1 Jul 2014 12:08
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Don't have an account? Click here to register.Small caps round-up: Emblaze, Vialogy, Motive Television
Mon, 21st May 2012 17:21
Technology group Emblaze saw shares surge on Monday after announcing that its UK subsidiary, Emblaze Mobility Solutions, has recovered 1.5m pounds which was part of the VAT repayments claimed withheld by HM Revenue & Customs (HMRC) since March 2006. HMRC has been withholding VAT repayments but was ordered to pay Emblaze $4m (£2.53m at today's exchange rate) in 2011 for reclaims that were not disputed. Now, the High Court of Justice has ordered that Emblaze be paid the balance of sums withheld by HMRC. After legal and other expenses, the group said the net cash proceeds would be $1.5m (£0.95m).Oil and gas services group Vialogy has conditionally raised £2.05m before expenses through a placing of more than 74m ordinary shares at a price of 2.75p each. The placing is being down in two tranches: application has been made for the admission to trading on AIM of 38m shares expected to take place on May 23rd; while the rest will be conditional upon shareholder approval at a general meeting in June. "The net proceeds of the placing will be used to strengthen the balance sheet and provide additional working capital to support ViaLogy's strategy," the firm said. Shares dropped over 13% to 3.03p in afternoon trade.AIM-listed TV services and software group Motive Television has officially established the Broadcast Cloud Joint Venture (BCJV), a 50/50 partnership of Granite Broadcasting Corporation and Motive Holdings Inc (Motive's subsidiary) created to develop and enable terrestrial broadcasting and Television Anytime Anywhere to iPads and other tablets. "Both Motive and Granite believe that the ability to watch and record free-to-air TV from all terrestrial channels on tablet devices with a one-time purchase of a low-priced antenna-tuner will be attractive to viewers and that there is an opportunity for viral growth of this sector," said Chief Executive Officer Leonard Fertig.BC
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1 Jul 2014 11:49
13 Jun 2014 15:11
ViaLogy revenue falls, proposes acquisition of health group
Hydrocarbon technology developer ViaLogy saw its shares dive on Friday after the group posted significantly reduced annual revenue and unveiled proposals to acquire biotechnology group Premaitha Health. In the year ended March 31st, turnover fell to £62.1m from £257.7m, although the impairment of g
Read more13 Jun 2014 11:29
UK MIDDAY BRIEFING: Property Companies Get Indigestion
LONDON (Alliance News) - UK residential and commercial property companies are among the biggest fallers in a declining market Friday, after Bank of England Governor Mark Carney said the interest rates in the UK could rise sooner than investors expect and Chancellor of the Exchequer George Osbo
Read more13 Jun 2014 10:35
UK WINNERS & LOSERS: Oil And Gas Stocks Rise Alongside Iraq Tensions
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.
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FTSE 100 - WINNERS
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Tullow Oil, up 1.9%, Royal Dutch Shell, up 0.5% BG Gr
13 Jun 2014 08:16
ViaLogy Buys Molecular Diagnostic Company, But Struggles To Sell Energy Unit
LONDON (Alliance News) - ViaLogy PLC Friday became a molecular diagnostic company after buying Premaitha for GBP10.5 million, although it had to write down the value of the energy services business it is trying to offload because it is taking longer than it hoped to find a "suitable" partner for
Read more15 Apr 2014 11:39
ViaLogy In Talks For Possible Reverse Takeover Deal; Shares Temporarily Suspended
LONDON (Alliance News) - ViaLogy PLC Tuesday said that it is in discussion regarding a possible reverse takeover deal, and as a result its shares have been temporarily suspended. ViaLogy said that it requested that its shares are temporarily suspended from AIM, with immediate effect, pendin
Read more21 Mar 2014 09:00
ViaLogy CEO Robert Dean Resigns With Immediate Effect; Reynolds To Be Interim CEO
LONDON (Alliance News) - ViaLogy PLC Friday said that Chief Executive Robert Dean has resigned with immediate effect. The company which is engaged in developing applications for its Quantum Resonance Interferometry technology, said that Adam Reynolds will take on the role as interim chief e
Read more24 Jan 2014 15:53
Vialogy Meets Funding Target After Oversubscribed Open Offer
LONDON (Alliance News) - ViaLogy PLC said Friday that it had raised GBP519,820 in an oversubscribed open offer, meaning it met its target of raising GBP1.6 million through a placing and open offer and can press ahead with its restructuring and strategy. The technology company said that it h
Read more7 Jan 2014 09:55
STOCKS NEWS EUROPE-UK small caps rise in line with blue chips
The FTSE small cap index, which hit a record high earlier this week, is up by 0.1 percent in early session trading, broadly in line with a 0.2 percent advance on the blue-chip FTSE 100 index. The FTSE 250 mid-cap index is down by 0.2 percent, as is the small-cap FTSE AIM All Share Index.Read more
2 Dec 2013 14:35
Vialogy to raise cash in share issue, Chairman quits
Oil services company Vialogy unveiled plans for a re-financing and new equity issue as it posted lower half-year losses, hitting its shares. Vialogy, which provides geophysical imaging and mapping services to oil majors, said it was planning to re-capitalise itself to underpin a technical and comme
Read more