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(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
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Windar Photonics PLC - Copenhagen, Denmark-based light detection and ranging optimisation systems for monitoring wind turbines - Receives new test order as part of distribution pact with Vestas Wind Systems AS. Deal is for provision of LiDAR wind sensor with an independent power producer in Australia. Windar adds: "The order, for an initial 5 units and an option for a further additional 43 systems, is based on the earlier successful demonstration in North America showing material yaw-alignment optimisation, providing proven annual energy production increases of more than 3% and the reduction of wind turbine loads and alarms resulting in less downtime in high wind speed periods. These results were verified by Vestas, the independent power producer and internal Windar analytic reports."
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XLMedia PLC - Henley-on-Thames-based digital publisher - To supply "premium sports betting content" for newsbrand Newsweek. "XLMedia will supply the exclusive content through its Sports Betting Dime brand," it says. "Newsweek represents XLMedia's largest national media partner to date, offering substantial audience reach across the US in both current states with legalised online sports betting and future states as sports betting continues to legalise across the country."
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Mobile Streams PLC - London-based mobile content provider - Becomes exclusive provider of non-fungible token for Extreme Fighting Championship. Johannesburg-based EFC is a mixed martial arts promotion. "We are delighted to have signed this contract. The EFC provides Mobile Streams with a globally relevant, exclusive and unique sports partnership opportunity. We can't wait to get started," Chief Executive Mark Epstein comments.
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essensys PLC - London-based software and cloud services for flexible workspace industry - Says makes "solid progress" in first quarter of year ending July 31. Revenue is up 22% year-on-year. "Contracted new business continues to grow in line with management expectations and the Group continues to expand with its existing strategic customers. Significant progress has been made in APAC with the recent signing of significant multi-site landlords in both Singapore and Australia. Notable near-term pipeline activity includes a new multi-site flex customer in the US and a substantial opportunity with an existing customer in France," company adds. Says confident of annual outcome in line with market expectations.
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Record PLC - Berkshire, England-based currency and derivatives manager - Says its Emerging Market Sustainable Finance Fund was sole investor in latest transaction of local currency bonds issued by The European Bank for Reconstruction & Development in Armenia. Notes EBRD raises AMD2 billion, about USD5 million, from new issue of offshore Armenian dram-denominated bonds.
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Likewise Group PLC - Birmingham-based domestic and commercial floor coverings distributor - Like-for-like sales in October and November increase 28%. Total sales more than double over the same period. Sales are also up more than double year-to-date. "Notwithstanding challenging market conditions this keeps the group very much on course to achieve its medium-term objectives," Likewise adds.
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Aptamer Group PLC - York, England-based provider of custom services, diagnostics and therapeutics for biotechnology and pharmaceutical firms - Reports new contract wins. Enters into second phase of pact with Cancer Research UK. Deal relates to delivery of Optimer binder for a treatment for chronic myelomonocytic leukaemia. Leukaemia is a blood cancer. "Our Aptamer Solutions business has also seen significant progress since our full year results, with numerous new projects underway. Since the publication of the group's full year results, we have signed deals with a number of companies related to the development of Optimer solutions for assays where antibodies are not meeting their specificity and selectivity requirements," Chief Executive Arron Tolley says. In addition, Aptamer signs deal with vaccine developer Novavax, focused on respiratory diseases.
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Zephyr Energy PLC - Oil & gas exploration and development in US Rocky Mountains - Next phase of production testing begins on State 16-2 LN-CC well in Utah. "The well was successfully drilled, completed, and tested in December 2021. Initial production rates peaked at approximately 1,100 barrels of oil equivalent per day despite production being constrained and heavily choked throughout the initial production test due to surface equipment limitations," company adds. Since initial test, company has worked with consultants to test plans for improved flow assurance, prepare for eventual gas export and work towards compiling further output data. Chief Executive Colin Harrington adds: "I am pleased to announce that following the completion of the significant upfront planning, design, construction and commissioning operations, the next phase of production testing has commenced and hydrocarbons are once again being produced from the well."
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Technology Minerals PLC - London-based company focused on creating a circular economy for battery metals - Says 49%-owned Recyclus Group Ltd processes 19 tonnes of end-of-life batteries at recycling plant in Tipton, in England's West Midlands. "Recyclus plans to scale up its operations at Tipton while preparing to commence industrial-scale automated processing once it has received the final approval from the Environmental Agency," Technology Minerals adds.
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Transense Technologies PLC - Bicester, England-based developer of specialist sensor systems for vehicles - Says revenue in five months to November 30 "in line with the board's expectations" and up roughly a third year-on-year. Transense adds: "Commercial development opportunities across all three segments of the company's business show good prospects for further growth as the financial year progresses."
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Horizonte Minerals PLC - nickel company focused on Brazil - Says two port contracts at Araguaia nickel asset in Brazil. Pacts span minimum of five years and cover in-bound consumables and outbound ferro nickel product through the Vila do Conde Port. Deals awarded to Grupo Atlantica Matapi and Santos Brasil Tecon Vila do Conde. Horizonte adds: "As well as being the closest port to Araguaia, Vila do Conde also provides bonded warehouse services, laydown areas, loading and storage facilities in line with the company's operational requirements. Further, by securing the same port for both contracts, synergies exist through back haulage of consumables and ferro nickel product allowing for both the inward and outward journeys to be utilised maximising the cost savings."
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By Eric Cunha; ericcunha@alliancenews.com
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