GenIP "encouraged" by annual performance and ongoing demand
(Alliance News) - GenIP PLC shares surged on Thursday, after it reported "strong" growth for last year with multiplying revenue and client engagement. Read More
(Alliance News) - GenIP PLC shares surged on Thursday, after it reported "strong" growth for last year with multiplying revenue and client engagement. Read More
Nanoco Group PLC - Runcorn, England-based nanomaterials developer - Confirms that on Thursday, it received the settlement amount of USD4.5 million from LG Electronics Inc and LG Electronics USA Inc, as announced on November 20. Nanoco filed a patent infringement lawsuit against South Korea's LG Electronics in April, before the parties reached a no-fault agreement. Notes that the gross amount agreed was USD5 million, 10% of which was withheld to satisfy relevant tax liabilities. The gross USD5 million will be recognised as revenue for the current financial year. 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) - Steppe Cement Ltd closed higher on Thursday, after it reported increased revenue and sales volume for last year. Read More
(Alliance News) - Stock prices in London closed higher on Thursday, after a surprise drop in US jobless claims. Read More
(Alliance News) - Pebble Group PLC on Thursday said it expects to report full-year results in line with market expectations, as it hailed the positive momentum from its recent investments in growth. Read More
(Alliance News) - Newmark Security PLC on Thursday reported top and bottom line improvements during interim trading, as it expressed optimism around commercial opportunities ahead. Read More
(Alliance News) - Audioboom Group PLC shares were in the red on Thursday, despite the firm expecting to report "record" quarterly revenue and annual adjusted earnings ahead of market forecasts. Read More
(Alliance News) - Anglo Asian Mining PLC on Thursday hailed a "transformational year" with increased copper output in its fourth quarter. Read More
(Alliance News) - Fuller, Smith & Turner PLC on Thursday celebrated an "excellent Christmas trading period" as it approved a further share buyback programme. 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
Caledonia Mining Corp PLC - Jersey-registered operator of Blanket gold mine in Zimbabwe - Prices USD125 million in convertible senior notes due 2023 with a 5.875% coupon. The private placement with institutional buyers is increased from the originally intended USD100 million. The buyers of the notes also have a 13-day option to buy up to USD25 million more. The notes will be convertible at USD40.51 per share, a 25% premium to the stock's New York close on Wednesday, starting from January 21, 2030. Caledonia will receive USD120.2 million in net proceeds, or USD144.4 million if the option is taken up in full. The funds raised will be used to develop the Bilboes gold project in Zimbabwe, which is in development, and for general operations. Read More