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Tag Archives: Category:News and Announcements

Chariot inks hydrogen import deal with Port of Rotterdam

Chariot has signed a memorandum of understanding with the Port of Rotterdam, it announced on Wednesday, as part of its planned green hydrogen project in Mauritania. The AIM-traded firm said the memorandum was a “first step” towards establishing supply chains to import green hydrogen and ammonia to meet expected demand …

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Xaar on track for profitable growth as results improve

Xaar said it was on track to return to profitable growth after the inkjet printer head group’s adjusted annual loss narrowed sharply. The adjusted pretax loss for the year to the end of December from continuing operations shrank to £0.6m from £3.9m a year earlier as revenue rose 23% to …

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Royal Mail sells last 3 Nine Elm plots for £112m

Royal Mail on Monday said it had exchanged contracts to sell the last three remaining plots on its Nine Elms Park site to London Square for £111.2m. Profits from the sale would be used in line with Royal Mail’s capital allocation policy, with around £35m to be reinvested into the …

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Royal Mail sees higher H1 profit as revenues rise 8%

Royal Mail said it expected a rise in first half profits despite rising costs as the pandemic-driven boom in parcel delivery from online shopping continued to drive revenue growth. The letter and parcel carrier said revenues climbed 8.2% to £5.1bn in the five months to August. It added that it …

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MediaZest winning new business at ‘encouraging’ rate

Audio-visual creative company MediaZest updated the market on new business wins on Tuesday, reporting that it had continued to secure new project work since its last update on 11 February at “an encouraging rate”. The AIM-traded firm, which was holding its annual general meeting, said more than £0.25m of confirmed …

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Conroy Gold reports positive results from Ireland zinc sampling

Ireland and Finland-focussed exploration and development company Conroy Gold announced results from an infill zinc-in-soil sampling programme on the northern Aughnagurgan section of the 20 square kilometre zinc zone it discovered in the Longford-Down Massif in Ireland on Tuesday. The AIM-traded firm said 23 of the 65 samples collected recorded …

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Sabien Technology establishes US subsidiary

Heating, cooling and transportation technology company Sabien has incorporated a wholly-owned United States subsidiary Sabien, Inc in the state of Delaware, it announced on Wednesday. The AIM-traded firm said US investor and technology company operator Danny Mills was appointed as president and Richard Parris as chairman and company secretary of …

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Bonhill has $1.1m US paycheck loan forgiven

Bonhill Group updated the market on its US Paycheck Protection Program (PPP) loan on Tuesday, having received the $1.1m loan on 29 May. The AIM-traded business information, events and data company said the loan was made to protect US jobs and, provided it used it for employee retention, payroll and …

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Surface Transforms flags solid 2020 despite pandemic

Carbon fibre brake disc manufacturer Surface Transforms updated the market on its trading for the year ended 31 December on Tuesday, reporting that revenue for the year rose to £2m from £1.9m. The AIM-traded firm said cash at the end of the year stood at £1.1m, up from £0.8m, and …

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Polymetal puts $0.5m into new joint venture

Polymetal announced an initial investment of $0.5m in exchange for a 35% stake in a joint venture with a junior on Tuesday, holding an exploration license for the Pekinskaya area of Russia’s Taimyr Peninsula, which adjoins the existing Taimyr joint venture. The FTSE 100 company said it may acquire up …

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