(Alliance News) - Biome Technologies PLC shares fell more than 60% in London on Friday, after announcing plans to de-list from the AIM market, citing costs and an inability to raise fresh equity. Read More
(Alliance News) - Tribe Technology PLC and Deltex Medical Group PLC plan to join the flood of companies exiting the AIM market in London. Read More
Deltex Medical Group PLC - Chichester, England-based medical equipment supplier - Announces plans to cancel its AIM listing as its "cost base remains too high" and the regulatory environment is "onerous". Explains listing costs of GBP0.2 million are around 10% of firm's cost base. "Believes that these costs are disproportionate to the limited benefits that admission provides to the group and its shareholders". In addition, Chief Executive Officer Andy Mears intends to step down "to pursue other opportunities". Deltex says Finance Director Natalie Wettler will succeed Mears as CEO once the cancellation from AIM has taken effect, at which point Mears will leave the company. Meanwhile, Deltex says it made good progress in 2024, noting that revenue increased by around 17% on-year to GBP2.1 million from GBP1.8 million. Adds that its TrueVue monitor "was promoted aggressively - both in the UK and internationally - and revenues from this new product are beginning to grow". Also says it has "optimised" the manufacturing processes associated with the TrueVue monitor, and that Deltex's competitive backdrop "also appears to be improving" due to "accumulating evidence" that competing systems "do not provide clinicians with the critical data that they need to optimise patients' haemodynamic status". Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(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: Read More
(Alliance News) - The following is a round-up of trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Deltex Medical Group PLC on Monday said testing of its new monitor has so far delivered positive results, and that it plans to reduce the size of its board to help cut costs. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More
(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
(Alliance News) - Stock prices across the globe were lower at midday Wednesday, after Fitch rocked markets by downgrading the US credit rating. Read More
(Alliance News) - Deltex Medical Group PLC on Wednesday said its shares have resumed trading on London's AIM market following the completion of a GBP1.9 million fundraising and capital reorganisation programme. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
(Alliance News) - Deltex Medical Group PLC on Monday said it has raised GBP1.9 million through a placing, subscription and retail offer. Read More
Deltex Medical Group PLC - Chichester, England-based maker of blood circulation monitoring systems - On Friday, Deltex said it plans to raise GBP500,000 via a retail offer to existing shareholders at the issue price of 0.20 pence per share. It said that the retail offer will close on Wednesday, but it has now extended the closing date to Friday. Read More