

Announcements.

Looking to discover a little more about our client companies?
A selection of news and recent announcements can be found here.
Neville Registrars welcomes Genagro Ltd
Neville Registrars is delighted to welcome Genagro Ltd as the newest addition to its list of client companies. Genagro Ltd is an investor in Brazilian farmland. Further information can be found on the Company's website: http://www.genagro.net/…
Neville Registrars is delighted to welcome Genagro Ltd as the newest addition to its list of client companies.
Genagro Ltd is an investor in Brazilian farmland. Further information can be found on the Company's website: http://www.genagro.net/
ClosePlant Health Care : New Technology Update
RNS Number : 0232Z Plant Health Care PLC 12 December 2017 12 December 2017 Plant Health Care plc (the "Company" or "Plant Health Care") New Technology Update Plant Health Care® (AIM: PHC), a leading provider of novel patent-protected biological products to global agriculture markets, is pleased to provide the following……
RNS Number : 0232Z
Plant Health Care PLC
12 December 2017
12 December 2017
Plant Health Care plc
(the "Company" or "Plant Health Care")
New Technology Update
Plant Health Care® (AIM: PHC), a leading provider of novel patent-protected biological products to global agriculture markets, is pleased to provide the following update in relation to its New Technology business.
Highlights
– A fifth major agricultural/seed company has now signed an agreement to evaluate Innatus™ 3G; all five of the top agricultural/seed corporations are now testing Innatus 3G in the field.
– Four of these companies have now started field trials of Innatus 3G in Brazil for the control of Asian Soybean Rust ("ASR"), a devastating disease of soybeans. Plant Health Care's lead peptide for control of ASR is PHC279; this is now being produced by high yield fermentation at pilot scale.
– Exclusive rights to Innatus 3G for use in South American soybeans are expected to be auctioned in mid 2018, before the start of the 2018/19 growing season.
– The Company has decided to focus its New Technology resources on delivering successful auctions in 2018. Closing a licensing event in 2017 has been de-prioritised to focus on the larger 2018 goals.
Innatus 3G
A fifth major agricultural/seed company has signed an agreement to evaluate Innatus 3G. That means all five of the top agricultural/seed corporations are now investing significant resources on field testing our PREtec platforms.
Recent field trials commissioned by Plant Health Care provide further support for the benefits of Innatus 3G peptides in the control of ASR, a devastating fungal disease of soybeans in Brazil. Farmers spent US$1.7 billion on soybean fungicides in 2016 in Brazil*; in spite of this investment, ASR resistance to fungicides is a major problem. Four partners, which between them represent more than 80% of this fungicide market, are now testing Innatus 3G, with results due in 2Q 2018.
In addition to the partners' trials, the Company is collaborating with EMBRAPA, the highly regarded Brazilian Government agriculture research organisation, to evaluate Innatus 3G. There are good prospects of fast track registration for Innatus 3G, due to its benign biological profile.
To support all of this work in Brazil, the company has established Plant Health Care Insumos Agricolas Ltda, a wholly owned subsidiary.
In parallel, the Company is developing peptide production processes at our laboratories in Seattle. The lead candidate peptide (PHC279) has achieved yield targets at laboratory scale and has moved to pilot-scale fermentation.
Exclusive rights to Innatus 3G for use in South American soybeans are expected to be auctioned in mid 2018, well ahead of the start of the 2018/19 growing season. We are engaging actively with all our major partners to prepare for that auction.
Partners are starting to indicate promising results in 2017 trials with T-Rex 3G and Y-Max 3G. Supporting the large Innatus 3G field programme in Brazil and accelerating the development of a commercial formulation of PHC279 are now the company's top development priorities. Since these priorities require substantial resource, the Company has decided to de-prioritise closing a licensing event in 2017, in order to underpin success with the larger 2018 goals.
Chris Richards, Executive Chairman & Interim CEO, said "It is a great landmark to have all the industry majors signed up to work with Innatus 3G. With the very large resources they can bring to bear, backed up by our own field trials work with EMBRAPA and others, we are confident that the field trials now started will generate the data our partners need to evaluate the platform. If Innatus 3G lives up to its promise of fighting disease resistance, we can be confident of a successful auction of rights to South American soybeans in 2018."
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Enquiries: |
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Plant Health Care plc |
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Dr Chris Richards, Executive Chairman and Interim CEO |
Tel: +44 (0) 18 3788 0083 |
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Liberum Capital – Nomad and Broker |
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Chris Clarke / Clayton Bush / Jonathan Wilkes-Green |
Tel: +44 (0) 20 3100 2000 |
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Company website: www.planthealthcare.com |
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*Source: Phillips McDougall
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseYu Group PLC : Licence granted to supply water market
RNS Number : 8919Y Yu Group PLC 11 December 2017 11 December 2017 RNS Reach Yü Group PLC ("Yü Group" or the "Group") Licence granted to supply water market Yü Group PLC (AIM: YU.), the independent supplier of gas and electricity to the UK corporate sector, announces……
RNS Number : 8919Y
Yu Group PLC
11 December 2017
11 December 2017
RNS Reach
Yü Group PLC
("Yü Group" or the "Group")
Licence granted to supply water market
Yü Group PLC (AIM: YU.), the independent supplier of gas and electricity to the UK corporate sector, announces that it has been granted a licence by regulator Ofwat to enter the retail and commercial water market. The Company intends to supply water services for the business sector only and will trade under the Company's newly formed subsidiary, Yü Water Limited ("Yü Water").
Yü Group decided to launch Yü Water following the de-regulation of the water retail market in April this year, the largest market of its kind in the world. The licence will allow Yü Water to buy wholesale water services and offer these services together with its energy services to develop bespoke packages to suit the individual business needs of its customers.
Commenting on the news, Ofwat senior director Emma Kelso said: "It's good news to see suppliers bring different areas of expertise to the water market – with Yü Water bringing theirs from a background in energy."
Bobby Kalar, Chief Executive of Yü Group, said: "The addition of the water utility services to our product portfolio builds on our experience in the energy market for corporate customers and our ability to deliver these utilities with best-in-class customer service. Our focus remains on our core offering in the provision of energy, however this enables us to offer a bespoke, value-added service to our customers who seek the flexibility of a one-stop-shop for their utility needs. We see long term opportunities for the Company in the water industry."
For further information, please contact:
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Yü Group PLC Bobby Kalar Nick Parker
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+44 (0) 115 975 8258
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Alma PR John Coles Hilary Buchanan Robyn Fisher
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+44 (0) 20 8004 4217 |
Notes to Editors
Information on the Group
Yü Group PLC, trading as Yü Energy, is an independent supplier of gas and electricity focused on servicing larger corporate and SME businesses throughout the UK. It has no involvement in the domestic retail market. The Group was listed on the AIM market of the London Stock Exchange following a successful IPO in March 2016.
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseVerditek PLC : LOI signed with Industrial Climate Solutions Inc.
RNS Number : 6260Y Verditek PLC 07 December 2017 7 December 2017 Verditek PLC ("Verditek" or the "Company") Westec Environmental Solutions signs Letter of Intent with Industrial Climate Solutions Inc. for the commercialisation of its CO2 absorber technology Verditek plc, (AIM: VDTK), the clean technology company,……
RNS Number : 6260Y
Verditek PLC
07 December 2017
7 December 2017
Verditek PLC
("Verditek" or the "Company")
Westec Environmental Solutions signs Letter of Intent with Industrial Climate Solutions Inc. for the commercialisation of its CO2 absorber technology
Verditek plc, (AIM: VDTK), the clean technology company, is pleased to announce that, further to the announcement made on 29 November 2017, its group company Westec Environmental Solutions ("WES") has signed a Letter of Intent ("LOI") with Industrial Climate Solutions Inc. ("ICSI") to develop and enter into a licence agreement for the commercialisation of WES' CO2 absorber technology.
ICSI is a Canadian company focused on the development and commercialisation of industrial process equipment and technologies to address greenhouse gas emissions at an industrial scale. WES will work with ICSI for the commercialisation of its CO2 absorber technology, as well as providing technical support. Initial products will focus on gas/liquid contactors for flue gas scrubbing, CO2 capture, industrial gas processing and air quality applications.
WES' patented absorption technology, which comprises a uniquely developed contactor, offers new solutions that optimise the mass transfer of gas/liquid for industrial emissions/control and for CO2 capture. Currently WES' technology is in the penultimate phase of its optimisation pilot project, carried out in collaboration with SINTEF (Norway's largest research institute for energy and climate technology) and one of Canada's CMC Research Institutes, the Carbon Capture & Conversion Institute (CMCRI CCCI), prior to scale-up to full industrial volumes.
Theo Chapman, CEO of Verditek plc said: "We are delighted to be working with ICSI who bring a wealth of knowledge and experience in helping us bring our technology to market. This commitment reflects the strong progress the team at WES continues to make and validates the significant performance improvements our technology offers compared to conventional technologies. We look forward to finalising the binding agreement with ICSI and updating shareholders in due course."
Enquiries:
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Verditek plc
Geoffrey Nesbitt (Non-Executive Chairman) Theodore Chapman (Chief Executive Officer) |
+44 (0) 20 7129 1110
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Stockdale Securities Limited (NOMAD and Broker) |
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Antonio Bossi Hanan Lee |
+44 (0) 20 7601 6100
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Yellow Jersey PR (PR & IR) Georgia Colkin Harriet Jackson Henry Wilkinson |
+44 (0) 7825 916 715 +44 (0) 7544 275 882 +44 (0) 7951 402 336
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Notes to Editors
Verditek plc
AIM listed Verditek plc is a holding company with three businesses operating within the clean technology sector. The Company has a unique liquid gas absorption technology expected to revolutionise the global CO2 capture industry; two solar manufacturing production lines in San Marino each of 25MWp (total 50MWp) producing what is believed to be an innovative and un-paralleled solar PV building material; and a pioneering filtration deodorisation technology, which is commercially proven and tackles a wide range of odours within air and water at a high efficiency.
For more information please visit or contact the following: https://www.verditek.plc.uk/
Westec Environmental Solutions (WES)
Verditek plc holds a 23.64% stake in WES, with an option to increase it to 51%. The WES Absorber provides powerful new solutions for all applications where gas/liquid absorption or scrubbing occurs.
The WES Absorber froth column is unlike any currently available gas/liquid absorber.
The WES Absorber creates a micro-froth matrix that dramatically intensifies mass transfer. This micro-froth matrix mass transfer provides a remarkable increase in absorption surface area compared to conventional gas/liquid absorbers.
The WES Absorber differs from conventional absorption technology by utilizing co-current absorption, rather than counter current. With this, WES is able to operate at gas velocities far in excess of those tolerated in conventional gas/liquid absorbers, without significant solvent losses through entrainment and flooding. The efficiency of the WES process increases with increasing gas velocity- a characteristic truly unique to WES.
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseADVFN PLC : PlusOneCoin cryptocurrency project
RNS Number : 6285Y ADVFN PLC 07 December 2017 For immediate release 7 December 2017 ADVFN PLC ("ADVFN" or the "Company") PlusOneCoin cryptocurrency project The Board of ADVFN is pleased to announce the first phase of ADVFN's cryptocurrency project which it is developing in conjunction……
RNS Number : 6285Y
ADVFN PLC
07 December 2017
For immediate release
7 December 2017
ADVFN PLC
("ADVFN" or the "Company")
PlusOneCoin cryptocurrency project
The Board of ADVFN is pleased to announce the first phase of ADVFN's cryptocurrency project which it is developing in conjunction with On-Line PLC ("On-line"), following successful testing within the ADVFN community. ADVFN is today able to offer all its customers and members a PlusOneCoin wallet. PlusOneCoin is designed as a social media cryptocurrency which will allow social media users to interact and "up vote" content of other social media.
The addition of the PlusOneCoin wallet to the ADVFN platform allows customers to deposit PlusOneCoin at ADVFN from the relevant blockchain. Customers will then, in due course, be able to exchange PlusOneCoin for social media items and products on the ADVFN site using PlusOneCoin wallet. PlusOneCoin can be transferred in and out of the PlusOneCoin wallet.
The On-line supported PlusOneCoin wallet brings PlusOneCoin onto the ADVFN platform and facilitates and introduces its large mature user base to cryptocurrency, blockchain mining and other aspects of this emergent sector. The wallet also provides ADVFN users with an educational platform to learn about cryptocurrencies, increased functionality on the ADVFN site as well as the potential of new products. For ADVFN, it creates a larger broader audience for it cryptocurrency information platform and presents additional potential revenue and business development prospects. On-line and ADVFN are each bearing their own costs in respect of the PlusOneCoin cryptocurrency cooperation project and there are currently no financial arrangements between the two companies in respect of this project. However, it is anticipated that On-line will in due course charge publishers like ADVFN a license fee for its software which supports the wallet, on terms to be agreed.
Clem Chambers, CEO of ADVFN said:
"PlusOneCoin has been quickly accepted by the ADVFN community during testing. With the integration of a PlusOneCoin wallet we now have a platform to roll out new functionality and products to the user base while giving ourselves, content creators and our users, powerful tools and new channels of monitisation."
Michael Hodges of On-line said:
"We have progressed our road map to create a content monitisation software platform on top of blockchain with the integration of a cryptocurrency wallet for the ADVFN community. Being able to work in an agile manner with a large established community has provided an opportunity to create software solutions. This underscores the potential of this and other projects."
More information on ADVFN can be found at: www.ADVFN.com
For further information please contact:
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ADVFN PLC Clem Chambers, CEO |
+44 (0) 207 070 0909 |
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Beaumont Cornish Limited (Nominated Adviser) |
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Roland Cornish/Felicity Geidt |
+44 (0) 207 628 3396 |
Glossary
"blockchain" is a distributed public digital ledger in which transactions made in PlusOneCoin are recorded chronologically
"cryptocurrency" is a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of any central bank
Further details on PlusOneCoin are publicly available at www.plusonecoin.org
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseCurzon Energy plc : Commencement of Well Operations
RNS Number : 4771Y Curzon Energy PLC 06 December 2017 6 December 2017 Curzon Energy Plc ("Curzon Energy" or the "Company") Commencement of Well Operations Curzon Energy Plc, an energy company pursuing a targeted acquisition strategy of oil and gas appraisal and development assets, is……
RNS Number : 4771Y
Curzon Energy PLC
06 December 2017
6 December 2017
Curzon Energy Plc
("Curzon Energy" or the "Company")
Commencement of Well Operations
Curzon Energy Plc, an energy company pursuing a targeted acquisition strategy of oil and gas appraisal and development assets, is pleased to announce that workover and clean-out operations commenced on 27 November 2017 on well 9-21, the first of five existing wells at its Coos Bay CBM project.
Cleanout operations on well 9-21 have been completed and the rig has moved on to the second well, Well 1-21. Following clean-out operations each well will undergo a series of flow tests in order to establish well deliverability. Aggregate flow results of all five wells will be released at the end of the workover campaign of all five wells, which we expect by early January 2018.
Curzon Energy is Operator and has a 100% working interest in the Coos Bay CBM project, c. 45,000 acres of known Coalbed Methane (CBM) Gas accumulations in Coos Bay, Oregon, with 2C contingent resources of 273.5BCF. The Company is implementing a cost effective staged development plan, targeting first gas from Phase I in Q2 2018. The Phase I work programme consists of the low-cost workover of five existing, and drilling of two new wells.
Stephen Schoepfer, Managing Director of Curzon Energy said:
"We are delighted that operations have commenced and look forward to updating shareholders on our progress in due course."
For further information please contact:
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Curzon Energy PLC |
c/o Camarco |
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Stephen Schoepfer / Thomas Wagenhofer |
+44 20 3757 4980 |
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SP Angel Corporate Finance LLP |
+44 20 3470 0470 |
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Richard Hail |
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Camarco (Financial PR) |
+44 20 3757 4980 |
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Georgia Edmonds / Kimberley Taylor / Monique Perks |
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Notes to Editors:
Curzon Energy was founded in 2016, with the objective of acquiring oil and gas development and production assets initially in the USA. Its first acquisition is 100% of Coos Bay, c. 45,000 acres of known Coalbed Methane (CBM) Gas accumulations in Coos Bay, Oregon with 2C contingent resources of 273.5BCF, where it intends on implementing a cost effective staged development plan to maximise shareholder value, targeting first gas in Q2 2018. Management intends on building on its attractive asset base in the future, utilising its first mover advantage with further selective value accretive acquisitions.
The Company is led by an experienced Board and senior management team who have extensive industry and financial experience. Curzon Energy is listed on the LSE Main Market under the ticker CZN.
About Coalbed Methane (CBM):
Coalbed methane gas (CBM), coal seam gas (CSG), or coal-mine methane (CMM) is a form of natural gas extracted from coal beds. It is an unconventional form of natural gas found in coal seams or coal deposits. CBM is generated during the process of coalification which is the transformation of plant material into coal and is contained in the coal microstructure. Typical recovery entails pumping water out of the coal to allow the gas to escape. Methane is the principal component of natural gas. Coalbed methane can be added to natural gas pipelines without any special treatment. CBM is made up of 95 per cent methane and does not contain sulphur compounds such as hydrogen sulphite.
The United States has the longest history and greatest volumes of CBM production, however other
countries such as Canada, China and Australia have increased production over the last decade.
Competent Person's Statement
The information contained in this announcement has been reviewed and approved by Thomas Wagenhofer, Technical Director of Curzon, who is a petroleum engineer and oil and gas executive with over 20 years' international industry experience. Mr. Wagenhofer holds a MS degree in Petroleum Engineering from the University of Texas at Austin (1995) and a BS degree in Petroleum Engineering from the University of Alaska Fairbanks (1994). He is a registered Professional Engineer with the Texas Board of Professional Engineers (current status inactive) in the State of Texas, USA.
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseLightwaveRF PLC : Apple HomeKit Range in Apple UK stores
RNS Number : 3614Y LightwaveRF PLC 05 December 2017 5 December 2017 LightwaveRF plc (AIM: LWRF) Lightwave Generation 2 Apple HomeKit Range in Apple UK stores LightwaveRF plc ("LightwaveRF" or the "Company"), the leading smart home solutions provider, announces that Apple has commenced the roll out of Lightwave's……
RNS Number : 3614Y
LightwaveRF PLC
05 December 2017
5 December 2017
LightwaveRF plc
(AIM: LWRF)
Lightwave Generation 2 Apple HomeKit Range in Apple UK stores
LightwaveRF plc ("LightwaveRF" or the "Company"), the leading smart home solutions provider, announces that Apple has commenced the roll out of Lightwave's next generation Apple HomeKit certified product range across its UK retail store network.
The Generation 2 product range is on sale in a number of Apple stores, including its key London locations in Regent Street, Westfield and Covent Garden, as well as Manchester, Birmingham and Reading. This follows the Company's announcement on 19 October 2017 that the new Lightwave product range was available on Apple's online store. Apple has now started placing additional orders for the Company's Generation 2 range following stronger than expected sales volumes since launch.
Andrew Pearson, LightwaveRF's CEO, commented:
"Although the Generation 2 range has only been on sale with Apple for a few weeks, the initial feedback and the placing of new orders at this early stage is very encouraging."
For further information:
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LightwaveRF plc Andrew Pearson, CEO Kevin Edwards, CFO
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+44 (0) 121 250 3625 |
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Stockdale Securities Limited Tom Griffiths / Edward Thomas
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+44 (0) 20 7601 6100 |
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Yellow Jersey Charles Goodwin / Abena Affum / Katie Bairsto |
+44 (0) 7747 788 221 |
About LightwaveRF
LightwaveRF plc ("LightwaveRF" or the "Company") pioneered smart home automation with the introduction of the market's first Internet enabled devices in 2008. Today the Company markets a complete smart home system for lighting, heating, power and security.
LightwaveRF offers a cloud platform and an extensive range of retrofitted LightwaveRF designed and manufactured sockets, dimmers, relays, thermostats,
heating, energy, sensing, monitoring and control devices.
These devices are operated by conventional manual control, handheld remote, smartphone and tablet based apps. The LightwaveRF system can also be operated using Google Assistant and Amazon Alexa voice control, is Apple HomeKit compatible and provides users with dashboards to manage their smart home.
We are dedicated to making everyone's lives easier and more fulfilled through world leading smart home technology.
For further information and to sign up for investor news alerts please visit:
www.lightwaverf.com/corporate/
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseEU Supply PLC : Contract Wins
RNS Number : 3398Y EU Supply PLC 05 December 2017 5 December 2017 EU Supply plc ("EU Supply", the "Company" or the "Group") Contract wins Further to its announcement of 5 July 2017, EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce that……
RNS Number : 3398Y
EU Supply PLC
05 December 2017
5 December 2017
EU Supply plc
("EU Supply", the "Company" or the "Group")
Contract wins
Further to its announcement of 5 July 2017, EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce that it expects to generate more revenue from its contract with the Norwegian Government Agency for Financial Management (the "Customer") for the use of its CTMTM platform than originally expected.
Pursuant to the terms of the contract, over 200 other Norwegian state controlled entities/operations are able to use the Company's CTMTM platform via the Customer. To date, approximately 40 such entities have expressed an interest in engaging with the Company for its services. With the firm commitments received to date, the Company now expects additional revenues (over and above those stated in the original announcement) under the contract for integrations and other services of a minimum of £150k to be generated in 2018.
In addition, the Company announces that it has signed contracts with the Danish utility companies, "Energifyn" and "HOFOR", for the delivery of CTMTM as SaaS and related services. The contracts are expected to generate, in aggregate, licence revenues and paid for enhancements of approximately £75k from 2018 to 2021.
FURTHER ENQUIRIES
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A copy of this announcement is available at www.eu-supply.com.
Notes to Editors
EU Supply is the UK holding company of the EU Supply Group, a Sweden-based e-commerce business, which has an established, market-leading, multilingual e-procurement platform for esourcing, e-tendering and contract management, tailored for the highly regulated European public sector market.
Since 2006, the Group has invested heavily in employing specialist programmers to add functionality, legal compliance as required and security features to its Complete Tender Management™ ("CTM™") platform to ensure that the Group is ideally placed to secure new contracts with EU Member States and their Contracting Authorities. The platform is available in 16 different languages.
The Directors believe that the Group's CTM™ platform is one of the easiest to use and most functionally advanced solutions available in the market. The CTM™ platform is used by over 8,000 European public sector bodies in 9 EU/EEC Member States and has National Procurement System status in four Member States (the UK, Ireland, Norway and Lithuania).
The Company's shares were admitted to trading on AIM in November 2013. In August and September 2015, the Company raised a total of £2.061m (before expenses) through a placing of new shares and the issue of first and second tranches of Convertible Loan Notes to institutional and other investors.
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseEU Supply PLC : Contract Wins
RNS Number : 3398Y EU Supply PLC 05 December 2017 5 December 2017 EU Supply plc ("EU Supply", the "Company" or the "Group") Contract wins Further to its announcement of 5 July 2017, EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce that……
RNS Number : 3398Y
EU Supply PLC
05 December 2017
5 December 2017
EU Supply plc
("EU Supply", the "Company" or the "Group")
Contract wins
Further to its announcement of 5 July 2017, EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce that it expects to generate more revenue from its contract with the Norwegian Government Agency for Financial Management (the "Customer") for the use of its CTMTM platform than originally expected.
Pursuant to the terms of the contract, over 200 other Norwegian state controlled entities/operations are able to use the Company's CTMTM platform via the Customer. To date, approximately 40 such entities have expressed an interest in engaging with the Company for its services. With the firm commitments received to date, the Company now expects additional revenues (over and above those stated in the original announcement) under the contract for integrations and other services of a minimum of £150k to be generated in 2018.
In addition, the Company announces that it has signed contracts with the Danish utility companies, "Energifyn" and "HOFOR", for the delivery of CTMTM as SaaS and related services. The contracts are expected to generate, in aggregate, licence revenues and paid for enhancements of approximately £75k from 2018 to 2021.
FURTHER ENQUIRIES
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A copy of this announcement is available at www.eu-supply.com.
Notes to Editors
EU Supply is the UK holding company of the EU Supply Group, a Sweden-based e-commerce business, which has an established, market-leading, multilingual e-procurement platform for esourcing, e-tendering and contract management, tailored for the highly regulated European public sector market.
Since 2006, the Group has invested heavily in employing specialist programmers to add functionality, legal compliance as required and security features to its Complete Tender Management™ ("CTM™") platform to ensure that the Group is ideally placed to secure new contracts with EU Member States and their Contracting Authorities. The platform is available in 16 different languages.
The Directors believe that the Group's CTM™ platform is one of the easiest to use and most functionally advanced solutions available in the market. The CTM™ platform is used by over 8,000 European public sector bodies in 9 EU/EEC Member States and has National Procurement System status in four Member States (the UK, Ireland, Norway and Lithuania).
The Company's shares were admitted to trading on AIM in November 2013. In August and September 2015, the Company raised a total of £2.061m (before expenses) through a placing of new shares and the issue of first and second tranches of Convertible Loan Notes to institutional and other investors.
This information is provided by RNS
The company news service from the London Stock Exchange
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ClosePennant Int. Group : Teaming Agreement
RNS Number : 2522Y Pennant International Group PLC 04 December 2017 FOR IMMEDIATE RELEASE 04 December 2017 PENNANT INTERNATIONAL GROUP PLC (AIM:PEN) Teaming agreement signed with Capewell Aerial Systems LLC Pennant International Group plc ("Pennant" or the "Group"), the……
RNS Number : 2522Y
Pennant International Group PLC
04 December 2017
FOR IMMEDIATE RELEASE 04 December 2017
PENNANT INTERNATIONAL GROUP PLC
(AIM:PEN)
Teaming agreement signed with Capewell Aerial Systems LLC
Pennant International Group plc ("Pennant" or the "Group"), the AIM quoted supplier of integrated training and support solutions, products and services, principally to the defence, rail, aerospace and naval sectors and to Government Departments, is pleased to announce that it has entered into a teaming agreement with Capewell Aerial Systems LLC (a global provider of engineered products for aerial delivery, life support and tactical gear for military, law enforcement and humanitarian agencies worldwide)("Capewell").
Pennant and Capewell have identified a number of opportunities to work together in North America and elsewhere to provide complementary products and services, enhancing end user experience and value, and on 29 November 2017, signed a teaming agreement which provides the framework to develop and implement these opportunities.
David Clements, Pennant Commercial Director, commented: "We are delighted to enter into this teaming arrangement with Capewell, a leader in aerial delivery. We are already working together on an innovative project for customers in North America and elsewhere and look forward to announcing further details in the New Year."
Jared Burns, Capewell Director of Operations, added: "Capewell is excited to be teaming with Pennant to expand on our existing products and services. We are focused on bringing new capabilities to our customers, and this agreement is a major step in that direction."
Enquiries:
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Pennant International Group plc |
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Philip Walker, CEO David Clements, Commercial Director |
+44 (0) 1452 714 881 +44 (0) 1452 714 914 |
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WH Ireland Limited |
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Mike Coe / Ed Allsopp |
+44 (0) 117 945 3470 |
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Walbrook PR (Financial PR) |
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Paul Vann / Tom Cooper |
+44 (0)20 7933 8780 Mob: +44 (0)7768 807631 |
This information is provided by RNS
The company news service from the London Stock Exchange
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Tel: 0121 585 1131
Email: info@nevilleregistrars.co.uk

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