EARNINGS AND TRADING: Everplay pushes back Hell Let Loose release date

Tue, 02nd Jun 2026 22:12

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

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Powerhouse Energy Group PLC - Bingley, England-based firm focused on turning non-recyclable waste into low carbon energy - Raises GBP150,000 via an oversubscribed retail offer, taking total fundraise to GBP650,000. Chief Executive Paul Emmitt says: "We would like to thank all those investors who have taken part in this oversubscribed retail offer and were delighted with the support that we received during the process. The funds raised, along with those of the recent placing, will help us further drive forward our business delivering on our strategy and projects."

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Primorus Investments PLC - London-based investment group - Pretax profit is GBP902,000 in 2025, down from GBP2.7 million the year prior. The prior year figure benefited from a GBP3.2 million gain on financial investments compared to a GBP243,000 loss in 2025. Basic and diluted profit per share is 0.674 pence versus 1.923p. "A number of investee companies performed well during the year and delivered encouraging operational and strategic progress. Where investments no longer aligned with the company's long-term objectives, the board took decisive action to recycle capital, including the disposal of the company's holding in Pri0r1ty Intelligence Group PLC," it says. Primorus sees no immediate requirement to raise capital but does not rule out the possibility should the right opportunity present itself. Presently, the company is not considering any potential investments that would necessitate such action. "Cost control remains a key focus, particularly in the current environment. The board will continue to prioritise efficiency while working to enhance shareholder value," it adds.

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Pulsar Helium Inc - US and Greenland-focused helium company - Net loss is USD12.2 million in the six months to March, widened from USD7.1 million the year prior. No revenue is reported in either year. Basic and diluted loss per common share stretches to USD0.07 from USD0.06. Chief Executive Thomas Abraham-James says: "During the period and post period, Pulsar has been driven by our intention to develop Topaz into a significant primary helium producer, building on growing momentum at the project as we move decisively toward production readiness. Recent legislative progress updating Minnesota's permitting framework for helium extraction provides a clearer pathway toward future production, and securing ownership of the surface land overlying our leased mineral rights provides Pulsar with increased operational control and long-term development certainty as we continue advancing Topaz toward production. The company is now obtaining quotes for the drilling of up to four new production wells to supplement the two production-ready wells already drilled."

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Sabre Insurance Group PLC - Dorking, Surrey-based motor insurance underwriter - Announces its intention to launch an on-market share buyback programme to return GBP5 million to shareholders after receiving regulatory approval to proceed. The board believes a buyback remains "appropriate and a value-enhancing use of cash", while maintaining the group's financial flexibility to invest in its strategy. The buyback, to be run by Panmure Liberum, is anticipated to end no later than the end of 2026.

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Pantheon Resources PLC - oil and gas company focused on developing the Ahpun and Kodiak onshore oil fields in Alaska - Reports that it was asked to join other North Slope producers before the Alaska Legislature's House Finance Committee late last week, to provide an overview of its projects and their potential to provide natural gas to the proposed natural gas pipeline being pursued by The Glenfarne Group and the State of Alaska. The legislature is currently in a special session focused exclusively on a tax relief package sponsored by the Governor to support the AK LNG project. Further, Pantheon says it continues to actively pursue all available strategic options to maximise value from its projects and confirms that the farm-out initiatives remain underway, with multiple parties engaged in the data room. Stresses such discussions are "complex by nature, requiring extensive due diligence, and as such, a rapid outcome should not be expected." However "progress is being made and the company anticipates providing an update to the market before the end of summer."

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Panther Metals PLC - Canada-focused mineral deposits exploration company - Provides an update for the ongoing drill programme at the Awkward Conduit Target, within the Obonga project located in Ontario, Canada. Explains that the drilling programme has been specifically designed to test the company's geological model by targeting the interpreted base of a potentially tube-like magma conduit system, or chonolith. Panther's drilling has intersected broad intervals of disseminated and veined sulphides hosted within a varitextured gabbroic mafic-ultramafic intrusive system, interpreted to be within a potential magma conduit environment. Portable readings from sulphide-rich intervals returned elevated anomalous nickel and cobalt values, with sulphides visually dominated by pyrrhotite. Panther will discuss initial findings at the Quebec City Mining Investment conference.

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Everplay Group PLC - Wakefield, England-based app and video game company - Says Hell Let Loose: Vietnam, the next instalment in the Hell Let Loose franchise, will be released on August 13, later than initially planned. Everplay says the recent large scale open beta test attracted over 352,000 unique players, with daily average users peaking at over 184,000. "While feedback on the content of the game was positive, some performance improvements were identified for further refinement ahead of launch. The Hell Let Loose team have listened to the community and has taken the decision to push back the launch of the game to ensure the best possible gaming experience for the players," it says. Remains confident in delivering full-year 2026 results in line with current market expectations, with delivery of adjusted earnings before interest, tax, depreciation and amortisation weighted to the second half.

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By Jeremy Cutler, Alliance News reporter

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