Proactive news snapshot: Seeing Machines, Xpediator, Physiomics...

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

Your daily round-up from the world of Proactive

Coaches operator National Express Group PLC (LON:NEX) is to install Seeing Machines Limited’s (LON:SEE) Guardian driver monitoring technology into vehicles across its UK fleet.

CentralNic Group PLC (LON:CNIC) has promoted its chief operating officer, Alex Siffrin, to the board. The 42-year-old joined the internet domain names specialist last year following the reverse takeover of his company, KeyDrive.

Xpediator PLC (LON:XPD) said demand for its freight management services remains strong but this year’s profit will be materially below expectations.

Physiomics Plc (LON:PYC) in a short statement confirmed it has traded in line with analysts’ expectations for the year to June 30.

Polymetal has exchanged US$10mln worth of convertible loan notes in Chaarat Gold Holdings (LON:CGH) for just over 14.6mln shares. The convertible was issued as part of the deal whereby Chaarat acquired the Kapan mine in Armenia.

Virtual reality specialist Immotion Group PLC (LON:IMM) has cautioned a shift in business strategy will affect its numbers in the current year. In future, the focus will be on revenue sharing partnerships to roll-out its virtual reality pods into high footfall locations rather than direct sales.

As investors and management await exploration results in Guyana, Eco Atlantic Oil & Gas Ltd (LON:ECO)(TSX:EOG) today released its annual report which highlights a “strong balance sheet” that allows it to begin its drilling campaign.

Thor Mining PLC (LON:THR) is continuing to engage in talks regarding funding for its Molhil tungsten project in Australia.

In a statement after Monday’s close Aminex PLC (LON:AEX) told investors that it had agreed a new extension to the longstop date for its farm-out deal for the Ruvuma asset onshore Tanzania, with a new date set at 31 October.

Tower Resources PLC (LON:TRP) has extended its bridging loan facility with repayment now moving out to 31 August.

Brady PLC (LON:BRY) said it has appointed non-executive director Iain Greig as its interim chief technology officer with effect from August 12.

accesso Technology Group plc (LON: ACSO) has awarded its chief operating officer, John Guilfoy, more than £500,000 worth of share awards under its long-term incentive plan, which was approved by shareholders in May 2017.

MTI Wireless Edge Ltd’s (LON:MWE) wholly owned subsidiary, Mottech Water Solution Ltd, has completed the purchase of 50% of Parkland Australia.

Afarak Group PLC (LON:AFRK) said a public tender offer for its own shares has been oversubscribed so it has had to scale back acceptances. 

Albert Technologies Ltd (LON:ALB) has clarified the dates for its delisting from AIM. It said trading in the shares on AIM will cease at close of business on August 28 with the listing to be cancelled on August 29, both a day later than previously stated. 


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