Tekmar Group Share News (TGP)

IN BRIEF: Tekmar shares surge as interim loss narrows on revenue jump

Tekmar Group PLC - Darlington, England-based provider of technology and services for global offshore energy markets - Posts revenue of GBP17.7 million for six months ended on March 31, up 36% from GBP13.0 million the year before. Pretax loss narrows by 44% to GBP1.8 million from GBP3.2 million, as operating loss reduces by 45% to GBP1.7 million from GBP3.1 million. Looking ahead, expects business to break even at an adjusted earnings before interest, depreciation and amortisation level for the current financial year, with revenue in the region of GBP40 million, of which over 90% is already secured.

Tekmar inks GBP5 million contract for cable protection products

(Alliance News) - Tekmar Group PLC on Wednesday said that it has signed a "significant" new contract award with a total value in excess of GBP5 million.

IN BRIEF: Tekmar concludes sale process after securing funding

Tekmar Group PLC - Darlington, England-based provider of technology and services for global offshore energy markets - Announces that following the completion of a GBP4.3 million initial investment by SCF Partners and Steve Lockard and a placing and retail offer of GBP2.1 million with shareholders, together with a committed GBP18 million convertible loan note facility from SCF, the company's strategic review has concluded. Further, notes this concludes the formal sale process. As a result, Tekmar is no longer considered to be in an "offer period" as defined by the takeover panel.

AIM WINNERS & LOSERS: Trakm8 seals deal; Dekel cashes in on cashews

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

IN BRIEF: Tekmar raises GBP114,585 via retail offer of shares

Tekmar Group PLC - Darlington, England-based provider of technology and services for global offshore energy markets - Raises gross proceeds of GBP114,585 via retail offer of 1.3 million shares subscribed to by retail investors at 9 pence each. Admission of shares is expected on Thursday.

UK shareholder meetings calendar - next 7 days

Tekmar announces retail offer to raise GBP1.0 million

(Alliance News) - Tekmar Group PLC on Monday announced a retail offer through a bookbuild to raise up to GBP1.0 million from the issue of 11.1 million new shares at 9 pence each.

TRADING UPDATE: Tekmar launches fund raising, Artemis Chair resigns

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

UK shareholder meetings calendar - next 7 days

EARNINGS SUMMARY: Eagle Eye profit up; Litigation Capital optimistic

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

AIM WINNERS & LOSERS: Kape Tech rises on USD1.5 billion takeover offer

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

Tekmar shares down; extends exclusivity period with potential investor

(Alliance News) - Tekmar Group PLC shares dropped on Monday, after it extended its exclusivity period with a company in the energy sector, which is being lined up as a potential investor.

AIM WINNERS & LOSERS: Tungsten West eyes top tungsten producer spot

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

Two Tekmar divisions win several 'significant' contracts

(Sharecast News) - Offshore energy technology and service provider Tekmar announced on Tuesday that its Pipeshield International and Subsea Innovation divisions had both been awarded several "significant" contracts.

Tekmar subsidiaries awarded major contracts totalling GBP10 million

(Alliance News) - Tekmar Group PLC on Tuesday said its subsidiaries Pipeshield International Ltd and Subsea Innovation Ltd have been awarded multiple significant contracts.