×

RNS Number : 5733X

Altitude Group PLC

13 August 2018

 

ALTITUDE GROUP PLC

 ("Altitude" or the "Company")

 

NAPCO Partnership Update

 

Launch of promotional product platform for the print industry

 

 

Altitude Group plc (AIM: ALT), the global technology provider for the promotional products industry, is pleased to announce, further to the announcement of a two year partnership agreement with the printing, packaging and publishing division ("Printing Impressions") of NAPCO Media ("NAPCO") earlier this year, the launch of Think Promo Now, a white label ChannlPro solution that allows those in the printing industry to supplement their business with promotional products.

 

Think Promo Now will allow Printing Impression subscribers to have access to the $23 billion promotional products industry through a custom order management platform, personalized websites and a specialized client interface.

 

As Printing Impression subscribers start to transact on the platform, Altitude will generate GTR based on a similar revenue model to that used for AiMpro. Think Promo Now will leverage the top U.S. suppliers via Altitude's participating supplier database, in the same fashion, AiMpro users transact on the AiMpro Tech Suite. 

 

Nichole Stella, CEO of Altitude Group plc, said: "Printing Impressions has long been the respected media leader in the commercial print space, and we are very excited to be partnering with such a known and respected organization. The commercial printer has dabbled in the promotional product arena for quite some time. With strong online competitors now offering print and promotional products, we recognized the need to assist and support the commercial print community in delivering a similar experience to their clients. We are proud to be able to offer these long-respected print businesses a full turnkey e-commerce solution with the best promotional product supply partners in the industry.  Along with our robust technology suite, we will offer full support and education to help them every step of the way."

 

Mark J Subers, President of Printing, Packaging and Publishing at NAPCO Media, said: "We believe this platform provides a significant opportunity for our audience, the printers, to quickly get up and running and generating profit by extending their services to include promotional products."

 

 

For further information please contact:       

 

Altitude Group plc Nichole Stella, Chief Executive Officer Graeme Couturier, Chief Financial Officer Peter Hallett, Non-Executive Chairman	+1 (215) 534 1350 07973 683234 07887 987469
finnCap Ltd	020 7220 0500
Jonny Franklin-Adams (Corporate Finance)
Scott Mathieson (Corporate Finance)
Richard Chambers (ECM)

 

 

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.

 

END

 

 

NRAZXLBFVVFLBBV

Close

×

RNS Number : 5352X

Immotion Group PLC

13 August 2018

 

13 August 2018

 

 

 

Immotion Group PLC

("Immotion" or the "Company")

Launch of Delta Zero 

 

Immotion Group Plc ("Immotion Group"), the UK-based immersive virtual reality ("VR") 'Out of Home' entertainment business, is pleased to announce that today sees the launch of its exciting immersive space themed ride "Delta Zero".

 

Delta Zero allows customers to board their own virtual spacecraft and go on a high-speed mission through the universe, battling enemy forces in an attempt to save civilization from the threat of advanced alien technology.

 

Immotion combines cutting edge computer-generated imagery (CGI) graphics in an exclusive VR collaboration with Lunar Animation, along with advanced motion platform technology to deliver a truly immersive experience.

 

This is the first of numerous motion-based VR experiences to be produced by Immotion and will be rolled out across the Immotion estate of motion platforms over the coming weeks. Delta Zero has been beta trialled and has received positive reviews.

 

Martin Higginson, CEO of Immotion Group, said: "We are incredibly excited to launch Delta Zero as the first of our own productions and we are proud that the experience is so thrilling and realistic. The combination of cutting edge graphics and precisely synched motion takes VR to a new level. We are confident that the production will be very well received and we believe Delta Zero will be pivotal in enhancing our reputation as the leading out-of-home VR company. We look forward to increasing our own content as we continue to build the business across the UK, Europe and USA in what is an exciting, fast growing market."

 

James Rodgers, founder and creative director of Lunar Animation, said: "I'm really excited about the launch of Delta Zero on the Immotion platform – people won't have experienced anything like this yet in VR. We've been able to seamlessly combine state-of-the-art visual effects and AAA game engine technology to work harmoniously on the motion platform. This gives the audience an incredible immersive experience that they won't forget. Even if you've done VR before, this will blow your mind."

 

 

 

Enquiries:

Immotion Group	Martin Higginson	Tel: +44 (0) 161 235 8505
WH Ireland Limited (Nomad and Joint Broker)	Adrian Hadden Jessica Cave	Tel: +44 (0) 207 220 1666
Shard Capital Partners LLP (Joint Broker)	Damon Heath Erik Woolgar	Tel: +44 (0) 20 7186 9900
Redleaf Communications (Financial PR)	Elisabeth Cowell Robin Tozer Ian Silvera	Tel: +44 (0) 20 3757 6880 [email protected]

 

About Immotion Group

Immotion Group, co-founded by Martin Higginson and David Marks in 2017, generates revenues through the delivery of high quality "state of the art" VR experiences, combined with cutting edge motion platforms to consumers at an affordable price point through a range of routes:

 

●     Sales – sale of VR Motion Platforms to Leisure and Entertainment operators provide the opportunity for the operator to drive substantial ancillary revenues

 

●     Concession partners – currently installed at Merlin Entertainments' LEGOLAND® Discovery Centre in Boston, USA and Genting Resorts World in Birmingham, with further sites under agreement – this channel provides an opportunity for its partners to earn ancillary revenues, as well as providing an exciting additional attraction to their facilities

 

●     Owned and franchised outlets, trading as Immotion VR, located in high footfall shopping centres – first retail store in Bristol (opened in December) has seen growing revenues, and has enjoyed 100% 5* reviews on TripAdvisor

 

 

 

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.

 

END

 

 

NRAGGUQURUPRURG

Close

×

RNS Number : 5296X

FireAngel Safety Technology Group

13 August 2018

 

 

 

13 August 2018

FireAngel Safety Technology Group plc 

("FireAngel" or "the Company")

 

Launch of FireAngel Connect products

 

FireAngel (AIM: FA.), one of Europe's leading developers and suppliers of home safety products, announces the launch of its extended FireAngel Connect product range.

 

FireAngel Connect uses FireAngel's Wi-Safe 2 wireless interlink technology to connect products across the Company's smoke, heat, carbon monoxide and Wi-Safe 2 device range to a cloud-based system for remote monitoring and instant notifications.

 

Alongside its Wi-Safe 2 network, FireAngel has developed solutions that integrate with leading smart home hubs. By utilising Z-Wave1 and Zigbee2 wireless communication technologies, FireAngel has the potential to connect with other devices and offer additional functionality.

 

The extended range includes a new touch screen smart panel, and a home automation hub that enables continuous monitoring of devices within the property, ensuring timely updates and notifications.

 

The FireAngel touch screen smart panel has been designed specifically to address the needs of housing associations and private landlords. The hub's functionality enables housing associations and landlords to remotely monitor the performance of devices in the property, and provides tenants with the ability to report issues, as well as to receive updates and notifications directly. The FireAngel smart panel will improve tenant-landlord/housing association interaction, streamline maintenance management processes and automate required paper trails.

 

Each of the connected devices have been designed to include the Company's FireAngel Predict™ technology which uses a unique predictive algorithm to monitor data in real time over the internet to identify properties with an increased risk of fire, enabling landlords and housing associations to take action before a potential incident occurs.

 

The FireAngel Connect product range will be available for sale later this year. Further details of the Company's full range of connected products, along with further information on functionality, are available for view on FireAngel's website: http://www.fireangel.co.uk/connect 

 

 

For further information, please contact:

 

FireAngel Safety Technology Group plc	02477 717700
Graham Whitworth, Executive Chairman Neil Smith, Group Chief Executive
Stockdale Securities Limited	020 7601 6100
Tom Griffiths
Vigo Communications Jeremy Garcia / Fiona Henson	020 7390 0238

 

 

Notes to Editors

 

About FireAngel Safety Technology Group plc ("FireAngel")

 

FireAngel's mission is to protect, save and improve our customers' lives by making innovative, leading edge technology simple and accessible.  FireAngel is one of the market leaders in the European home safety products market and launched its own connected homes product proposition at the end of 2016. 

 

FireAngel's principal products are smoke alarms, CO alarms and accessories.  The Company has an extensive portfolio of patented intellectual property in Europe, the US and other selected territories.  Products are sold under FireAngel's leading brands of FireAngel, FireAngel Pro, AngelEye and FireAngel Connect. 

 

For further product information, please visit: www.fireangeltech.com

 

---

1 Z-Wave is a wireless communications protocol used primarily for home automation.

2  https://www.zigbee.org/

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.

 

END

 

 

NRABLGDIRBBBGIG

Close

×

RNS Number : 3055X

Pennant International Group PLC

09 August 2018

 

                                                                                                                                                           

 

FOR IMMEDIATE RELEASE                                                                                                9 August 2018         

                                                   

PENNANT INTERNATIONAL GROUP PLC

 

Provisional 'Down-Selection' on Major Programme

 

 

Pennant International Group plc ("Pennant" or the "Group"), the AIM quoted supplier of integrated training and support solutions, products and services which train and assist engineers in the defence and regulated civilian sectors, is pleased to announce that it has been provisionally selected on a major programme, subject to contract.

 

The contract would involve Pennant designing, building and delivering training equipment to an undisclosed customer. The Group anticipates the contract value to be in the region of £25 million to £30 million, deliverable over 2019, 2020 and 2021. The opportunity remains subject to contract.

 

Assuming terms are agreed with the customer, the Group expects the contract to be formally awarded later this year.

 

This is a separate opportunity to that referred to in Pennant's announcement of 20 March 2018, upon which the Group expects to receive further clarity this quarter.

 

 

 

 

Certain information contained in this announcement would have constituted inside information (as defined by Article 7 of Regulation (EU) No 596/2014) ("MAR") prior to its release as part of this announcement and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

 

 

 

Enquiries:

 

Pennant International Group plc	www.pennantplc.co.uk
Philip Walker, CEO David Clements, Commercial & Risk Director	+44 (0) 1452 714 914
WH Ireland Limited	www.whirelandcb.com
Mike Coe / Ed Allsopp	+44 (0) 117 945 3470
Walbrook PR (Financial PR)	[email protected]
Paul Vann / Tom Cooper	+44 (0)20 7933 8780 Mob: +44 (0)7768 807631

 

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.

 

END

 

 

CNTZKLBBVVFZBBE

Close

×

RNS Number : 1267X

Genedrive PLC

08 August 2018

 

                                                        

 

GENEDRIVE PARTNERS WITH FIND TO EVALUATE A MOLECULAR DIAGNOSTIC KIT FOR HEPATITIS C VIRUS IN DECENTRALISED SETTINGS

·     Evaluation studies of the Genedrive® HCV ID Kit will take place in Cameroon and Georgia

·     Assay designed for use in low-resource settings, delivering results in 90 minutes

 

Manchester, U.K. and Geneva, Switzerland – 8 August 2018 – genedrive plc, a near patient molecular diagnostics company, and the Foundation for Innovation of New Diagnostics (FIND), announced today a study agreement for the performance evaluation of genedrive plc's hepatitis C virus (HCV) Genedrive® HCV ID Kit. The Genedrive® HCV ID Kit is a qualitative HCV diagnostic assay, performed on the company's portable molecular diagnostics platform, Genedrive®. The assay is designed for use in low-resource settings, and delivers results in 90 minutes.

 

Under today's agreement, FIND will lead evaluation studies in Cameroon and Georgia between September 2018 and May 2019. These studies are designed to confirm the diagnostic accuracy of Genedrive® HCV ID across diverse genotypes, as well as to assess usability in the intended market setting. genedrive plc will provide product in-kind to support the study.

 

"We are appreciative of the support of FIND in leading these studies," said David Budd, CEO of genedrive plc. "Positive outcomes should further facilitate our commercialisation activities in these regions, as well as providing important clinical field data that others look to as they decide to implement Genedrive® in their own specific settings."

 

FIND's evaluations of Genedrive® HCV ID Kit will feed into the organization's broader HCV efforts. FIND is the lead partner on a multi-year, multi-country HCV project funded by Unitaid to support the development of simple HCV diagnostic tools for use at the point of care, which can be made widely available to those who need them.

 

"These studies are a perfect fit with our ongoing efforts to improve the options for affordable, easy-to-use HCV diagnostics," said Francesco Marinucci, Head of HCV and HIV at FIND. "We look forward to the results and to ongoing collaboration with genedrive plc."

 

The World Health Organization estimated that 71 million people had chronic HCV infections in 2015. If left untreated, HCV can cause serious, lifelong illness or death due to liver cirrhosis. Levels of HCV co-infection with HIV and tuberculosis (TB) are high, meaning failure to address HCV will affect efforts to control both TB and HIV. The global health sector aims to eliminate viral hepatitis as a public health threat by 2030. Given advances in HCV drug development, treatment options have become easier and more affordable. However, similar progress has not been made in HCV diagnostic development. There is a critical lack of easy-to-use, affordable tools for diagnosis at the point of care – an estimated 80% of people living with HCV are not diagnosed.[1]

 

FIND's contribution to this initiative is supported by Unitaid.

 

About genedrive plc

genedrive plc is a molecular diagnostics company developing and commercialising a low cost, rapid, versatile, simple to use and robust point of need molecular diagnostics platform for the diagnosis of infectious diseases and for use in patient stratification (genotyping), pathogen detection and other indications. The Genedrive® HCV ID Kit has received CE-IVD Certification and has been launched in Africa and Asia Pacific. genedrive has distribution agreements with subsidiaries of Sysmex Corporation for the distribution of the Genedrive® platform in the EMEA and Asia Pacific regions, and with Arkray Pvt Ltd in India. Genedrive® mTB assay is in development. Further details can be found at: www.genedriveplc.com and www.genedrive.com 

 

About FIND

FIND was established in 2003 as a global non-profit dedicated to accelerating the development, evaluation and delivery of high-quality, affordable diagnostic tests for poverty-related diseases, now including malaria, tuberculosis, HIV/AIDS, sleeping sickness, hepatitis C, leishmaniasis, Chagas disease, Buruli ulcer, non-malarial fever and diseases with outbreak potential, such as Ebola. FIND has partnered in the delivery of 20 new diagnostic tools and created an enabling environment for numerous others through the provision of specimen banks, reagent development and better market visibility. FIND also supports better access to new diagnostics through implementation, quality assurance and lab strengthening work. FIND has nearly 200 partners globally, including research institutes and laboratories, health ministries and national disease control programmes, commercial partners, bilateral and multilateral organizations, especially WHO, and clinical trial sites. For further information, please visit www.finddx.org 

 

Media contacts:

 

genedrive plc

David Budd: CEO                                                                                                                                  

Matthew Fowler: CFO

T: +44 (0)161 989 0245

 

Consilium Strategic Communications

Chris Gardner, Matthew Neal, Laura Thornton; Consilium Strategic Communications

T: +44 (0)203 709 5700

[email protected] 

 

FIND

Sarah-Jane Loveday, Head of Communications
T: +41 (0) 22 710 27 88
M: +41 (0) 79 431 62 44
[email protected] 

 

 

 

#  #  #

 

---

[1] WHO global hepatis report 2017, http://apps.who.int/iris/bitstream/10665/255016/1/9789241565455-eng.pdf?ua=1 

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.

 

END

 

 

NRAFKODQDBKBNFK

Close

×

RNS Number : 3597W

Immotion Group PLC

01 August 2018

 

1 August 2018

Immotion Group PLC

New ImmotionVR location

 

Immotion Group Plc ("Immotion Group" or the "Group"), the UK-based immersive virtual reality ("VR") 'Out of Home' entertainment business, is pleased to announce that it has opened a new ImmotionVR location at Xscape Yorkshire, Castleford.

 

The Company now has three ImmotionVR experiences in operation, following the installation of ImmotionVR, Bristol last year and ImmotionVR, Manchester in June. This roll out is in line with the Company's strategy to build its suite of owned and operated sites within shopping centres and family entertainment destinations across the UK.

 

This is one of three revenue streams identified by the company to facilitate its vision to become a leading participant in the 'Out of Home' VR experience market by creating and publishing high quality VR content and combining it with its VR motion platforms to create truly immersive experiences.

 

The family-focused entertainment and leisure attraction, Xscape Yorkshire, welcomed 4.2 million visitors in 2017. Xscape Yorkshire also has an average 4.5 out of 5 rating on consumer website TripAdvisor.

 

Martin Higginson, Executive Chairman of Immotion, said: "We are rapidly delivering on our strategy and are very proud to have delivered our third ImmotionVR centre in just seven months. We are delighted to partner with Xscape Yorkshire, which provides great family entertainment to the people of Yorkshire and beyond. We hope that this latest ImmotionVR site delivers the same fun and great ratings that we have seen in Bristol and Manchester as we continue to build the business across the UK, Europe and USA in what is an exciting, fast growing market."

 

Jason Warren, Xscape Yorkshire General Manager, said: "ImmotionVR has filled the gap for quality virtual reality experiences at Xscape. It's a fantastic addition to our line-up and is sure to be a hit with our customers, both big and small."

 

Enquiries:

Immotion Group	Martin Higginson	Tel: +44 (0) 161 235 8505
WH Ireland Limited (Nomad and Joint Broker)	Adrian Hadden Jessica Cave	Tel: +44 (0) 207 220 1666
Shard Capital Partners LLP (Joint Broker)	Damon Heath Erik Woolgar	Tel: +44 (0) 20 7186 9900
Redleaf Communications (Financial PR)	Elisabeth Cowell Robin Tozer Ian Silvera	Tel: +44 (0) 20 3757 6880 [email protected]

 

Media Contacts for Xscape Yorkshire:

 

PoucherPR

Graham

Tel: 07587 180 005 [email protected]

About Immotion Group

Immotion Group, co-founded by Martin Higginson and David Marks in 2017, generates revenues through the delivery of high quality "state of the art" VR experiences, combined with cutting edge motion platforms to consumers at an affordable price point through a range of routes:

 

·     Sales – sale of VR Motion Platforms to Leisure and Entertainment operators provide the opportunity for the operator to drive substantial ancillary revenues

 

·     Concession partners – currently installed at Merlin Entertainments' LEGOLAND® Discovery Centre in Boston, USA and Genting Resorts World in Birmingham, with further sites under agreement – this channel provides an opportunity for its partners to earn ancillary revenues, as well as providing an exciting additional attraction to their facilities

 

·     Owned and franchised outlets, trading as Immotion VR, located in high footfall shopping centres – first retail store in Bristol (opened in December) has seen growing revenues, and has enjoyed 100% 5* reviews on TripAdvisor

 

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.

 

END

 

 

NRAFKDDDQBKDQON

Close

×

RNS Number : 3902W

Xeros Technology Group plc

01 August 2018

 

RNS Reach

 

1 August 2018

 

Xeros Technology Group plc

 

Major shipment of Xeros' near-waterless commercial washing machines to South Africa's Cape Province

 

Xeros Technology Group plc (AIM: XSG, 'the Group', 'Xeros'), the UK-headquartered technology business and innovator of a near-waterless laundry system, and fanute, a solution provider to the hospitality industry, announce the shipment of 16 near-waterless washing machines to the drought-inflicted Cape Province region of South Africa.   

Cape Town is just one region where drought has led to a permanent change in water consumption being legislated, creating increased demand for Xeros' sustainability credentials in geographic markets that can no longer ignore issues around water scarcity.

 

The innovative solution, supplied through Xeros' commercial laundry division, recently-renamed Hydrofinity, offers a revolutionary leap forward in sustainability, replacing water with its reusable and recyclable polymer XOrbTM technology.

 

XOrbs deliver up to an 80% reduction in water use and material reductions in both energy and detergent, whilst delivering a superior cleaning result compared to traditional cleaning by absorbing stains and stray dye as well as extending linen life.

Xeros' technology will be delivered into the South African market by fanute as the sole distributor for Hydrofinity near-waterless laundry systems in South Africa.

Hydrofinity operates a network of approved distribution partners in markets where significant water stress is creating growing demand for its water-saving technology. This is the first of several large shipments expected to be sent in the next two months to Hydrofinity approved distribution partners in countries with high water stress and high water cost.

 

Mike Ferrand, Managing Director, Hydrofinity, said:

 

"Our near-waterless technology will bring huge sustainability benefits as climate change and a rapidly growing population place enormous stress on South Africa's water resources.

 

"We are now starting to make significant shipments of Xeros machines around the world. As businesses struggle with stringent restrictions on water use, our award-winning solution offers a sustainable alternative with significant competitive advantages.

 

"Around the world, governments and utility companies are beginning to use water pricing and taxes to reflect the need to reduce water consumption and we are ideally placed to help commercial customers minimise their water usage and cost."

 

Enquiries

 

Xeros Technology Group plc Mark Nichols, Chief Executive Officer Paul Denney, Chief Financial Officer	Tel: 0114 321 6328
Instinctif Partners Adrian Duffield / Helen Tarbet / James Gray	Tel: 020 7457 2020

About Xeros

Xeros Technology Group plc is a platform technology company that is reinventing water intensive industrial and commercial processes. Xeros is currently working to radically improve economics and sustainability of manufacturing processes used in garment and fabrics and in their subsequent life cycle of cleaning.

 

Xeros uses its patented reusable and recyclable XOrb technologies to significantly reduce the amount of water used in a number of major applications with the remaining water becoming far more efficient and effective in either affixing or removing molecules from substrates such as fabrics and garments. The result being significant improvements in economic, operational and sustainability outcomes that are unattainable with traditional processes.

 

Xeros is organised in three divisions; Textile Technologies addressing garment finishing and dyeing markets, Tanning Technologies addressing the Leather industry and Cleaning technologies comprising domestic laundry, commercial laundry (recently branded "Hydrofinity") and the cleaning of high performance workwear (branded "Marken").

 

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.

 

END

 

 

NRAWGUGWMUPRGMG

Close

×

RNS Number : 4077V

1PM PLC

23 July 2018

 

 

 

23 July 2018

1pm plc

(the "Group" or the "Company")

 

Successful launch of new "Direct to Consumer" online vehicle finance brokerage

First digital offering in the Group's product range

 

 

1pm plc, the AIM listed alternative finance provider, is pleased to announce the successful establishment of its first digital online product offering for arranging consumer vehicle finance.

 

The Group's wholly owned subsidiary, Car Finance 2U Limited ("CF2U"), which historically has received vehicle finance business referred from motor dealers, will now also be able to receive business direct from consumers through its new web-site, www.carfinance2u.co.uk.

 

The simple, online application process plus search engine optimization and pay-per-click advertising is attracting a substantial level of customer interest. CF2U is also generating leads from other 1pm Group companies, demonstrating the very considerable cross-selling potential of the Group's range of finance products for both SMEs and consumers.

 

CF2U has recruited two highly experienced Relationship Managers, one of whom is from the online car finance broker industry and with industry-standard proposal management software being used and new larger premises, the brokerage is planning for growth.

 

Mark Burgess, Managing Director of CF2U, commented:

 

"Consumers are increasingly sourcing their car finance needs on line, gaining an approval for car finance first and then selecting a vehicle. The car finance process lends itself well to transacting business online and the market is growing rapidly.

 

"Whilst there is strong competition in the direct consumer car finance market, by leveraging the full extent of cross-selling opportunities available to us as part of the 1pm Group and by attracting business from a mix of direct and third party referrals, we plan over time to create a 'direct-to-consumer' department similar in size to our existing dealer referred business, effectively doubling the size of CF2U.

 

"At the same time, we will be able to attract a wider spread of credit customers resulting in a greater utilization of our funding partners, consequently lowering overall business risk."

 

Ian Smith, Group CEO, commented:

 

"This exciting development at CF2U is a significant step towards our strategic objective of enhancing our digital capability, managing risk and profitably expanding our customer base. We are delighted with the commercial progress being made at our most recently-acquired business."

 

 

 

For further information, please contact:
1pm plc
Ian Smith, Chief Executive Officer	01225 474230
James Roberts, Chief Financial Officer	01225 474230
Cenkos (NOMAD)
Max Hartley, Julian Morse (Sales)	0207 397 8900
Walbrook PR	0117 985 8989
Paul Vann	07768 807631
	[email protected]

 

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.

 

END

 

 

NRASESEEEFASEFW

Close

×

RNS Number : 7965U

SpaceandPeople PLC

17 July 2018

 

SpaceandPeople plc

("SpaceandPeople" or the "Group")

Renewal of Contract

SpaceandPeople has renewed its exclusive contract with M&G Real Estate for experiential marketing, mobile promotions kiosks and pop-up retailing opportunities across its wholly-owned portfolio of shopping centres

SpaceandPeople plc (AIM:SAL) is delighted to have extended its exclusive contract to manage the promotional and retail space across M&G Real Estate's wholly-owned portfolio of shopping centres for a further five years.

M&G Real Estate's portfolio of shopping centres includes The Galleries Washington, Cwmbran Centre, The Friary Guildford, Ayr Central, Culver Square Colchester, Fremlin Walk Maidstone, Brunswick Centre Scarborough and Gracechurch Centre Sutton Coldfield.

Matthew Bending, Space and People CEO, said:

"I am delighted that M&G Real Estate, one of our longest standing partners, has chosen to renew its agreement with us for a further five years. We look forward to successfully growing our relationship with them even further during this period."

For further information, contact:

SpaceandPeople Plc	0845 241 8215
Matthew Bending, Gregor Dunlay
Cantor Fitzgerald Europe	020 7894 7000
David Foreman, Will Goode (Corporate Finance)

 

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.

 

END

 

 

NRAZMGMNKVLGRZM

Close

×

RNS Number : 6992U

First Derivatives PLC

16 July 2018

 

16 July 2018

 

First Derivatives plc

("FD" or the "Group")

 

European Energy Market Contract Win

 

FD (AIM:FDP.L, ESM:FDP.I) announces that it has been selected, alongside its partner CGI, to deliver a next-generation electricity information exchange for Fingrid, the transmission system operator for Finland. This significant contract win further demonstrates Kx technology's applicability within utilities, in particular opening up the potential for further wins as transmission system and energy market operators upgrade their systems to cope with more demanding regulation and deliver additional services.

 

Under the deal Kx technology will provide key functionality for the new system, known as Datahub, and will be integrated with CGI's Central Markets System (CMS) to deliver a centralised information exchange for retail markets that stores data from all of Finland's 3.5 million places of electricity consumption. Datahub will simplify, speed up and enhance the efficiency of the data exchange required by the retail electricity market.

 

Within Datahub, Kx for Sensors will provide the meter data management and settlement functions, handling data validation and frequent recalculations of market settlement amounts involving large amounts of time-series data, both historic and real-time. Kx for Sensors will be integrated with the CMS system of CGI, one of the world's largest providers of systems to the utilities markets, including as partner to eight of the ten largest utilities in both Europe and North America.

 

Together, Kx and CGI will provide Fingrid with an advanced system that will transform the capabilities of market participants within the Finnish electricity market. Similar next-generation capabilities will be required by other European transmission and market operators, for example to deliver 15 minute imbalance settlement between electricity suppliers and consumers, an EU requirement by December 2020.

 

Asta Sihvonen-Punkka, CEO of Datahub Oy, a subsidiary of Fingrid, commented: "The energy sector will undergo a major transformation in the coming years. We are heading towards a clean and reliable market-based electricity system. The Datahub will play a very important role in this electricity market transition."

 

Leena-Mari Lähteenmaa, Senior Vice President of CGI Finland, commented: "Fingrid is a forward-thinking transmission systems operator and its Datahub will introduce multiple benefits for the Finnish electricity market. A key component of the delivery of these benefits is the high performance and lower total cost of ownership of Kx, particularly its proven capability to handle data at scale. Together, CGI and Kx's products create a powerful solution in a rapidly evolving market."

 

Brian Conlon, Chief Executive Officer of Kx, commented: "The combination of CGI, with its market-leading CMS system, and Kx for Sensors creates a compelling solution that helped secure this contract with Fingrid in a competitive and rigorous process. We believe other operators in the energy ecosystem will see the advantage that the use of high performance data solutions powered by Kx can bring to transform their operations and look forward to working with them to secure these benefits."

 

 

Enquiries

For further information please contact:

First Derivatives plc Brian Conlon, Chief Executive Officer Graham Ferguson, Chief Financial Officer Ian Mitchell, Head of Investor Relations	+44(0)28 3025 2242 www.firstderivatives.com
Investec Bank plc (Nominated Adviser and Broker) Andrew Pinder Carlton Nelson Sebastian Lawrence	+44 (0)20 7597 5970
Goodbody (ESM Adviser and Broker) Linda Hickey Finbarr Griffin	+353 1 667 0420
FTI Consulting Matt Dixon Dwight Burden Darius Alexander Niamh Fogarty	+44 (0)20 3727 1000

About FD

FD is a global technology provider with 20 years of experience working with some of the world's largest finance, technology, retail, pharma, manufacturing and energy institutions. The Group's Kx technology, incorporating the kdb+ time-series database, is a leader in high-performance, in-memory computing, streaming analytics and operational intelligence. Kx delivers the best possible performance and flexibility for high-volume, data-intensive analytics and applications across multiple industries. FD operates from 14 offices across Europe, North America and Asia Pacific, including its headquarters in Newry, and employs more than 2,300 people worldwide.

 

For further information, please visit www.firstderivatives.com and www.kx.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.

 

END

 

 

CNTFKPDNKBKBOOD

Close