Shares in e-commerce payment services provider Mobility One (LON: MBO) have risen a further 60.5% to 3.05p. This follows conditional approval to carry on Islamic digital banking in Labuan in Malaysia. The business will be called MBO Bank (Labuan). No revenues are expected in 2026. Potential partners and investors will be explored.
Video games publisher and developer Frontier Developments (LON: FDEV) has appointed Johanna Cooke as chief executive. The share price gained 6.94% to 473.75p.
Energy storage technology provider Invinity Energy Systems (LON: IES) has announced four agreements in the past seven working days, including two to supply 20MWh of vanadium flow battery system to a Hungarian client. The cost of production o the equipment continues to be reduced. The 2025 revenues should be £17m and there is an order book also worth £17m, although the timing of £9m o this is uncommitted. The share price is 6.67% higher at 20p.
Electronic payments services provider Boku (LON: BOKU) has launched a buyback of 5% of its share capital. Up to four million shares will be acquired up until the end of April 2026. The share price increased 5.95% to 222.5p.
Shuka Minerals (LON: SKA) has still not received the final tranche of the promised cash injection by Gathoni Muchai Investments to pay the cash consideration for the acquisition of Leopard Exploration and Mining, owner of the Katwe zinc mine in Zambia. The rest could be received next week and date for completion of the acquisition has been extended. The share price rose 5.56% to 4.75p.
Jubilee Metals Group (LON: JLP) has completed the sale of its South African chrome and PGM operations and the second payment of $10m is expected in the next few days. The focus is copper in Zambia. The share price improved 5.88% to 3.6p.
FALLERS
Tap Global Group (LON: TAP) increased revenues 31% to £3.48m and received £420,000 relating to recovery of historical referable bonuses paid in Bitcoin. The goodwill write down was reduced from £15.9m to £4.7m, which meant that the overall loss was reduced from £18.2m to £5.7m. There is £1.29m of goodwill left in the balance sheet. The cash outflow from operations was £184,000. The digital finance hub operator is focused on scaling up its business. Finance director Steven Borg is stepping down and being replaced by Andrew Milmine. The share price dived 19.2% to 1.9p.
Quantum Helium (LON: QHE) executive director Andrew Scott bought 45 million shares at 0.04p each. The share price dipped 5.48% to 0.0345p.
Galantas Gold (LON: GAL) has completed the acquisition of RDL Mining owner of the Indiana gold copper mine in Chile and closed a placing raising $14.9m at $0.08/unit (one share and one warrant exercisable at C$0.12). The updated mineral resource estimate shows inferred gold of 355,516 ounces and 64,690t of copper. Ocean Partners has been issued 7.81 million shares to satisfy a debt of $625,000. The share price declined 7.14% to 6.5p.
Ex-dividends
James Latham (LON: LTHM) is paying an interim dividend of 8.1p/share and the share price is unchanged at 980p.
One Health Group (LON: OHGR) is paying an interim dividend of 2.1p/share and the share price declined 4p to 252p.
Tavistock Investments (LON: TAVI) is paying a final dividend of 0.1p/share and the share price is unchanged at 4.15p.
Tribal Group (LON: TRB) is paying a dividend of 1.5p/share and the share price improved 0.25p to 67.5p.