Proactiveinvestors United Kingdom DeepMatter Group PLC https://www.proactiveinvestors.co.uk Proactiveinvestors United Kingdom DeepMatter Group PLC RSS feed en Tue, 23 Jul 2019 19:00:15 +0100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[RNS press release - Change of Registered Address ]]> https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20190703145516_14135463/ Wed, 03 Jul 2019 14:55:16 +0100 https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20190703145516_14135463/ <![CDATA[RNS press release - Directorate Change ]]> https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20190628070007_14128136/ Fri, 28 Jun 2019 07:00:07 +0100 https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20190628070007_14128136/ <![CDATA[RNS press release - Change of Adviser ]]> https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20190621123422_14120252/ Fri, 21 Jun 2019 12:34:22 +0100 https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20190621123422_14120252/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20190603154154_14096690/ Mon, 03 Jun 2019 15:41:54 +0100 https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20190603154154_14096690/ <![CDATA[RNS press release - Result of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20190522111922_14083622/ Wed, 22 May 2019 11:19:22 +0100 https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20190522111922_14083622/ <![CDATA[News - DeepMatter rises as it begins 2019 with acquisition and oversubscribed placing ]]> https://www.proactiveinvestors.co.uk/companies/news/218487/deepmatter-rises-as-it-begins-2019-with-acquisition-and-oversubscribed-placing-218487.html DeepMatter Group PLC (LON:DMTR) shares were lifted in early deals after it kicked off its new fiscal year with a strategic acquisition and an oversubscribed share placing while also hailing a “transformational” 2018.

The firm, which owns digital cloud-based chemistry platform DigitalGlassware, said post-period end it had acquired InfoChem, a specialist in cheminformatics (using computers to solve chemistry problems), for £2mln in February while also raising £4mln in an “oversubscribed fundraising”.

DigitalGlassware allows chemistry experiments to be performed and recorded with the results uploaded to a shared data cloud. It is designed for scientists to share data from their experiments in real-time.

The developments follow a year that saw DeepMatter rebrand itself and appoint a new chief executive (CEO), as well as deploying DigitalGlassware on a trial basis to several “premier scientific organisations” through its Pioneer Programme.

DeepMatter’s chief executive, Mark Warne, said following the trials it was now focused on deploying DigitalGlassware to an “increasingly large user base” and monetising the platform.

James Ede-Golightly, the group’s chairman, added that the DigitalGlassware programme was “expected to progress in the new fiscal year” as InfoChem’s capabilities were integrated.

In terms of figures, DeepMatter reported a pre-tax loss for the year of £1.99mln compared to a £1.55mln loss the year before, it did not record any revenues.

The wider loss was mainly attributed to research and developments costs as well as overhead expenditure.

The group’s cash balance at the end of the year was £1.09mln.

Board changes

In a separate announcement, the company said it had appointed its current financial controller Lauren Lees as financial director from 28 June to replace Michael Bretherton who will step down.

Meanwhile, non-executive director David Cleevely would step down from the board to become chairman of the Advisory Committee with immediate effect, while fellow non-executive director Professor Lee Cronin would also join the committee.

"DeepMatter's goal to digitise chemistry has the potential to substantially disrupt the scientific community, and, as such, it is right that we have in place an Advisory Committee made up of experienced and highly regarded senior figures in our space, providing industry insight to help shape the Group's strategic direction”, Ede-Golightly said.

Shares were up 3.1% at 2.99p.

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Result of Meeting & Directorate Change ]]> https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20190311125842_13997619/ Mon, 11 Mar 2019 12:58:42 +0000 https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20190311125842_13997619/ <![CDATA[RNS press release - Issue of Equity ]]> https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20190307090002_13993826/ Thu, 07 Mar 2019 09:00:02 +0000 https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20190307090002_13993826/ <![CDATA[RNS press release - Acquisition, Placing & Waiver of Rule 9 ]]> https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20190225070005_13979560/ Mon, 25 Feb 2019 07:00:05 +0000 https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20190225070005_13979560/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20190214155845_13970084/ Thu, 14 Feb 2019 15:58:45 +0000 https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20190214155845_13970084/ <![CDATA[RNS press release - 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Publication of Paper in leading Journal ]]> https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20181130070003_13886102/ Fri, 30 Nov 2018 07:00:03 +0000 https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20181130070003_13886102/ <![CDATA[RNS press release - Exercise of Options and Issue of Equity ]]> https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180906150607_13781897/ Thu, 06 Sep 2018 15:06:07 +0100 https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180906150607_13781897/ <![CDATA[RNS press release - Interim Results ]]> https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180906070002_13780493/ Thu, 06 Sep 2018 07:00:02 +0100 https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180906070002_13780493/ <![CDATA[RNS press release - Further Pioneer Agreements and Notice of Results ]]> https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180815070002_13755612/ Wed, 15 Aug 2018 07:00:02 +0100 https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180815070002_13755612/ <![CDATA[RNS press release - 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Result of AGM, name change and new website ]]> https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180516114502_13643644/ Wed, 16 May 2018 11:45:02 +0100 https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180516114502_13643644/ <![CDATA[RNS press release - Director Dealing ]]> https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180424070006_13615472/ Tue, 24 Apr 2018 07:00:06 +0100 https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180424070006_13615472/ <![CDATA[RNS press release - Second Pioneer Agreement Signed ]]> https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180419070002_13610157/ Thu, 19 Apr 2018 07:00:02 +0100 https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180419070002_13610157/ <![CDATA[RNS press release - First Pioneer Agreement Signed ]]> https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180412070003_13601264/ Thu, 12 Apr 2018 07:00:03 +0100 https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180412070003_13601264/ <![CDATA[RNS press release - Director Dealing ]]> https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180405152826_13593835/ Thu, 05 Apr 2018 15:28:26 +0100 https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180405152826_13593835/ <![CDATA[RNS press release - Final results for the year ended 31 December 2017 ]]> https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180328070003_13584016/ Wed, 28 Mar 2018 07:00:03 +0100 https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180328070003_13584016/ <![CDATA[RNS press release - MoUs signed with pioneers ]]> https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180206070002_13522398/ Tue, 06 Feb 2018 07:00:02 +0000 https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180206070002_13522398/ <![CDATA[RNS press release - Publication of Scientific Paper ]]> https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180119090002_13502563/ Fri, 19 Jan 2018 09:00:02 +0000 https://www.proactiveinvestors.co.uk/companies/rns/17785/LSE20180119090002_13502563/ <![CDATA[RNS press release - 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