5 Sep 2023 19:41
TRADING UPDATES: Molecular Energy proposes Argentinian disposal
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
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Don't have an account? Click here to register.Velocys narrows loss after cutting back costs
Wed, 15th May 2019 11:31
(Sharecast News) - Velocys on Wednesday cuts its annual losses by slashing its administrative expenses, in part as staff numbers were reduced following the disposal of its UK R&D facility in June 2017.The advanced biofuels company's loss before tax came in at £30.9m for 2018, down from £55.3m the year before, as administrative expenses were cut by 45% to £29.1m thanks to the aforementioned drop in staff numbers and the completion of work on the project development of Velocys' Mississippi bio-refinery project in the third quarter of 2018.Velocys said it expects its two primary biorefinery projects, which are under development in Immingham, UK, and Natchez, US, will each process over 300,000 tonnes of dry solid waste feedstock per year once completed, converting them into 60m to 80m litres of renewable fuels per year with a carbon intensity between zero and 30% of that of comparable fossil fuels.Meanwhile, revenue came in at £0.7m, down 13% on the year before, with the revenue primarily the result of the lease of a catalyst related to the ENVIA project in Oklahoma.Cash and cash equivalents stood at £7.0m at the end of the year, up from £2.1m at the end of 2017The AIM traded company said its next phase will be to conclude all pre-front end engineering design (FEED) for its two projects and reach final agreements with strategic partners on the funding of the two-phase FEED to allow both projects to reach financial close during 2020.The company has secured £4.5m in partner funding for the project in Immingham, which has also been awarded £0.4m from the UK Department for Transport.Velocys' shares were down 3.59% at 3.76p to 1248 BST.
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21 Jun 2023 15:43
UK shareholder meetings calendar - next 7 days
| Thursday 22 June | |
| Alphawave IP Group PLC | AGM |
| Angling Direct PLC | AGM |
| Anglo Asian Mining PLC | AGM |
| boohoo Group PLC | AGM |
| Braime Group PLC | AGM |
| Card Factory PLC | AGM |
| Ergomed PLC | AGM |
| Falcon Oil & Gas Ltd | AGM |
| Futura Medical PLC | AGM |
| Good Energy Group PLC | AGM |
| Grand Vision Media Holdings PLC | AGM |
| Longboat Energy PLC | AGM |
| MaxRets Ventures PLC | AGM |
| Pathfinder Minerals PLC | AGM |
| RBG Holdings PLC | AGM |
| Robinson PLC | AGM |
| Sanderson Design Group PLC | AGM |
| Team17 Group PLC | AGM |
| Trellus Health PLC | AGM |
| Whitbread PLC | AGM |
| Friday 23 June | |
| Cadogan Petroleum PLC | AGM |
| Mears Group PLC | AGM |
| Non-Standard Finance PLC | AGM |
| Ocean Harvest Technology Group PLC | AGM |
| Oxford Biomedica PLC | AGM |
| Pelatro PLC | AGM |
| Petrofac Ltd | AGM |
| Princess Private Equity Holding Ltd | AGM |
| Rathbones Group PLC | GM re agreement regarding all-share combination with Invested Wealth & Investment Ltd |
| Supply@Me Capital PLC | GM re open offer warrant holders |
| Vietnam Enterprise Investments Ltd | AGM |
| VPC Specialty Lending Investments PLC | AGM |
| Monday 26 June | |
| Aterian PLC | AGM |
| Capricorn Energy PLC | AGM |
| Corre Energy BV | AGM |
| Facilities by ADF PLC | AGM |
| Lexington Gold Ltd | SGM re proposed acquisition of White Rivers Exploration Ltd |
| LifeSafe Holdings PLC | AGM |
| Premier African Minerals Ltd | AGM |
| Vast Resources PLC | GM re issuing new share capital |
| Volvere PLC | AGM |
| Tuesday 27 June | |
| Acuity RM Group PLC | AGM |
| Comptoir Group PLC | AGM |
| Creo Medical Group PLC | AGM |
| First Tin PLC | AGM |
| Forward Partners Group PLC | AGM |
| Galantas Gold Corp | AGM |
| Gemfields Group Ltd | AGM |
| Golden Prospect Precious Metals Ltd | AGM |
| Hamak Gold Ltd | AGM |
| ICG Enterprise Trust PLC | AGM |
| Impellam Group PLC | AGM |
| India Capital Growth Fund Ltd | AGM |
| Inspiration Healthcare Group PLC | AGM |
| Instem PLC | AGM |
| JD Sports Fashion PLC | AGM |
| Kingfisher PLC | AGM |
| Mercantile Ports & Logistics Ltd | GM re equity fundraising |
| Mobile Tornado Group PLC | AGM |
| Revolution Beauty Group PLC | AGM |
| Scottish Mortgage Investment Trust PLC | AGM |
| Serabi Gold PLC | AGM |
| Sondrel Holdings PLC | AGM |
| Surface Transforms PLC | AGM |
| Surgical Innovations Group PLC | AGM |
| Trinity Exploration & Production PLC | AGM |
| Wednesday 28 June | |
| Atalaya Mining PLC | AGM |
| Avacta Group PLC | AGM |
| Boku Inc | AGM |
| Cambridge Cognition Holdings PLC | AGM |
| Cizzle Biotechnology Holdings PLC | AGM |
| Cobra Resources PLC | AGM |
| Cora Gold Ltd | AGM |
| Dial Square Investments PLC | AGM |
| Itaconix PLC | AGM |
| NB Distressed Debt Investment Fund Ltd | AGM |
| Panthera Resources PLC | GM re directors’ authority to allot shares |
| Phoenix Spree Deutschland Ltd | AGM |
| Pineapple Power Corp PLC | AGM |
| Polarean Imaging PLC | AGM |
| RA International Group PLC | AGM |
| Schroder European Real Estate Investment Trust PLC | AGM |
| Shield Therapeutics PLC | AGM |
| St Mark Homes PLC | AGM |
| Star Phoenix Group Ltd | AGM |
| ValiRx PLC | AGM |
| Velocys PLC | AGM |
| Vertu Motors PLC | AGM |
| Warpaint London PLC | AGM |
| Westminster Group PLC | AGM |
| Zenova Group PLC | AGM |
| Copyright 2023 Alliance News Ltd. All Rights Reserved. | |
19 May 2023 13:01
UPDATE: Velocys plunges on GBP6 million capital raise
(Alliance News) - Velocys PLC on Friday said it has raised GBP6 million through a placing and retail offer of 240.0 million new shares.
Read more19 May 2023 11:07
IN BRIEF: Velocys says placing and retail offer raise GBP6 million
Velocys PLC - Sustainable fuels technology company - Says its books are covered at around GBP6 million as a result of its placing and retail offer. Adds that the books remain open. Says both placing and retail offer close today.
Read more19 May 2023 10:15
AIM WINNERS & LOSERS: iEnergizer to depart; Unbound for sale
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.
Read more19 May 2023 07:21
Velocys raises £6m for manufacturing scale-up, Ohio facility
(Sharecast News) - Sustainable fuels technology company Velocys successfully raised £6m in a placing and retail offer on Friday, to be used on the scale-up of manufacturing and the commissioning of its Ohio facility.
Read more18 May 2023 18:40
Velocys future in question as launches fundraise and loss widens
(Alliance News) - Velocys PLC on Thursday voiced concerns over its ability to continue as a going concern after it launched a fundraise and reported widened annual loss.
Read more17 May 2023 09:44
LONDON BROKER RATINGS: Canaccord reinitiates Antofagasta with 'buy'
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
Read more10 May 2023 13:27
TRADING UPDATES: Datalex renews partnership; Live Co sells tours
(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 more10 May 2023 13:10
Velocys confirms Altalto claims first tranche of DfT grant funding
(Sharecast News) - Velocys announced on Wednesday that Altalto has claimed the first tranche of £7m from the UK Department for Transport (DfT) advanced fuel funds grant for the Altalto Immingham sustainable aviation fuel project.
Read more31 Mar 2023 13:55
Velocys says UK paper could aid Altalto waste-to-jet fuel project
(Alliance News) - Velocys PLC said on Friday that it welcomes the UK government's consultation paper supporting sustainable aviation fuel.
Read more27 Jan 2023 21:13
TRADING UPDATES: Flowtech revenue up; Velocys meets expectations
(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 more25 Jan 2023 16:16
Velocys, Bechtel collaborate on sustainable aviation fuel delivery
(Alliance News) - Velocys PLC on Wednesday said it has agreed a sustainable aviation fuel project delivery solution for global markets.
Read more12 Dec 2022 12:20
LONDON MARKET MIDDAY: Stocks down as recession UK fear remains
(Alliance News) - Stock prices in London were in the red at midday on Monday after a positive reading on the health of the UK economy failed to alleviate worry about impending recession.
Read more12 Dec 2022 10:38
AIM WINNERS & LOSERS: Velocys shares jump on two UK government grants
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.
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