Global Connectivity (LON: GCON) is investing £50,000 in PLUG Group, which is a 4% stake. PLUG is developing opportunities to extract decommissioned copper cables for South American telecoms companies. Livia Meyer has returned 32.5 million shares and paid £50,000 for the other five million shares subscribed for. Executive chairman Dr Keith Harris has paid the £200,000 he owes for shares he acquired. Barry Hersh has still not paid the £375,000 for the 37.5 million shares that he subscribed for. The share price improved 31.8% to 0.725p.
Blue Sky Vision has exercised its option to subscribe for 20 million shares in Valereum (LON: VLRM) at 10p each. The share price increased 22.2% to 27.5p.
Tap Global Group (LON: TAP) has been granted virtual asset service provider registration in Bulgaria. This is a step towards expanding in the EU. The share price moved ahead by 20.8% to 2.9p.
Three directors of Invinity Energy Systems (LON: IES) bought shares at 14.85p/share. Chairman Neil O’Brien bought 135,000 shares, chief executive Jonathan Marren acquired 134,680 shares and finance director Adam Howard purchased 134,333 shares. The share price rose 20.3% to 17.75p.
SulNOx Group (LON: SNOX) reported a rise in interim revenues from £136,000 to £440,000. The loss increased from £870,000 to £1.17m. There was £804,000 in the bank at the end of September 2024. The share price improved 8.7% to 75p.
FALLERS
Coinsilium (LON: COIN) has entered into a strategic collaboration with Otomato Inc, a Web3 technology platform for autonomous agent-based solutions. The idea is to maximise the value of Coinsilium’s digital assets. The initial term is 12 months. The share price dipped 5.26% to 3.6p.
KRI (LON: KR1) had net assets of 100.04p/share at the end of November 2024. Income of £771,347 was generated during the month. There is cash of £624,000. The share price slid 0.74% to 67.5p.