AIM WINNERS & LOSERS: Strip Tinning wins GBP43.0 million contract
6th Jun 2024 11:25
(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) - Strip Tinning Holdings PLC on Thursday said it has won a "major" high-volume strategic nomination in the battery technologies market from a German automotive technology manufacturer. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Monday 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 Tuesday and not separately reported by Alliance News: Read More
Strip Tinning Holdings PLC - Birmingham, England-based provider of connection systems to automotive sector - Wins contract to supply 'smart' roof glass for a new electric vehicle range being developed by a German automaker. The contract is with a "leading European automotive Tier 1 systems manufacturer". Neither the direct customer nor the carmaker are named by Strip Tinning. It says supply of the polymer dispersed liquid crystal technology roof glass will start in the third quarter of 2026 and run until 2031. The contract is worth GBP12.3 million in its lifetime, peaking at GBP2.6 million per year. Strip Tinning says total lifetime sales value for all supplier nominations held by the company now is GBP52.7 million. Strip Tinning had GBP10.2 million in revenue in 2022 and GBP5.6 million in the first half of 2023. Read More
(Alliance News) - Strip Tinning Holdings PLC on Tuesday said it has received an order for its Glazing division from an unnamed automotive Tier 1 systems manufacturer. 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
Strip Tinning Holdings PLC - Supplier of specialist connection systems to the automotive sector - Raises gross proceeds of GBP106,150 pursuant to its retail offer from existing retail shareholders. A total of 265,375 new ordinary shares will be issued at 40.0 pence per share. A total of 2.8 million new shares will be issued, pursuant to the placing and retail offer, raising gross proceeds of GBP5.1 million. Read More
Strip Tinning Holdings PLC - Birmingham, England-based provider of electrical connectors for automotive sector - Raises GBP5.0 million from a placing of new shares and convertible loan notes and hopes to raise up to GBP250,000 more from an offer of shares to retail investors. The new shares are placed at 40.0 pence each, and the retail offer will be at the same price. The placing is conducted as an accelerated bookbuild by Singer Capital Markets Ltd. Call general meeting for January 15 for shareholders to approve the fundraise. Read More
Strip Tinning Holdings PLC - Birmingham-based company providing electrical connectors for the automotive sector - Receives a serial nomination for production parts across its electric vehicle business. Says that the nomination is for the supply of flexible printed circuits to a leading European manufacturer of advanced battery systems. The circuits are for a mobile battery application used across a range of sectors, including the catering, construction, and film industries. Supply will start in December and run until the end of 2025, with a forecast lifetime sales value of USD1.0 million. Strip Tinning is replacing a non-European supplier part way through the product life cycle. Read More
(Alliance News) - London's FTSE 100 drifted marginally lower heading into Monday afternoon in uncertain trade as investors reassess the near-term outlook for equity markets after a bullish week for stocks last week. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More
Strip Tinning Holdings PLC - Birmingham-based company providing electrical connectors for the automotive sector - Announces new production nomination for its Glazing business. Company will supply glazing connectors to "leading" global automotive original equipment manufacturers including Mercedes-Benz Group AG, Volkswagen AG and Toyota Motor Corp. Strip Tinning expects lifetime sales value of around EUR3 million, with EUR525,000 recognised in 2024. It will commence supply in the second quarter and continue for two to five years. Read More
(Alliance News) - European equities edged higher early Monday, though gains were muted as investors digested last week's major data and central bank updates. 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 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 Friday and not separately reported by Alliance News: Read More