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Lansdowne Oil and Gas plc, a company in which SeaEnergy holds an 18.67% interest, has today announced its interim results for the six months ended 30 June 2015.
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announce that CERN, the European Organisation for Nuclear Research, has selected NetDimensions' learning management system to oversee the training requirements of up to 15,000 users to enable them to meet the highest certification management standards. In addition to the strict qualifications for different job roles, CERN requires members of personnel to complete additional certifications to make sure they are held to the highest standards for safety. CERN needed an efficient Learning Management System (LMS) to manage all of the training and certifications across the organisation. Giovanni Chierico, Section Leader of Advanced Information Systems - Human Resources at CERN, said: "We have around 15,000 members of personnel on site on any given day and they have a wide range of training needs. These members of personnel need certifications to gain access to the experiments at the Large Hadron Collider (LHC). In addition to safety training, we also provide other training, such as management skills, and language training. These are just some examples of the various needs of the learners. The aim is to use one central system to manage all learning at CERN." When evaluating vendors, CERN had some very specific and strict requirements related to data security and system flexibility. "Flexibility was one of the key requirements in our search. We needed to make sure that the LMS would integrate with our existing infrastructure, including solutions for access control, financial administration, course registration as well as the main HR system. NetDimensions Learning has a comprehensive set of APIs, so it can interface with the key solutions we already have in place. "We collect training and certification data and export it to the access control system, which is then used to authorise people's access on site. When the person enters the building, and uses their access card, the system then authorises access based on the certifications needed to enter the area and their validity. "We talked to a number of vendors, evaluating both the product features and the vendors' delivery capabilities. The flexibility NetDimensions Learning offers and the professionalism of its team are very important for CERN," concluded Chierico. Mads Jensen, General Manager, EMEA Sales at NetDimensions, said: "We are delighted to work with CERN. NetDimensions Learning has a comprehensive set of features in certification management, and it is specifically developed to meet the needs of organisations like CERN, where compliance is critical to daily operations and overall safety
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announce its half year results for the period ending 30 June 2015. Financial Highlights · 16% revenue growth to US$10.6m (2014 H1: US$9.1m) · 31% increase in recurring revenue from our global hosted secure Software as a Service ("SaaS") service to US$5.1m (2014 H1: US$3.9m) · First year average contract size increased 125% to US$209k Operations Highlights · Number of active users were 3.9m at the end of the period (2014 H1: 3.7m), excluding 1m not for profit users · Invoiced sales to clients in high-consequence industries represented 92% (2014 H1: 83%) of total invoiced sales for the period · 18 new clients added in the period through direct and reseller channels with a combined contracted value of US$3.1m. These new clients operate in a number of high consequence industries including healthcare, financial services, transportation, energy, and manufacturing Graham Higgins, Chairman of NetDimensions, commented: "The Company made good progress during the period in terms of total revenue growth generally and recurring SaaS revenue in particular while the Company continues to execute on its strategy of focusing on high consequence industries. The Company continues to build on the progress made in the first half of the year and, being second half weighted, we expect a stronger performance over the remainder of the current financial year."
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is pleased to note that the Ministry of Transport in Qatar has announced that all local vessels are now mandated to be fitted with an AIS transceiver. In connection with the mandate, SRT has received an order for AIS transceivers from its regional partner for deployment in Qatar. SRT understands that the total requirement under the new mandate will be for up to 5,000 transceivers.
results for the six months ending 30 June 2015*: Key Performance Indicators § 21% increase in new depositing players to 42,305 (H2 2014: 35,102; H1 2014: 40,585) § 13% increase in active depositing players to 63,411 (H2 2014: 56,079; H1 2014: 62,356) § Net revenue of £12.7m (H2 2014: £12.9m; H1 2014: £14.5m) Operational Highlights § New three year partnership agreement signed with Channel 5/Viacom† § Succesful implementation of revised marketing strategy § Key KPIs remain strong § Launched fully responsive SuperCasino site ensuring a consistent user experience across all devices § Increased average revenue per active depositing players across the casino-only brands of £273 (H2 2014: £270; H1 2014: £265) Financial Highlights § Adjusted EBITDA‡ increased to £1.3m versus prior periods on a like-for-like basis (LFL)§ (H2 LFL 2014: £0.1m; H1 LFL 2014: £0.6m) § Betting and gaming duties expense of £1.9m (H2 2014: £0.4m; H1 2014: £0.1m) following the introduction of the UK Point of Consumption (POC) duty § Marketing expenditure reduced by 24% to £4.5m (H2 2014: £5.9m; H1 2014: £7.1m) as a result of more efficient expenditure § Adjusted profit before tax** of £1.1m (H2 2014: £1.2m; H1 2014: £2.1m) and reported profit before tax of £0.2m (H2 2014: loss of £1.1m; H1 2014: profit of £1.2m) § Adjusted earnings per share** of 0.37 pence per share (H2 2014: 0.40 pence per share; H1 2014: 0.70 pence per share) § Cash and cash equivalents, increase to £15.8m (H2 2014: £14.2m; H1 2014: £14.3m) with net cash generated from online gaming operations†† of £1.0m (H2 2014: £1.1m; H1 2014: £1.9m) § Interim dividend maintained at 0.22 pence per share, ex-dividend date Thursday 1 October 2015 Post Period Events § Completion of acquisition of Otherside Inc., an specialist online digital marketing, product development and technology company, for a total consideration of £3.2m‡‡ § Launch of mobile sportsbook product on Vernons.com which is already taking in excess of 50% of all sportbook bets Commenting on the results and the trading update, Bjarke Larsen, CEO of NetPlay TV said: "We are very pleased to report our decisive action at the end of 2014 has delivered such a positive outcome with all of our KPIs holding strong. In a post POC market, our strategy to focus on TV-led customer acquisition, supported by digital marketing, has proved successful. "We're excited about the opportunities that the acquisition of Otherside Inc. brings to the Group initially providing a profitable revenue stream whilst adding to our capability in driving traffic to NetPlay's brands once the integration is complete. This alongside the Group's solid marketing performance and oppor
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Great news. More detail has recently won significant contracts with a Healthcare Institution and a major London based property group, worth £1.5m and £1m per annum respectively. The directors are increasingly confident about the prospect for Croma Vigilant in both the short and medium term. Sebastian Morley, Executive Chairman commented: "These contracts have been awarded to Croma in the face of sharp competition. Although our offering was not the cheapest, we won because of our luminous difference as the ex-military security professionals. This is becoming a welcome theme for our business and we will aggressively spread this message to companies who demand the highest standards for their security services."
mirada plc, the AIM-quoted technology expert in digital TV solutions, is delighted to announce the commercial launch of a new User Interface (“UI”) at Movistar+ in Spain (“the Operator”), based on mirada’s inspire UI. Movistar+ is deploying a new version of its digital Pay TV solution for its subscriber base in Spain, representing nearly 4 million customers. mirada’s collaboration included the scoping and design of the new UI which was heavily based on the Company’s flagship product, inspire UI, and its usability mechanisms. This UI is part of the new commercial strategy implemented by Movistar+, in which it will enhance the user experience and content promotion of popular television series. Specific and carefully defined features of Movistar+’ new UI promote the enhanced strategic needs of the Operator. mirada’s CEO, Jose Luis Vazquez, said: “It has been a pleasure to start the collaboration with Telefónica in Spain with such a relevant project. The selection of a new UI based on our inspire solution demonstrates once again the advantages of this product’s design, and its capability to cover the new trends on audiovisual consumption.”
Birmingham based Real Estate Investment Trust, announces that in addition to previously reported sales in 2015, totalling £12.0 million, it has sold further properties from its non-core portfolio, producing further capital receipts to the Company of £4.0 million. These sales comprise a property in Surrey for £2.5 million and a property in Watford for £1.5 million, both of which are located outside of the Company's core markets of central Birmingham and the Midlands. Both sales were made at levels above the Company's book values. The Company plans to release Half Year results for the six months ended 30 June on 16 September 2015. Paul Bassi, Chief Executive of REI, commented: "These recent sales are debt free and non-core. The capital receipts will provide additional funds to capture criteria compliant property in our current pipeline of acquisitions, where we have over £20 million of new purchases under offer or in legal process. In line with our strategy, we remain on track to grow our portfolio to in excess of £200 million within the next six months."
announce that it has made the first customer deliveries of both its new ThreatScan®-LS1 portable X-ray detector panel and ThreatSpect, its new modular control and display software. The ThreatScan®-LS1 panel is part of a fully integrated portable X-ray system, the other elements of the system being Image Scan's portable X-ray generator and the ThreatSpect software running on a laptop computer or tablet. The new system provides market leading performance in a rugged, highly portable package and is a key element of the new ThreatScan®-LS1 range of portable X-ray detection systems launched at the Counter Terror Exhibition in London in April 2015. The customer taking delivery of these four systems is a military organisation in the Middle East. In parallel, Image Scan has built a number of demonstration systems which are now being presented to customers and partners around the world, with a view to driving rapid adoption of the new systems. Commenting on this news, Bill Mawer, Chairman and CEO of Image Scan, said: "I am delighted that the Company has reached this important milestone. Early feedback from customers exposed to both the panel and the new software has been overwhelmingly positive. The development of these exciting new products has taken longer than we had anticipated and those delays have impacted the Company's current year financial performance. However, we anticipate a rapid uptake of these products as the benefits are demonstrated to our global customer base."
Announces the results from a Phase II proof-of-concept (POC) study of V158866, its fatty acid amide hydrolase (FAAH) inhibitor, which is being investigated as a treatment for neuropathic pain as a result of spinal cord injury. In the randomised, double-blind, placebo-controlled, two-period cross-over study, although dosing of V158866 resulted in elevated endocannabinoid levels, on an intent-to-treat basis the study failed to meet its pain reduction primary endpoint. Treatment with V158866 did however show a trend towards efficacy on a per protocol basis (p=0.054) and was generally well tolerated. Consistent with its strategy of becoming a commercial business, Vernalis is not planning to make any further investment in this programme and will seek to realise its potential value through partnering. A previous Phase I study provided encouraging data in evaluating the safety, tolerability and pharmacokinetic and pharmacodynamic effects of the compound. Ian Garland, CEO of Vernalis commented "The goal of this study was to identify a therapeutic setting for this programme. Its completion ends the investment in our NCE pipeline and we aim to partner the remaining unpartnered programmes to realise value where possible. The key focus of the organisation remains the transition of Vernalis to a commercial company, with the forthcoming launch of Tuzistra™ XR, our extended release cough cold product for the US prescription market, which is progressing as planned ".
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Earthport has partnered with Ripple Labs, the creator and a developer of the Ripple payment protocol and exchange network. Banks across the world have shown considerable interest in the power of the distributed ledger, but have had difficulty reconciling their compliance requirements with the technology. Earthport is bridging this gap by allowing banks to maintain their current technology and compliance regimes, while also benefitting from this powerful new payment technology. Gareth Lodge, analyst at financial services advisory firm Celent, said: "The industry is still at the evaluation phase, but almost all agree that distributed ledger has promise. Banks are actively exploring what opportunities decentralised ledger-based solutions could bring. The challenge is finding a way to harness the benefits, yet ensure the absolute essentials - security, compliance and resilience - are met, along with an understanding that payments involve far more than just a movement of value." Hank Uberoi, CEO of Earthport said: "We are thrilled to be expanding our payment network and furthering our mission to provide 'fastest payments possible' through easy access to distributed ledger. This will enable our clients can realise numerous benefits, including immediate transaction settlement and reduced counterparty risk. We have experienced significant interest in this protocol and our clients are far along into the planning stage for initial testing." How the Earthport Distributed Ledger Gateway works By simplifying the cross-border payment system, Earthport's network gives businesses unparalleled transparency into the up-front cost and timescales for making their cross-border payments, so they can accurately track their payment throughout the process. The Earthport Distributed Ledger Gateway transports the funds through the Ripple protocol to record the transaction and leverage its prefunded accounts to provide instant liquidity and the best FX rate. The beneficiary then receives the amount in near real-time. In addition, Earthport allows banks to connect to the Ripple network without having to establish their own infrastructure. This solution brings best-in-class AML monitoring, sanction screening, transaction monitoring and KYC tools to enable compliance control together with the power of distributed ledger. Banks that still use legacy formats will be able to send and receive Ripple with Earthport managing format transformation. Earthport's distributed ledger gateway brings clients many benefits, including: · Instant payments and liquidity: Ripple represents the fastest way to transfer value between two parties. Each transaction, despite the currency, is delivered and settled between financial institution parties within seconds. · Mitigation of risk: Pre-funding associated with the model eliminates counter-party risk. · Transaction cost efficiencies: International transactions are execut