IQGeo Group PLC - Cambridge-based telecommunications company - Announces that 10% minority stakeholder Charles Stanley has sold 2% of its share capital in IQGeo, following the May announcement of IQG's acquisition by Geologist Bidco Ltd. Following the sale of shares under the terms of a non-binding letter of intent, Charles Stanley retains 4.7 million shares in IQG, about 8% of total share capital. 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) - IQGeo Group PLC on Tuesday accepted an GBP333 million takeover offer from US investment firm Kohlberg Kravis Roberts & Co LP. Read More
(Alliance News) - IQGeo Group PLC on Wednesday said it expects to meet growing demand, as it reported a swing to profit on the back of significantly higher revenue. Read More
IQGeo Group PLC - Cambridge, England-based provider of geospatial productivity and collaboration software for the telecoms and utility industries - Non-Executive Director Robert Sansom sells 1.1 million shares at 303 pence each, "in order to expand the Company's share register with the introduction of a major institutional investor". Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More
(Alliance News) - Shares in IQGeo Group PLC jumped on Monday morning after the software firm said it expects 2023 results to be ahead of expectations. Read More
IQGeo Group PLC - Cambridge, England-based provider of geospatial productivity and collaboration software for the telecoms and utility industries - Says an unnamed "top 10" US telecom and fibre operator has selected its fibre planning and design software for an initial three-year contract. Deal is worth over USD2.5 million including recurring revenue, licences, hosting and professional services. Client will use IQGeo's Comsof Fiber software to accelerate fibre deployments and time-to-revenue by automating its planning and design process. Project also includes deploying IQGeo's Network Revenue Optimizer software to help streamline its quoting process for new fibre connections. Company adds that client "has aggressive broadband expansion ambitions". Read More
(Alliance News) - IQGeo Group PLC announced on Wednesday that its software is to be used by an unnamed "major tier 1 multi-service utility" in the US. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
IQGeo Group PLC - provider of geospatial productivity and collaboration software for the telecommunications and utility network industries - Reports a narrowed loss in the first half of 2023, amid sharply higher revenue, and says it has a "very positive" outlook for its target markets in the year as a whole. Pretax loss narrows to GBP177,000 in the six months ended June 30, from GBP483,000 the previous year. Revenue more than doubles to GBP20.5 million from GBP9.2 million. Says its performance remains in line with expectations and is "very positive" about the outlook for its target markets. Read More
(Alliance News) - IQGeo Group PLC on Wednesday announced a "major" new contract with an existing customer with a unnamed wholesale fibre network provider operating in the US and Europe. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Tuesday and not separately reported by Alliance News: Read More
IQGeo Group PLC - Cambridge-based developer of geospatial productivity and collaboration software for telecoms and utility network operators - Kestrel Partners LLP, of which IQGeo Non-Executive Director Max Royde is a partner and holds a beneficial interest in, buys 41,696 shares via two transaction on Friday: 17,500 shares at 290 pence each and 24,196 shares at 300p each. Total aggregate value is GBP123,420. Royde is also a shareholder in Kestrel Opportunities and is therefore deemed to have a beneficial interest in Kestrel Opportunities' entire legal holding in IQGeo. Following this transaction, Kestrel Opportunities holds 11.7 million IQGeo shares, while other clients of Kestrel, of which Royde has no beneficial interest, hold 4.7 million IQGeo shares. Combined, this means Kestrel indirectly holds voting rights over 16.4 million IQGeo shares, or 27%. 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) - IQGeo Group PLC on Tuesday said it has won "significant" new contracts with a US telecom provider and a German broadband operator. Read More