Poolbeg Pharma (LON: POLB) has been granted a patent for POLB 001 by the European Patent Office. This covers the treatment for severe influenza and there are other potentially patentable uses. The share price gained 10.1% to 4.05p.
Rail and transport data software and services provider Tracsis (LON: TRCS) reported full year figures in line with its trading statement. Tracsis remains highly profitable despite uncertainty in the rail sector and is ready to take advantage when there is more certainty of funding. The share price increased 8.53% to 350p.
US focused oil and gas company Zephyr Energy (LON: ZPHR) says there are growing levels of interest in gas from the Paradox Basin in Utah and the process of securing farm in partners continues. Debt refinancing means that borrowings with the existing provider are $22.1m and a further $2m has been lent by another lender at an interest rate of 14%/year and it can convert at 3.75p/share. The share price improved 6.25% to 2.55p.
Eyewear supplier Inspecs (LON: SPEC) says trading improved in October with order books 10% higher than one year ago. US tariff disruption will affect the timing of shipments. Full year revenues of £191m and EBITDA of £17.7m are expected. The share price recovered 4.82% to 74p.
Video games developer Everplay (LON: EVPL) has appointed Mikkel Weider as chief executive. He was the founder of Nordisk Games and has been on the boards of other games companies. The share price has risen 3.67% to 353.5p.
Ampeak Energy (LON: AMP) has received the final £3.5m of the £8.5m loan from Cardiff Capital Region. This will enable the development of the 480MWh AW2 project at the Uskmouth Energy Park, where Ampeak has a 50% stake. The share price is 1.45% higher at 3.5p.
FALLERS
Industrial equipment distributor HC Slingsby (LON: SLNG) is asking for shareholder approval to leave AIM. The shares are illiquid and the cost of being on AIM adds to the company’s loss. There is already support from shareholders owning 73.2% of the shares. HC Slingsby transferred from the Main Market to AIM on 24 May 2005. It has been on the Londo Stock Exchange for many decades. The cancellation could be on 23 December. No matched bargain facility is planned. The share price dived 52% to 60p.
Whisky supplier Artisanal Spirits (LON: ART) has been hit by the US government shutdown, having already been hampered by tariffs. It is taking more than six weeks to gain approval from the US authorities for new product labels. This means that $3.2m of shipments will not clear customs this year. This will reduce EBITDA by £2m. The US strategy is being changed and the contract with the current distributor will end in March 2026. There will be a stock provision of more than $2m. Full year underlying revenues ae expected to be flat, excluding one-offs. The share price declined 19.8% to 32.5p.
Ex-dividends
Caledonia Mining Corp (LON: CMCL) is paying a quarterly dividend of 14 cents/share and the share price is unchanged at 2160p.
Cavendish Financial (LON: CAV) is paying an interim dividend of 0.3p/share and the share price dipped 0.25p to 10p.
Fonix (LON: FNX) is paying a final dividend of 5.9p/share and the share price slipped 4p to 189p.
FRP Advisory Group (LON: FRP) is paying a dividend of 1p/share and the share price improved 1.5p to 144p.
Greencoat Renewables (LON: GRP) is paying a dividend of 1.7 cents/share and the share price fell 1.7 cents to 67.1 cents.
Young & Co’s Brewery A shares (LON: YNGA) is paying a interim dividend of 12.22p/share and the share price fell 9.5p to 748.5p.
Young & Co’s Brewery shares (LON: YNGN) is paying an interim dividend of 12.22p/share and the share price rose 5p to 635p.
Yu Group (LON: YU.) is paying an interim dividend of 22p/share and the share price declined 35p to 1485p.