CAP-XX Limited - Master Distribution Agreement with Waldom
CAP-XX Limited has entered into a Master Distributor Agreement with Waldom Electronics, a leader in electronic component distribution. This partnership will extend CAP-XX's global reach and improve supply chain efficiency for its supercapacitor solutions, leveraging Waldom's extensive network and centralized inventory model to facilitate faster delivery and reduced minimum order quantities for distributors.
Just Group plc - RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024
Just Group plc has exceeded its profit doubling target ahead of schedule, with a 34% increase in underlying operating profit, reaching £504m. Retirement income sales grew by 36%, and the company's capital coverage ratio stands robust at 204%. The firm remains committed to sustainable growth, offering a 20% dividend increase to shareholders.
Tower Resources PLC - Namibia and Cameroon Update
Tower Resources plc has announced its subsidiary will acquire an additional 5% interest in the PEL96 license offshore Namibia. The company is also advancing preparations for drilling the NJOM-3 well on the Thali license, offshore Cameroon, with both projects awaiting final government approvals. The company anticipates completion of agreements soon.
Empyrean Energy PLC - Wilson River-1 Farm in Agreement signed
Empyrean Energy PLC has executed a definitive Farm in Agreement with Chi Oil and Gas Pty Ltd and Condor Energy Services Ltd for the drilling of the Wilson River-1 well. Empyrean will fund part of the drilling, acquiring a 52.8% working interest. Preparations are advanced for drilling in March 2025.
Jersey Oil & Gas PLC - FPSO Update
Jersey Oil & Gas (JOG) reports that Dana Petroleum has ended its agreement with NEO Energy for the Western Isles FPSO purchase. The recommitment to the acquisition by the Buchan joint venture depends on ongoing fiscal and regulatory resolutions and completion of pre-handover works on the vessel. CEO Andrew Benitz highlights the government's responsive approach.
European Metals Hldg - Cinovec Declared Strategic Deposit By Czech Gov
The Cinovec Project by European Metals Holdings Limited has been designated a Strategic Deposit under the Czech Construction Code, easing and accelerating the permitting process. This landmark designation is aimed at advancing mining operations, ensuring rapid resource development, and supporting the European car industry's transition towards greener energy solutions
Sovereign Metals Ltd - Half-year Report
Sovereign Metals Limited's interim financial report highlights significant advancements in the Kasiya Rutile-Graphite Project with a completed Optimised Pre-Feasibility Study indicating Kasiya's potential as a major critical minerals project. The company's strategic partnership with Rio Tinto and positive test results for graphite applications bolster future prospects, despite a net operating loss of $19.5 million for the period.
Urban Logistics REIT - Proposed Internalisation
Urban Logistics REIT PLC proposes internalising its management by acquiring Logistics Asset Management LLP. The deal is expected to reduce annual operating costs by £1.4 million and align management and shareholder interests. The proposed changes include new executive roles and contingent share considerations linked to share price performance, subject to shareholder consultation and approval.
Stelrad Group PLC - Preliminary announcement of final results
In 2024, Stelrad Group plc demonstrated robust financial performance despite a challenging market, with a 17.6% rise in operating profit. Continued operational excellence fueled profit growth amid decreased revenue. Strategic investments positioned the company for future market recovery, while premiumisation and decarbonisation remain key focus areas.