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TRADING UPDATES: Creo Medical sees growing demand for products

27th Jun 2023 20:08

(Alliance News) - The following is a round-up of updates by London-listed companies, issued Tuesday and not separately reported by Alliance News:

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Creo Medical Group PLC - Chepstow, Wales-based medical device company focused on surgical endoscopy - Continues to experience growing demand for both core technology and endotherapy devices. Points out commercial momentum continues to be driven by its multinational Pioneer training and mentoring events. Expects to see this momentum continued across other NHS Trusts/hospitals as training on the Pioneer programmed continues apace. Further, Charles Spicer to stand down as chair no later than the 2024 AGM.

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Globalworth Real Estate Investments Ltd - investor in real estate in Central and Eastern Europe, with particular focus on Poland and Romania - Announces results of invitation to holders of its outstanding EUR550 million 3.0% notes due 2025, and EUR400 million 2.95% notes due 2026 to tender up to EUR100 million principal aggregate amount for purchase through a Dutch auction procedure. Accepts for purchase EUR100 million aggregate principal amount of the 2025 notes validly. The purchase consideration for the 2025 notes will be EUR83.2 million, funded by cash. Says "determined not to accept any of the 2026 notes tendered".

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AVI Global Trust PLC - Exeter, England-based investor in family-controlled holding companies, closed-end funds and asset-backed opportunities - Enters agreement to issue JPY4.5 billion, GBP24.5 million, fixed rate unsecured debt, for a term of 10 years. Adds the annual interest rate on the debt will be 1.44%.

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Mercantile Ports & Logistics Ltd - developer, owner and operator of ports and logistics facilities in India - Reports all resolutions at today's general meeting were passed. Accordingly, the Company will raise total gross proceeds of GBP9.0 million through placing, subscription and retail offer through the issue of around 301.5 million shares. Further, raises around GBP400,000 through subscription for shares at 3 pence each by an existing shareholder. Proceeds will provide working capital.

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SulNOx Group PLC - London-based company which specialises in providing solutions towards the decarbonisation of liquid hydrocarbon fuels - In the process of finalising an agreement with a new strategic investor. Explains the investor would agree to subscribe for shares at a price of 9.5 pence each. Adds funds raised would be utilised for general working capital purposes. Further, the investor has joined the company in a consultancy role as part of which, it is anticipated that the options to subscribe for new shares at a price of 10 pence each will be granted. Shares closed at 12p on Tuesday.

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Goldstone Resources Ltd - Ghana-focused gold producer and explorer - Notifies that it will not be in a position to publish the 2022 accounts by June 30, as required by AIM rules. Explains the reason for the delay is the existing auditor, DSG Chartered Accountants, is no longer in a position to provide the audit opinion for a gold mining company that is now in production and quoted on AIM. This is as a result of a strategic decision by DSG not to undertake any listed work going forwards. New auditor, Moore Stephens Audit & Assurance Ltd requires additional time to complete the audit process. As a result, shares will be suspended on or before June 30.

By Jeremy Cutler, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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