GSTechnologies Ltd - Milton Keynes, England-based information technology solutions company - Says UK Financial Conduct Authority stablecoin application continues to be processed, after having been extended beyond anticipated timeframe. Adds, its subsidiary, Angra, continues to perform in line with its expectations. Read More
(Alliance News) - GSTechnologies Ltd on Wednesday said it has raised GBP750,000 through a placing of 75.0 million shares at a price of 1.0 pence each. Read More
GSTechnologies Ltd - Milton Keynes, England-based information technology solutions company - Says the expected final panel review meeting regarding the stablecoin application for admission to the UK Financial Conduct Authority regulatory sandbox will not take place. This is due to "unprecedented" levels of sickness within the FCA team. As a result, the FCA will provide a decision on the application by the end of this month, instead of mid-May as previously announced. Read More
GSTechnologies Ltd - Milton Keynes, England-based information technology solutions company - Notes recent share price rise and confirms its stablecoin application for admission to the UK Financial Conduct Authority regulatory sandbox continues to progress as expected. Says the sandbox application has been assessed by the FCA, who have verbally indicated that it is eligible for, and undergoing, FCA panel review and further assessment. Expects to receive the decision on the application in mid-May 2023. Says it continues to assist the FCA with their panel review of the sandbox application in the meantime. The application was first announced in late February, while GSTechnologies says it will make further announcements "in due course" and as appropriate. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
GSTechnologies Ltd - Milton Keynes, England-based information technology solutions company - Receives conversion notice from its loan facility provider to convert remaining USD285,000 principal amount of loan and associated interest of USD28,500 into new shares. The conversion price will be 0.31 pence per new share, resulting in 81.2 million shares being issued to the provider. Following this, no principal amount or associated interest will remain outstanding under the loan facility. Read More
(Alliance News) - GSTechnologies Ltd on Wednesday said it cancelled its USD1.6 million loan facility, announced in late December, after one drawdown of USD800,000, meaning a second drawdown of the same amount is no longer available. 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) - GSTechnologies Ltd on Monday said it filed a stablecoin application to the UK Financial Conduct Authority for admission to the finance watchdog's regulatory sandbox. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday. Read More
(Alliance News) - GSTechnologies Ltd announced on Wednesday it entered into an unsecured convertible loan facility to receive funding of up to USD1.6 million. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - GSTechnologies Ltd on Wednesday announced the soft launch of its cryptoasset exchange, GS20. Read More
(Alliance News) - GSTechnologies Ltd on Tuesday said it has appointed Pinsent Masons LLP as its legal advisor to assist with its stablecoin application for admission to the UK Financial Conduct Authority Regulatory Sandbox. Read More
(Alliance News) - GSTechnologies Ltd shares jumped on Wednesday after it said that the Lithuanian Financial Crime Investigation Service has approved its acquisition of UAB Glindala. Read More
(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
GSTechnologies Ltd - Milton Keynes, England-based fintech and information technology company - Enters into a binding agreement to sell its subsidiary EMS Wiring Systems Pte Ltd to EMS's chair, Teo Chiah Chiu Raphael. The consideration payable by Raphael Teo comprises the return of 60.0 million GST shares. At last Friday's closing mid-price of 1.09 pence per share, the consideration shares are valued at GBP654,000 and represent roughly 3.9% of its share capital. Explains that the disposal will enable it to remove a loss-making, non-cores subsidiary and to focus its efforts on building a blockchain-enabled neo-banking business. Read More