Wizz Air Holdings (WIZZ) shares rose 12.42% to 4,708p after acquiring 15 slots at Gatwick 

Shares in the Jersey-based parent company rose on Tuesday after the airline announced that it had acquired 15 daily slot pairs from Norwegian Air Shuttle at England’s Gatwick Airport.

Wizz Air intends to launch new routes from its Gatwick Airport base to 14 new destinations including Faro, Palma, Larnaca, Catania, Podgorica, Tel Aviv, Chania, Mykonos and Funchal. 

There will also be new routes from Milan, Rome, Vienna, Bari and Naples to Gatwick Airport, with those flights operated by Wizz Air Hungary, it noted. Meanwhile, it said that as a ‘mixture of year-round and seasonal routes,’ these new flights will launch from March 2022 onwards.

t42 IoT Tracking Solutions (TRAC)  shares soared 90.32% to 29.5p following five-year contract

t42 IoT, which provides real-time tracking, security and monitoring solutions for the global container and freight market, announced that it has signed a five-year contract with OpenBox Ventures to sell and distribute some of its tracking solutions and services across the US.

The Company noted that the contract could result in revenue of approximately US$21m in the first three years and a total of US$76 million over the five years of the contract, of which approximately US$29 million is expected to be contributed by recurring SaaS revenues.

It outlined that its new strategy is intended to target the multibillion-dollar global shipping container industry, where the Board sees ‘immense unmet asset tracking needs’, it said.

Blue Star Capital (BLU) shares jumped 22.50% to 0.49p as shares continue to rise 

Shares in the investment company have increased by over 200% in the past three months. 

Last month, its investee firm Guild Esports, of which it holds around 5.95% , confirmed that its shares had started trading on the OTCQB Venture Market. It noted that US investors will now have the opportunity to share in Guild’s growth “as the esports market gains momentum.”

The esports organisation, which is co-owned by David Beckham and last year became the first esport organisation to list on London’s stock exchange, announced that it had filed an application for its shares to be cross-traded publicly on OTCQB back in February 2021. 

The Group said its reason for seeking the listing was to make Guild available to US markets in order to gain access to a broader investor base and enhance its visibility in North America.

Jangada Mines (JAN) shares jumped 15.18% to 6.45p following interim broker appointment

Today, the natural resources company announced the appointment of Strand Hanson as its interim broker, pending the expected appointment of Tavira Securities as permanent broker.