Cyber security provider Corero Network Security (LON: CNS) has returned to growth in the first half. Interim revenues were one-fifth higher at $10.6m. Annual recurring revenues grew 13% to $15.3m. This has helped to claw back some of the share price slump this year and it rose 12% to 7p.
Drug developer Scancell (LON: SCLP) has extended the exercise period for 3.85 million options held by chief executive Lindy Durrant from 30 July 2023 to 30 July 2026. The exercise price is still 4.5p/share. The share price improved 7.23% to 11.125p.
UK Oil & Gas (LON: UKOG) says production is restarting at Avington with a workover of the field’s best performing well – it accounts for 81% of oil produced at Avington. The share price is 6.36% ahead at 0.0585p. Star Energy (LON: STAR), formerly iGas, is the operator of the field, where UK Oil & Gas has a 5% non-operated interest, and the shares rose 5.31% to 11.9p.
Trinity Exploration & Production (LON: TRIN) says initial analysis of the deep Jacobin well is positive, with at least three well developed, oil-bearing sand intervals in the Lower Cruse target. Additional net hydrocarbon pay has been identified in shallower secondary targets. The well is being sidetracked and that will be done over the next fortnight. The share price increased 2.76% to 74.5p.
Fiinu (LON: BANK) shares continue to decline on the back of news that it cannot raise the cash it requires to apply for a UK banking licence to enable it to offer its overdraft product. The share price fell a further 26.4% to 1.95p.
Refurbished technology supplier musicMagpie (LON: MMAG) reported a reduction in interim revenues from £61.9m to £71.3m with books and media making a lower percentage of the total. Rental business is growing and helping to improve gross margin. The loss increased to £3.18m, partly due to higher exceptional charges and amortisation. Net debt rose to £13.6m because of investment in rental assets, which will generate £4m over 18 months. That investment will continue. There is a £30m debt facility. The fourth quarter is important for the full year outcome. The share price dipped 17.3% to 15.5p.
Loan notes of Prospex Energy (LON: PXEN) totalling £268,000 have been converted into shares at 4.25p each. The share price dropped 16.1% 5.75p.
Battery technology developer Ilika (LON: IKA) appears near to signing a production deal with US-based Cirtec, which could be producing the Stereax battery by the end of the year. There are already orders from medical devices developers for this battery. Limited production is underway from the UK pilot plant, but large volumes will not be produced yet. Cash of £15.9m should cover requirements over the next two years. The share price declined 12.7% to 31p.
Ex-dividends
Anpario (LON: ANP) is paying a final dividend of 7.35p a share and the share price is 7.5p lower at 217.5p.
Character Group (LON: CCT) is paying an interim dividend of 8p a share and the share price dipped 6p to 295p.
Caledonia Mining Corp (LON: CMCL) is paying a dividend of 14 cents a share and the share price is unchanged at 975p.
Heavitree Brewery (LON: HVT) is paying a dividend of 2p a share and the share price is unchanged at 290p.
Ingenta (LON: ING) is paying a final dividend of 2.25p a share and the share price is unchanged at 107.5p.
Kitwave (LON: KITW) is paying an interim dividend of 3.75p a share and the share price rose 4.5p to 306.5p.
Marks Electrical (LON: MRK) is paying a final dividend of 0.66p a share and the share price is unchanged at 93.5p.
Sanderson Design Group (LON: SDG) is paying a final dividend of 2.75p a share and the share price rose 1p to 107p.
Shoe Zone (LON: SHOE) is paying an interim dividend of 2.5p a share and the share price is unchanged at 252.5p. The Mission Group (LON: TMG) is paying a final dividend of 1.67p a share and the share price fell 0.5p to 46p.
