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The Markets
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The Markets
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Proactive news snapshot: Learning Technologies, ITM Power, Hurricane Energy …

A glance at some of the day's highlights from the Proactive Investors newswire

Learning Technologies Group PLC (LON:LTG) shares jumped in early deals on Tuesday after it hiked its final dividend by 67% on the back of an earnings surge in 2018.

ITM Power PLC (LON:ITM) has confirmed that Toyota Australia is its first customer in the antipodean country, with the group purchasing a 0.25 megawatt (MW) rapid-response PEM (polymer electrolyte membrane) electrolyser from the company. The AIM-listed energy storage and clean fuel company said this is one of the first four sales in Australia it announced on 14 January.

Hurricane Energy PLC (LON:HUR) shares nudged higher on Tuesday as UK oil field developer confirmed that, after failed previous attempts, it has now hooked up the Aoka Mizu floating production vessel to the Lancaster field’s infrastructure.

Mobile advertising specialist Taptica International Ltd (LON:TAP) boosted sales by almost a third in 2018, while underlying earnings were 29% better. All the improvement came from the brand advertising arm, where a strong performance and first-time contribution from Tremor Video DSP saw revenues more than doubled at US$146mln.

AFC Energy PLC (LON:AFC) has made UK-based Advanced Plastics its preferred choice as the manufacturer of flow plates for its alkaline fuel cells. The flow plate regulates the flow of gases and liquids within the AFC Energy fuel cell system.

Bloomsbury Publishing PLC (LON:BMY) said trading in the fiscal year just ended was in line with the board's expectations.

Mobile commerce company Bango PLC (LON:BGO) saw end user spend (EUS) on its platform more than double in 2018.

BigDish Plc (LON:DISH) shares jumped in early trading on Tuesday after it partnered up with award-winning digital advertiser Loud Mouth Media to help drive brand awareness and app usage across the UK

NetScientific PLC (LON:NSCI) said, following completion of the merger of its investee company PDS with Edge Therapeutics, its ownership of the enlarged PDS Biotechnology Corporation on a fully-diluted basis is 8.15%, which at the listing price on 18 March 2019 of US$10 a share values its holding in PDS at £4,081,451. The company added that it is its intention to hold the shares and to make a decision on its position in due course.

INTOSOL Holdings PLC (LON:INTO) has signed a management contract for the SOUL Rainbow’s End luxury hotel in South Africa, which its executive chairman said could be its “most spectacular property yet”.

An expert gemmologist, Dr Gavrielov Gila, has valued cut and polished blue sapphire from the Kishon Mid Reach deposit owned by Shefa Yamim (ATM) LTD (LON:SEFA) at US$7,000 per carat. Natural moissanite from the same project was valued at US$10,000 per carat.

Mosman Oil And Gas Ltd (LON:MSMN) told investors that drilling has now kicked off for the Stanley-2 well in Texas. The company said the programme would run for around 14 days, including evaluation, and it is being funded from existing cash resources.

Greatland Gold PLC (LON:GGP) has outlined its plans for 2019, following the recent announcement of a US$65mln farm-in agreement with Newcrest to advance the Havieron project.

Photonstar LED Group PLC (LON:PSL) has conditionally raised £200,000 via a placing to provide further funds to support its search for a reverse takeover and also announced that a key existing shareholder is maintaining his stake in the shell company. The AIM-listed firm said it has placed 1,666,666,666 new ordinary shares with new and existing shareholders at a price of 0.012p each.

Oriole Resources PLC (LON:ORR) said its remuneration committee has today granted shares options to its chief executive officer, Tim Livesey, its chief financial officer, Bob Smeeton, and members of the management team. The group added that the options over 20,700,000 ordinary shares have an exercise price of 0.37p each.

Amphion Innovations PLC (LON:AMP) has sold a further batch of shares in partner company Motif Bio PLC (LON:MTFB) (NASDAQ:MFTB), raising proceeds of US$240,656 once more to be used in partial repayment of a loan facility. The AIM-listed firm said it sold 3,250,000 Motif Bio shares, reducing its holding in the company to 20,179,611 ordinary shares, representing 6.78% of the issued share capital.

WideCells Group PLC (LON:WDC) said it has received further notice from European High Growth Opportunities Securitization Fund in respect of the exercise by the investor of its conversion rights under the convertible bonds for the principal amount of £150,000, together with a penalty payment of £225,000, resulting in the issue to it of 150,000,000 new ordinary shares. The company also said it has agreed to issue a further 19,200,000 new ordinary shares to Align Research Ltd, in settlement of the fees due by the company under a contract for the provision of equity research services.

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