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TRADING UPDATES: Voyager Life buys CBD facility from Goodbody Health

16th Dec 2022 15:19

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

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Bank of Ireland Group PLC - Dublin-based bank - Expects 2022 net interest income to be up about 10% from 2021, raising guidance from the 6% to 7% improvement previously expected. Bank will issue its 2022 results on March 7, alongside an update on targets and strategy.

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ContourGlobal PLC - London-based power generation firm - Court sanctions takeover by US private equity firm Kohlberg Kravis Roberts & Co LP for around GBP1.75 billion. ContourGlobal expects the delivery of the court order to the registrar of companies on Tuesday. Contour confirms shareholders will receive 251.4 pence per share, as previously announced two weeks ago.

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Inteliqo Ltd - Edinburgh-based start-up technology company providing sales services to consumer technology brands under long-term distribution agreements - Announces first interim results since it started trading on the AQSE in August. Post a half-year pretax loss of GBP427,639 for the six months to September 30 and no revenue. In a brief outlook, Inteliqo says: "The company is at the beginning of its life. The company is forecast to operate profitably from February 2023 with positive cash flows in the next period."

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Keywords Studios PLC - London-based global video games technical and creative services provider - Completes acquisition of Helpshift Inc for around USD75 million. Keywords announced the acquisition on Monday last week, saying it will expand its player support and engagement capability. Helpshift, a consumer-facing digital support platform based in San Francisco, has developed a customer support automation tool which manages and resolves customer support issues in real-time within clients' mobile apps.

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Trainline PLC - London-based rail and coach travel platform - Appoints Interim Chief Financial Officer Peter Wood to role on permanent basis, effective immediately. Wood became interim CFO in September.

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Voyager Life PLC - Perth, Scotland-based supplier of cannabidiol and hemp seed oil products - Buys CBD extraction and manufacturing facility in Poland from fellow AQSE listing Goodbody Health Ltd, a Vancouver-based diagnostics firm. Voyager pays GBP1.5 million for the facility, with GBP500,000 in cash. Says the remaining GBP1.0 million will be paid via convertible loan notes. Voyager Life says the acquisitions are Goodbody's subsidiaries Sativa Wellness Poland and Olimax NT. Goodbody notes that the sale is to redirect funds and to focus on diagnostics and the wellness sector, which it said was growing. "The company continues to roll out its strategy of becoming a leading aggregator of innovative technology and innovative tests, including blood and genome, while identifying additional products to enable consumers to take more control of their life time health and wellbeing," Goodbody says.

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By Tom Budszus, Alliance News reporter

Comments and questions to [email protected]

Copyright 2022 Alliance News Ltd. All Rights Reserved.

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