Anpario PLC (LSE:ANP) crept 3.8% higher to 680p on the back of some patent news.
The manufacturer of natural sustainable animal feed additives for health, nutrition, and biosecurity said it has been granted a UK patent for its market leading phytogenic product Orego-Stim.
The patent grant follows a combined and successful research programme with the University of Reading. This research shows that the natural oregano oil composition reduces the proportion of bacteria in the gut that show antimicrobial resistance, when added to the diets of young cattle. This resistance can occur when calves are fed 'waste milk' or colostrum containing antibiotic residues. This 'waste milk', which also contains beneficial microbes for metabolism and immunity, is a major by-product of the dairy industry that cannot be sold for human consumption and so instead, is commonly fed to calves, Anpario explained.
1.40pm: Shareholders continue to exit Napster share register
Shareholders are still exiting Napster Group PLC (AIM:NAPS, OTC:EVVRF) after the company announced earlier this week it would delist its shares.
The shares are off 6.3% at 0.37p after the company revealed yesterday it would be bought by a private investor.
The company expects to return to public ownership through a US listing in 2023.
12.45pm: Pennant finally to capture UK defence programme contract
Pennant International (AIM:PEN) Group PLC hardened 15% at 34p after the provider of training technology updated on its order pipeline.
The company had been earmarked for participation in a major UK defence programme back in August 2018 but the contract negotions got bogged down.
The company now expects the contract will finally be signed in the first quarter of 2022 although it won’t be as big a contract as the company had originally hoped.
11.50am: Duke Royalty bumps up the divi after strong first half
Duke Royalty Limited – a corporate financing specialist rather than a team of lawyers representing Prince Andrew – said it expects full-year results will be ahead of current market expectations.
The shares were 4.0% heavier at 45.75p at the end of the morning after the company said the current deal pipeline is at a record level.
In its interim results, it increased its interim dividend by 10% to 0.55p from 0.50p the year before “with the prospect of higher dividend payments for shareholders in the future,” supported by new royalty agreements.
10.55am: Mila Resources advances as it starts drilling at Kathleen Valley
Mila Resources PLC (LSE:MILA) has started drilling at Kathleen Valley, its gold project in Western Australia.
The news sent the shares 6.4% higher to 2.5p.
The objective of the drilling programme is to build on the existing JORC inferred resource and unlock the full potential of the project, which is located in a region that hosts some of the largest gold projects in Australia and which is adjacent to Bellevue Gold's discoveries.
10.00am: Wickes continues to trade well
Wickes Group (LSE:WIX) PLC jumped 12% to 240.54p after it raised full-year profits guidance.
The home improvement retailer said full-year adjusted profit before tax will be no less than £83mln.
The current consensus forecast for Wickes’s full-year profit before tax is £74.6mln. Previously, Wickes indicated profits would be towards the upper end of analysts’ forecasts, which at the time was £67mln-£75mln.
9.05am: Tungsten Corporation perks up on Amazon partnership
Tungsten Corp PLC shareholders got some much-needed succour from the latest announcement from the company, which boosted the share price by 11% to 32.2p.
Floated at 225p back in October 2013, the e-invoicing company has been a dog stock since then but perked up today after it announced it had been selected by Amazon Business to support the US giant’s global e-invoicing programme in Europe and the US.
The partnership will enable customers to automate the processing of Amazon Business invoices via the Tungsten e-invoicing network.
GreenRoc Mining PLC (AIM:GROC), which floated on 28 September at 10p a pop, has not had the best of starts to life as a publicly listed company but the share rose 11% to 7.25p as the company issued an update on the Amitsog graphite project.
The company said the full suite of assay results from its drilling and channel sampling programme undertaken at the Amitsoq Island deposit from June to August 2021 confirm the high-grade nature of the deposit.
The test results also showed the graphite layers to be both thicker, and more consistent, than previously thought.