Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksZenith Energy Share News (ZEN)

Share Price Information for Zenith Energy (ZEN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.90
Bid: 1.80
Ask: 2.00
Change: 0.00 (0.00%)
Spread: 0.20 (11.111%)
Open: 1.90
High: 1.90
Low: 1.90
Prev. Close: 1.90
ZEN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK TRADING UPDATE SUMMARY: Retailer Sosandar In Quarterly Revenue Jump

Tue, 07th Jul 2020 16:35

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

----------

Sosandar PLC - Cheshire-based women's clothing retailer - Says first quarter revenue surges by 54% annually. Has seen 24% increase in new customers during quarter.

----------

Altitude Group PLC - personalised products marketplace operator - Trading between January and mid-March went as forecast though between mid-March and May, supplier partners posted 80% year-on-year slumps in regular promotional orders. Activity has increased as some US states emerge from lockdown, order activity in June at 50% of prior year.

----------

Rosslyn Data Technologies PLC - procurement and master data management solutions provider - Notes it has continued to support its clients, across various sectors such as banking and pharmaceuticals, during Covid-19 pandemic. Notes it saved one customer GBP12 million through data and invoicing assistance.

----------

Argo Blockchain PLC - cryptocurrency miner - Mined 180 bitcoin or bitcoin equivalent in June, down 29% from 252 in May. Argo notes month-on-month reduction down to "rise in mining difficulty mid-month and an adjustment to more cost-efficient mining".

----------

PCI-PAL PLC - secure payment solutions provider - Expects to report revenue of GBP4.4 million for year to June 30, up 55% from GBP2.8 million. Expects revenue growth between 50% and 60% in financial 2021.

----------

Live Company Group PLC - events firm - Says significant cost savings achieved in second quarter. BRICKLIVE Animal Paradise site now open in a Michigan zoo but number of events booked for quarter postponed due to Covid-19.

----------

Enwell Energy PLC - Ukraine-focused oil and gas explorer - Says overall production volumes in Ukraine rose 13% year-on-year in second quarter. Notes SV-54 development well completed after reaching final depth of 5,322 metres.

----------

Cadence Minerals PLC - Mineral resources investor based in London - Says Amapa iron ore project owner DEV Mineracao SA yet to reach a settlement with its creditors. It remains the last precondition before Cadence takes stake in project.

----------

Aura Energy Ltd - Australian minerals exploration firm - Signs CAD4.5 million, about GBP million, funding term sheet with Toronto-listed Chilean Metals Inc for Aura's gold, base and battery metal tenements in Mauritania.

----------

Thor Mining PLC - London-based vanadium miner - Reports "positive" assay results from field sampling of potential vanadium acquisition in Colorado.

----------

Zenith Energy Ltd - Africa-focused oil & gas producer - Enters into a joint-venture agreement with an oil and gas firm in Republic of Congo. Purpose of the pact is to acquire an onshore oil production licence which had output rate of 300 barrels of oil per day in 2019.

----------

Pure Gold Mining Inc - Canada-based gold mine developer - Exploration drilling at Red Lake mine funds "high-grade gold mineralisation".

----------

PureTech Health PLC - London-based biotherapeutics firm - Founding entity Vor raises USD110 million in Series B financing. Cash to go towards advancing the VOR33 candidate into clinical trials.

----------

Inspiration Healthcare Group PLC - Crawley-based medical technology company - Notes that GBP18.0 million deal to acquire SLE Ltd has been completed.

----------

Vectura Group PLC - London-based drug delivery products - Notes Novartis's Enerzair Breezhaler asthma treatment product inks regulatory green light in Europe and Japan. Vectura receives USD6.3 million in milestone payments. Product uses Vectura's formulation IP.

----------

Open Orphan PLC - pharmaceutical services company - Signs three new laboratory services contracts. Notes one contract is with University of Cambridge spin-off NoBACZ Ltd which is developing an antimicrobial coating for everyday surface to prevent illness trasmission.

----------

SkinBioTherapeutics PLC - Macclesfield-based skin health-focused life sciences company - Finishes stable formulation of AxisBiotix product, a food supplement which treats psoriasis.

----------

Path Investments PLC - energy and natural resources investment company - Terms of acquisition of Zoetic International PLC's 75% stake in DT Ultravert altered. Path will now issue 15.0 million warrants at an exercise price of 0.75p, together with 15.0 million warrants exercisable at 1.5p. Path to also pay Zoetic a royalty of 6% from all revenue at DTU.

----------

Aberdeen New India Investment Trust PLC - investment trust - Enters into two-year GBP30 million loan pact with Royal Bank of Scotland International Ltd

----------

Frontier IP Group PLC - intellectual property investment company with offices in Edinburgh, Cambridge and London - Portfolio company Celerum Ltd sub-contracted to support software development for Aberdeen-based PlanSea Solutions Ltd. Frontier holds a 34% stake in Celerum.

----------

Braveheart Investment Group PLC - private equity and venture capital firm - Investee Paraytec Ltd progressing with Covid-19 test development with University of Sheffield. Producing an artificial version of virus to avoid using live Covid-19.

----------

Gresham House Energy Storage Fund PLC - London-based energy storage investor - Launches debt issue to fund acquisition of battery storage products. Aims to generate proceeds of GBP15 million through an initial issue of 5.0% per year fixed rate bonds.

----------

Gunsynd PLC - London-based investment firm - Placed a further 16.0 million shares due to investor demand, raising GBP104,000. Proceeds will go towards making investments.

----------

Helical PLC - property investor with office assets in London - On July 3, 76% of rent for June quarter was collected with further 15% agreed to be paid in instalments.

----------

Impax Asset Management Group PLC - sustainability-focused investor - Assets under management at end of June totalled GBP18.1 billion, a 26% increase during third quarter.

----------

Velocity Composites PLC - composite materials supplier for aerospace sector - Lands new framework agreement with customer that is a UK prime contractor in the defence sector.

----------

Avingtrans PLC - engineering firm - Revenue for year ended May 31 expected to rise 8.6% to GBP114 million from GBP105 million. Says Covid-19 shrouds visibility for financial 2021, so net year ready to release guidance.

----------

Seeing Machines Ltd - monitoring systems developer - Welcomes Moving Forward Act which has been passed by US House of Representatives. Bill requires vehicles to pass safety checks including automatic braking, lane-keeping, blind-spot detection, event data recorders. Bill needs Senate approval now.

----------

LPA Group PLC - LED lighting system manufacturer - Secures GBP3.3 million in contract wins in UK and export rail markets.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
19 Sep 2023 19:43

IN BRIEF: Zenith signs memorandum of understanding for Kazakhstan deal

Zenith Energy Ltd - Calgary, Canada-based energy firm - Signs a third memorandum of understanding with a company incorporated in Kazakhstan to evaluate the potential acquisition of an oil production and development asset. Explains the seller holds a 100% interest in the asset located in the Atyrau region. Notes the acquisition target formerly produced from wells drilled in 2008 at a rate of approximately 200 barrels of oil per day prior to the onset of the Covid-19 pandemic. Production is currently suspended. The purpose of the MOU is to formalise a framework whereby Zenith's interest may be completed subject to the completion of a rigorous technical and financial due diligence. According to the terms of the MOU, commercial terms, if agreed, are to be formalised by way of a share purchase agreement on or before November 30.

Read more
15 Sep 2023 10:46

Zenith Energy strikes deal for possible buy of Kazakhstan oil assets

(Alliance News) - Zenith Energy Ltd on Friday said it has signed a second memorandum of understanding with an unnamed company in Kazakhstan to explore the potential of buying two oil development assets in the Kyzylorda region.

Read more
4 Sep 2023 13:22

Zenith Energy signs accord for Kazakh asset, terminates two deals

(Alliance News) - Zenith Energy Ltd on Monday said it signed an accord with an Kazakh-incorporated firm, entitling Zenith a period of exclusivity of 90 days to evaluate a potential acquisition.

Read more
29 Aug 2023 12:04

Zenith Energy buys US-listed company to use as acquisition vehicle

(Alliance News) - Zenith Energy on Tuesday said it has acquired Cyber Apps World Inc via a securities purchase agreement with Janbella Group LLC.

Read more
4 Aug 2023 18:02

IN BRIEF: Zenith Energy ends discussions with Benin over Seme oilfield

Zenith Energy Ltd - Calgary, Canada-based energy company with production, exploration and development assets in Africa and Europe - Decides to end negotiations with the Benin Ministry of Water and Mines for the finalisation of a production sharing contract for Block 1, which contains the Seme oilfield, offshore Benin. Says the board took this decision following a "comprehensive evaluation of recent geopolitical developments in the vicinity of Benin". This is alongside the "significant long-term investment required to successfully develop the Seme oilfield, and the material progress made in other jurisdictions where Zenith now intends to maximise its technical and financial resources with comparatively reduced risk for the company's shareholders".

Read more
3 Aug 2023 18:04

IN BRIEF: Zenith Energy agrees to acquire Texas oil & gas interest

Zenith Energy Ltd - Calgary, Canada-based energy company with assets in Africa, Europe and the Middle East - Signs accord for acquisition of interest in Texas oil & gas acreage for around USD50,000. Says seller owns 100% gross working interest, 75% net revenue interest in 320 acres in a oil and gas lease of around 320 acres from surface down to a depth of approximately 800 metres, located in the east half of section 14, block 50 at University Lands in Crockett County, Texas. The seller will retain a carried GW of 10% of all drilling and completion work necessary for the first two wells to be drilled. Confirms its intention to operate the property and conduct oil and gas extraction and exploration activities. The seller has agreed to pay "its proportionate share of all subsequent drilling and completion work to be performed, as well as its share of ongoing operating costs, including workovers".

Read more
2 Aug 2023 14:17

IN BRIEF: Zenith Energy pays off full Vienna bond coupon

Zenith Energy Ltd - Calgary, Canada-based energy company with assets in Africa, Europe and the Middle East - Says it recently made coupon payments, in respect of four multi-currency euro medium term notes, in full and on time. Company had issued the notes on the Vienna MTF. Notes were in Swiss francs, euros, US dollars and Great British pounds.

Read more
31 Jul 2023 14:36

EARNINGS UPDATES: Kropz annual loss widens on impairments

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

Read more
10 Jul 2023 11:07

Zenith Energy obtains USD6.5 million account seizure in Switzerland

(Alliance News) - Zenith Energy Ltd on Monday said it successfully obtained a "conservative seizure" for an amount equivalent to approximately USD6.5 million deposited in a bank account in Switzerland.

Read more
5 Jul 2023 15:30

TRADING UPDATES: RTW plans buyback; Octopus AIM VCTs eye fundraise

(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 more
4 Jul 2023 16:20

IN BRIEF: Zenith Energy subsidiary awarded EUR30,000 in damages

Zenith Energy Ltd - Africa, Middle East and Europe-focused energy production and development company - On Monday, says its fully owned subsidiary Anglo African Oil & Gas Congo SAU has been awarded a payment of compensatory damages by the Paris Commercial Court in its claim against SMP Energies, the rig contractor that performed drilling services in wells TLP-103 and TLP-103C of the Tilapia oilfield during 2018 to 2019. SMP Energies is ordered to pay EUR30,000 to Anglo African.

Read more
23 Jun 2023 10:42

IN BRIEF: Zenith signs deal with South Sudan for oil and gas licence

Zenith Energy Ltd - Calgary, Canada-based energy company with production, exploration and development assets in Africa and Europe - Signs memorandum of understanding with the Minsitry of Petroleum in South Sudan for a licence negotiation. Says this relates to the acquisition and development of oil and gas production licences.

Read more
7 Jun 2023 08:53

Zenith Energy asks arbiter for USD48 million from Tunisia for harm

(Alliance News) - Zenith Energy Ltd on Tuesday said it filed legal proceedings against Tunisia, accusing the government of harming the commercial interests of investors in the country.

Read more
2 Jun 2023 09:34

IN BRIEF: Zenith Energy to buy various oil production assets across US

Zenith Energy Ltd - Calgary, Canada-based energy company with production, exploration and development assets in Africa and Europe - Signs deal with Stateside Energy LLC to buy a portfolio of oil production and development licences in Oklahoma, as well as certain other states in the US. Says under the deal, Zenith will incorporate a wholly owned special purpose vehicle in the US for the purpose of acquiring oil wells and licence blocks, called Newco. Says Stateside agrees to sell its oil production wells to Newco, subject to the completion of a satisfactory due diligence by Zenith for a nominal consideration.

Read more
26 May 2023 09:11

Zenith Energy shares up on plans to move into US market

(Alliance News) - Zenith Energy Ltd shares were up on Friday, after it said it plans to buy in the US.

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.