

Announcements.

Looking to discover a little more about our client companies?
A selection of news and recent announcements can be found here.
APC Tech Group PLC : New Time Synchronisation Partnership
RNS Number : 3869X APC Technology Group PLC 24 November 2017 24th November 2017 APC Technology Group PLC ("APC" or the "Group") APC Technology Group expands time synchronisation product range following new partnership signing APC Technology Group PLC (AIM: APC), the design, specification and distributor of……
RNS Number : 3869X
APC Technology Group PLC
24 November 2017
24th November 2017
APC Technology Group PLC
("APC" or the "Group")
APC Technology Group expands time synchronisation
product range following new partnership signing
APC Technology Group PLC (AIM: APC), the design, specification and distributor of specialist technologies and electronic components, has signed an agreement to become the exclusive UK and Ireland distribution partner for Oregano Systems GmbH, the Austrian manufacturer of PTP switches and network interface cards.
The Oregano Systems products complement APC's existing time and frequency synchronisation technologies; enabling their specialist technical team, APC Time, to provide a more complete time stamping solution for customers within high frequency trading, broadcast, telecoms, IT and power sectors.
Established in 2001, Oregano Systems is a provider of proven, ready-to-use network devices to efficiently build an IEEE1588-2008 system. Their range includes network interface cards, single chip nodes, the PTP stack and transparent clocks. All products are compatible with APC's existing Meinberg range of grandmaster clocks and time servers.
Nikolaus Keroe, General Manager of Oregano Systems commented:
"I am excited to be partnering with APC. Through their existing customer base and proactive approach to promoting our products I am confident they can boost our market share in the UK, in line with Oregano's successes in other countries such as USA and Germany. APC's penetration in other vertical markets such as defence, healthcare and rail transport is also attractive to us. By leveraging APC's relationships in these markets Oregano's products can be promoted into the myriad of applications that we service."
More information on the Oregano Systems product range from APC Time can be found on apcplc.com
Enquiries
APC Technology Group PLC +44 (0) 330 313 3220
Richard Hodgson, Chief Executive www.apcplc.com
Michael Thompson, Finance Director
Stockdale Securities Limited (Nominated Adviser and Broker) +44 (0)20 7601 6100
Mark Brown / Antonio Bossi / Edward Thomas
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseOsirium Technologies : Contract win
RNS Number : 2857X Osirium Technologies PLC 23 November 2017 For immediate release 23 November 2017 Osirium Technologies plc ("Osirium" or "Group") Contract win with a leading law firm Osirium Technologies plc (AIM: OSI.L), a UK headquartered cyber-security SaaS provider, is pleased to……
RNS Number : 2857X
Osirium Technologies PLC
23 November 2017
For immediate release
23 November 2017
Osirium Technologies plc
("Osirium" or "Group")
Contract win with a leading law firm
Osirium Technologies plc (AIM: OSI.L), a UK headquartered cyber-security SaaS provider, is pleased to announce that a leading law firm has signed a contract for a minimum of twelve months.
The customer is one of the leading providers of legal and claim-handling services to the UK general insurance sector, with offices in Manchester, Cardiff, Liverpool, London, Sheffield and Southampton.
Under the terms of the contract, Osirium will deliver its full PxM product offering of Privileged Account Management and Privileged Session Management modules and associated consultancy services.
David Guyatt, Chief Executive Officer, commented: "We are delighted to secure this new customer in the legal sector and a further 'land and expand' licensing deployment. Under FCA guidelines, it is good practice to implement 'powerful' administrator passwords and additional controls. They wanted their customers to be supported by robust processes and powerful IT and business intelligence services to deliver high-quality handling. Our PxM technology has enabled them to ensure these security systems are in place."
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For further information:
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Osirium Technologies plc |
Tel: +44 (0) 118 324 2444 |
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David Guyatt, Chief Executive Officer Rupert Hutton, Chief Financial Officer
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Stifel Nicolaus Europe Limited (Nominated Adviser and Broker) |
Tel: +44 (0) 20 7710 7600 |
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Fred Walsh / Neil Shah / Ben Maddison
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Yellow Jersey PR (Financial PR) Sarah Hollins |
Tel: +44 (0) 7764 947137 |
Notes to Editors:
About Osirium
Osirium Technologies plc (AIM: OSI.L), is a UK headquartered cyber-security Software-as-a-Service ("SaaS") provider. Osirium protects critical IT assets, infrastructures and devices by preventing targeted cyber-attacks from directly accessing Privileged Accounts, removing unnecessary access and powers of Privileged Account users, deterring legitimate Privileged Account users from abusing their roles and containing the effects of a breach if one does happen.
Osirium has defined and delivered what the Directors view as the next generation PAM (Privileged Access Management) solution. The team has developed the concept of Virtual Air Gap to separate users from passwords, with Osirium's Privileged Task Management module further strengthening Privileged Account security and delivering impressive return on investment benefits for customers.
Founded in 2008 and with its headquarters in Reading, UK, the Group was admitted to AIM in April 2016. For further information please visit www.osirium.com
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseEU Supply PLC : Contract Win
RNS Number : 0207X EU Supply PLC 21 November 2017 21 November 2017 EU Supply plc ("EU Supply", the "Company" or the "Group") Contract win EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce that it has received its fourth contract (the "Contract")……
RNS Number : 0207X
EU Supply PLC
21 November 2017
21 November 2017
EU Supply plc
("EU Supply", the "Company" or the "Group")
Contract win
EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce that it has received its fourth contract (the "Contract") pursuant to the framework agreement entered into with an existing customer (the "Customer") for additional services to its CTMTM platform which was announced by the Company on 16 June 2017 (the "Agreement").
The Agreement is for 3 years with a further year at the Customer's option and has a total value of up to €3.6m. The Contract comprises customer-paid enhancements and is expected to generate revenues of approximately €675k, bringing the total value of the contracts called-off under the Agreement to date to, in aggregate, approximately €1.9m.
In order to free up capacity to deliver the anticipated increased growth in enhancements and integrations for existing and new customers expected in 2018, the Company will accelerate the delivery of half of the Contract in the remainder of this year. As a result, the Board expects that the Group's revenues for the year ending 31 December 2017 will slightly exceed market expectations while, due to the increased cost of delivering the Contract by using consultants, the Group's operating profit for the year ending 31 December 2017 is expected to be in line with market expectations.
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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CloseGenedrive PLC : genedrive plc awarded Innovate UK grant
RNS Number : 0378X Genedrive PLC 21 November 2017 For release: 21 November 2017 genedrive plc ("genedrive" or the "Company") genedrive plc awarded £600,000 Innovate UK grant Award to support the development of a centrifuge-free plasma separation consumable for its Genedrive® HCV assay genedrive……
RNS Number : 0378X
Genedrive PLC
21 November 2017
For release: 21 November 2017
genedrive plc ("genedrive" or the "Company")
genedrive plc awarded £600,000 Innovate UK grant
Award to support the development of a centrifuge-free plasma separation consumable for its Genedrive® HCV assay
genedrive plc, the near patient molecular diagnostics company, today announces it has now been formally awarded an Innovate UK grant for the development of a disposable centrifuge-free plasma separation consumable device. In its preliminary results issued in October, genedrive confirmed it had been conditionally offered this grant. The device is planned to support the future use of genedrive's HCV ID Kit closer to a point of care setting. genedrive plc and its collaborators, NHS Tayside and the Univeristy of Dundee, will receive circa £600,000 of which genedrive will account for its £484,000 share of the funding as income, matched to costs incurred over the periods to 30 June 2018 and 2019.
David Budd, Chief Executive Officer of genedrive plc said: "This has the opportunity to be a very novel and impactful project and we are delighted that Innovate UK has chosen to support us. This device will aim to improve the applicability of the Genedrive® HCV assay for closer to patient settings and would be a significant step forward in positioning the test for true decentralised diagnostics. Further, the device is anticipated to be independent from the Genedrive® platform, opening the opportunity for other diagnostic instruments that need plasma as a starting point for blood borne viral testing."
Genedrive® HCV ID Kit is performed on the Company's Genedrive® portable molecular diagnostics platform, designed for use at the point of need. The assay uses only a small amount of human plasma (25ul), eliminating the need for a separate RNA viral extraction process, and yields results within 90 minutes. genedrive has distribution agreements with subsidiaries of Sysmex Corporation for the distribution of the Genedrive® platform in the EMEA and Asia Pacific regions.
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For further details please contact:
genedrive plc
David Budd: CEO +44 (0)161 989 0245
Matthew Fowler: CFO
Peel Hunt LLP
James Steel +44 (0)207 418 8900
Oliver Jackson
Consilium Strategic Communications
Chris Gardner +44 (0)203 709 5700
Matthew Neal
Laura Thornton
Notes to Editors
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® platform and MTB/RIF assay has been launched in India and a Genedrive® HCV test has received CE-IVD Certification and has been launched in Africa. genedrive has distribution agreements with subsidiaries of Sysmex Corporation for the distribution of the Genedrive® platform in the EMEA and Asia Pacific regions.
Further details can be found at: www.genedriveplc.com and www.genedrive.com
About Innovate UK
Innovate UK is the UK's innovation agency. It works with people, companies and partner organisations to find and drive the science and technology innovations that will grow the UK economy.
For further information visit www.innovateuk.gov.uk
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseVerditek PLC : Renewal and Extension of Contract with Media One
RNS Number : 9054W Verditek PLC 20 November 2017 20 November 2017 Verditek PLC ("Verditek" or the "Company") Renewal and Extension of Contract with Media One Following Successful Completion of Trial Verditek plc, (AIM: VDTK), the clean technology company, announces that its 51% owned subsidiary, Greenflex……
RNS Number : 9054W
Verditek PLC
20 November 2017
20 November 2017
Verditek PLC
("Verditek" or the "Company")
Renewal and Extension of Contract with Media One Following Successful Completion of Trial
Verditek plc, (AIM: VDTK), the clean technology company, announces that its 51% owned subsidiary, Greenflex Energy Limited ("Greenflex"), an Italian based manufacturing solar photovoltaic ("PV") technology company, has renewed and extended its contract with Media One s.r.l. ("Media One"), one of Italy's largest out of home advertising agencies, following the successful completion of the initial trial contract.
The initial trial contract, which was won in a competitive tender process, saw Greenflex supply and install its solar PV technology at a bus shelter in the province of Rimini, Italy, in September 2017. Following successful completion of the trial, the Company has signed a contract with Media One to extend the supply and installation of its solar PV material to approximately 20 further bus shelters along the Rimini-Riccione bus line in Italy as this new line is completed.
Additionally, Media One has asked Greenflex for a proposal to develop a solution for standalone out of home advertising such as billboards which are currently not lit, enhancing the attractiveness of this communication channel for potential advertisers. The market opportunity within Italy's out of home advertising is significant, with Media One alone operating thousands of advertising billboards across the country.
Verditek's solar PV technology has significant product innovations compared to competing technologies including interconnectivity of individual PV cells, lightness and its unique flexible design integrates the material into the design of the out of home advertising units offering a greater level of security and architectural integrity.
Verditek's CEO, Theo Chapman, said: "We are delighted to have successfully completed this initial trial contract order with Media One, which we believe has demonstrated our solar PV technology as a best in class solution for solar power generation for multiple industries.
"One of the main cost constraints in the rapid roll out of digital advertising boards across Italy is the high cost of connection to grid power. We have now shown that there is an effective low-cost alternative that is clean and green and, most importantly, allows the media owners to install and upgrade their units to 24/7 advertising opportunities without having to wait to be hooked up to the grid."
Media One Sales Director, Mr Marco Stefanelli, stated: "Our objective is to always provide the best platform for our clients – who are some of Italy's leading advertisers – to communicate with their customers. It is so important that their brands and messages appear in first class environments that are sustainable. Greenflex products allow our clients to showcase their brands using the power of the sun. That is a message that resonates with all of them.
"We are very pleased with Greenflex's ability to work with us to create a solution that complements our existing investments in media hardware and software and allows us to turn more of our advertising sites into 24/7 advertising solutions".
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/
Media One s.r.l
Media One s.r.l is a leading Italian out of home advertising agency. The agency specialises in large format outdoor advertising and has numerous partnerships, including with Ferrovie dello Stato Italiane (the government-owned holding company that manages infrastructure and services on the Italian rail network), for whom it exclusively manages all advertising across thousands of stations in the country. Media One also currently manages advertising for the transport network in the Italian province of Rimini. The agency continues to grow and is expanding into other business channels including sponsorship opportunities on the facades of private and public buildings in Italy.
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseEU Supply PLC : Contract Win
RNS Number : 6343W EU Supply PLC 16 November 2017 16 November 2017 EU Supply plc ("EU Supply", the "Company" or the "Group") Contract win EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce that the Norwegian Road Authority ("Nye Veier") has declared……
RNS Number : 6343W
EU Supply PLC
16 November 2017
16 November 2017
EU Supply plc
("EU Supply", the "Company" or the "Group")
Contract win
EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce that the Norwegian Road Authority ("Nye Veier") has declared an intention to award a contract to the Group.
The contract which is for delivery of CTMTM as SaaS and related services is currently expected by the Board to generate licence revenues, paid for enhancements and integrations of up to £150k for delivery between 2018 and 2020. The largest proportion of these revenues, associated with integrations, is expected to be delivered during 2018.
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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CloseClean Invest Africa Plc : First Day of Dealings on NEX
14 November 2017 CLEAN INVEST AFRICA PLC (???CIA??? or the ???Company???) Admission to the NEX Exchange Growth Market Clean Invest Africa Plc, an Investment Vehicle for the purpose of identifying investment opportunities and acquisitions in renewable and clean energy projects/companies or alternative technologies that are used in a socially and……
14 November 2017
CLEAN INVEST AFRICA PLC
(???CIA??? or the ???Company???)
Admission to the NEX Exchange Growth Market
Clean Invest Africa Plc, an Investment Vehicle for the purpose of identifying investment opportunities and acquisitions in renewable and clean energy projects/companies or alternative technologies that are used in a socially and environmentally responsible way that will aid the development of the African continent, with the intention of building a diversified portfolio of assets, is pleased to announce that trading in its Ordinary Shares will commence at 8:00 a.m. today on the NEX Exchange Growth Market (???Admission???), under the ticker CIA and ISIN number GB00BF52QX07.
On Admission, the Company will have net funds of ??512,440 and there will be 156,100,000 Ordinary Shares in issue, which rank pari passu in all respects.
Overview
The Company???s primary strategy is to acquire interests in and to own, assist and manage clean energy companies and projects, including renewable energy projects and projects that create environmental benefits through greenhouse gas emission reductions. Renewable energy can generally be defined as energy (such as electricity, transportation fuels, sources of process heat, etc.) derived from resources that are regenerative or for practical purposes cannot be depleted. Renewable energy technologies may be broadly divided into two categories: (1) production of electricity, from sources such as wind, solar, geothermal, hydro, biomass, or municipal wastes; and (2) production of transportation fuels, such as ethanol and biodiesel. Renewable energy is generally considered to involve relatively less environmental impact than traditional sources of energy. The combustion of renewable fuels typically results in a reduction of greenhouse gases (CO2, methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons and sulphur hexafluoride) produced per unit of energy when compared with traditional sources of energy.
Website: www.cleaninvestafrica.com
Market capitalisation at 1p is ??1,561,000
Samuel Preece, Executive Director of CIA, said: ???The renewable and clean energy requirements in African countries present CIA with an economic opportunity. Increases in the price of fossil fuels have led to a significant improvement in the cost competitiveness of renewable energy versus traditional, non-renewable, sources. We are actively seeking investment opportunities and are pleased to be investing in a space where renewable energy resources may greatly reduce emissions of greenhouse gases.???
Details of Directors
The full names of the Directors of the Company and positions are as follows:
Samuel Toby Preece, Executive Director (aged 41)
Samuel has over 20 years of environmental consulting experience, having completed over 1,500 projects in Europe, Asia, Australia, Middle East, Canada, USA and South America as well as across Africa.
Samuel has overseen the technical evaluation and permitting of alternative energy projects across the UK, Ireland, Europe and Africa. These projects include a wide range of energy technologies including on and offshore wind, solar, tidal, hydroelectric, geothermal, ground source heat pumps, pumped storage, waste to energy, anaerobic biodigestion, and gas to power, in a number of applications.
Samuel spent five years as an in-house technical specialist at an international construction contractor, Laing O???Rourke, working on projects in the technology and energy sectors.
Samuel was previously a director responsible for the UK and Ireland???s environment business line of AECOM, a business that had revenues of approximately US$17.4 billion in the fiscal year to 2016. In this role at AECOM, Sam advised national and multinational clients on the technical feasibility and licencing and permitting of their energy, technology and land asset projects. These projects include energy projects across Africa.
Samuel has access to a network of environmental and energy technical experts located across Africa with local knowledge and technical expertise and currently supports investors and companies looking to grow and seek investment in business and projects in Africa. These currently include renewable energy, green technology projects in southern and sub-Saharan Africa. Sam also advises on Environmental, Social and Governance risks and opportunities for investors, companies and financial institutions including in the energy sector.
Andrew Paul Matharu, Independent Non–Executive Director (aged 48)
Andrew has over 22 years' experience in the oil & gas sector and commenced his career as a Petroleum Engineer with Chevron and Kerr-McGee Oil. Andrew has extensive experience of advising small and mid-cap oil & gas companies in equity capital markets following a variety of corporate finance and institutional equity roles at Cazenove, Bridgewell Securities and Westhouse Securities. His most recent role was in Corporate Development with the Africa-focussed AIM-listed explorer, Tower Resources plc, where he was involved in a number of corporate and asset M&A transactions and capital raisings.
Andrew holds a BEng degree in Chemical Engineering from University of Sheffield, a PhD in Chemical Engineering from the University of Cambridge and is a Chartered Engineer.
Noel Lyons, Non-Executive Director (aged 52)
Noel started his career in the accounting profession and progressed from there to management and director level within various organisations. He has worked for such companies as Amoco/BP, Coca Cola, Kentz Corporation Plc and Oilinvest International, and has worked in diverse locations such as Africa and The Middle East.
Noel has been involved in several listings on AIM and the NEX Exchange Growth Market in both a management and advisory capacity, including as co-founder and, initially, as a non-executive director of Karoo Energy plc. Noel has an MBA and masters in Accounting and Finance.
Directors??? Interests
On Admission the interests of the Directors and their immediate families and, so far as they are aware having made due and careful enquiries, of persons connected with them (all of which are beneficial, unless otherwise stated) (so far as is known to the Directors, or could with reasonable diligence be ascertained by them) (within the meaning of sections 252 to 254 of the UK Companies Act 2006) in the Issued Share Capital are as follows:
| Director | Number of Ordinary Shares on Admission | % of Issued Share Capital |
| Samuel Preece | 1,200,000 | 0.77 |
| Andrew Matharu | 1,200,000 | 0.77 |
| Noel Lyons | 9,800,000 | 6.28 |
Significant Shareholders
In addition to the Directors holdings disclosed above, the Company has been notified or is aware of the following holdings which will, following Admission, represent more than 3 per cent. of the Issued Share Capital or voting rights of the Company:
| Name | Number of Ordinary Shares on Admission | % of Issued Share Capital |
| Ren?? Carayol | 9,800,000 | 6.28 |
| Jim Nominees | 132,500,000 | 84.88 |
The Directors of the Company are responsible for the content of this announcement.
For further information, please contact:
| The Company | ||
| Sam Preece | + 44 (0) 20 3130 0674 | |
| NEX Exchange Corporate Adviser Peterhouse Corporate Finance Limited |
||
| Guy Miller/Mark Anwyl | +44 (0) 20 7469 0936 |
Neville Registrars welcomes Clean Invest Africa Plc
Neville Registrars is delighted to welcome Clean Invest Africa Plc as the newest addition to its list of client companies. Clean Invest Africa is an Investment Vehicle that will focus on acquiring stakes in clean energy companies, remediation / restoration technologies, waste to energy technologies and other clean energy related projects throughout Africa. ……
Neville Registrars is delighted to welcome Clean Invest Africa Plc as the newest addition to its list of client companies.
Clean Invest Africa is an Investment Vehicle that will focus on acquiring stakes in clean energy companies, remediation / restoration technologies, waste to energy technologies and other clean energy related projects throughout Africa.
Further information can be found on the Company's website: https://www.cleaninvestafrica.com/
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Concepta PLC : Sales Order
RNS Number : 2484W Concepta PLC 13 November 2017 13 November 2017 Concepta plc ("Concepta" or the "Company") £600,000 sales order confirmed Concepta plc (AIM: CPT), the pioneering UK healthcare company and developer of a proprietary platform and suite of products targeted at the personalised mobile health market……
RNS Number : 2484W
Concepta PLC
13 November 2017
13 November 2017
Concepta plc
("Concepta" or the "Company")
£600,000 sales order confirmed
Concepta plc (AIM: CPT), the pioneering UK healthcare company and developer of a proprietary platform and suite of products targeted at the personalised mobile health market with a primary focus on women's fertility and specifically unexplained infertility, is pleased to announce that the Company has received formal confirmation of a £600,000 sales order (the "Order") (RMB 5,058,196).
The order for 5,200 of Concepta's myLotus meters was previously announced on 6 November 2017 and has been placed by ShanDong WeiHai HaiChen Pharmaceutical Co. Ltd in China. Revenues from this order will be realised in Q4 2017.
The order has been received from ShanDong WeiHai HaiChen Pharmaceutical Co. Ltd based in WeiHai City, ShanDong Province and covers the territories Beijing, Shanghai, ShanDong Province and Henan Province.
Erik Henau, CEO of Concepta plc said: "I am very pleased to be able to confirm the receipt of this significant order for our myLotus product. We are now starting to see our considerable investment in relationship building, marketing, and setting up manufacturing, logistics and distribution begin to bear fruit in China. We expect to be able to announce further orders in the coming months and I look forward to updating shareholders in due course."
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.
Enquiries:
The Company
Erik Henau
CEO
Tel: +44 (0) 1234 866601
SPARK Advisory Partners Limited (Nomad)
Neil Baldwin / Mark Brady
Tel: +44 (0)20 368 3550
Beaufort Securities Limited (Broker)
Jon Belliss
Tel: +44 (0)20 7382 8300
Yellow Jersey (Financial PR)
Georgia Colkin / Joe Burgess / Katie Bairsto
Tel: +44 (0) 776 932 5254
About Concepta Plc:
Concepta plc is a pioneering UK healthcare company that has developed a proprietary platform and products targeted at the personalised mobile health market with a primary focus on women's fertility and specifically unexplained infertility*.
Founded in 2013, Concepta has developed a revolutionary flagship product 'MyLotus' for home self-testing that helps women with unexplained infertility to conceive.
MyLotus is the only consumer product which allows both quantitative and qualitative measurements of measurement of a woman's personal hCG and LH hormone levels in an easy to use home test to facilitate higher conception rates and early diagnosis of any fertility problems. Competitor products currently only allow qualitative measurement and are based on the 'average woman'.
Concepta has a defined route to market for its new 'My Lotus' product with Regulatory approvals for launch in China in place for 2016 and CE-Marking for UK and Europe to follow in 2018 where the revenue potential of the Chinese and EU infertility market is worth c.£600m per annum for the company.
*Unexplained infertility refers to women that have been unable to conceive after 6 months of trying. This highly motivated target group of consumers won't typically be offered medical intervention until 12 months of unsuccessfully trying, with IVF not offered until two years. Research indicates couples start to take positive action ahead of this time and there is little medical support to help them do so.
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseN4 Pharma PLC : Results of latest nuvec pre-clinical study
RNS Number : 8341V N4 Pharma PLC 08 November 2017 08 November 2017 N4 Pharma Plc ("N4 Pharma" or the "Company") Results of latest nuvec® pre-clinical study N4 Pharma Plc (AIM: N4P), a specialist pharmaceutical company which reformulates existing drugs and vaccines to improve their performance, announces the results……
RNS Number : 8341V
N4 Pharma PLC
08 November 2017
08 November 2017
N4 Pharma Plc
("N4 Pharma" or the "Company")
Results of latest nuvec® pre-clinical study
N4 Pharma Plc (AIM: N4P), a specialist pharmaceutical company which reformulates existing drugs and vaccines to improve their performance, announces the results of the latest study it has conducted for its nuvec® silica nanoparticles ("SiNPs") delivery system.
As well as investigating tolerability, the objective of this study (funded via a biomedical Catalyst Grant) was to determine the in-vivo capacity for the Company's SiNPs to deliver DNA to generate local expression of a protein. This is a key indicator as to whether a vaccine delivery system is likely to successfully generate an immune response. The Company completed two tests in this study, the first was an injection directly into a cancerous tumour and the second was a subcutaneous injection; two routes of administration typically used for vaccination.
In conclusion, a single injection of the SiNPs is effective in delivering DNA to generate localised protein expression at the site of the injection and draining lymph nodes and release cytokines into the systemic circulation. These are all crucial elements for successful cancer therapy treatment. No tolerability issues were encountered for the duration of the study.
Following these results, further in-vivo studies will be conducted to demonstrate the capability of the Company's SiNPs to deliver specific antigens to promote an adaptive immune response (i.e. as a vaccine) or to deliver functional proteins that can have a biological effect and to undertake comparison studies showing how the Company's SiNPs compare to lipid nanoparticles, which are widely used as delivery systems for cancer vaccines and therapies.
Nigel Theobald, CEO of N4 Pharma, commented:
"As well as preparing to take our sildenafil reformulation into clinic, we have been scoping out the potential for our nuvec® delivery system and continue to make encouraging progress demonstrating its capability. This signifies another prominent step forward on the road to commercialising nuvec® .
We now have evidence that our SiNPs have many desirable features for use in either a vaccine approach or to deliver therapeutic proteins to tissues and are uncovering key commercial advantages compared to lipid nanoparticles. This increases the scope of nuvec's® application which in turn enhances the value of the technology to potential commercial partners.
The value of the global nanotechnology drug delivery market is forecast to grow from $4.1 billion in 2014 to $11.9 billion in 2023*.
As nuvec® continues to meet its technical targets, it becomes very clear that we have the potential to become a significant player in this growing market. We will continue its development to determine how best to compete and to take the technology forward."
* source: Transparency Market Research July 2014
Enquiries:
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N4 Pharma Plc Nigel Theobald, CEO, |
Via Alma PR |
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Stockdale Securities Tom Griffiths |
Tel: +44(0)207 601 6100
|
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Beaufort Securities Elliot Hance |
Tel: +44(0)207 382 8300
|
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Alma PR Josh Royston Robyn Fisher |
Tel: +44(0)778 090 1979 Tel: +44(0)754 070 6191 |
About N4 Pharma
N4 Pharma is a specialist pharmaceutical company which reformulates existing drugs and vaccines to improve their performance.
N4 Pharma's reformulation work falls under two divisions:
• generic, already commercialised, drugs; and
• delivery of novel and existing vaccines.
N4 Pharma has identified a number of established drugs that could be improved upon through its reformulation techniques. N4 Pharma's most advanced reformulation is for sildenafil, widely marketed as Viagra, where N4 Pharma is seeking to improve the speed at which the drug takes effect whilst also extending its duration of action.
N4 Pharma's reformulation approach should take approximately three years to obtain regulatory approval as opposed to the traditional process for new drugs of on average ten years. The cost and risk profile of this model is also significantly less than the traditional process. N4 Pharma's business model for generics is to take reformulated drugs from its portfolio through to the stage where it will license its newly reformulated drugs to pharmaceutical companies to commercialise them. N4 Pharma's revenues should be derived from up front milestone and royalty payments associated with the licence.
N4 Pharma's business model for vaccines is to undertake the required clinical work to demonstrate the capability of its delivery system as a cancer vaccine or therapeutic treatment so that it can license the technology to major players developing treatments in this area, again in return for up front milestone and royalty payments associated with the licence.
Glossary
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Silica nanoparticles (SiNPs) |
Small manufactured structures, measured in a narrow size range of nanometres, that are derived from silicon. |
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Cytokines
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Cytokines are cell signalling molecules that aid cell to cell communication in immune responses and stimulate the movement of cells towards sites of inflammation, infection and trauma. |
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Antigen
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An antigen is any substance that causes your immune system to produce antibodies against it. This means your immune system does not recognize the substance, and is trying to fight it off. |
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Lipid nanoparticles
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Lipid nanoparticles are small particles, measured in nanometres, formed through either the complexation or encapsulation of nucleic acids with cationic lipids. |
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Subcutaneous injection
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A subcutaneous injection is a method of administering medication. Subcutaneous means under the skin. In this type of injection, a short needle is used to inject a drug into the tissue layer between the skin and the muscle. Medication given this way is usually absorbed more slowly than if injected into a vein, sometimes over a period of 24 hours. |
This information is provided by RNS
The company news service from the London Stock Exchange
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