Movers of Thursday 17 June 2021

See Today's Market Movers featuring Trainline, Midatech Pharma, Cambria Africa, I3 Energy and Dr Martens

I3 Energy aims for maiden dividend payout next month 

I3 Energy, the independent oil and gas firm with assets and operations in the UK and Canada, said its maiden dividend could be paid by July should the cancellation of its share premium account, which is to be confirmed by the end of this month, prove successful.

Open Orphan aiming to deliver full year profitability in 2021.

In its results for the year to 31 December 2020 Open Orphan described the period as “an important year of transition” following the group’s acquisition of hVIVO in January 2020. Despite booking a loss of £10.8m in FY20 (FY19: loss of £5.7m), the group made an operating profit in 4Q20 and stated that it is aiming to deliver full year profitability in 2021.

Toople delivers increase in gross profits and gross margin 

In its half-year results for the six months ended 31 March 2021 Toople, which provides telecom services to UK SMEs, hailed its progress as gross profit and gross margin both increased, respectively, while the group also reported ‘a substantial improvement’ at the EBITDA level. The company added that trading has ‘progressed well’ in the months since March 2021 with Toople having won a string of new contracts and contract extensions. 

Movers of Wednesday 16 June 2021

See Today's Market Movers featuring Network International Holdings, Mercantile Ports & Logistics, Great Western Mining Corp, Zephyr Energy and Hammerson

Westminster Group secures second long-term contract win in Africa in a week

Westminster Group, which supplies managed services and technology-based security solutions worldwide, said it has been awarded a long-term managed service contract to exclusively provide port screening services at Monrovia Freeport in Liberia, West Africa.  Today’s news follows yesterday’s announcement that the group had secured a multi-million USD per annum managed services contract. CEO of Westminster Peter Fowler said that for the company to have secured two such contracts in two days “is most encouraging."

Creo Medical Group’s MicroBlate™ Fine demonstrates success in pancreatic cancer patient

Creo Medical Group, the medical device company which is focused on the emerging field of surgical endoscopy, has reported positive results from the first in-human use of its 510(k) US FDA cleared tissue ablation device, MicroBlate™ Fine. The device was successfully used for the first in-human, minimally invasive, Endoscopic Ultrasound (EUS) guided, treatment in a patient with an unresectable pancreatic neuroendocrine tumour. 

Zephyr Energy expects ‘significant activity’ across US assets in the coming weeks

In an operational update on its assets in the United States, Zephyr Energy (ZPHR), the Rocky Mountain-focused oil and gas company, highlighted that “significant activity” is expected across the company’s asset portfolio in the coming weeks. In particular, it expects to see progress at its non-operated assets in the Williston Basin in North Dakota as well as at the company’s flagship project in the Paradox Basin in Utah (the ''Paradox project").

Movers of Tuesday 15 June 2021

See Today's Market Movers featuring The Restaurant Group, Westminster Group, Distil, Kodal Minerals and TUI.

SigmaRoc signs JV agreement with major French construction firm

SigmaRoc, the buy-and-build construction materials group has signed a JV agreement with Calais-based high grade limestone and construction materials company, Carrières du Boulonnais, with the aim of expanding GduH, its Benelux production and distribution subsidiary, into a Benelux and Northern France wide supplier of limestone products.