PLC News

Plc Market news covers the latest developments on the Alternative Investment Market, the London Stock Exchange’s venue for smaller, growth‑orientated companies. This section includes updates on company admissions and delisting’s, fund‑raisings and IPOs, share‑price movements, mergers and acquisitions, board appointments and departures, regulatory and policy changes

Tencent acquires 10% of Sumo Group plc from Perwyn, who retain 17.3%

Tencent acquired 10% of Sumo Group (LON:SUMO) from Perwyn who retain a 17.3% stake. Zeus Capital acted as broker to Perwyn on the transaction. Sumo is one of the UK’s..

ImmuPharma and Avion Pharmaceuticals sign exclusive licence and development agreement

ImmuPharma PLC (LON:IMM), a specialist drug discovery and development company, have announced a licence and development agreement with Avion Pharmaceuticals LLC, for the exclusive rights to Lupuzor™ in North America..

W Resources Starts commercial tungsten and tin production

W Resources Plc (LON: WRES), the tungsten, tin and gold mining company with assets in Spain and Portugal, announced today that it has commenced production of tungsten and tin concentrate..

Boku, Inc. Enters Strategic Partnership with Swisscom

Boku (LON: BOKU), the world’s leading independent direct carrier commerce company, has today announced it has entered into a partnership with Swisscom to provide mobile identity verification capabilities in the..

Palace Capital 1H’20 results announced

Palace Capital (LON:PCA) 1H’20 results were announced on 19 November. Seventeen lease events have been completed. Impressively, these were 25% above passing rent and 3% above ERV (i.e. previous estimated..

University of Chester’s Energy Centre Microgrid supported by Crestchic loadbanks

With power resilience, fluctuating energy demand and a move toward sustainable power sources  very much a hot topic at the moment, Crestchic loadbanks is pleased to be working with the..

Union Jack Oil Raises £5m for highly accretive projects

Union Jack Oil plc (LON: UJO), a UK-focused onshore hydrocarbon production, development and exploration company, has announced that it has raised £5 million by way of a placing and subscription..

Versarien plc Textile Commercial Partnership Agreement

Versarien Plc (LON: VRS), the advanced materials engineering group, has today announced that it has signed a Commercial Partnership Agreement with the Company’s textile sector collaboration partner, MAS Innovation Limited..

Water Intelligence Surpasses prior FY revenue result earlier than expected

Water Intelligence plc (LON: WATR), a leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water has provided a trading update through the..

Blue Star Capital SatoshiPay Payment solution live on Axel Springer website

Blue Star Capital plc (LON: BLU), the investing company with a focus on technology and its applications within media and gaming, has provided an update in respect of its investee..

Pantheon International Plc History of value added to portfolio by holding Pantheon

In our 6 September initiation report on Pantheon International (11.9% average annual NAV growth since 1987, PIP, ticker PIN), we noted i) PE funds earn better returns than quoted companies,..

Diurnal Group Successful DITEST Phase I trial outcome

Diurnal (LON:DNL) is a commercial-stage specialty pharmaceutical company focused on diseases of the endocrine system. Its two lead products, Alkindi and Chronocort, are in late-stage clinical trials, with Alkindi already..

Conygar Investment Company Well placed to deliver the existing developments

Conygar Investment Company (LON: CIC) has today provided preliminary results for the year ended 30th September 2019. Summary · Net asset value per share 178.2p at 30 September 2019. ·..

Allergy Therapeutics announces update to Grass MATA MPL phase III clinical programme

Allergy Therapeutics plc (LON: AGY), the fully integrated commercial biotechnology company specialising in allergy vaccines, has today provided an update on its Grass MATA MPL phase III study, due to..

Gresham House Strategic new investments and portfolio re-balancing drive further NAV growth

Gresham House Strategic (LON: GHS) has this morning announced its unaudited half year results for the period ended 30th September 2019. Financial highlights Strong share price performance, with share price..

Rainbow Rare Earths provide encouraging results

Rainbow Rare Earths (LON: RBW), the Rare Earth Element mining company, has provided the following update on its exploration and mine development programme. Highlights – 2 borehole samples analysed – including..

Zoetic International Six new CBD products to be launched ahead of Christmas

Zoetic International plc (LON: ZOE), the London listed vertically integrated CBD and natural resources company, has today provided the following update on its operations and current trading. Highlights · Six..

KEFI Minerals – Tulu Kapi Project Official Launch Ceremony in Addis Ababa

KEFI Minerals plc (LON: KEFI), the gold exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, has this morning announced..

Cambridge Cognition Wins $225,000 contract with top 10 pharmaceutical company

Cambridge Cognition Holdings plc (LON: COG), which develops and markets digital solutions to assess brain health, has announced the launch of an improved electronic clinical outcomes assessment platform that has..

Sativa Group To Explore Admission to London Stock Exchange

Sativa Group Plc [NEX: SATI], the UK’s leading quoted CBD wellness and medicinal cannabis Group, has provided the following Company update. Business streams Following the appointment of Henry Lees-Buckley as..

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