Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWebis Share News (WEB)

Share Price Information for Webis (WEB)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.30
Bid: 1.10
Ask: 1.50
Change: 0.00 (0.00%)
Spread: 0.40 (36.364%)
Open: 1.30
High: 1.30
Low: 1.30
Prev. Close: 1.30
WEB 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: Webis wins racetrack deal; Plexus confident

Fri, 23rd Dec 2022 15:40

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

----------

Plexus Holdings PLC - West Sussex-based engineering services provider - Lauds "number of enquiries regarding our portfolio of Plexus products". Company says: "Having faced a number of obstacles during our long campaign to reduce or prevent methane emissions in the oil and gas industry, we believe that our tenacity is finally beginning to pay dividends with Plexus' wellhead sealing technology increasingly being recognised as an ESG-enabling opportunity."

----------

Webis Holdings PLC - Isle of Man-based gaming firm - Says advanced deposit wagering arm WatchandWager.com LLC secures deal with Monarch Content Management Group. Unit will accept wagers on all Monarch-operated racetracks in 2023. "The agreement with Monarch Content Management Group allows WatchandWager players to wager on races at Golden Gate Fields, Gulfstream Park, Laurel Park, Pimlico, and Santa Anita Park plus many others. The additions of Gulfstream Park and Pimlico are important additions to the WatchandWager menu of available tracks. Based near Miami, Florida, Gulfstream Park is a major centre of US horse racing, especially during the winter and spring when it hosts the Grade 1 Pegasus World Cup, as well as the Grade 1 Florida Derby and Grade 2 Fountain of Youth Stakes for Kentucky Derby hopefuls," Webis adds.

----------

Agronomics Ltd - Isle of Man-based cellular agriculture investment firm - Finnish portfolio company Solar Foods Oy receives EUR34 million grant to support build of fermentation facility. Fudning will also go towards preparations for full scale facility. Agronomics owns 5.8% of Solar Foods, which is focused on commercialising Solein protein made from air offering.

----------

Arrow Exploration Corp - Calgary, Canada-based oil and gas company - Kicks off drilling rig move to Rio Cravo Este in order to "exploit the Carbonera sandstone reservoir" in Colombia. "Three additional infill wells will be drilled in Q1 2023 with RCE-3 expected to spud in January 2023. RCE-4 and RCE-5 will be drilled in sequence. The drilling rig was initially delayed due to a different operator experiencing operational issues," Arrow says. "Upon completion of the RCE-3, RCE-4 and RCE-5 wells, the company is contemplating drilling two to three additional wells into the Gacheta sandstone reservoir in the fault bounded RCE structure. RCE-2 tested rates exceeding 700 [barrels of oil per day] gross from the Gacheta sandstone. Dedicated Gacheta wells would likely spud in the third quarter of 2023."

----------

Rotala PLC - bus operations at Heathrow airport and in West Midlands and North West - Awarded seven out of the nine available small franchises by the Greater Manchester Combined Authority in Bolton, Bury, Wigan, Farnworth, Leigh, and Salford. Wins contribute to combined annual revenue of GBP18.7 million. Also wins new pacts in West Midlands. Expects deals to increase revenue in region by GBP2.9 million. However, expects decline in annualised revenue of GBP3.5 million when factoring in unsuccessful bids for two larger GMCA franchises. Says traded in line with budget for year to November 30. "The board believes that the group is now well positioned to return to pre-Covid levels of profitability," Rotala says.

----------

MobilityOne Ltd - Malaysia-based e-commerce infrastructure payments and platform provider - Makes "significant progress" in preparatory work for Financial Conduct Authority application. MobilityOne is eyeing a UK electronic money institution application. It now expects to re-submit a revised FCA application in the first quarter of 2023, rather than fourth quarter of 2022, however. It adds: "External personnel availability during the festive period has meant that onboarding the requisite services is taking longer than expected."

----------

Blue Star Capital PLC - Sussex-based investment company focused on e-sports, payments and technology - Notes smart-blockchain infrastructure technology company Pendulum completes crowdloan. Crowdloan reached hardcap of GBP1.1 million. Blue Star investee SatoshiPay has 5.5% interest in Pendulum's future tokens. Blue Star owns 28% of SatoshiPay.

----------

By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2022 Alliance News Ltd. All Rights Reserved.

More News
13 Mar 2014 11:59

UK WINNERS & LOSERS: Supermarkets Plummet; G4S Falls Again

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.

-------

FTSE 100 - WINNERS

Barclays, up 2.7%. Numis has upgraded the bank to Add from Hold, increa

Read more
13 Mar 2014 09:15

Webis Holdings Subsidiary Signs Hong Kong Betting Pool Deal

LONDON (Alliance News) - Webis Holdings PLC said Thursday its subsidiary WatchandWager.com has signed an agreement with the Hong Kong Jockey Club Horse Race Betting Limited. Shares in the gaming and technology firm jumped in early trading after WatchandWager.com said the deal would provide

Read more
21 Feb 2014 09:30

Webis Holdings Swings to First-Half Profit On 11% Rise In Revenues

LONDON (Alliance News) - Gaming group Webis Holdings PLC Friday said it swung to a profit for the first half of the year, boosted by a 11% rise in revenues. In what it said is traditionally the quieter half of its financial year, the group reported revenues of GBP79.2 million for the 26 wee

Read more
21 Feb 2014 08:18

UK MORNING BRIEFING: RBS, Glaxo Among The Early Risers

LONDON (Alliance News) - Royal Bank Of Scotland Group is one of the top gainers early Friday on a report that it will shrink dramatically, while GlaxoSmithKline is off to a good start after one of its new drugs was recommended for approval in Europe.

The London equity markets are hi

Read more
28 Oct 2013 11:05

Webis Shares Up 30% As Company Swings To Operating Profit, Increases Revenues

Read more
15 Sep 2011 11:35

Webis pares losses

Online gaming group Webis cuts its losses in the year to end of May but said trading remained challenging. The firm posted a loss for the period of £110,000, acompared to a loss of £337,000 in 2010. Group turnover for the year fell from £114m to £106m. It said that after "a much improved performa

Read more
20 Jul 2011 15:42

Payment issues hit Webis

Webis, the operator of the betinternet.com betting site, fell after saying payment issues hurt margins in the year to 29 May. "Most payment processors and banks have been cautious with regards to the provision of services and the few that have done so have proven to be inconsistent and expensive,"

Read more
15 Oct 2010 15:37

Small caps round-up: Mariana, Webis, Strategic Thought ...

Mariana Resources has found three new high gold intersections from follow up drilling at the Calandria Norte target. "They highlight the potential for high grade vein-breccias at Las Calandrias and Calandria Norte in particular, in addition to the bulk tonnage style gold mineralizati

Read more
13 Jul 2010 16:31

London close: Triple digit gains

Footsie's gains exceeded the triple-digit level at trading's close after optimism engendered by an upbeat start to the US results season. Aluminium giant Alcoa posted profits ahead of expectations last night. Here, product testing company Intertek is benefitting from Merrill Lynch lifting its pric

Read more
13 Jul 2010 14:30

London afternoon: Good start to US results season lifts UK

Footsie has risen steadily throughout the day, riding a wave of optimism after aluminium giant Alcoa got the second quarter results season in the US off to a strong start, while Merrill Lynch further aided sentiment by talking down the chances of the global economy experiencing a double-dip recessio

Read more
13 Jul 2010 12:16

London midday: Stocks kick on as inflation eases

Inflation figures gave the London stock market a boost this morning and the Footsie ended the session close to its highest level for the day. Consumer price inflation (CPI) eased towards the Bank of England's target level of 2% in the year to June. helped by lower petrol prices. CPI annual inflati

Read more
13 Jul 2010 08:51

London open: Steady start for blue chips

Footsie has made a healthy start with another good news day for BP helping the oil giant recover further. BP shares are up another 4% so far this morning on hopes it is near to stemming the flow of oil spilling into the Gulf of Mexico. A new 75-tonne steel cap was lowered over the damaged well lat

Read more
13 Jul 2010 07:34

Webis Holdings Sees FY10 'Significantly' Below FY09 >WEB.LN

LONDON (Dow Jones)--Webis Holdings PLC (WEB.LN), the global on-line gaming group, said Tuesday trading for the year ended May 31 will be significantly below the directors' previous expectations, despite betinternet achieving a significantly higher than expected turnover for the World Cup with very f

Read more
13 Jul 2010 07:13

Webis to miss FY forecasts

Online betting group Webis warned that trading for the full year ended 30 May 2010 will be significantly below the group's previous expectations. "This fall was primarily as a result of the previously notified reduction in casino play, where the 'high-roller' business that the operation had previou

Read more
30 Oct 2009 11:49

High-rollers desert Webis

Online gaming group Webis says that trading is below expectations because of lower margins at its betinternet.com subsidiary. The news knocked 0.62p off the share price, taking it to 2.62p and making it one of the worst performers of the day. A lack of high-rollers for the casino business and u

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.