(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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Air Partner PLC - Gatwick-based aviation services provider - Expects earnings to beat management forecasts for the 2022 financial year ending January 31. Trading in the first five months of financial 2022 was strong and is now well ahead of pre-pandemic levels, driven by US private jets and charter flights.
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Avingtrans PLC - Cambridgeshire-based engineering equipment maker - Results for year ended May 31 will be at least in line with market expectations, an upward revision from the previous update in February. Final dividend will include an amount to reflect the non-payment of an interim dividend. Current financial year is expected to include interim and final dividends.
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Active Energy Group PLC - London-based biomass energy company - Says it is pleased with initial performance at the Ashland facility and is working to increase the production rate of CoalSwitch to three tonnes per hour. Completes procedural formalities to list on the OTCQB Venture Market.
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Diaceutics PLC - Belfast-based data analytics company - Expects to report GBP6.0 million revenue in the first half of 2021, up 13% year-on-year from GBP5.3 million. 30% of revenue came from the DXRX platform, beating the full-year target of 20%.
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Deltex Medical Group PLC - Chichester-based medical probes maker - Revenue in first half of 2021 was GBP1.1 million, down 8.3% year-on-year from GBP1.2 million, as there were few elective surgeries during the pandemic. Expects revenue to climb in the second half as the number of elective surgeries rises.
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Central Asia Metals PLC - Base metals miner in Kazakhstan - Copper production in the first half of 2021 falls 5.9% year-on-year, to 6,214 tonnes from 6,607 tonnes. Zinc production falls 7.5% to 11,292 tonnes from 12,203 tonnes. Lead production falls 8.8% to 13,807 tonnes from 15,140 tonnes.
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Mode Global Holdings PLC - London-based digital bank - Signs contract with THG enabling shoppers to pay with Mode and earn bitcoin rewards. Contract follows from memorandum of understanding announced June 14.
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Caledonia Mining Corp PLC - gold miner in southern Africa - Pursues listing of depositary receipts on Victoria Falls Stock Exchange, Zimbabwe, to raise USD3.0 million. Proceeds will be used for general corporate purposes.
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Shanta Gold Ltd - gold miner in Tanzania - Provides drilling results from Bauhinia Creek East Area 1 target at the New Luika gold mine. Drilling indicates 39,786 ounces of indicated resources graded at 4.74 grams per tonne. Results "further underline the resource potential at New Luika, with an additional 116,247 ounces of gold being added to [New Luika's] indicated resources in the first half of this year," Chief Executive Eric Zurrin says.
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Altus Strategies PLC - mining royalties investor - Announces encouraging drilling results from the Tabakorole gold project in Mali. "Of particular significance is the discovery of a new zone of mineralisation 3km to the southeast of the main deposit. This discovery represents just one of numerous targets that have been defined to date, based on soil and geophysical anomalies, and underscores our confidence that the deposit at Tabakorole will continue to grow," Chief Eecutive Steven Poulton said. Altus holds a 49% stake and 2.5% net smelter return royalty in Tabakorole.
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By Ivan Edwards; ivanedwards@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
Avingtrans (AVG)
Shanta Gold (SHG)
Central Asia Metals (CAML)
Deltex Medical (DEMG)
Active Energy (AEG)
Caledonia Min (CMCL)
Diaceutics (DXRX)
R8 Capital Inv (MODE)