viewIofina PLC

Investor Update: Iofina PLC on track to deliver record annual iodine output

Headlines from the Proactive UK newsroom.

Things continue to move in  Iofina’s (LON:IOF) favour . Iodine prices have continued to strengthen while output reached a record of 454MT of crystalline iodine in the nine months to 30 September 2019.

Remote Monitored Systems (LON:RMS) has signed a pilot project contract with Clarke Energy, one of the UK’s leading suppliers of power generation equipment. Clarke Energy will trial RMS’s kit on its generators to monitor shaft alignment.

Bacanora Lithium (LON:BCN) has received the final instalment of a strategic investment from Chinese group Ganfeng.  The investment comprised £22mln , with the Chinese firm taking a  29.99% equity interest and a 22.5% stake in the Sonora project in Mexico.

Energean Oil and Gas (LON:ENOG) is to sell the North Sea portion of assets of Edison E&P for $250mln cash even before it has taken control. The Israeli group agreed to buy Edison E&P for US$750mln in July, but its focus is the Eastern Med.

PCG Entertainment PLC (LON:PCGE) shareholders are to be given preferential rights to participate in the planned flotation of VOX Markets. VOX pulled out of the planned merger with PCG last week and VOX has granted the preferential rights in return for PCG dropping any claims it may have had against VOX for kyboshing the planned deal.

Thoma Bravo is to splash out US$3.8bn in acquiring cyber security group Sophos. The private equity firm is paying 583p per share for Sophos , a 37% premium to the price on Friday.

Labour's plans to re-nationalise Britain’s water, energy and mail services would cost just short of £200bn according to the CBI. That is the equivalent of one year’s income tax for the whole country.

Quick facts: Iofina PLC


Price: 15.5 GBX

Market Cap: £29.74 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of named herein, including the promotion by the Company of in any Content on the Site, the Company receives from said issuer annual cash...


Iofina says 'our business has been strong' reporting record revenue and...

Iofina PLC (AIM:IOF, OTC:IOFNF, FRA:IF7) (AIM:IOF, OTC:IOFNF, FRA:IF7) Tom Becker joins Proactive London to explain what drove their record revenue and profit in the first half.  Debt also fell in the first half of the year despite production outages caused by extreme weather and reduced...

2 days, 11 hours ago

2 min read