Polarean Imaging PLC - FY24 trading update
Polarean Imaging plc reported FY24 unaudited revenue between $3.0 million and $3.1 million, exceeding guidance. The company expanded to 22 Xenon MRI platform customers and signed its first international distribution agreement with Taiwan's Sumtage. With a solid cash position of $12.1 million, Polarean is poised for further growth in 2025.
Rolls-Royce Holdings - Full Year Results 2024
Rolls-Royce reports strong 2024 financial results with an upgraded mid-term guidance, announcing a £1bn share buyback for 2025. The company achieved an underlying operating profit of £2.5bn and free cash flow of £2.4bn, driven by strategic transformation and cost efficiency. Mid-term targets include up to £3.9bn operating profit by 2028.
Firering Strategic - First Quicklime Production at Limeco, Zambia
Firering Strategic Minerals plc has announced the commencement of quicklime production at its Limeco Project in Zambia, marking a significant milestone. The first operational kiln has started production, with an optimization phase underway aiming for a steady-state output of 80-100 tonnes per day, supporting the Central African Copperbelt's growing demand.
Ocado Group PLC - Final Results
Ocado Group plc has released its preliminary results for the year ending 1 December 2024. These results are available online, with an investor presentation scheduled for 9.30 am on 27 February 2025. Details can be accessed through various online platforms including the Ocado corporate website and the London Stock Exchange portal.
Fusion Antibodies - Contract win
Fusion Antibodies plc, a specialist in antibody discovery and engineering, has secured a new stable Cell Line Development project with a US-based biotech client. Set to commence shortly, the project is expected to conclude within nine months, generating approximately $250,000 by 2025’s end, bolstering financial projections for the year ending March 2026.
Mila Resources Plc - Yarrol Project Update
Mila Resources Plc announces the completion of geophysics studies at the Yarrol Project, revealing valuable insights into mineralised features along the Yarrol Fault. A fully funded, targeted drilling campaign is planned for Q2 2025, aiming to extend known gold resources and explore new targets, leveraging recent geological insights.
Tertiary Minerals - Brunton Pass Project – Drilling Results
Tertiary Minerals plc announces promising results from its Phase 1 drilling at the Brunton Pass Copper-Gold Project in Nevada. All four drill holes showed significant copper intervals linked to sulphide mineralisation. The findings reinforce Tertiary's hypothesis of a potential porphyry copper deposit, supporting further deeper exploration.
Mindflair PLC - Retinize secures £1.6 million investment
Mindflair plc announces that its portfolio company, Retinize, has completed a £1.6 million funding round. This investment, backed by QUBIS and Innovation Ulster, will support Retinize's development of immersive technology for the creative industries. Additional backing came from Sure Valley Ventures, Techstart Ventures, Co-Fund NI, and angel investors.
hVIVO PLC - Acquisition of Cryostore for up to £3.2m
hVIVO plc, a leader in human challenge clinical trials, has acquired Cryostore Limited, a specialist provider of temperature-controlled storage solutions for biological materials, for up to £3.2 million. The acquisition broadens hVIVO's client base, enhances its service offering, and is expected to deliver immediate earnings benefits.
Serica Energy PLC - OFAC License renewal
Serica Energy plc has successfully renewed its OFAC License and secondary sanctions assurance for the Rhum field, extending it until 28 February 2027. This renewal allows U.S. and non-U.S. entities to continue supporting the Rhum field operations. The field has continuously benefited from OFAC licensing since 2013, ensuring ongoing compliance and operational support.