Plant-based polymers developer Itaconix (LON: ITX) has appointed Paul LeBlanc as a non-executive director. Dr Peter Nieuwenhuizen has been confirmed as chair. Last year, Itaconix had problems with shareholders over the make up of the board. There are two executives and two non-execs on the board. The share price improved 9.09% to 4.8p.
Cleaning services provider React Group (LON: REAT) has won a two-year contract with a high street fast food chain and it should generate revenues of £800,000 in the year to September 2023. It was an existing client of window cleaning business LaddersFree, which was bought last May. The share price rose 7.14% to 1.125p.
Workplace efficiency software company Checkit (LON: CKT) has won new contracts in the US and renewed a contract in the UK. Three US contracts will generate a minimum $1m over three years. The UK contract is worth a further £2.1m over four years. The share price moved up by 4.55% to 23p.
The Angle (LON: AGL) share price has slumped by 31.3% to 33p. Last July, money was raised at 80p. Market conditions have hampered the cancer diagnostics company in securing partnerships and building the commercial use of the Parsortix cancer cells capture technology. Revenues will be just above £1m in 2022 after contract delays, while 2023 revenues will be lower than the £5m previously forecast. The closure of the facility in Canada will cut costs by £2.6m in 2023. Cash was around £32m at the end of 2022 and that should last until the middle of 2024.
Live Company Group (LON: LVCG) has reinstated quarterly updates. Management of the live events company says that Covid still had a negative impact on its events last year. Revenues are slow in developing and cost savings are being made. Non-execs will receive their pay in shares. Short-term liquidity facilities are being explored. An analyst update is planned in the first quarter of 2023. The share price fell 14.8% to 2.6p. Proteome Sciences (LON: PRM) is receiving a £870,000 milestone payment for TMT/TMTpro sales from partner Thermo Scientific. This will be recognised in the 2022 accounts. Even so, the share price fell 4.29% to 3.35p.
Ex-dividends
Cohort (LON: CHRT) is paying an interim dividend of 4.25p a share and the share price declined by 4p to 524p.
i3 Energy (LON: I3E) is paying a dividend of 0.17p a share and the share price dived 0.975p to 21.725p.
Impellam (LON: IPEL) is paying a special dividend of 55.4p a share and the share price dropped 65p to 670p.
Iomart (LON: IOM) is paying an interim dividend of 1.94p a share and the share price rose 0.4p to 123.6p.
Lendinvest (LON: LINV) is paying an interim dividend of 1.3p a share and the share price fell 0.75p to 77.5p.
Smart Metering Systems (LON: SMS) is paying a dividend of 7.56p a share and the share price slipped 0.5p to 794.5p.
