The shares perked up on news that the Italian tax authorities had failed in their attempt to overturn Telit's appeal against three VAT assessments dating from 2014
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Recognised revenues jumped 133% to £9.3mln in the six months to 30 April 2017
The funds are 'highly sophisticated baskets of Exchange Traded Funds (ETFs)'
Measures to reduce overheads will see the cost base in 2018 fall to less than half the 2016 level.
Both companies agreed after the preliminary discussions that joining together was not in either of their interests.
Orange acquired the stake when it sold its half of UK mobile group EE to BT in 2016.
It’s the first contract won by Avanti in this particular sector, and the company hopes more will follow
Notably, these marketing industry awards are voted for by clients..
The BOS software is focused on making workplaces more productive and it launched the BOS360 work patterns platform in May.
The new three year agreement replaces an existing US$50mln debt facility
"This is critically important for the automotive industry since so much of the car is now software defined," said the Telit chief
The technology was developed alongside Telit’s Sweden-listed partner, Tele2
“We are confident in our ability to build on this progress and generate further contracts in the future”
"I am delighted with the commercial progress we have made,” said Phil Caldwell, Ceres chief executive.
The move comes a month after K3 said full-year results would be “significantly below” expectations
Eckoh has made a strong start to the new financial year with monthly recurring revenue of almost £2mln
Kromek’s next generation standalone radiation detector, D3S-ID, was deployed by the European Commission’s Counter Terrorism Unit of Directorate General for Home Affairs in Brussels.
BOS's products are gaining traction in the market place as the company beefs up its distribution network
John Rennocks, Richard Tuffill and Lisa Jordan are the new faces joining the board, while Eugene Shivdler is stepping down
Humphrey is currently a non-executive director of AVEVA Group, SDL and The Vitec Group
The draw-down will see 725,000 BOS shares issued to Innovation Corporation at an assumed value of 16p a share
The speaker works, unsurprisingly, with Apple Music...
A big customer has indicated it would not renew Dillistone's legacy product while the recruitment software firm's "next big thing" won't be ready until next year
Many of Westminster's customers are government agencies and negotiations with these on new contracts tend to be drawn out
The AIM-listed Chinese technology, content and services company said the microsites will offer a combination of exclusive club content and unique promotions targeted at soccer fans across China