TRADING UPDATES: Seed Innovations loss widens; Atome launches supply

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(Alliance News) – The following is a round-up of updates by London-listed corporations, issued on Monday and never individually reported by Alliance News:

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EnSilica PLC – Oxfordshire, England-based semiconductor designer and provider with design centres in India and Brazil – Secures two new contracts from unnamed, present clients primarily based in mainland Europe which have a mixed complete of USD3.6 million. “We are delighted to have secured an additional two contracts from present clients, which has enabled our crew to take full benefit of our just lately acquired Flow IP capabilities. Pleasingly, these new design flows will allow us to ship each high-quality and extremely aggressive advanced chips to our clients. With the worldwide demand for brand spanking new chip growth robust, EnSilica stays ideally positioned to proceed to take full benefit of those market alternatives,” Chief Executive Officer Ian Lankshear feedback.

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Totally PLC – Derby, England primarily based supplier of healthcare, company health and wellbeing companies – Secures new contract, value as much as roughly GBP66 million, with the NHS South East London Integrated Care Board for the availability of two pressing therapy centres in Bromley, South East London. “Our pressing therapy centres goal to forestall avoidable A&E attendances by making certain that sufferers are handled in probably the most applicable setting, in response to their medical and wellbeing wants. This signifies that NHS emergency service employees can concentrate on treating these with extra critical situations,” CEO Wendy Lawrence says.

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Kromek Group PLC – Sedgefield, England-based detection expertise provider – Wins two contracts with a mixed value of GBP1.5 million for the availability of its D3M and D3S-based nuclear safety merchandise for European authorities end-users. “We are delighted to have been awarded these contracts to provide our D3M machine, D3S-based static node and networking capabilities. As governments rethink how they will greatest present for the protection and safety of their individuals within the face of present geopolitical rigidity, demand for our nuclear radiation detection expertise continues to be robust. These orders, which have been secured by way of our new companions, additional validate the energy of our supply. We stay up for delivering these contracts and I’m assured that we are going to proceed to see additional development in our CBRN segments,” CEO Arnab Basu says.

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Goldplat PLC – South Africa and Ghana-focused mining companies firm – Secures a non-dilutive financing of USD3 million by way of a pre-paid gold buy settlement. Explains that this follows the securing of an preliminary USD10.5 million conditional non-dilutive financing. “This second non-dilutive financing additional strengthens Caracal’s money place bringing the whole raised within the final two weeks to USD13.5 million. Attracting these two new high-calibre companions, OCIM and Philoro, is testomony to the huge potential Caracal gives because it focuses on turning into a +50,000oz each year producer with +3moz in sources,” CEO Robbie McCrae feedback.

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Gaming Realms PLC – London-based developer and licensor of mobile-focused gaming content material – Pays GBP3.4 million in money to JPJ Group Holdings Ltd in receipt of GBP3.5 million secured convertible mortgage notes dated December 14, 2017, which has now been repaid in full. Says its monetary place stays robust with money generative and the web money place as at December 31 anticipated to be round GBP3 million.

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Hamak Gold Ltd – British Virgin Islands-based gold exploration agency centered on Liberia – Says that it acquired extraordinarily constructive outcomes from the primary drill gap on the Ziatoyah prospect on its Nimba allow in Liberia. Says the drilling confirms that the depth extension of floor mineralization beforehand reported of 14.0 meters at 1.98 grams per ton of gold. “These preliminary drilling outcomes, from our first gold discovery made on the Nimba licence, are extraordinarily encouraging and point out a doubtlessly mineable width and grade at Ziatoyah. They level to a major mineralised system with geological similarities to the close by deposits at the moment being mined at Endeavour Mining’s Ity Mine in neighbouring Cote d’Ivoire, solely c.25 kilometres to the north-east of Ziatoyah,” Executive Director Karl Smithson feedback.

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Castelnau Group Ltd – closed-ended funding agency – Says that Castelnau has agreed to offer the corporate with an unsecured mortgage facility of round GBP1.5 million. Plans to make use of the mortgage for common working capital necessities. Adds that the mortgage is repayable on the primary anniversary of the drawdown with a yearly rate of interest of 15% accruing every day.

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Argo Blockchain PLC – London-based blockchain expertise firm – Requests that the UK Financial Conduct Authority restore the itemizing of its extraordinary shares and that’s anticipated to occur as quickly as practicable. Confirms that it’s in “superior negotiations” with a 3rd get together to promote sure belongings and have interaction in an gear financing transaction. Believes this may strengthen its steadiness sheet and enhance its liquidity.

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Atome Energy PLC – Leeds, England-based producer and marketer of inexperienced hydrogen and ammonia – Plans a retail supply by way of PrimaryBid at a problem worth of 106.2 pence per retail share. This represents a ten% low cost to the closing mid-market worth on December 9. Plans to make use of the funds to offer itself with additional funding to expedite its development together with the Villeta mission, in addition to common working capital functions.

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Clean Power Hydrogen PLC – a Doncaster, England-based inexperienced hydrogen expertise agency – Subscribes for 1.4 million new extraordinary shares in Atome Energy PL’s retail supply at a worth of 106.2 pence per share for a complete funding of GBP1.5 million. Says that the funding accelerates each Atome’s and CPH2’s roll out of inexperienced hydrogen electrolysers throughout South America and is an illustration of CPH2’s dedication to Atome’s Mobility Division. “Today’s announcement marks an extension of our ongoing collaboration with Atome for using CPH2’s electrolyser items in Atome’s worldwide hydrogen and ammonia initiatives. The firm’s funding in Atome is predicted to speed up Atome’s plans for the business manufacturing of hydrogen in Paraguay using CPH2’s MFE220 electrolyser and due to this fact speed up the roll-out of our electrolysers throughout South America,” CEO Jon Duffy feedback.

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Cineworld Group PLC – London-based cinema operator – Says that its Israeli distribution subsidiary Forum Film Ltd agreed with the Israeli Anti-Trust Authority that it was in breach of the phrases of a merger settlement from 2010 and that Cineworld CEO Mooky Greidinger was not directly accountable for failing to forestall such breach. As a consequence, the Israeli court docket fines Forum Film round GBP150,000 and has fined Mooky Greidinger personally round GBP23,000 and given him a 6-month suspended jail sentence. Expects that this judgment will no unfavourable influence on the continued operations of Forum Film, Cineworld, or Mooky Greidinger’s place as CEO of Cineworld.

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Seed Innovations Ltd – Guernsey primarily based wellness and life sciences firm – Records a web lack of GBP3.9 million within the six months to September 30, widened from GBP1.1 million, as the online unrealised loss on revaluation of monetary belongings at honest worth swings to GBP3.5 million from a revenue of GBP762,000. Interest earnings falls to GBP41,000 versus GBP45,000.

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By Abby Amoakuh, Alliance News reporter

Comments and inquiries to newsroom@alliancenews.com

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