|
The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: ---------- Aptamer Group PLC - developer of synthetic binders to the life science industry - Reports it has been commissioned for more work from consumer goods firm Unilever PLC under an existing agreement between the duo. ‘Launched in 2022, this collaborative programme has now progressed to an expanded phase, supported by an additional undisclosed payment from Unilever. The enhanced scope includes comprehensive testing under diverse conditions, with a focus on advanced stability assessments to pave the way for imminent on-person functionality trials. This milestone underscores the growing confidence in Optimer technology’s potential to deliver superior, targeted solutions in personal care,’ Aptamer adds. ---------- Creo Medical Group PLC - Chepstow, Wales-based medical device company - Creo in a trading statement says Core Technology revenue from continuing operations were up 40% on-year in first half of 2025 at £2.2 million. ‘The board is pleased with current trading into the second half of the financial year and believes the company is tracking on plan for 40% to 60% revenue growth for the full year, in-line with prior guidance, with a continued historical H2 weighting,’ Creo adds. ‘The board of Creo remains confident in the outlook for 2025 and expects another year of strong growth in Core Technology, allowing the company to build self-sustaining cashflows and improve outcomes for pre-cancer and cancer patients worldwide.’ ---------- Verici Dx PLC - Cardiff, Wales-based developer of advanced clinical diagnostics for organ transplants - Raises £5.9 million from placing and subscription at 0.5 pence per share. The placing was oversubscribed. Price represents a 43% discount to the stock’s closing price on Friday. The firm will run a separate retail offer to raise up to a further £500,000 before expenses. Proceeds will be used to fund the development and scale up of post-transplant rejection test Tutivia. ---------- Pebble Group PLC - Manchester, England-based provider of products and services to the global promotional products industry - Proposes returning £6.5 million to shareholders through tender offer at 61p per share. The offer has maximum of 10.7 million shares. The price is a 26% premium to its Friday closing price. ---------- Kromek Group PLC - Sedgefield, England-based detection technology supplier - Kromek wins a £1.7 million deal under a UK government framework related to the procurement of radiological nuclear detection equipment and supporting services. ‘We’re proud to win our first contract under the UK government framework for radiological and nuclear detection equipment. As one of the few pre-approved suppliers, we are uniquely positioned to support the Home Office’s mission to strengthen national security and to secure further strategic orders. This contract affirms our leadership in the sector and highlights the significant growth potential unlocked by our selection for this critical framework,’ Kromek Chief Executive Officer Arnab Basu says. ---------- K3 Business Technology Group PLC - Manchester, England-based provider of business-critical software solutions for fashion and apparel brands - Reports offers to purchase 34.1 million shares, 74% of share capital, under tender offer at 85p per share, £29.0 million in total. ---------- Cobra Resources PLC - developing heavy rare earth element discovery at its Boland project in South Australia - Hails ‘favourable’ metallurgical results at Boland asset. ‘Completed diagnostic testing from six bulk samples sourced from recently completed sonic drillholes from across the Boland mineralisation footprint have delivered valuable results supporting high recoveries with low-cost inputs and provided a geometallurgical pathway to characterise ore, enhance exploration targeting, improve resource characterisation and support future mine optimisation,’ Cobra says. ---------- Anglo Asian Mining PLC - Azerbaijan-focused gold, copper and silver miner - Begins commissioning and first production from Demirli copper mine in Azerbaijan. It expects the asset to produce approximately 4,000 tonnes of copper in concentrate during 2025, increasing to 15,000 tonnes per year from 2026. ‘The life of mine will be determined following the future development of the geological and mineral resource model,’ it adds. ---------- Empyrean Energy PLC - oil and gas development firm focused on the Duyung production sharing contract offshore Indonesia - Raises £1 million before costs through a placing of 1.25 billion new shares at 0.08 pence per share. Funds will be used for development costs for the company’s 8.5% interest in the Mako gas field and for general working capital. ‘Empyrean is delighted with the continued support being shown for the Mako project,’ says Chief Executive Officer Tom Kelly. ‘We have taken the prudent step in bolstering our cash position now that the major milestone of a gas sales agreement with PLN Pesero, the Indonesian government owned utility company, has been signed following the earlier directive for Mako gas to be used for domestic supply. Indonesian demand for energy is experiencing strong growth and natural gas is replacing coal for this transition.’ ---------- Tertiary Minerals PLC - mineral development company focused on deposits in the US, Zambia and northern Europe - Begins drilling at Target A1 in Zambia. It is a silver, copper and zinc prospect. It plans a drilling programme of up to 1,500 metres. ---------- Watchstone Group PLC - former insurance software provider originally called Quindell - Proposes reducing share premium account by £1.0 million and returning £850,000 in cash to shareholders at 1.85p per share. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
|
