AIM WINNERS & LOSERS: Primorus touts possible investor return
22nd Feb 2024 11:17
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(Alliance News) - London's FTSE 100 opened slightly higher on Thursday, with overriding optimism post-Nvidia's earnings lifting markets for now. Read More
Primorus Investments PLC - London-based investor specialising in small and mid-cap companies and assets - Announces the signing of a definitive agreement for the acquisition of Payapps Ltd by San Francisco-based software multinational Autodesk Inc. Primorus holds a roughly 2% stake in Payapps, a Melbourne-based provider of payment and compliance management solutions for the construction sector. The acquisition's consideration has not been revealed by Primorus. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More
(Alliance News) - Primorus Investments PLC on Friday said it has invested a further GBP75,000 into Interpac Ltd via a subscription of shares. Read More
Primorus Investments PLC - London-based investor specialising in small and mid-cap companies and assets - Reports a pretax loss of GBP512,000 in the six months ended June 30, narrowed from GBP847,000 the year prior. Total losses on financial investments reduce to GBP184,000 from GBP748,000. Records an unrealised gain on market value of GBP314,000, compared to a loss of GBP500,000 the previous year. Read More
Primorus Investments PLC - London-based investor specialising in small and mid-cap companies and assets - Says investee Alteration Earth PLC, a London-based special purpose acquisition company, on Monday entered into a non-binding heads of terms agreement to acquire Verdant Earth Technologies Ltd, a Sydney-based renewable energy asset and technology developer. Alteration Earth would acquire all Verdant shares capital in exchange for new shares in Alteration; the proposed transaction value is GBP125 million. Says completion is not guaranteed as no binding agreement has yet been reached, but if the deal proceeds, it should complete in the fourth quarter of 2023. Read More
Bushveld Minerals Ltd - Iron ore and tin exploration and development company with operations in South Africa - Agrees with London-based investment firm Primorus Investments PLC to alter the terms of the Bushveld convertible loan note, first announced on January 19 2022. Read More
Primorus Investments PLC - London-based investment firm focused on small and mid cap firms in financial services, technology and natural resources - Reports pretax loss for 2022 of GBP1.5 million, widening from GBP41,000 a year ago. Says net assets are GBP7.5 million, down 16% from GBP8.9 million a year ago. "The board believes the company to be significantly undervalued given its current share price and resultant market capitalisation," the firm says. Basic loss per share was GBP1.06, swinging from earnings per share of 0.08 pence. Read More
Primorus Investments PLC - London-based investment firm focused on small and mid cap firms in financial services, technology and natural resources - Invests GBP250,000 into Interpac Ltd, a company founded to create a new corrugation process for cardboard manufacturing. Read More
Primorus Investments PLC - London-based investment firm focused on small and mid cap firms in financial services, technology and natural resources - For the first half of 2022, operating loss widens to GBP847,000 from GBP115,000 the same period a year before, due to a total loss of GBP748,000 on financial investments, compared to a gain of GBP134,000. Read More
(Alliance News) - British tech firm WeShop is launching itself as the world's first community-owned social e-commerce platform, offering shoppers shares in the group every time they make a purchase. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and Friday and not separately reported by Alliance News: Read More
Primorus Investments PLC - London-based investment firm focused on small and mid cap firms in financial services, technology and natural resources - Swings to a pretax loss of GBP41,000 in 2021 from a profit of GBP4.6 million. Net assets at December 31 rise to GBP8.9 million from GBP8.8 million at the same time the previous year. Notes "pleasing" progress by several of its investee companies in the face of Covid-related challenges. Says it did not need to raise any capital in 2021 and sees no immediate to do so, though it does not rule out the possibility. Read More
Primorus Investments PLC - London-based investment firm focused on small and mid cap firms in financial services, technology and natural resources - Extends the time for investee Alteration Earth PLC to obtain its listing on the Standard Segment of the Main Market of the London Stock Exchange. The date has been extended from June 6 to July 1 this year. 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 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 and Tuesday and not separately reported by Alliance News: Read More