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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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Proactive news headlines: Franchise Brands, Technology Minerals, Accesso Technology and more...

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

Broker feedback for accesso Technology Group PLC was positive after the company provided updates on trading and the status of tie-ups with two of its biggest partners.

It said expectations for the 2022 financial year remained unchanged as it told investors it had extended agreements Merlin and Six Flags.

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Bango PLC's (AIM:BGO) trading update on Tuesday showed revenue up 32%, which is ahead of forecasts, said house Liberum, with its 260p target price implying 34% upside from the current share price.

The strong growth has been driven by a combination of new customer wins and growth with existing customers, which the broker said it sees continuing into the 2022 financial year.

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accesso Technology Group PLC (AIM:ACSO, OTC:LOQPF) said expectations for the 2022 financial year remain unchanged as it extended agreements with two giants of the theme park and attractions world – Merlin and Six Flags.

Its new enterprise-level agreement with Merlin will see it continue serving as the exclusive ticketing technology provider for 113 Merlin venues across 19 countries through to August 2026, with the option to extend a further two years.

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Bango PLC (AIM:BGO) said underlying profits for 2021 were in line with expectations, while revenue grew by a forecast-beating 32%.

In a trading update, the AIM-listed mobile payments and data specialist said the period saw "high growth" in the payments business following new deals with Amazon.com, Inc. and Microsoft Corp and global partnerships with NTT Data, KakaoPay and TPAY.

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Frontier IP Group PLC (AIM:FIPP) said its investee company Celerum launched its Truck Logistics System and landed its first order for the AI-driven software.

Using ‘nature-inspired computing’ the product helps maximise resources across logistics networks, cutting costs, carbon emissions and delivery times.

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ATOME Energy PLC, the international company focused on green hydrogen and ammonia production, said it will hold a live investor presentation online on Tuesday 18 January on the Investor Meet Company platform. Chief executive Oliver Mussat and fellow board members Mary-Rose de Valladares and James Spalding will provide a live presentation.

Seraphim Space Investment Trust PLC reminded investors that, as stated in its prospectus, the amount standing to the credit of the share premium account of the company immediately following initial admission be cancelled and credited to a reserve. The company said that, following court approval on 14 December 2021, the reduction has now become effective. Accordingly, the amount of £173.2mln previously held in the share premium account has been cancelled and will be credited to a special distributable reserve.

Instem PLC said it has appointed Stifel Nicolaus Europe as its joint broker with immediate effect, to work alongside existing broker Singer Capital Markets.

Cornerstone FS PLC announced that it has appointed SP Angel as joint broker alongside Peterhouse Capital with immediate effect.

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