(Alliance News) - Plexus Holdings PLC on Monday said it signed a rental contract as it sees a boost from an increase in the number of wells that need to be permanently abandoned. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More
(Alliance News) - Plexus Holdings PLC on Tuesday said it won a contract for 'Exact' adjustable wellhead and 'Centric' mudline systems equipment for a North Sea plug and abandonment project secured through its licensor Schlumberger NV. Read More
Plexus Holdings PLC - West Sussex-based engineering services provider - Sells around 2.8 million Treasury shares at an average price of 19.97 pence each to raise GBP549,230. Says the funds raised will provide additional working capital as it seeks to capitalise on its growing pipeline of opportunities and potential orders. Following this sale, the company has around 103 million ordinary shares in issue, with 2.2 million shares held in Treasury. Read More
Plexus Holdings PLC - West Sussex-based engineering services provider - Completes plug and abandonment equipment and services campaign for Oceaneering International Inc's division, Oceaneering International Services Ltd. Says order from Oceaneering included tieback and subsea well control equipment, as well as hydraulic controls and services in a configuration designed for vessel-based deployment and work. Adds order generated GBP850,000 in revenue for Plexus in financial 2023. Read More
Plexus Holdings PLC - West Sussex-based engineering services provider - Enters loan agreements worth total GBP700,000. Explains proceeds will be used to provide additional working capital as it seeks to capitalise on a growing pipeline of opportunities and potential orders. Agrees GBP200,000 loan with Ben van Bilderbeek, chief executive, and a GBP500,000 loan with Plexus Property International Ltd, a company owned and controlled by OFM Ltd, a company in turn controlled by the van Bilderbeek family and related trusts. Notes the loans accrue interest at a rate of 8% per annum and the balance, plus any interest accrued, is repayable after 12 months. Read More
(Alliance News) - Stocks in London were higher at the close on Tuesday as markets celebrated better-than-expected public sector borrowing figures in the UK, and hoped that Chancellor Jeremy Hunt may have enough firepower in government coffers to enact some pre-election tax cuts. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
(Alliance News) - Stock prices in London opened higher on Tuesday, as a cautious optimism swept over global markets. Read More
(Alliance News) - Plexus Holdings PLC on Tuesday announced that the value of a major contract from March has increased by 60%. 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 is a round-up of updates by London-listed companies, issued on Monday not separately reported by Alliance News. Read More
(Alliance News) - Stock prices in London closed mostly lower on Monday, with the FTSE 100 weighed down by its mining stocks. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More
(Alliance News) - Plexus Holdings PLC on Monday announced it secured an order for its wellhead equipment and sealing technology for a specialised project application. Read More
(Alliance News) - The following is a round-up of 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 updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Plexus Holdings PLC on Friday reported a widened full-year loss but a rise in revenue on more operational project work. Read More
Plexus Holdings PLC - West Sussex-based engineering services provider - Raises GBP1.6 million through the issue of 1.6 million convertible loan notes. Receives GBP1.0 million from OFM Investment Ltd, GBP500,000 from Chief Executive Ben van Bilderbeek, and GBP50,000 from Non-Executive Director Jeff Thrall. OFM is a company connected to Bilderbeek. Says the proceeds will be used for "working capital purposes" and to fund the company's activities as it seeks to capitalise on its "increasing pipeline of opportunities", notably its re-entry into the exploration wellhead rental from Jack-up rigs market where Plexus is in a licencing partnership with Schlumberger. Adds that the loan notes are non-interesting bearing and have a two year long stop maturity date. Read More