(Alliance News) - Thruvision Group PLC on Friday reported a "difficult" trading period, with its top line contracting as larger opportunities in its sales pipeline were not converted. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
Thruvision Group PLC - Abingdon, England-based provider of walkthrough people-screening technology - Raises GBP2.1 million from an oversubscribed placing of 212.5 million new shares at 1 pence each. Some directors and staff intend to subscribe for a further 37.5 million new shares at the same price to raise an additional GBP375,340. The subscriptions will be delayed while the company is in its closed period ahead of the release of its results for the financial year that ended March 31. Thruvision also intends to launch a retail offer for up to 25 million new shares at the same price to raise up to GBP250,000 gross. Assuming full take-up, the new shares will represent 158% of Thruvision's existing total. Alenby Capital Ltd is running the placing as sole bookrunner. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
(Alliance News) - European blue-chips opened lower on Friday, following US President Donald Trump winning approval for his controversial spending bill, and as the ECB president calls for a stronger EU single market to combat US tariffs. Read More
(Alliance News) - Thruvision Group PLC on Wednesday said it has secured a material contract from a new government customer in Asia, helping to more than double its first-quarter order intake and extend its cash runway until the end of 2025. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More
(Alliance News) - European blue-chips opened higher on Wednesday, as a UK minister warns on the potential fallout from Tuesday's welfare reform vote and US President Donald Trump threatens Japan with an up to 35% tariff ahead of the July 9 deadline. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday. 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
(Alliance News) - Thruvision Group PLC on Monday said full-year revenue is expected to drop by more than 40%, and warned its cash will run out by the end of June without new funding. Read More
(Alliance News) - Thruvision Group PLC on Thursday reduced its revenue outlook for its 2025 financial year, due to delays in talks for potential contracts. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday. Read More
Thruvision Group PLC - Abingdon, England-based walkthrough people-screening technology - Decides to conduct a formal strategic review, including the launch of a formal sales process. Thruvision is therefore now considered to be in an 'offer period' as defined by the Takeover Code. Stresses not currently in talks regarding a possible offer. Believes further resources are required to advance the adoption of the group's technology by customers and operate at greater scale. Other options being considered include seeking a strategic partner to support its growth; raising additional equity capital; and licensing its technology and intellectual property to a third party. The company notes that, as announced in late October, it "has significant near-term opportunities notably in Entrance Security and Retail Distribution" with a potential contract value of around GBP15 million for the year ending March 31, 2026. Says it has been in "regular ongoing discussions" with the potential clients, with "significant milestones" scheduled for the fourth quarter of the current financial year. Adds however that it "does not have confirmation from these potential customers as to when purchase orders...will be entered into, if at all". If the orders do not materialise, it expects its cash resources to last roughly until the end of May. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
Thruvision Group PLC - Abingdon, England-based walkthrough people-screening technology - Promotes Chief Financial Officer Victoria Balchin to chief executive officer, starting on Thursday. Balchin joined Thruvision as CFO in late 2022. She replaces Colin Evans, who left in October. She also will remain CFO for "the forseeable future", Thruvision says. Executive Chair Tom Black will remain involved in day-to-day management and is leading a review of sales operations. "I am certain that [Balchin] is the right person to lead the Thruvision team as we enter a crucial phase on our journey to profitability," Black says. In the six months that ended September 30, Thruvision reported a GBP2.5 million pretax loss, widened from GBP1.6 million a year before, on revenue of GBP1.9 million, down from GBP3.5 million. Read More
Thruvision Group PLC - security technology provider - Raises a total of GBP1.4 million before expenses through direct subscriptions from existing shareholders of the company at a price of 11 pence per subscription share. Says that the net funds received by the company will be used to strengthen the balance sheet and provide additional working capital. The subscription represents a 29% premium to the closing mid-market price of an ordinary share of 8.5 pence on November 11. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More