Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksArcontech Group Regulatory News (ARC)

Share Price Information for Arcontech Group (ARC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 107.00
Bid: 105.00
Ask: 109.00
Change: 0.00 (0.00%)
Spread: 4.00 (3.81%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 107.00
ARC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Final Results

22 Aug 2019 07:00

RNS Number : 8453J
Arcontech Group PLC
22 August 2019
 

ARCONTECH GROUP PLC

 

("Arcontech", the "Company" or the "Group")

 

Final Results for the year ended 30 June 2019

 

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, is pleased to announce its final audited results for the year ended 30 June 2019.

 

Financial Highlights:

 

·; Revenue increased by 18% to £2,966,788 (2018: £2,519,699)

·; Profit before tax of £1,057,143 (2018: £575,632)

·; Revenue and profit before and after tax increased by £125,426 on adoption of IFRS 15

·; Cash balances up 27% £4,063,484 (2018: £3,210,058)

·; Fully diluted earnings per share of 8.35p (2018: 7.09p)

·; Final dividend of 2.0 pence per share (2018: 1.3 pence per share)

 

Operational Highlights:

 

·; Doubled number of paying desktop software solution users to 90

·; Sold 300 Excelerators taking total users to 1,410

·; Building a RESTful interface to provide access to more data sources

·; Added new pre-sales resource

·; Strong cash generation and recurring revenue

 

Commenting on the results, Richard Last, Chairman of Arcontech said:

"As a business we face a number of uncertainties: Brexit and changes taking place in the financial markets, as well as with our competitors. However, against this backdrop, our customer relationships remain strong. We are a global business and believe we offer excellent levels of support and operational flexibility as well as significant competitiveness, hence, we would expect to see continued growth, despite the macro climate. Our pipeline of prospects remains positive, albeit, as we have consistently noted, the outlook needs to be tempered by the traditionally long and complex sales cycles that are a feature of our business."

 

 

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 

Enquiries:

 

Arcontech Group plc

020 7256 2300

Richard Last, Chairman and Non-Executive Director

Matthew Jeffs, Chief Executive

finnCap Ltd (Nomad & Broker)

020 7220 0500

Carl Holmes/Simon Hicks

To access more information on the Group please visit: www.arcontech.com

 

 

Chairman's Statement

 

I am pleased to report another year of progress for Arcontech Group plc ("Arcontech" or the "Company") with good growth in profit before taxation for the year ended 30 June 2019 to £1,057,143 (2018: £575,632), a year-on-year increase of 84% (62% before the adoption of IFRS 15 "Revenue from contracts with customers"). During the year we re-assessed the level of accruals to be carried forward on our balance sheet, as a result of which we have released accruals no longer required of £156,786 (2018: £25,500). After adjusting for release of these accruals, profit before taxation would have been £900,357 (2018: £550,132), an increase of 64% over the previous year (35% before adoption of IFRS 15). This demonstrates the significant profit conversion from increased revenues as we are able to deliver more from our existing and well managed cost base.

 

We achieved a good increase in turnover for the year which grew by 18% to £2,966,788 (2018: £2,519,699) a year-on-year increase of £447,089 (£321,633 before the adoption of IFRS 15). This was achieved primarily through increasing our product sales to existing customers. We sold 300 Excelerators bringing those deployed in our customer base to 1,410 and doubled our Desktop software solution customer base to 90. Whilst sales to new customers have not been significant during the year, our pipeline of opportunities with potential new customers is already proving positive, particularly for our Excelerator and Desktop software products.

 

We believe that fully diluted earnings based on profit before taxation, excluding the release of provisions noted above, provides a better measure of our underlying performance. As at 30 June 2019 Arcontech had tax losses of approximately £8.7m to offset against future trading profits. On this basis earnings (determined as profit before tax, assuming no tax charge/credit for the year,) grew by 58% to 6.73p (36% before adoption of IFRS 15) during the year ended 30 June 2019 (30 June 2018: 4.26p). Based on the actual tax charge, adjusted earnings grew by 4.1% to 7.18p during the year to 30 June 2019 (30 June 2018: 6.90p) reflecting the reduction in the overall tax credit.

 

Financing

As at 30 June 2019 Arcontech had no debt and cash balances of £4,063,484 (2018: £3,210,058) an increase of 27% which represents a cash conversion of adjusted operating profit (determined as operating profit before share-based payments and before the release of accruals for administrative costs in respect of prior years) of 109% (2018: 94%). Arcontech continues to be well financed and has a robust balance sheet which is highly desirable for a small, growing software company.

 

Dividend

I am pleased to announce that subsequent to the year-end we agreed to propose, subject to approval at the Annual General Meeting, to pay a dividend of 2.0 pence per share for the year ended 30 June 2019 (30 June 2018: 1.30 pence), an increase of 54%, to those shareholders on the register as at the close of business on 6 September 2019, with an ex-dividend date of 5 September 2019.

 

Employees

Arcontech has a small, highly effective and committed workforce that is customer focused. Their hard work, continued support and dedication, is greatly appreciated and for which I thank them. I should also like to thank my colleagues on the Board for their continued support.

 

Outlook

As a business we face a number of uncertainties: Brexit and changes taking place in the financial markets, as well as with our competitors. However, against this backdrop, our customer relationships remain strong. We are a global business and believe we offer excellent levels of support and operational flexibility as well as significant competitiveness, hence, we would expect to see continued growth, despite the macro climate. Our pipeline of prospects remains positive, albeit, as we have consistently noted, the outlook needs to be tempered by the traditionally long and complex sales cycles that are a feature of our business.

 

Richard Last

Chairman and Non-Executive Director

 

 

 

Chief Executive's Review

 

I am pleased to report that during the year we maintained our focus on expanding and delivering on the sales pipeline whilst continuing to control costs, which resulted in a profit before tax of £1,057,143 (2018: £575,632), an increase of 84% (2018: 54%) compared to the previous year and a creditable performance by the Group.

 

The year under review saw the two global clients using our Desktop software solution increase their usage and the signing of another client, bringing the total to three, the third being a completely new client. We now have a total of 90 end users (2018: 45) and continue to work with other clients where we are running trials.

 

We also managed to grow our Excelerator end users by just over 300 which, together with our Desktop software solution, means a further 345 end users of Arcontech software.

 

To increase the value provided and therefore the use case for both Excelerator and our Desktop software solution we have also been working with a client on building a RESTful interface which will enable content in JSON and SQL formats to be pulled into our software from the web or intranets to display and use in spreadsheets, templates and charts. This provides a huge increase in the data available to be consumed and can benefit any client.

 

We are also working on our server-side offerings to provide added value. To this end, we have been collaborating with key clients to develop the first iteration of a new GUI for Director, our interface for MVCS and our Cache.

 

Work on improving our sales structure continued too and we have added a pre-sales support function. This role works with sales personnel and their clients as a dedicated resource for technical issues, whereas previously the requirement was fulfilled by support or development staff which interfered with the development process.

 

The length of the sales cycle continues to be longer that we would like, however, we believe the expanded product offering and sales capability should improve the frequency of sales. Coupled with the excellent work of our development and support teams, we continue to build on and broaden our strengths whilst working with our clients to help meet their ever-changing needs.

 

As ever, our overriding focus remains on sales growth and building our pipeline. At the same time, we are continuing to explore opportunities with other organisations that can complement our offerings, whilst remaining alert for strategic acquisition opportunities that will benefit the Group.

 

We look forward to continued growth in the year ahead.

 

Matthew Jeffs

Chief Executive

 

 

 

Strategic Report

 

The Directors present the group strategic report for Arcontech Group plc and its subsidiaries for the year ended 30 June 2019.

 

Principal activities

 

The principal activities of the Company and its subsidiaries during the year were the development and sale of proprietary software and provision of computer consultancy services.

 

Review of the business and prospects

 

A full review of the operations, financial position and prospects of the Group is given in the Chairman's Statement and Chief Executive's Review.

 

Key performance indicators (KPIs)

 

The Directors monitor the business using management reports and information, reviewed and discussed at monthly Board meetings. Financial and non-financial KPIs used in this report include:

 

Financial KPIs:

Revenue £2,966,788 (2018: £2,519,699; 2017: £2,307,751) Measurement:

Revenue from sales made to all customers (excluding intra-group sales which eliminate on consolidation)

Performance:

Continued growth driven by increased sales of our product offering

Adjusted profit £960,675 (2018: £889,584; 2017: £441,996) Measurement:

Profit after tax and before release of accruals for administrative costs in respect of prior years

 

Performance:

Continued growth reflects increase in revenues whilst continuing to maintain tight cost control

 

Cash £4,063,484 (2018: £3,210,058; 2017: £2,636,471) Measurement:

Cash and cash equivalents held at the end of the year

Performance:

The Group continues to maintain healthy cash balances

subject to any exceptional circumstances or acquisition opportunities

 

Earnings per share (basic) 8.46p (2018: 7.14p; 2017: 3.79p) Measurement:

Earnings after tax divided by the weighted average number of shares

Performance:

Continued growth

 

Earnings per share (diluted) 8.35p (2018: 7.09p; 2017: 3.68p) Measurement:

Earnings after tax divided by the fully diluted number of shares

 

Performance:

Continued growth

 

 

Non-financial KPIs:

 

Staff retention rate (net) 100% (2018: 92%; 2017: 100%) Measurement:

Net retention after adjusting for joiners and leavers during the year

 

Performance:

Staff morale from our dedicated employees remains strong, reflected in the stable retention rate

 

Principal risks and uncertainties

 

The Group's performance is affected by a number of risks and uncertainties, which the Board monitor on an ongoing basis in order to identify, manage and minimise their possible impact. General risks and uncertainties include changes in economic conditions, interest rate fluctuations and the impact of competition. The Group's principal risk areas and the action taken to mitigate their outcome are shown below:

 

Risk area

Mitigation

Competition

Ongoing investment in research and development

Responding to the changing needs of clients to remain competitive

Loss of key personnel

Employee share option scheme in place

 

Approved on behalf of the board on 21 August 2019 by:

 

 

 

Matthew Jeffs

Michael Levy

Chief Executive

Group Finance Director

 

 

 

Group Income Statement and Statement of Comprehensive Income

 

For the year ended 30 June 2019

 

 

2019

 

2018

 

£

£

Revenue

2,966,788

2,519,699

Administrative costs

(1,936,829)

(1,958,176)

 

Operating profit

1,029,959

561,523

 

Finance income

27,184

14,109

 

Profit before taxation

1,057,143

575,632

 

Taxation

60,318

339,452

 

Profit for the year after tax

1,117,461

915,084

 

Total comprehensive income for the year

1,117,461

915,084

 

Earnings per share (basic)

 

 

8.46p

7.14p

 

Adjusted* Earnings per share (basic)

7.27p

6.94p

 

Earnings per share (diluted)

 

 

8.35p

7.09p

 

Adjusted* Earnings per share (diluted)

7.18p

6.90p

 

 

*Adjusted for release of accruals for administrative costs of £156,786 (2018: £25,500) in respect of prior years.

 

All of the results relate to continuing operations.

 

 

 

Statement of Changes in Equity

 

For the year ended 30 June 2019

 

Group:

 

Share

capital

Share

premium

Share option reserve

Retained

earnings

Total

equity

£

£

£

£

£

Balance at 30 June 2017

1,562,676

9,802

188,425

1,039,082

2,799,985

 

Profit for the year

-

-

-

915,084

915,084

Total comprehensive income for the year

-

-

-

915,084

915,084

Dividend paid

-

-

-

(125,760)

(125,760)

Issue of shares

88,638

46,579

-

-

135,217

 

Share-based payments

-

-

51,224

-

51,224

Transfer between reserves

-

-

(183,283)

183,283

-

Balance at 30 June 2018

1,651,314

56,381

56,366

2,011,689

3,775,750

Adjustment for adoption of IFRS 15

-

-

-

1,026,119

1,026,119

Profit for the year

-

-

-

1,117,461

1,117,461

Total comprehensive income for the year

-

-

1,117,461

1,117,461

Dividend paid

-

-

-

(171,334)

(171,334)

Share-based payments

-

-

53,857

-

53,857

Transfer between reserves

-

-

(10,576)

10,576

-

Balance at 30 June 2019

1,651,314

56,381

99,647

3,994,511

5,801,853

 

Company:

 

Share

capital

Share

premium

Share option reserve

Retained

earnings

Total

equity

£

£

£

£

£

Balance at 30 June 2017

1,562,676

9,802

188,425

3,062,385

4,823,288

Profit for the year

-

-

-

1,076,709

1,076,709

Total comprehensive expense for the year

-

-

-

1,076,709

1,076,709

Dividend paid

-

-

-

(125,760)

(125,760)

Issue of shares

88,638

46,579

-

-

135,217

 

Share-based payments

-

-

51,224

-

51,224

 

Transfer between reserves

-

-

(183,283)

183,283

-

Balance at 30 June 2018

1,651,314

56,381

56,366

4,196,617

5,960,678

Profit for the year

-

-

-

342,250

342,250

Total comprehensive income for the year

-

-

-

342,250

342,250

Dividend paid

-

-

-

(171,334)

(171,334)

Share-based payments

-

-

53,857

-

53,857

Transfer between reserves

-

-

(10,576)

10,576

-

Balance as at 30 June 2019

1,651,314

56,381

99,647

4,378,109

 6,185,451

Balance Sheet

 

Registered number: 04062416

 

As at 30 June 2019

 

Group2019£

Group2018£

Company2019£

Company2018

£

Non-current assets

Goodwill

1,715,153

1,715,153

-

-

Property, plant and equipment

15,011

17,941

-

-

Investments in subsidiaries

-

-

2,017,471

2,017,471

Deferred tax asset

285,000

270,000

125,000

50,000

 

Trade and other receivables

141,750

141,750

-

-

Total non-current assets

2,156,914

2,144,844

2,142,471

2,067,471

Current assets

Trade and other receivables

263,875

310,123

3,073,519

2,571,949

Cash and cash equivalents

4,063,484

3,210,058

1,078,755

1,458,390

Total current assets

4,327,359

3,520,181

4,152,274

4,030,339

Current liabilities

Trade and other payables

(682,420)

(1,889,275)

(109,294)

(137,132)

Total current liabilities

(682,420)

(1,889,275)

(109,294)

(137,132)

Net current assets

3,644,939

1,630,906

4,042,980

3,893,207

Net assets

5,801,853

3,775,750

6,185,451

5,960,678

Equity

Called up share capital

1,651,314

1,651,314

1,651,314

1,651,314

Share premium account

56,381

56,381

56,381

56,381

Share option reserve

99,647

56,366

99,647

56,366

Retained earnings

3,994,511

2,011,689

4,378,109

4,196,617

5,801,853

3,775,750

6,185,451

5,960,678

 

 

Group Cash Flow Statement

 

For the year ended 30 June 2019

 

2019

2018

£

£

Cash generated from operations

966,060

482,659

Tax recovered

45,318

69,452

Net cash generated from operating activities

1,011,378

552,111

 

Investing activities

Interest received

27,184

14,109

Purchases of plant and equipment

(13,802)

(2,090)

 

Net cash generated from investing activities

13,382

12,019

Financing activities

 

Issue of shares

-

135,217

Dividend paid

(171,334)

(125,760)

Net cash (invested in)/generated from financing activities

(171,334)

9,457

 

Net increase in cash and cash equivalents

853,426

573,587

Cash and cash equivalents at beginning of year

3,210,058

2,636,471

 

Cash and cash equivalents at end of year

4,063,484

3,210,058

 

Notes to the Financial Statements For the year ended 30 June 2019

 

Status of financial information

 

Arcontech Group plc is a public limited company incorporated in England and Wales whose ordinary shares of £0.125 each are traded on the AIM Market of the London Stock Exchange. The Company's registered office is 1st Floor, 11-21 Paul Street, London, EC2A 4JU.

 

The Board of Directors approved this preliminary announcement on 21 August 2019. Whilst the financial information included in this preliminary announcement has been prepared in accordance with International Financial Reporting Standards ("IFRS") as endorsed by the European Union, this announcement does not itself contain sufficient information to comply with all the disclosure requirements of IFRS and does not constitute statutory accounts of the Company for the years ended 30 June 2019 or 30 June 2018.

 

The financial information set out in this announcement does not comprise the Group's statutory accounts for the years ended 30 June 2019 or 30 June 2018.

 

The financial information has been extracted from the statutory accounts of the Company for the years ended 30 June 2019 or 30 June 2018. The auditors reported on those accounts; their reports were unqualified and did not contain a reference to any matters to which the auditors drew attention by way of emphasis without qualifying their report and did not contain a statement under either Section 498 (2) or Section 498 (3) of the Companies Act 2006.

 

The statutory accounts for the year ended 30 June 2018 have been delivered to the Registrar of Companies, whereas those for the year ended 30 June 2019 will be delivered to the Registrar of Companies following the Company's Annual General Meeting.

 

Operating segments:

 

The Group reports internally to the Chief Operating Decision Maker (CODM), who is considered to be the Board. Intersegment license fees and management charges are not included in the reports reviewed by the CODM during the year but are calculated for statutory reporting purposes and therefore are excluded from the following revenue and operating profit disclosures.

 

2019

2018

£

£

Revenue by segment

Software development and licence fees

2,966,788

2,519,699

External segment revenue

2,966,788

2,519,699

Operating profit by segment

Software development and licence fees

1,513,240

1,126,932

Unallocated overheads

(483,281)

(565,409)

Total operating profit

 1,029,959

561,523

Finance income

27,184

14,109

Total profit before tax as reported in the Group income statement

1,057,143

575,632

 

 

 

2019

2018

£

£

Segment total of assets

 

Software development and licence fees

5,196,369

4,090,852

Unallocated assets

4,357,274

4,140,338

9,553,643

8,231,190

Less inter company debtors

 (3,069,370)

(2,566,166)

Total assets

6,484,273

5,665,024

 

 

 

 

2019

2018

£

£

Segment total of liabilities

Software development and licence fees

3,642,199

4,318,229

Unallocated liabilities

109,591

137,212

3,751,790

4,455,441

Less inter company creditors

(3,069,370)

(2,566,166)

Total liabilities

682,420

1,889,275

 

2019

2018

£

£

Additions of property, plant and equipment assets by segment

Software development and licence fees

13,802

2,090

Total additions

13,802

2,090

2019

2018

£

£

Depreciation of property, plant and equipment assets recognised in the period by segment

 

Software development and licence fees

16,732

17,974

Total depreciation

16,732

17,974

 

 

Non-current assets by country

2019

2018

£

£

UK

2,156,914

2,144,844

Total non-current assets

2,156,914

2,144,844

 

 

 

Geographical information - External revenue

2019

2018

£

£

UK

1,997,490

1,669,949

Europe (excluding UK)

822,251

796,468

Africa

45,000

22,562

North America

99,010

28,488

Asia Pacific

3,037

2,232

2,966,788

2,519,699

 

 

During the year there were 4 customers (2018: 3) who accounted for more than 10% of the Group's revenues as follows:

 

 

2019

2018

Value ofsales£

% of Total

 

 

Value ofsales

£

% of Total

 

 

Customer 1

643,491

22%

620,630

25%

Customer 2

527,145

18%

477,258

19%

Customer 3

378,326

13%

375,219

15%

Customer 4

361,426

12%

96,000

4%

1,910,388

65%

1,569,107

63%

 

These revenues are attributable to the software development and licence fees segment.

 

 

 

 

Earnings per share

 

 

2019

2018

£

£

Earnings

Earnings for the purpose of basic and diluted earnings per share being net profit attributable to equity shareholders

1,117,461

915,084

1,117,461

915,084

 

No.

No.

Number of shares

Weighted average number of ordinary shares for the purpose of basic earnings per share

13,210,510

12,821,702

Number of dilutive shares under option

165,223

77,699

Weighted average number of ordinary shares for the purposes of dilutive earnings per share

13,375,733

12,899,401

 

The calculation of diluted earnings per share assumes conversion of all potentially dilutive ordinary shares, all of which arise from share options. A calculation is done to determine the number of shares that could have been acquired at fair value, based upon the monetary value of the subscription rights attached to outstanding share options.

 

Net cash generated from operations - Group

 

2019

2018

£

£

Operating profit

1,029,959

561,523

Depreciation charge

16,732

17,974

Non cash share option charges

53,857

51,224

Adjustment for adoption of IFRS 15

1,026,119

-

Decrease/(increase) in trade and other receivables

46,248

(134,626)

Decrease in trade and other payables

(1,206,855)

(13,436)

Cash generated from operations

966,060

482,659

 

 

Dividends

 

A final dividend of 2.0 pence will be proposed at the Annual General Meeting but has not been recognised as it requires approval (2018: 1.3 pence).

Annual General Meeting

 

The Annual General Meeting of Arcontech Group PLC will be held at the Company's offices, 1st Floor, 11-21 Paul Street, London EC2A 4JU on 3 October 2019 at 10.00 a.m.

Annual report and accounts

 

Copies of the annual report and accounts will be sent to shareholders shortly and will be available from the Company Secretary at the Company's registered office at 1st Floor, 11-21 Paul Street, London, EC2A 4JU or from the Company's website at www.arcontech.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
FR CKDDQOBKDAFB
Date   Source Headline
21st Feb 20247:00 amRNSInterim Results
27th Oct 20237:00 amRNSNew Client Win
25th Oct 20231:42 pmRNSResult of AGM
3rd Oct 20235:40 pmRNSPosting of Annual Report & Notice of AGM
5th Sep 20237:00 amRNSFinal Results
24th Jul 20237:00 amRNSTrading Update and Notice of Results
10th May 20237:00 amRNSAppointment of consultant in Singapore
6th Apr 202311:45 amRNSDirector/PDMR Shareholding
3rd Apr 20237:00 amRNSDirector Retirement
27th Feb 20237:00 amRNSInterim Results
26th Oct 20223:15 pmRNSBoard Appointment
21st Oct 20227:00 amRNSGrant of Options
17th Oct 20222:41 pmRNSResult of AGM
17th Oct 20222:41 pmRNSResult of AGM
23rd Sep 20224:30 pmRNSPosting of Annual Report & Notice of AGM
12th Sep 20227:00 amRNSFinal Results
30th Aug 20227:00 amRNSNotice of Results
29th Jun 20227:00 amRNSDirector/PDMR Shareholding
24th Feb 20227:00 amRNSInterim Results
17th Jan 20224:30 pmRNSDirector/PDMR Shareholding
29th Nov 20219:06 amRNSSecond Price Monitoring Extn
29th Nov 20219:00 amRNSPrice Monitoring Extension
29th Nov 20217:00 amRNSTrading Update
15th Oct 20215:32 pmRNSDirector/PDMR Shareholding
12th Oct 20215:00 pmRNSGrant of Options
11th Oct 20217:00 amRNSHolding(s) in Company
1st Oct 20213:30 pmRNSResult of AGM
8th Sep 20217:00 amRNSPosting of Annual Report & Notice of AGM
8th Sep 20217:00 amRNSExercise of Options
7th Sep 20217:00 amRNSExercise of Options, Director/PDMR Shareholding
1st Sep 20214:41 pmRNSSecond Price Monitoring Extn
1st Sep 20214:35 pmRNSPrice Monitoring Extension
1st Sep 20217:00 amRNSFinal Results
10th Aug 20217:00 amRNSNotice of Results
12th Mar 202112:16 pmRNSHolding(s) in Company
23rd Feb 20217:00 amRNSInterim Results
22nd Jan 20214:30 pmRNSIssue of Equity
16th Oct 20207:00 amRNSAgreement to upgrade longstanding Tier 1 Client
5th Oct 20203:03 pmRNSGrant of Options
2nd Oct 202011:05 amRNSSecond Price Monitoring Extn
2nd Oct 202011:00 amRNSPrice Monitoring Extension
2nd Oct 20207:00 amRNSNew client win to contribute data to Factset
29th Sep 202010:53 amRNSResult of AGM
10th Sep 20207:00 amRNSIssue of Equity & PDMR Shareholding
8th Sep 20207:00 amRNSPosting of Annual Report & Notice of AGM
2nd Sep 20207:00 amRNSFinal Results
27th Aug 20201:59 pmRNSNotice of Results
20th Jul 20207:00 amRNSBoard appointment
15th Jul 20207:00 amRNSTrading Update / Notice of Results
1st Jun 20207:00 amRNSDirectorate change & Appointment of CoSec

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

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.