGM
Lookers PLCAGM
McColl's Retail Group PLCAGM
Microlise Group PLCAGM
PageGroup PLCAGM
Petershill Partners PLCAGM
Sportech PLCAGM
Tekcapital PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
6 May 2022 15:22

CORRECT: Tekcapital sets record as net assets double to USD68 million

(Correcting profit after tax growth percentage change.)

Read more
6 May 2022 11:35

Tekcapital sets new record as net assets double to USD68 million

(Alliance News) - Tekcapital PLC on Friday said net assets more than doubled to USD68.1 million at the end of its most recent financial year from USD32.7 million a year before, saying the total was the most in the company's history.

Read more
5 May 2022 21:43

TRADING UPDATES: McColl's "likely" on brink of administration

(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
3 May 2022 21:55

TRADING UPDATES: Vela, Standard Life Investments up portfolio value

(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 more
19 Apr 2022 22:13

TRADING UPDATES: AVI Japan outperforms; Crossword annual revenue grows

(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 more
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:

Read more
4 Feb 2022 21:26

TRADING UPDATES: Cadence adds to fundraise; Sylvania profit up

TRADING UPDATES: Cadence adds to fundraise; Sylvania profit up

Read more
4 Feb 2022 09:57

Tekcapital's Guident files patent amid talks with possible partners

(Sharecast News) - Intellectual property-focussed investor Tekcapital updated the market on its portfolio company Guident on Friday, reporting that it had now filed its eighth patent application.

Read more
2 Feb 2022 19:37

TRADING UPDATES: Portfolio updates from Scirocco, Tekcapital, MetalNRG

TRADING UPDATES: Portfolio updates from Scirocco, Tekcapital, MetalNRG

Read more
2 Feb 2022 12:49

Tekcapital investee to list products with Dick's, Best Buy Canada

(Sharecast News) - Intellectual property investment company Tekcapital announced on Wednesday that its portfolio company Lucyd had its Innovative Eyewear division approved by North American retailers Dick's Sporting Goods and Best Buy Canada.

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.