Totally PLC (LON:TLY) found strong gains in late afternoon trading, jumping 7.8% higher to 13.12p after the “out of hospital” healthcare provider kicked off its new fiscal year with some contract awards.
In a trading update for the year ended 31 March, the AIM-listed group said that in recent weeks its subsidiaries had been awarded around £7.7mln in contract extensions, new business and pilot schemes.
The group said the well was brought into production on April 1 and is now flowing at a rate in excess of 1,000 barrels of oil per day on a restricted choke.
And fellow FTSE 250 member, Unite Group PLC (LON:UTG), nudged up 0.5% to 938p after the property group, which specialises in student accommodation, revealed the value of its portfolio increased by 0.5% on a like-for-like basis in the first quarter of 2019.
12.30pm: Parity bids farewell its to chief operating officer
Rommel has resigned as a director with immediate effect to pursue other interests.
The shares dipped 3.1% following the news.
11.30am: Ascent descends after issuing production update
Total production for March was 334,410 cubic metres of gas, or 2,036 barrels of oil equivalent (boe) and revenue for the month was €44,095.
Total production for February was 311,443 cubic metres (1,896 boe) and revenue for the month was €44,513.
Shares in Ascent were down 3.3% at 0.28p.
10.30am: Firestone Diamonds enjoys a "good weekend"
The 72 carat diamond was recovered together with a 22 carat makeable white stone, followed by an 11 carat fancy light-pink stone. These diamonds will go on sale at the next tender which is scheduled to take place during May 2019.
Shares in Firestone were 7.3% higher at 2.2p following the news.
It was a good weekend for us, recovering a 72 carat yellow diamond as well as two smaller, high quality stones from our Liqhobong mine in Lesotho https://t.co/eeMwFmsZoc #Diamonds #Mining pic.twitter.com/PnYNodrr6W— Firestone Diamonds (@FDIplc) April 8, 2019
9.30am: Adept4 disputes customer's contract cancellation
The company has lost a contract, and that will hit revenues and profits in the current fiscal year, although it is disputing the cancellation as it does not believe it is valid.
The contract delivered around £700,000 of recurring revenue annually.
The shares were down by 38% at 0.45p.
The company said it expects full-year revenues to be more than double those of last year after reporting first-half revenues of £2.5mln, up from £1.13mln in the first half of the preceding year.
This strong growth in sales is a result of continued success in direct sales, e-commerce and telesales and the further development of wholesale and retail distribution channels, the company said. The shares were up 13.3% at 8.5p.
Proactive news headlines:
Anglo Asian Mining PLC (LON:AAZ) has commenced a US$1.84mln exploration programme at the 462 Square kilometre Ordubad project in Azerbaijan. The programme will include satellite mapping, geological mapping and sampling and around 6,000 metres of core drilling.
Scancell Holdings PLC (LON:SCLP) has won Japanese patent protection for its Moditope immunotherapy platform. It follows on from similar awards in key markets such as the US, Europe, South Africa and Australia, and acceptance for a grant in China.
Circle Property PLC (LON:CRC) has found a tenant for the remaining vacant space at Kents Hill Park in Milton Keynes Housing association Grand Union will take the entire first floor of the refurbished 40,000 sq ft K2 building on a 10-year lease at a headline rent after incentives of £17.50 per sq ft or £352,625 per annum.
SDX Energy Inc (LON:SDX) (CVE:SDX) revealed it is to rationalise its corporate set-up to better fit the fact that its management team is based in London and its assets are in North Africa. The company, in a statement, said the benefits of maintaining a dual listing and retaining its Canadian domicile status don’t justify the costs.
SkinBioTherapeutics PLC’s (LON:SBTX) chief executive, Dr Cath O'Neill, said she was “really pleased” with the results from the company’s first human study of its SkinBiotix cream. The data revealed the product to be well tolerated and efficacious in certain age groups and at certain time points.
Frontier IP Group Plc’s (LON:FIPP) portfolio firm Pulsiv Solar has signed an agreement with German engineering giant Bosch to optimise the design of its energy-efficient solar micro-inverter prototype. In a separate announcement, Frontier said Alusid, which makes a stone substitute from recycled glass and ceramics, would have its range of sustainable tiles launched and sold by Parkside Architectural Tiles, the commercial arm of retailer Topps Tiles Plc (LON:TPT).
RM Secured Direct Lending PLC (LON:RMDL), the investment trust specialising in providing tailored debt solutions, has deployed all cash available for investment in April following its fund-raising last month.
Impax Asset Management Group PLC (LON:AUM) saw its assets under management rise by 15% in the first quarter of 2019.
NQ Minerals PLC (LON:NQMI) (OTCQB:NQMLF) produced 4,712 dry metric tonnes of lead concentrate from its Hellyer mine in Tasmania during the first quarter of 2019. NQ also produced 3,015 dry metric tonnes of zinc concentrate and 18,488 dry metric tonnes of pyrite concentrate.
Tlou Energy Limited (LON:TLOU, ASX:TLOU) has raised AU$1.2mln, in a premium priced placing, to ease what was described as “near-term financial pressure”. The company, in a statement, revealed that it will issue new shares to sophisticated existing shareholders at a price of 10 Australian cents per share, a 5% to the ASX closing price on Friday.
Strategic Minerals PLC (LON:SML)(USOTC:SMCDY) will complete on the acquisition of the 50% stake in Cornwall Resources that it is acquiring from New Age Exploration Ltd on 30 May 2019. The news comes after New Age Exploration established that it isn’t required to refer the decision to sell the stake to a general meeting of its shareholders.
Arc Minerals Ltd. (LON:ARCM) has completed construction of a pilot plant at the Kalaba copper project in Zambia. The plant has now been commissioned and has produced a copper-cobalt sulphide concentrate.
Berkeley Energia Ltd. (LON:BKY) has noted recent media reports regarding various legal challenges to recently announced appointments to the board of the country’s Nuclear Safety Council. The AIM-listed uranium mine developer said it will advise shareholders of the decision by Spain’s Supreme Court on the legality of these appointments as soon as it is received.
Location Sciences (LON:LSAI), the leading mobile location data and intelligence expert, announced the appointment of Paul Thompson to strengthen its advisory panel. The group said Thompson will advise the company on its strategy and partnerships as well as the global expansion of Verify; the world's first independent location verification platform. Thompson takes on this new role following six years at Blis Media, the location data technology company, where he was most recently chief revenue officer.
Taptica International Ltd (LON:TAP), a global leader in advertising technologies for brand advertising and performance-based mobile marketing, has announced the intention to change the name of the company to Tremor International Ltd. The group said the proposed change of name will better reflect its ongoing strategic and operational focus following the transformational merger with RhythmOne.
Ariana Resources PLC (LON:AAU), the exploration and development company with gold mining operations in Turkey, announced that it will be hosting a shareholder update evening and presentation, followed by a Q&A session on 30 April 2019, at 6:00 pm, at 1 America Square Conference Centre, 17 Crosswall Street, London EC3N 2LB.