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Strip Tinning (STG) Share News

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UK shareholder meetings calendar

8th Jan 2024 16:15

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IN BRIEF: Strip Tinning raises GBP5 million from shares, convertibles

21st Dec 2023 15:31

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

IN BRIEF: Strip Tinning secures serial nomination worth USD1 million

8th Nov 2023 15:47

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

LONDON MARKET MIDDAY: Tepid start to new week as investors take stock

6th Nov 2023 12:04

(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

AIM WINNERS & LOSERS: Strip Tinning and Plexus win deals

6th Nov 2023 10:24

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More

IN BRIEF: Strip Tinning shares race ahead on new Glazing contract

6th Nov 2023 10:24

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

LONDON MARKET OPEN: Stocks mixed as equities take pause for breath

6th Nov 2023 08:54

(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

TRADING UPDATES: Acuity RM wins contract; Georgia Capital ups earnings

31st Oct 2023 14:38

(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

EARNINGS: Strip Tinning first half loss narrows; SigmaRoc profit rises

5th Sep 2023 16:14

(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

TRADING UPDATES: Pod Point wins deal; Kia sponsors Live Co K-pop event

30th Jun 2023 11:00

(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

UK shareholder meetings calendar - next 7 days

23rd Jun 2023 15:51

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IN BRIEF: Strip Tinning annual loss widens as revenue down

7th Jun 2023 10:47

Strip Tinning Holdings PLC - Birmingham-based electrical connectors provider for automotive sector - Posts revenue of GBP10.2 million for 2022, down 8.9% from GBP11.2 million in 2021. Pretax loss widens to GBP5.7 million from GBP1.1 million, as gross profit reduces to GBP499,000 from GBP3.3 million a year earlier. Administrative expenses rise to GBP5.9 million from GBP4.2 million. Looking ahead, says it continues to remain vigilant of the wider market environment but increases its confidence of a year of progress in financial 2023. Read More

TRADING UPDATES: Angus hails initial clean up of well; Amati NAV falls

18th Apr 2023 17:19

(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

IN BRIEF: Strip Tinning shares surge by nearly 20% on order win

3rd Apr 2023 11:35

Strip Tinning Holdings PLC - Birmingham-based electrical connectors provider for automotive sector - Wins a new order from an unnamed electric vehicle customer, worth about GBP775,000. Says it is for a large number of sample cell contact system modules, which will supply into the the autonomous vehicle industry in the US. Expects the majority of the parts to be shipped in 2023, and to receive C-sample orders as a result. Read More

Strip Tinning expects yearly revenue to be in line with market view

14th Feb 2023 13:51

(Alliance News) - Strip Tinning Holdings PLC on Tuesday reported lower sales compared to 2021, due to the impact of Ukraine war. Read More

UK earnings, trading statements calendar - next 7 days

23rd Sep 2022 15:56

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IN BRIEF: Strip Tinning shares down on swing to interim loss

20th Sep 2022 12:13

Strip Tinning Holdings PLC - Birmingham-based electrical connectors provider for automotive sector - Swings to a pretax loss of GBP2.9 million in the six months to June 30 from a profit of GBP369,000 a year earlier, as revenue declines by 19% to GBP4.7 million from GBP5.8 million. Administrative expenses widen to GBP2.8 million from GBP1.8 million a year ago. Read More

Strip Tinning wins grant of up to GBP1.4 million from UK government

8th Sep 2022 11:32

(Alliance News) - Strip Tinning Holdings PLC on Thursday said it has secured a grant of up to GBP1.4 million from the UK government. Read More

AIM WINNERS & LOSERS: Joules sales dry up; Kinovo swings to profit

19th Aug 2022 11:27

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More

IN BRIEF: Strip Tinning shares drop as Croatian EV firm ends contract

19th Aug 2022 09:56

Strip Tinning Holdings PLC - Birmingham-based electrical connectors for automotive sector - Says subsidiary Strip Tinning Ltd has received a notice to end its contract with a Croatian electric vehicle technology innovator for the supply of cell management systems to a German OEM, with effect from October 1. Says the contract was signed in December last year after an extended period of design and development work with the customer. Read More

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