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RNS Number : 3810O

Pressure Technologies PLC

09 February 2021

 

09 February 2021

 

 

Pressure Technologies plc

 

("Pressure Technologies" or the "Company")

 

Contract Win for Hydrogen Refuelling Stations

 

Pressure Technologies (AIM: PRES), the specialist engineering group, is delighted to announce that its wholly owned subsidiary, Chesterfield Special Cylinders ("CSC"), has secured a contract with Haskel Hydrogen Group (Haskel), part of the Precision and Science Technologies Segment at Ingersoll Rand Inc. (NYSE:IR) for the supply of high-pressure Type 1 steel vessels to be used for hydrogen storage in three new Hydrogen Refuelling Stations ("HRS").

 

This contract, to be delivered through summer 2021, increases the number of HRS projects secured by CSC for Haskel in Europe.  

 

CSC has designed a specialised high-pressure containment solution for Haskel, which is integrated into their new refuelling station design, the Haskel Geno HRS, and configured to enable cost effective inspection and recertification with maximum availability through life using CSC's Integrity Management services.

 

The Haskel Geno HRS utilises state of the art technology and provides an energy efficient turnkey solution for flexible hydrogen supply, including allowing customers to pay with contactless credit cards.

 

The contract will be rolled out by Unipetrol Group and Bonett Group, with Bonett managing the integration of the hydrogen refuelling stations at existing Unipetrol sites throughout the Czech Republic.  Haskel will deliver the hydrogen refuelling stations and work alongside Bonett as they manage the integration.

 

Working together, CSC and Haskel are fully committed to investment and expansion in global refuelling infrastructure for hydrogen-based mobility and are pleased to celebrate this next step in their close working relationship.

 

Commenting, Chris Walters, Chief Executive of Pressure Technologies plc said:

 

"Our recent successful fundraising was built, in part, on our plans to secure new opportunities in the fast-developing hydrogen energy market and we are delighted that the Chesterfield Special Cylinders team will be supporting Haskel with their new hydrogen refuelling station projects.

 

This contract win demonstrates our ability to develop strong and collaborative customer relationships that deliver safe, innovative and cost-effective hydrogen storage solutions in an exciting and growing market."

 

Darran Heath, General Manager at Haskel Global Hydrogen Systems Group said:

 

"We recognise the strong support Chesterfield Special Cylinders has given us over the past two years and are delighted to confirm this additional order that further cements our relationship.  Hydrogen Refuelling Stations are central to our success and capable suppliers like CSC, with a shared vision on how to unlock the hydrogen opportunities, are the key to reliable and innovative supply now and in future.  We look forward to achieving more success together."

 

Enquiries:

 

Pressure Technologies plc
Chris Walters, Chief Executive [email protected]	Tel: 0114 257 3616
Ingersoll Rand Media	Tel: (818) 556-2528
Irma Aguilar
Houston (Financial PR and Investor Relations) Kate Hoare Anushka Mathew Ben Robinson	Tel: +44 (0) 204 529 0549

 

NOTES TO EDITORS

www.pressuretechnologies.com

With its head office in Sheffield, the Pressure Technologies Group was founded on its leading market position as a designer and manufacturer of high-integrity, safety-critical components and systems serving global supply chains in oil and gas, defence, industrial gases and hydrogen energy markets.

The Group has two divisions,  Chesterfield Special Cylinders and  Precision Machined Components.

Chesterfield Special Cylinders (CSC) –   www.chesterfieldcylinders.com    

●Chesterfield Special Cylinders, Sheffield, includes CSC Deutschland GmbH and Chesterfield Special Cylinders Inc.

  Precision Machined Components (PMC) –       www.pt-pmc.com

●Precision Machined Components includes the Al-Met, Roota Engineering, Quadscot, Precision Engineers and Martract brands.

 

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RNS Number : 3853O

Surgical Innovations Group PLC

09 February 2021

 

Surgical Innovations Group plc
("Surgical Innovations", "SI" or the "Company")

 

Launch of the Green Surgery Challenge

Event sponsor to promote the use of sustainable products in surgery

 

Surgical Innovations Group plc (AIM: SUN), the designer, manufacturer and distributor of innovative medical technology for minimally invasive surgery ("MIS"), announces that Elemental Healthcare Limited, a wholly owned SI subsidiary, was a key sponsor at the launch of the Green Surgery Challenge 2021*, which took place last week.

 

This competition , initiated by Elemental Healthcare and developed by the Centre for Sustainable Healthcare ("CSH"), allows UK operating theatres to present innovative ideas to reduce their Carbon Footprint. The national competition has been organised by the CSH, Royal College of Surgeons England, Royal College of Surgeons of Scotland and NIHR Surgical Med Tech Co-op and is endorsed by a number of significant charities and official bodies. 

 

The Green Surgery Challenge 2021 is an opportunity for the UK's surgical community to recognise the value of sustainable healthcare for surgical conditions, share and promote ways of practicing that are less harmful to the environment and the planet and build social sustainability, transforming surgery for the future. The launch event attracted over 400 delegates.

 

The recording can be accessed here: https://youtu.be/Nb2EimC2-0c

 

As announced in November 2020, SI has an ongoing collaboration with the CSH, enabling the Company to validate the environmental messaging for SI's products and demonstrate the quantifiable benefits in cost and environmental savings from a 'greener' operating room, with particular focus on reducing plastic waste in surgery in the UK and globally.

 

Adam Power, SI Group Development Director, commented: "We are pleased to be part of the Green Surgery Challenge launch, bringing sustainability to the forefront of hospital agendas. We are one of the only significant players in the space with our Resposable TM  product portfolio and are passionate to lead and support innovative ideas to reduce public sector waste and emissions, much of which comes from NHS surgical procedures."

 

*More information on the Green Surgery Challenge 2021 can be found here – Green Surgery Challenge | Centre for Sustainable Healthcare

 

For further information please contact:

 

Surgical Innovations Group plc	www sigroupplc com
David Marsh, CEO	Tel: 0113 230 7597
Charmaine Day, Co Sec & GFC
N+1 Singer (Nominated Adviser & Broker)	Tel: 020 7496 3000
Aubrey Powell / Rachel Hayes/ Iqra Amin
Walbrook PR (Financial PR & Investor Relations)	Tel: 020 7933 8780 or [email protected]
Paul McManus / Lianne Cawthorne	Mob: 07980 541 893 / 07584 391 303

 

About Surgical Innovations Group plc

The Group specialises in the design, manufacture, sale and distribution of innovative, high quality medical products, primarily for use in minimally invasive surgery. Our product and business development is guided and supported by a key group of nationally and internationally renowned surgeons across the spectrum of minimally invasive surgical activity.

 

We design and manufacture and source our branded port access systems, surgical instruments and retraction devices which are sold directly in the UK home market through our subsidiary, Elemental Healthcare, and exported widely through a global network of trusted distribution partners. Many of our products in this field are based on a "resposable" concept, in which the products are part re-usable, part disposable, offering a high quality and environmentally responsible solution at a cost that is competitive against fully disposable alternatives.

 

Elemental also has exclusive UK distribution for a select group of specialist products employed in laparoscopy, bariatric and metabolic surgery, hernia repair and breast reconstruction.

 

In addition, we design and develop medical devices for carefully selected OEM partners, and have also collaborated with a major UK industrial partner to provide precision engineering solutions to complex problems outside the medical arena.

 

We aim for our brands to be recognised and respected by healthcare professionals in all major geographical markets in which we operate and provide by development, partnership or acquisition a broad portfolio of cost effective, procedure specific surgical instruments and implantable devices that offer reliable solutions to genuine clinical needs in the operating theatre environment.

 

The Group currently employs approximately 100 people across two sites in the UK.  Product design, engineering and manufacturing are carried out at the SI site in Yorkshire. Commercial activities including marketing, UK distribution and international sales and marketing are based at Elemental Healthcare in Berkshire.

 

Further information

Further details of the Group's businesses are available on the following websites:

www.sigroupplc.com

www.surginno.com  

www.elementalhealthcare.co.uk

To receive regular updates by email, please contact  [email protected] .

 

 

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RNS Number : 9322N

Panoply Holdings PLC (The)

04 February 2021

 

4 February 2021

 

The Panoply Holdings PLC

("The Panoply", or the "Group")

 

Contract wins and update on Foundry4

 

The Panoply Holdings PLC (AIM: TPX), the technology-enabled services group focused on digital transformation, announces it has recently won two separate contracts in partnership with Mastek, a global IT player, worth more than £7m over the life of the contracts (the "Contracts").

 

Contract wins

 

The Contracts, which run for two years and have been awarded by the NHS Business Services Authority, comprise a £6m framework agreement to provide capabilities to support the organisation's digital transformation agenda and a £1.2m contract to be its overseas digital health delivery partner.

 

Update on Foundry4

 

The Group is pleased to announce that Difrent will be integrated into Foundry4 with effect from 1 April 2021 at which time Rachel Murphy, current CEO of Difrent, will become CEO of Foundry4. Rachel brings a wealth of delivery experience from across the public sector and the healthcare market, providing the foundations for further expansion into this target market for the Group.

 

James Herbert, the current CEO of Foundry4, will take on the role of Strategic Partnerships Director, responsible for the Group's relationships with Microsoft, Amazon (AWS) and Google (GCP). Foundry4's relationships with these key technology platforms are critical to its success. Foundry4 recently attained a Microsoft Gold Cloud Platform competency, demonstrating a "best-in-class" ability and commitment to meet Microsoft Corp. customers' evolving needs in today's mobile-first, cloud-first world as well as distinguishing itself within Microsoft's partner ecosystem. Becoming a Microsoft Gold Partner will allow Foundry4 to combine strengths with Microsoft, speeding up deployment and improvement of Microsoft Azure environments.

 

Neal Gandhi, CEO of The Panoply, said:

 

"These contract wins represent a step-change in our reach into healthcare, a key growth sector for the Group. We look forward to working with Mastek to support the NHS BSA with its ongoing digital transformation agenda. 

 

We are also delighted that Difrent, the company whose approach has so impressed to secure these wins, will be joining our Foundry4 brand and that Rachel Murphy will be leading it forward as CEO. With her extensive experience driving digital change, Foundry4 is well placed to strengthen its reputation as a leading provider in digital transformation across the public and private sectors."

 

Rachel Murphy, CEO designate of Foundry4 said:

 

"Even from Difrent's relatively short time as part of the Group, the substantial opportunities available through collaboration and combination among the different businesses is clear.

 

In my role as CEO of Foundry4, I am excited to leverage the varied skills and technical expertise we have in our possession to expand the Group's reach across the markets in which we operate".

 

 

Enquiries:

 

The Panoply Holdings Neal Gandhi (CEO) Oliver Rigby (CFO)   Stifel Nicolaus Europe Limited (Nomad and Joint Broker)	Via Alma PR     +44 (0)207 710 7600
Fred Walsh Alex Price
Dowgate Capital Limited (Joint Broker) James Serjeant David Poutney	+44 (0)203 903 7715
Alma PR (Financial PR) Susie Hudson Josh Royston Harriet Jackson	[email protected] +44 (0)203 405 0205

 

 

 

About The Panoply

 

The Panoply is a technology-enabled services group, built to service clients' digital transformation needs. Founded in 2016, with the aim of identifying and acquiring best-of-breed specialist information technology, design and innovation consulting businesses, the Group collaborates with its clients to deliver the technology outcomes they're looking for at the pace that they expect and demand.

The Group is being increasingly recognised as a leading alternative digital transformation provider to the UK public services sector, with c.70% of its client base representing the public sector and c.30% representing the commercial sector.

More information is available at www.thepanoply.com

 

About Foundry4

 

Foundry4 helps organisations in highly regulated sectors harness technology to solve complex challenges. Its deep technical expertise covers all areas of the digital spectrum, from intelligent automation and user centred design, to high quality product engineering teams and agile coaching.

 

Partnering with enterprise organisations, Foundry4 draw on extensive technology and sector knowledge to help them harness the true value of cloud and data.

 

 

 

 

 

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RNS Number : 6341N

MelodyVR Group PLC

02 February 2021

 

REACH

MelodyVR Group PLC

("MVR" or the "Company")

Napster B2B Contract Renewals and Platform Metrics

MelodyVR Group PLC (AIM:MVR), a leading music company and operator of the MelodyVR and Napster platforms, is pleased to announce key contract renewals with Napster's business to business partners and release metrics for the Napster platform for the year ending 31 December 2020;

· Amendment to the platform services agreement with SONOS, one of the world's leading sound experience brands, covering the expansion of ad-supported SONOS Radio in 14 new territories (UK, Ireland, France, Germany, Italy, The Netherlands, Sweden, Switzerland, Austria, Belgium, Denmark, Norway, Australia, New Zealand). The SONOS Radio service, which is one of more than 100 streaming services available on the SONOS platform,  is now the 3rd most streamed service on SONOS since its launch in April 2020;

 

· Renewal of the technology and platform services agreement with Panasonic Corporation (Japan) to March 2022, providing application development and integration of Napster services with Panasonic's HomeX smart home music services;

 

· Renewal of the digital media services agreement with Telefonica Germany to December 2022, including a 2-year extension of the Napster music service for O2 subscribers and Aldi Talk service subscribers in Germany.

 

These contract renewals are expected to secure revenues of c.$16 million in aggregate over the course of the next 2 years.

 

We are also pleased to report the following engagement metrics for the Napster platform for the year ended 31 December 2020. These metrics demonstrate user engagement with the platform and a basis on which to attract new revenue generating users and B2B contracts.

· 126% increase in total platform users at December 2020, including subscribers from PaaS services, to 5.7 million (December 2019: 2.5 million)

· 15% increase in platform average monthly active users, including subscribers from PaaS services, to 1.2 million (FY19: 1.0 million)

· 10.5 billion total plays (FY19: 10.8 billion) and 306.5 million listening hours (FY19: 328.2 million)

In addition, we are pleased to report further expansion in the catalogue of tracks available on the platform thus strengthening the proposition and the depth of content available to Napster's user base.

· 25% increase in available tracks on the Napster D2C and B2B platform at the year end to 105 million (FY19: 84 million)

· 30% increase in total unique artists available on the platform at the year end to 4.6 million (FY19: 3.5 million)

Anthony Matchett, Group CEO said:

"The continued adoption of music streaming is creating meaningful B2B growth opportunities for Napster's platform-as-a-service business. These latest contract updates follow a very successful 2020 with 130% growth in PaaS revenues from partners like Sonos, Huawei, BMW, Sony, Rakuten and others.

We are pleased by the encouraging growth statistics that the Napster service demonstrated throughout 2020, including a broadening of the Napster music library, that now contains over 105 million tracks. Following MelodyVR's successful acquisition of the Napster/Rhapsody business, we will leverage the existing technologies of both Napster and MelodyVR, alongside the best content and functionality from each business, to create a new music platform during the course of 2021. Napster has seen increases in active users and in-app engagement during the last twelve months, and we believe this strong consumer appetite will continue into 2022 and that the launch of our new product will benefit from consumer's increased appetite for digital entertainment.

For further information please contact; 

MelodyVR Group PLC
Anthony Matchett, Group CEO      [email protected]

Arden Partners plc: 

Nominated Advisor and Broker      Tel: +44 (0) 20 7614 5900

Corporate Finance: Ruari McGirr / Ben Cryer

Corporate Broking: Simon Johnson 

Notes to Editors:

www.melodyvr.com

www.napster.com

About Reach announcements

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RNS Number : 2843N

Intuitive Investments Group plc

29 January 2021

 

Intuitive Investments Group plc

("IIG" or the "Company")

 

Portfolio company BioQ Pharma receives CE mark

EU approval for BioQ's next generation medication dispenser

 

Intuitive Investments Group plc (AIM: IIG), a closed-end investment company focussed on the life sciences sector, announces that its portfolio company, BioQ Pharma Incorporated ("BioQ"), has received CE mark approval for its single-use medication dispenser, the OneDose ReadyfusOR Gen2.

 

The OneDose ReadyfusOR Gen2 is the second generation of BioQ's original OneDose ReadyfusOR infusion system and was developed to further improve patient convenience. The new system is smaller and lighter than the original product. For the full announcement, visit: https://bioqpharma.com/news/article_20210127

 

BioQ is a well-established, commercial-stage, medical device and pharmaceutical company, addressing the infusible drugs market. BioQ's proprietary InveniousTM platform comprises a "connect-and-go" drug-device system combination, which can be utilised to improve the delivery of infusible medicines. The key benefits of the platform include reduced cost and complexity compared to current infusion techniques. Further information on BioQ can be found at the company's website: www.bioqpharma.com .

 

On 21 January 2021, IIG announced its investment of US$1 million by way of unsecured convertible loan notes in BioQ, the Company's second investment from its pipeline of opportunities following its successful IPO in December 2020.

 

 

For further information, please contact:

 

Intuitive Investments Group plc	www.iigplc.com
David Evans	Via Walbrook PR
Strand Hanson Limited – Nominated Adviser	+44 (0)20 7409 3494
James Harris / James Dance / James Bellman
Turner Pope Investments (TPI) Ltd – Broker	+44 (0)20 3657 0050
Ben Turner / James Pope / Andrew Thacker
Walbrook PR Limited – Media & Investor Relations	+44 (0)20 7933 8780 or [email protected]
Paul McManus	+44 (0) 7980 541 893

 

 

About Intuitive Investments Group plc

 

The Company is a newly established investing company, seeking to provide investors with exposure to a portfolio concentrating on fast growing and/or high potential Life Sciences businesses operating predominantly in the UK, continental Europe and the US, utilising the Board's experience and in particular that of the Chairman, David Evans, to seek to generate capital growth over the long term for shareholders.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

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RNS Number : 3778M

Intuitive Investments Group plc

21 January 2021

 

 

Intuitive Investments Group plc

("IIG" or the "Company")

Investment in BioQ Pharma

Intuitive Investments Group plc (AIM:IIG), a closed-end investment company focussed on the life sciences sector, is pleased to announce its investment of US$1 million by way of unsecured convertible loan notes ("CLNs") in BioQ Pharma Incorporated ("BioQ").

BioQ is a well-established, commercial-stage, medical device and pharmaceutical company, addressing the infusible drugs market. BioQ's proprietary InveniousTM platform comprises a "connect-and-go" drug-device system combination, which can be utilised to improve the delivery of infusible medicines.  BioQ's platform includes a bespoke unit-dose delivery solution for infusible drugs, whereby a diluent delivery system and administration line are combined in one self-contained, ready-to-use presentation. The key benefits of the platform include reduced cost and complexity compared to current infusion techniques. Further information on BioQ can be found at the company's website: www.bioqpharma.com .

IIG's investment in BioQ consists of US$1 million of CLNs maturing on 1 November 2021. The terms of the CLN include a coupon of 10% that is accrued and paid on conversion or repayment, warrant coverage, and provisions for conversion into new equity at the time of a qualifying future fundraise (at a 35 per cent. discount to the price of such fundraise) or at maturity.

BioQ is the Company's second investment from its pipeline of opportunities, and follows its successful IPO in December 2020.

David Evans personally invested US$75,000 in Bio Q's Series B funding round in 2009 which is less than an 0.5% interest in the company. Accordingly, David Evans did not vote as a member of the Board of IIG approving the transaction.  

In the nine months ended 30 September 2020, BioQ made a net loss of US$5.9million and, as at 30 September 2020, had net liabilities of approximately US$32 million.

David Evans, Chairman of IIG, said:

"We are hugely impressed by BioQ and what Josh Kriesel and the BioQ team have built in the US and Europe. We strongly believe the adoption by the healthcare providers of BioQ's " Pharmacy in a Box" which is also a "connect-and-go" delivery system will continue to accelerate in the near term. Our investment demonstrates IIG's ability to act quickly and opportunistically when compelling opportunities arise."

 

For further information, please contact:

 

Intuitive Investments Group plc
David Evans	Via Walbrook PR
Strand Hanson Limited – Nominated Adviser	+44 (0) 20 7409 3494
James Harris / James Dance / James Bellman
Turner Pope Investments (TPI) Ltd – Broker	+44 (0) 20 3657 0050
Ben Turner / James Pope / Andrew Thacker
Walbrook PR Limited – Media & Investor Relations	+44 (0)20 7933 8780 or [email protected]
Paul McManus	+44 (0) 7980 541 893

 

 

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.

 

 

About Intuitive Investments Group plc

 

The Company is a newly established investing company, seeking to provide investors with exposure to a portfolio concentrating on fast growing and/or high potential Life Sciences businesses operating predominantly in the UK, continental Europe and the US, utilising the Board's experience and in particular that of the Chairman, David Evans, to seek to generate capital growth over the long term for shareholders.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

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RNS Number : 3738M

Image Scan Holdings PLC

21 January 2021

 

REACH – This is a non-regulatory announcement.

21 January 2021

 

IMAGE SCAN HOLDINGS PLC

("Image Scan" or the "Company")

 

CONTRACT TO SUPPLY PORTABLE X-RAY SYSTEMS TO THE ROYAL AIR FORCE

 

Image Scan (AIM: IGE), specialists in the field of X-ray imaging for the security and industrial inspection markets, announces the award of a contract to supply three portable X-ray scanning systems to the Royal Air Force.

 

The systems to be supplied are the ThreatScan®-LSC, a combination package including a large format ThreatScan®-LS1 panel, a compact ThreatScan®-LS3 panel with back-pack, a tablet PC imaging station and the I-Gen generator. This combination system provides great deployment flexibility for different threat scenarios.

 

The award is the Company's first contract with the RAF.

 

Bill Mawer, Chairman and Chief Executive Officer of Image Scan commented: "I am delighted by this contract award. It provides a key reference with the UK Government that should both help us to achieve further UK sales and support our international marketing campaigns. The ThreatScan®-LSC 'Combi' system is our highest value portable X-ray package, and we look forward to further sales of this configuration."

 

For further information on the Company, please visit:   www.ish.co.uk   and for further information on its products, please visit:   www.3dx-ray.com

 

Enquiries:
Image Scan Holdings plc William Mawer, Chairman and Chief Executive Officer Sarah Atwell King, Finance Director and Company Secretary	Tel: +44 (0) 1509 817 400 [email protected]

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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RNS Number : 2326M

DeepMatter Group PLC

20 January 2021

 

20 January 2021

 

DeepMatter Group plc

("DeepMatter", the "Company" or "the Group")

 

DeepMatter subsidiary signs data licensing agreement with the Life Science business of Merck

DeepMatter Group plc, the AIM-quoted company focusing on digitising chemistry, is pleased to announce that one of its wholly owned subsidiaries has entered into a multi-year, limited-use data licensing agreement with the Life Science business of Merck to provide proprietary chemical structure and reaction data content to Merck's selected application.

Merck, a leading science and technology company, operates across Healthcare, Life Science and Performance Materials.  The terms of the data license agreement have not been disclosed.

 

Mark Warne, CEO of DeepMatter commented : "We are delighted to have entered into this license with Merck, a company dedicated to making research and biotech simpler, faster and safer."

 

 

For more information, please contact:

 

DeepMatter Group plc	T: 0141 548 8156
Mark Warne, Chief Executive Officer
Canaccord Genuity Limited (Nominated Advisor and Broker)	T:  020 7523 8000
Bobbie Hilliam / Angelos Vlatakis
Alma PR	T: 020 3405 0205
Caroline Forde / Harriet Jackson / Kieran Breheny	[email protected]

 

About DeepMatter Group plc  

DeepMatter's long term strategy is to integrate chemistry with technology, thereby enabling a greater use of artificial intelligence and reaching a point where chemicals can be autonomously synthesised through robotics. It has developed and is commercialising data rich platform technologies, including software and laboratory hardware, focused on applications to improve R&D productivity and discovery using Machine Learning / Artificial Intelligence.  

DeepMatter's technologies allow chemistry experiments to be accurately and systematically recorded, coded and entered into a shared data cloud. They are designed to enable chemists to work together effectively; sharing the details of their experiments from anywhere and in real-time, so that work is not needlessly duplicated, time and money wasted, and ultimately so new discoveries may be made faster.  

About Merck

Merck, a leading science and technology company, operates across Healthcare, Life Science and Performance Materials. Around 57,000 employees work to make a positive difference to millions of people's lives every day by creating more joyful and sustainable ways to live. From advancing gene editing technologies and discovering unique ways to treat the most challenging diseases to enabling the intelligence of devices – the company is everywhere. In 2019, Merck generated sales of €16.2 billion in 66 countries.

 

www.merckgroup.com

 

 

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RNS Number : 4343L

Biome Technologies PLC

13 January 2021

 

REACH

13 January 2021

 

Biome Technologies plc

("Biome", the "Group" or the "Company")

Biome successfully completes feasibility phase of biodegradable tree shelter project

 

Biome's Bioplastics division ( www.biomebioplastics.com ) announces the successful completion of its three-month feasibility project to develop and test a new generation of biodegradable tree shelters to be manufactured from the Company's bioplastics.

Tree shelters protect young trees and bushes from predation by animals. They are a well-proven and economic route to limiting losses in the first five years of a tree's life. Traditionally made from oil-based and non-biodegradable plastics, the majority of such shelters are never collected and eventually litter the environment with microplastics.

In the UK, around 45 million trees are planted each year, most of those using non-biodegradable tree shelters for protection, with an estimated 2,500 tons of persistent plastics ending up annually in the natural environment after use. Plans to significantly increase tree planting as part of the UK's drive to mitigate climate change will exacerbate these problems.

The initial feasibility project has allowed the Company to explore the performance of a variety of bioplastic materials in this application and culminated in the manufacture of prototypes at Biome's customer's premises.

The polymers that Biome are using in this project are bio-based and biodegradable. Some are novel and represent some of the results of over six years and £6.5 million of directed investment in research collaboration between Biome and a number of the UK's leading universities. The development of biodegradable tree shelters is the first potential commercial application arising from this collaborative group's endeavours. The polymers used in this particular project are partly based on furandicarboxylic acid (FDCA) monomeric building blocks. More information regarding the processes for the formation of FDCA can be found on the Company's website, https://biomebioplastics.com/industrial-biotechnology/ .

This feasibility project was supported by a funding contract between Biome and the UK Government's agency, Innovate UK, as part of the Sustainable Innovation Fund (SBRI Phase 1). The Company has tendered for a further contract under SBRI Phase 2 with a view to starting large-scale field trials of novel biodegradable tree shelters during 2021.

To provide investors with more details on the scientific approach to this project and its future path to prospective commercialisation, the Company has commissioned a short explanatory video that can be viewed here: https://vimeo.com/494238613 .

 

-Ends-

 

For further information please contact: Biome Technologies plc

Paul Mines, Chief Executive Officer

Donna Simpson-Strange, Company Secretary

[email protected]

Tel: +44 (0) 2380 867 100

www.biometechnologiesplc.com

 

Allenby Capital

David Hart/Alex Brearley (Nominated Adviser)

Kelly Gardiner (Sales and Corporate Broking)

Tel: +44 (0) 20 3328 5656

www.allenbycapital.com

 

About Biome

Biome Technologies plc is an AIM listed, growth-orientated, commercially driven technology group. Our strategy is founded on building market-leading positions based on patented technology and serving international customers in valuable market sectors. We have chosen to do this by developing products in application areas where the value-added pricing can be justified and are not reliant on government legislation. These products are driven by customer requirements and are compatible with existing manufacturing processes. They are market rather than technology-led.

The Group comprises two divisions, Biome Bioplastics Limited and Stanelco RF Technologies Limited.

Biome Bioplastics is a leading developer of highly-functional, bio-based and biodegradable plastics. The company's mission is to produce bioplastics that challenge the dominance of oil-based polymers.

Stanelco RF Technologies designs, builds and services advanced radio frequency (RF) systems. Dielectric and induction heating products are at the core of a product offering that ranges from portable sealing devices to large furnaces for the fibre optics markets.

 

www.biometechnologiesplc.com

www.biomebioplastics.com   and  www.thinkbioplastic.com  

www.stanelcorftechnologies.com

 

About Reach announcements

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RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

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RNS Number : 6830K

Shearwater Group PLC

06 January 2021

 

6 January 2021

 

 

SHEARWATER GROUP PLC

("Shearwater", or the "Group")

 

Contract Win

 Brookcourt Solutions signs five year supply agreement with global retailer

 

Shearwater Group plc, the organisational resilience group, announces that its group company, Brookcourt Solutions Limited ("Brookcourt"), has secured a five-year supply agreement with a global fashion retailer, headquartered in New York.

 

The first contract to be delivered under the supply agreement encompasses the delivery of a secure ID-authenticated printing solution as well as a 12-month maintenance and service contract, for use within ten European countries across 17 sites. The value of the first contract is £860 ,000, of which the majority is expected to be recognised in the current full year. This contract win underpins the Group's current full year forecasts, with the supply agreement having the potential to deliver further revenue opportunities in future years.

 

Brookcourt presented a secure ID-authenticated printing solution that was selected by the client due to its superior technology and enhanced security features, safeguarding important documentation which is never left unattended but can be printed securely when required. This solution ensures that the global retailer is protected by very high security standards, whilst the implementation of the new technology will also result in improved efficiencies and cost savings for the client.

 

Phil Higgins, Group Chief Executive Officer of Shearwater, commented:

"We are pleased to have secured this contract win with a successful global retailer. Our new client appreciates the importance of maintaining vigorous security standards in order to protect its business.

 

The supply agreement demonstrates Brookcourt's ability to leverage its deep understanding of best-in-class technologies in order to deploy robust, effective and cost-efficient solutions for complex businesses such as this which span numerous markets."

 

Enquiries:

 

Shearwater Group plc David Williams Phil Higgins	www.shearwatergroup.com c/o Alma PR
Cenkos Securities plc – NOMAD and Joint Broker Max Hartley / Ben Jeynes – NOMAD Julian Morse / Michael Johnson – Sales	+44 (0) 20 7397 8900
Berenberg – Joint Broker  Matthew Armitt / Mark Whitmore	+44 (0) 20 3207 7800
Alma PR Susie Hudson / Caroline Forde / Harriet Jackson	[email protected]  +44 (0) 20 3405 0205

 

 

About Shearwater Group plc

 

Shearwater Group plc is an award-winning organisational resilience group that provides cybersecurity, advisory and managed security services to help assure and secure businesses in a connected global economy.

 

The Group's comprehensive cybersecurity solutions and services maintain trust between users, assure the protection of information assets and critical infrastructure, and support organisations' operational effectiveness. Its capabilities include identity and access management and data security, cybersecurity solutions and managed security services, and security governance, risk and compliance.

 

The Group is headquartered in the UK, serving customers across the globe who are active in a broad spectrum of industries.

 

Shearwater shares are listed on the London Stock Exchange's AIM under the ticker "SWG".  For more information, please visit www.shearwatergroup.com.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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