Movers of Tuesday 15 June 2021
shares see light relief gaining 2.49% to 126.4p
Shares in the company saw some light relief today after shedding value following yesterday’s latest announcement that the easing of Covid-19 restrictions in England will be postponed for four weeks without new financial support from the UK government.
Speculation from the UK government over whether or not there will be a delay for the lifting of all Covid restrictions had already caused hospitality stocks to lose value this month.
The Restaurant Group, which owns the restaurant chain Wagamama, reported back in May 2021 that it had seen a “very encouraging” recovery in sales after trading had resumed.
shares soared 32.93% to 5.45p after it secures 'multi-million dollar' contract
The Group, which supplies managed services and technology-based security solutions, announced that it has been awarded a long-term managed services contract to provide security services to 5 airports in the Democratic Republic of the Congo in Central Africa.
Westminster said its services division has secured this latest ‘multi-million USD per annum’ managed services contract after many months of negotiation and delays due to COVID-19.
The company outlined to investors that the managed services contract is for an initial period of 20 years, with a 5-year renewal thereafter and will provide comprehensive ground security operations, initially at 4 international airports and 1 national airport in the DRC.
shares jumped 14.58% to 2.75p following 'excellent' set of final results
Distil, which owns the premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, Blavod Black Vodka, Trøve Botanical Spirit, Jago's Cream Liqueur and Diva Vodka, announced the appointment of Michael Keiller as an independent Non-executive Director.
The Group said Keiller, who has held senior finance and business change roles at Guinness, United Distillers Europe and Diageo, will become a Non-Executive Director from 1 July 2021.
On Monday, Distil hailed its final results for the year ended 31 March 2021 as a period of ‘significant growth’. The company closed the year having grown its combined business above that of spirits market growth with revenues increasing by 48% year on year.
shares rose 13.39% to 0.318p as feasibility study is accepted
Last week, Kodal received formal correspondence from the Direction Nationale de la Geologie et des Mines ("DNGM") in Bamako providing notification of acceptance of the Feasibility Study for the Mining Licence application at the Bougouni Lithium Project in Mali.
Kodal, which has received the request to pay the application fee for the delivery of the Mining Licence, will pay the £0.135m application fee ‘promptly to continue to advance the application process and maintain communication with the DNGM to monitor progress.’
Bernard Aylward, CEO of Kodal highlighted that the request to pay the fee is a very positive development and brings the group “significantly closer to a fully permitted project."
shares fell by 3.92% to 395.7p as travel stocks take hit
The multinational travel and tourism company is one of several stocks to suffer this week following the UK Government’s announcement on Monday which confirmed a four-week delay to the lifting of all COVID-19 associated restrictions in England beyond 21 June 2021.
According to the Guardian, travel and leisure stocks were hit by the news that the legal limits on social gatherings, and on live events and nightclubs, won’t end next week.
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