ATOME Plc's (AIM:ATOM) granting of an Enterprise Investment Scheme (EIS) “is positive and should broaden the company's potential investor base as it continues to develop and grow”, according to equities analysts at SP Angel.
The company, the sole international green fertiliser project development company listed on the London Stock Exchange, was granted Enterprise Investment Scheme (EIS) status by His Majesty's Revenue and Customs (HMRC) for investments made by certain qualifying shares.
Foresight Solar Fund Ltd (LSE:FSFL) has announced record cash distributions for the 2023 financial year, marking a significant milestone as the fund celebrates its 10-year anniversary of listing on the London Stock Exchange.
The statistic was shared by research group Edison, which published a report on the London-listed fund this Thursday.
Cordiant Digital Infrastructure Ltd (LSE:CORD), a leading investor in digital infrastructure, reported strong operational performance and financial health in its latest trading update, saying it has a "number of opportunities to deploy growth capex in the existing portfolio" that it believes will be accretive to returns.
The company's ‘Buy, Build & Grow’ strategy has led to a 6.4% increase in aggregate portfolio company EBITDA to £99.4 million and an 8.2% rise in revenue to £217.4 million for the nine months ending 31 December 2023.
Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) told investors it has elected to make its next quarterly bond repayment with an issue of new shares.
The payment totals $2.744 million, $2.45 million of principal and $294,000 interest, which see some 8.82 million new shares being issued. Subsequently, the bond debt will stand at $26.95 million.
ImmuPharma PLC (AIM:IMM) is set to participate in the BIO-Europe Spring gathering, which it describes as the "premier partnering event, designed to provide biotechnology companies".
Tim McCarthy, CEO, and Dr. Tim Franklin, COO, will represent the company at the gathering, which takes place in Barcelona from March 18-20.
Frontier IP Group PLC (AIM:FIPP), the specialist in commercialising intellectual property, reported a pre-tax profit of £1.4 million in today’s interim results, a significant year-on-year improvement from a pre-tax loss of £500,000.
Basic earnings per share rose to 2.67p, up from 0.49p in the previous year, while net assets per share were at 84.2p as of 31 December 2023, slightly down from 88.2p on 31 December 2022.
ATOME PLC (AIM:ATOM), the sole international green fertiliser project development company listed on the London Stock Exchange, has been granted Enterprise Investment Scheme (EIS) status by His Majesty's Revenue and Customs (HMRC) for investments made by certain qualifying shares.
This announcement follows the equity fundraise last month, which brought in £1.8 million.