Proactive news headlines: Tavistock Investments, DiscoverIE, Brickability, Emmerson …
Sensyne Health PLC (LON:SENS) shares gained 6.39% as it inked an exclusive licence and development agreement with Excalibur Healthcare Services, for the use of its MagnifEye system for use with Excalibur’s proprietary lateral flow rapid COVID-19 diagnostic tests. Excalibur’s antigen test has out-performed other competing tests in recent trials with its speed, sensitivity and reliability. The test is approved by the UK regulator for mass population screening in symptomatic and asymptomatic people.
discoverIE Group Plc (LON:DSCV) told investors that trading continued to strengthen in the four months ended January 31 2020. The electric components company, in a statement, highlighted that its trading performance for the twelve months to March 31 is expected to land at the upper end of market expectations. Order intake is described as strong, up 10% organically over the pre-pandemic levels. It also marks a significant improvement compared to the first half of the financial year.
Brickability Group PLC (LON:BRCK) said it has “continued its strong recovery” following its interim results to September 30 and that the market for its products “continues to improve”. In a brief trading update, the construction materials group said lockdown measures that have been in place since November have had “little material effect on trading” and it had maintained “rigorous cost control while continuing to make acquisitions and other strategic investments”.
Esken Limited (LON:ESKN) said its chief executive officer (CEO) Warwick Brady has accepted an offer to become CEO of Swissport, the aviation services business. Company chairman David Shearer will assume executive duties on an interim basis.
Iconic Labs PLC (LON:ICON) said it has appointed Stephen Birrell as an independent non-executive director (NED). Birrell currently serves as a NED of Ascent Resources PLC (LON:AST) and Ossian Energy Ltd as well as a background in geoscience. The company said Birell will also bring “broad experience of corporate governance, project management, stakeholder relations, joint venture management and business development”.
Panthera Resources PLC (LON:PAT) has returned exceptionally high-grade gold in soil anomalies from the recently completed sampling programme at its Bido project in Burkina Faso, West Africa. “The survey results are excellent and confirm that this area has the potential for high-grade mineralisation,” said managing director Mark Bolton. “The next stage of work will involve infilling gold in soil sampling of some of the better anomalies, detailed geological mapping and rock chip sampling, and possibly some trenching and geophysics. Subject to these results, we anticipate a drilling programme mid-2021.”
Emmerson PLC (LON:EML) has received a mining licence for its 100% owned Khemisset potash project in Morocco. The licence provides the company with the exclusive right to develop and mine the potash deposit in the Khemisset basin, ahead of the anticipated initiation of construction by the end of 2021.
Symphony Environmental Technologies PLC (LON:SYM) has reported revenue increases across all of its main product areas in its 2020 financial year. In a trading update for the year to December 31, the plastics specialist reported that revenues increased by 19% to GBP9.8mln, with a further GBP0.7mln not recognised during the year due to a shipment missing the company’s year-end cut-off due to shipment congestion in the Far East.
Avation PLC (LSE:AVAP) has reached an agreement with bondholders for an extension to its 6.5% senior notes. The aircraft leasing firm’s notes had been due to mature in May but have now been extended for more than five years, until October 2026. In a statement, the company said debt deal will assist it to continue successfully navigating the coronavirus (COVID-19) pandemic. In a separate statement, Avation said it will be holding a general meeting at 9.00am GMT on March 5, 2021, at 65 Kampong Bahru Road, Singapore 169370, in connection with the maturity extension transaction relating to the Avation Capital S.A. 6.5% senior notes due May 2021.
Tavistock Investments PLC (LON:TAVI) said it is in “strong position to accelerate growth” after it told investors it expects to report underlying earnings (EBITDA) “significantly ahead” of last year for the 12 months ended March 31.
Great Western Mining Corporation PLC (LON:GWMO), a company exploring and developing multiple early-stage gold, silver and copper targets in Nevada, said it has received a notice of exercise of warrants over 31,250,000 new ordinary shares of EUR0.0001 each in the share capital of the company at a price of 0.16p each, which were granted in conjunction with its placing on November 13, 2019. The company added that it will receive gross proceeds amounting to GBP50,000 from the issuance.
Condor Gold PLC (LON:CNR) (TSX:COG) said that following the receipt of notices of exercise, the remaining warrants issued by the company as part of a private placement in February 2019 have now been exercised. Accordingly, the company is issuing 92,083 new ordinary shares with a nominal value of 20p each in the capital of the company at a subscription price of 31p each and has received gross proceeds of GBP28,546. The placement warrants have been exercised in full, at various stages over the last 24 months, raising in total GBP1,130,207 for the company,
Benchmark Holdings PLC (LON: BMK), the aquaculture health, advanced nutrition, and genetics business, said it will announce its Q1 results, for the period ended December 31, 2020, on Monday February 22, 2021. It added that Trond Williksen, the group’s chief executive officer and Septima Maguire, its chief financial officer will host a webcast for retail investors and wealth managers at 12.00pm GMT on the day. The webcast is open to all existing and potential shareholders. Questions can be submitted during the presentation to be addressed at the end. To register for the presentation, visit: https://zoom.us/webinar/register/9516038965610/WN_DPuJTbmDTbihSCLBZ5DUKw. A recording of the presentation will be available after the event at www.equitydevelopment.co.uk.
Zephyr Energy PLC (LON:ZPHR), the Rocky Mountain oil and gas company focused on responsible resource development, announced that its chief executive officer, Colin Harrington, will be presenting at the Proactive Investors One2One virtual investor forum on Thursday, February 11, 2021, at 6.00pm GMT followed by a Q&A session. To register for the event please use the following link: https://event.webinarjam.com/register/903/1nnlvtpg4