Verditek (LON: VDTK) has signed an exclusive supply agreement to supply solar panels to building and roofing products supplier Lindab Profil AB. They will be sold in the Nordic and eastern European markets. The exclusivity depends on the sale of panels of 850kw in 2023. The share price jumped 25.9% to 0.85p.
Graphite technology developer Versarien (LON: VRS) raised £318,000 at 3p a share on Wednesday to fund commercialisation of products. It is considering the appropriate management structure following the departure of chief executive Neill Ricketts. The share price is continuing to recover and is up 9.31% to 4.3725p.
Technology investor Tekcapital (LON: TEK) says investee company Guident has a growing sales pipeline for its remote monitoring and control software for autonomous vehicles. The first purchase order from the Jacksonville Transportation Authority. The share price is 5% higher at 15.75p.
Circle Property (LON: CRC) has announced a return of capital through a B share issue with a second distribution to follow. The first distribution of 158p a share (£46.2m) will be on 21 March. A second distribution of 58p a share should be made in April. There will be a much smaller distribution when the final disposal is completed. An incentive payment of £620,000 is being paid to each executive. The shares have gone ex-payment today and the share price has fallen 85p to 120p.
Neometals Ltd (LON: NMT) says joint venture Recycling Industries Scandinavia has entered into a formal appraisal stage of diligence by the EIB and it is in discussions with several debt providers. The plan is to construct a facility to process and recover high-grade V2O5 from vanadium-bearing steel making by-product generated by SSAB EMEA AB and SSAB Europe Oy in Scandinavia. The final investment decision is expected in June. The share price is 4.11% lower at 36p.
Yourgene Health (LON: YGEN) finance director Barry Hextall is stepping down and he will be replaced by Peter Charles, who will hold the position until a permanent replacement is chosen. The share price declined by 1.84% to 0.3p.