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RNS Number : 9513Z

LightwaveRF PLC

02 June 2016

 

2 June 2016

LightwaveRF plc

(AIM: LWRF)

 

Works with Nest

 

LightwaveRF plc ("LightwaveRF" or the "Company"), is the Internet of Things ("IoT") provider of the LightwaveRF platform and connected devices enabling domestic and commercial users to remotely monitor and control light, heat, power and security by smartphone, tablet or PC.  The Company is pleased to announce the first phase of its Works with Nest integration.

 

Following development of the LightwaveRF platform, the Company is now interfacing with other third party IoT products. This approach has been reinforced by the recent launch of several IFTTT channels.

 

LightwaveRF now works with Nest to synchronize Home and Away settings to the LightwaveRF Android app. Users who control Home and Away from their LightwaveRF Android app will be able to automatically switch Nest Home and Away status with the LightwaveRF system.

 

Commenting Mike Lord, CEO of LightwaveRF, said: "We are excited about the additional flexibility this connection provides to Nest and LightwaveRF customers".

 

 

 

For further information:

             

Contacts:
LightwaveRF plc	www.lightwaveRF.com
Mike Lord, CEO Kevin Edwards, CFO	+44 (0)  121 250 3625
WH Ireland Limited	www.wh-ireland.co.uk
Mike Coe/Ed Allsopp (Corporate Finance)	+44 (0) 117 945 3470
Jasper Berry (Institutional Sales)	+44 (0) 20 7220 1666

 

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RNS Number : 9958Z

W.H. Ireland Group PLC

02 June 2016

 

WH Ireland Group Plc

("WHI" or the "Company")

Execution of Outsourcing Contract

The Company confirms today that it has executed a seven year agreement with SEI Investments (Europe) Ltd to outsource its Private Wealth Management back office operations, currently performed out of the Company's Manchester office. As a consequence of this agreement, the Company, in due course, will be moving to a "Model B" arrangement with SEI's Wealth Platform, supported by a new internal middle office function. It is anticipated that the middle office function should be in place by the second quarter of 2017.  The Company's Manchester Wealth Management and Wealth Planning presence will be unaffected by this change.

Richard Killingbeck stated "This arrangement is of significant importance to the ongoing process of change at WH Ireland. By partnering with SEI and by moving our clients onto their Wealth Management platform, we will be able to make a quantum leap in client reporting, IT functionality and regulatory robustness. We also believe that this will be of benefit to all of our clients and forms a major aspect of WH Ireland Private Wealth Management's progression to a primarily fee paying business model."

This announcement forms part of the ongoing change process within WH Ireland. The Board of WH Ireland expect this decision to help drive internal efficiencies within the Wealth Management Division, the full impact of which will be felt in the year 2018.

For further information please contact:

 

WH Ireland Group plc                                                                                                         www.whirelandplc.com 

Richard Killingbeck, Chief Executive Officer                                                                   +44(0) 20 7220 1666

 

SPARK Advisory Partners Limited
Mark Brady/Miriam Greenwood			+44(0) 20 3368 3551
Novella
Tim Robertson			+44 (0) 20 3151 7008

 

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RNS Number : 8377Z

Pennant International Group PLC

01 June 2016

 

                                                                                                           

 

1 June 2016

 

 

Pennant International Group plc: Major New Contracts worth in excess of £13 million;

Two Middle-Eastern Training Contracts secured with potential to supply significant additional support;

 

Pennant International Group plc, ("Pennant" or "the Group"), the AIM quoted supplier of integrated logistic support solutions, products and services, principally to the defence, rail, aerospace and naval sectors and to Government departments, is delighted to announce that its wholly owned subsidiary, Pennant Training Systems Limited, has signed a major new contract and has received confirmation of the award of another and has been instructed to commence work. The contracts are being undertaken for two Middle Eastern customers and have an aggregate value of over £13 million.

 

The contracts, one of which has been anticipated for some time, are both for the supply of a range of equipment, hardware and software, and maintenance support to aeronautical engineering training at training colleges in the Middle East. The equipment to be supplied includes Part Task Trainers to develop basic hand skills, mechanical and avionic systems for practicing maintenance activities and a virtual reality procedure trainer for aircraft marshalling and ground handling activities.

 

The contracts are expected to run through to the end of 2017. Both customers are adopting a phased approach to installation and integration, whereby incremental increases to technical capabilities and training capacity will be implemented, providing for the planned growth of both colleges, which are in turn expected to provide Pennant with additional significant contract opportunities.

 

Commenting on the new awards, Chris Snook, Pennant CEO, said: "These are two very significant contracts for Pennant. Not only do they further enhance our reputation as one of the industry's foremost providers of leading edge equipment, software and support to aeronautical engineering training, they also provide a huge boost to our order book through 2016-17."

 

Mr Snook added: "These new orders provide the Board with a good degree of confidence that revenues and earnings for the current financial year ending 31 December 2016 are likely to significantly exceed current market expectations."

Enquiries:
Pennant International Group plc	www.pennantplc.co.uk
Phil Walker, CFO	+44 (0) 1452 714 914
Chris Snook, CEO	+44 (0) 1452 714 914
WH Ireland Limited	www.wh-ireland.co.uk
Mike Coe	+44 (0) 117 945 3470
Walbrook PR	www.walbrookpr.com
Paul Vann / Tom Cooper	+44 (0) 117 985 8989 Mob: 07768 807631

 

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RNS Number : 5869Z

Proton Power Systems PLC

31 May 2016

 

 

 

 

 

 

Proton Power Systems plc

 

("Proton" or the "Company")

 

 

Seven year framework agreement

 

Proton Power Systems plc (AIM: PPS), a Clean Tech total power solution provider, uniquely the designer, developer and producer of fuel cells and fuel cell electric hybrid systems, is pleased to announce that it signed with a blue chip German customer a significant framework agreement for fuel cell emergency power units. The total value of the framework agreement is €15 million for a number of systems which are all expected to be delivered and installed over a seven year period. The agreement currently covers only one of Germany's regions, Bavaria, and follows the first binding order received in April from this customer for the delivery of systems worth €1.8 million during 2016.

 

The power range of the units to be delivered to this customer varies from 6 to 8kVA and the units will be contained in outdoor cabinets which include hydrogen storage, fuel cells, UPS (Uninterruptible Power Supply) and auxiliary components. These units provide a complete solution based on hydrogen fuel cell technology for long backup time, supplying clean energy for critical loads.

 

Faiz Francoise Nahab Ph.D., CEO of Proton, said: "This framework agreement is another milestone that will provide year on year revenue streams as commercialization of our core technology is now realized. Our continued investment in our manufacturing capability is now bearing fruits. This is the proof that the fuel cell technology is commercially attractive to customers resulting in projects which will provide years of revenues for Proton. This order demonstrates our expertise in providing complete solutions with a fuel cell as part of a UPS system with a very long backup time. The combination of fuel cell and UPS technology allows us to design complete solutions also for customers with high power rating requirements. We are confident of an increase in demand for hydrogen based applications in 2016 and beyond ".

 

– Ends –

 

 

 

 

For further information:

Proton Power Systems plc
Dr Faiz Nahab, CEO
Achim Loecher, FD Ian Peden, Chairman	Tel: +49 (0) 89 127 626 550 Tel: +49 (0) 162 101 6470
	www.protonpowersystems.com

 

 

Stockdale Securities Limited Nominated adviser and broker	Tel: +44 (0) 20 7601 6100
Antonio Bossi / David Coaten	www.stockdalesecurities.com

 

 

About Proton Motor Fuel Cells GmbH ("Proton Motor")

Proton Motor is an expert in industrial fuel cells, fuel cell and hybrid systems with more than 21 years of experience in this sector.  Based in Puchheim near Munich, Proton Motor offers complete fuel cell and hybrid systems from a single source – from the development and production through the implementation of customized solutions.  The focus of Proton Motor is on mobile, marine and stationary solutions and applications.  The product portfolio consists of base-fuel cell systems, standard complete systems, as well as customized systems.

 

Proton Motor acquired and integrated SPower GmbH in 2013. Established in 2007, SPower serves IT, Telecoms, public infrastructure and healthcare customers in Germany, Europe and Middle East with power supply solutions for DC and AC power demand. In addition to power supply, SPower also offers solutions for Solar Systems as well as a new product line for Solar Energy Storage. With the SPower expertise, Proton Motor can offer complete power supply solutions with fuel cell and all electrical components.

 

Proton Motor is a wholly owned subsidiary of Proton Power Systems plc which has been listed on the London Stock Exchange since October 2006 (code: PPS).

 

 

 

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RNS Number : 9336Y

Proton Power Systems PLC

23 May 2016

 

 

 

23 May 2016

 

Proton Power Systems plc

 

("Proton" or the "Company")

 

 

Order for 75kVA Containerized Fuel Cell Stationary Power System  for the Orkney Islands "Surf and Turf" project

 

Proton Power Systems plc (AIM: PPS), a clean tech total power solution provider and designer, developer and producer of fuel cells and fuel cell electric hybrid systems, is proud to announce, that it has received an order for a 75kVA containerized fuel cell stationary power system for the Orkney Islands "Surf and Turf" project.

The 'Surf and Turf' project involves generating hydrogen from wind and tidal energy and using it as the energy storage medium. The hydrogen is used to provide electricity for the Orkney Islands harbour. The wind and seas around the Orkney Islands provide an abundance of renewable energy resources. Through concerted efforts, communities like Orkney Islands are now starting to see the benefits of ownership of renewable power generation capacity. This project will see the Orkney Islands take a small, but important, step towards rising to the challenge of managing the limits of its energy infrastructure. This project will help unlock the constraints imposed by 20th century power cables and a is great demonstration of how our technology can help overcome the shortcomings of the local electricity grid.

Proton will provide a 75kVA containerized fuel cell stationary power system for a total contract value of more than €0.5 million to be delivered in 2016.

Faiz Francoise Nahab Ph.D., CEO of Proton, said: "This is a very important order for us. The fuel cell system is based on our 25kVA system, which is operated in a modular mode. The container has all necessary components to be connected to the local grid. Proton is responsible for the turn key delivery of the container. We hope to see more applications in this market sector and more islands like the Orkney Islands taking a proactive role. Proton expects a fast growing demand worldwide for this type of applications. Storing wind and solar energy is a big challenge and we have the right solution to use such green energy in stationary or mobile applications".

 

– Ends –

 

 

For further information:

Proton Power Systems plc
Dr Faiz Nahab, CEO
Achim Loecher, FD Ian Peden, Chairman	Tel: +49 (0) 89 127 626 550 Tel: +49 (0) 162 101 6470
	www.protonpowersystems.com

 

 

Stockdale Securities Limited Nominated adviser and broker	Tel: +44 (0) 20 7601 6100
Antonio Bossi / David Coaten	www.stockdalesecurities.com

 

 

About Proton Motor

Proton Motor is an expert in industrial fuel cells, fuel cell and hybrid systems with more than 21 years of experience in this sector.  Based in Puchheim near Munich, Proton Motor offers complete fuel cell and hybrid systems from a single source – from the development and production through the implementation of customized solutions.  The focus of Proton Motor is on mobile, marine and stationary solutions and applications.  The product portfolio consists of base-fuel cell systems, standard complete systems, as well as customized systems.

 

Proton Motor serves IT, Telecoms, public infrastructure and healthcare customers in Germany, Europe and Middle East with power supply solutions for DC and AC power demand. In addition to power supply, SPower also offers solutions for Solar Systems as well as a new product line for Solar Energy Storage. With the SPower expertise, Proton Motor can offer complete power supply solutions with fuel cell and all electrical components.

 

Proton Motor Fuel Cells GmbH is wholly owned subsidiary of Proton Power Systems plc.  The Company has been listed on the London Stock Exchange since October 2006 (code: PPS).

 

 

This information is provided by RNS

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RNS Number : 9752Y

Quixant PLC

23 May 2016

 

Quixant plc

("Quixant" or the "Company")

Signing of multi-year contract with Ainsworth Game Technology

Quixant (AIM: QXT), a leading provider of specialised computing platforms and monitors for gaming and slot machine applications, is pleased to announce that it has signed a multi-year contract with Ainsworth Game Technology (ASX: AGI) ("Ainsworth"), a premier manufacturer of global gaming solutions.

Under the terms of the agreement, Quixant will supply Ainsworth with the next generation of computer platforms for its gaming machines securing the relationship for a further 5 years to 2021. Ainsworth is an existing customer and Quixant has supplied them since 2007.

Vince Bruzzese, General Manager R&D of Ainsworth commented: "I am very pleased that we are continuing our relationship with Quixant.  Ainsworth and Quixant have enjoyed a strong and fruitful partnership over several years."

Nick Jarmany, CEO of Quixant commented: "We are delighted that we will be continuing our relationship with Ainsworth for at least another five years. Ainsworth is known for its high performing gaming machines and we are proud to continue to be their exclusive supplier of computer gaming platforms."

For further information please contact:

Quixant plc

Tel: +44 (0)1223 892696

Nick Jarmany, Chief Executive

Jon Jayal, General Manager

 

Nominated Adviser and Broker:

finnCap

Tel +44(0)20 722 0500

Matt Goode (Corporate Finance)

Grant Bergman (Corporate Finance)

Simon Johnson (Corporate Broking)

 

Financial PR:

Alma PR

John Coles    Tel: +44 (0)7836 273660

Hilary Buchanan  Tel: +44 (0)7515 805218

 

This information is provided by RNS

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RNS Number : 3061Y

Xeros Technology Group plc

16 May 2016

 

16 May 2016

 

Xeros Technology Group plc

 

Full scale trial of Xeros' technology in leather processing completed

 

Xeros Technology Group plc (AIM: XSG, 'Xeros' or 'the Group'), the innovative developer of patented polymer bead systems with multiple identified commercial applications, has successfully completed a full scale trial of its technology within a leading tannery.

The trial was part of a multi-phase joint development agreement with LANXESS Deutschland GmbH to advance the application of Xeros' patented polymer bead technology in the leather processing industry.

The full scale trial which was conducted by a leading independent tannery has shown that material reductions in water, chemistry and effluent are achievable by using Xeros' technology in the retanning and dyeing phase of leather processing.  When Xeros' technology was applied to this phase of the process, the water used and the effluent generated were reduced by over 50%. The leather produced was judged to be of excellent quality in terms of look, feel, and handle.

 

The Group intends to continue further trials to determine the maximum potential of its technology in this field whilst simultaneously progressing its commercialisation plan.

 

Mark Nichols, Chief Executive of Xeros, said:

                                                                                                         

 "This is an important development which hails a step change in the sustainability of the leather processing industry.

 

"This successful trial provides encouraging evidence of the momentum building across the Group's activities and demonstrates another application of our platform technology."

 

Note:

 

Leather processing involves four phases: beamhouse, tanning, retanning & dyeing and finishing. The trial just concluded focussed on the third phase in the process.

 

For further information, please contact:

 

Xeros Technology Group plc                                                                              Via Instinctif Partners                   

Mark Nichols, Chief Executive

Chris Hanson, Chief Financial Officer

www.xeroscleaning.com

 

Jefferies International (Nominated Adviser and Joint Broker)           Tel: 020 7029 8000

Simon Hardy / Harry Nicholas                                                                   

www.jefferies.com

Berenberg (Joint Broker)                                                                                    Tel: 020 3207 7800           

Chris Bowman / Ben Wright / Amritha Murali                                    

www.berenberg.com

 

Instinctif Partners (Financial PR)                                                                     Tel: 020 7457 2020

Helen Tarbet / James Gray                                                                         

www.instinctif.com

 

 

 

 

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RNS Number : 9917X

W.H. Ireland Group PLC

12 May 2016

 

WH Ireland Group Plc

 

("WH Ireland" or the "Company")

 

WH Ireland Appointed Discretionary Investment Manager for Isle of Man Government

The Company confirms today that its Isle of Man office has been appointed to manage two investment mandates for the Isle of Man Government. The award of the business follows a lengthy and rigorous tender process, which saw the Company's proposal considered by Treasury, a Department of the Isle of Man Government and managed through Procurement Services. WH Ireland will manage the two mandates for a fixed term of five years. The appointment as discretionary investment manager comes just two years after WH Ireland established its Isle of Man office, a period which has seen the Company enjoy impressive growth in its international client base.  Richard Killingbeck, Group CEO, WH Ireland, said: 'This is a strong endorsement of the Isle of Man office and the WH Ireland Group.  Our international division has grown significantly from two to eight staff since the office launched in February 2014. The appointment to manage the two mandates gives us a sound platform to continue the growth of our international business and further strengthen our Isle of Man team.' Will Corrin, Managing Director of WH Ireland (IOM), said: 'The award of these mandates is fantastic news and is a testament to the work undertaken by the team in the Isle of Man office over the last two years together with the support of the wider WH Ireland Group.  'From a standing start the office has quickly established itself as a premier provider of investment management services to the local community and further afield. 'We are seeing continuing growth within our business and the award of the Isle of Man Government mandates is an endorsement of our approach and philosophy in today's challenging markets.'

For further information please contact:

 

WH Ireland Group plc                                                                                           www.wh-ireland.co.uk

Richard Killingbeck, Chief Executive Officer                                                       +44(0) 20 7220 1666

SPARK Advisory Partners Limited
Mark Brady/Miriam Greenwood	+44(0) 203368 3551/3550

 

 

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RNS Number : 5783X

Avanti Communications Group Plc

09 May 2016

 

AVANTI COMMUNICATIONS GROUP PLC

EE Contract Win

 

Avanti Communications Group plc ("Avanti" or "the Group"), a leading provider of satellite data communications services in Europe, the Middle East and Africa, announces that it has won a contract to supply EE Limited with satellite capacity for cellular backhaul.

 

Avanti will connect a number of cellular sites across the UK to EE's network using the HYLAS 1 and 2 satellites, to provide communications in remote areas and additional network resilience.

 

The first phase of this multiyear contract has an initial value of $29m, plus options to double the capacity.

 

David Williams, Chief Executive Officer of Avanti, said: "We have designed the HYLAS satellite fleet to offer the highest levels of network quality and flexibility, beyond the levels that have been previously available via satellite. This contract win demonstrates those qualities and affirms our ability to deliver at the highest level".

 

Mansoor Hanif,  Director of Radio Access Networks at EE, said: "We are delivering a highly resilient, truly nationwide 4G network and Avanti will play a key part in providing resilience and extending this network into rural areas."

 

 

 

For further information please contact:

Avanti: Matthew Springett, +44 (0)207 749 6703

Montfort: Nick Miles / James Olley, +44 (0)203 770 7909

Redleaf: Hannah Nicolas, +44 (0)207 382 4734

Cenkos Securities: Max Hartley (Nomad) / Julian Morse, +44 (0)207 397 8900

 

 

 

 

Notes to editors

 

About Avanti Communications

Avanti connects people wherever they are – in their homes, businesses, in government and on mobiles. Through the HYLAS satellite fleet and more than 180 partners in 118 countries, the network provides ubiquitous internet service to a quarter of the world's population. Avanti delivers the level of quality and flexibility that the most demanding telecoms customers in the world seek.

 

Avanti is the first mover in high throughput satellite data communications in EMEA. It has rights to orbital slots and Ka-band spectrum in perpetuity that covers an end market of over 1.7bn people.

 

The Group has invested $1.2bn in a network that incorporates satellites, ground stations, datacentres and a fibre ring.

 

Avanti has a unique Cloud based customer interface that is protected by patented technology.

 

The Group has three satellites in orbit and a further two fully funded satellites under construction.

 

Avanti Communications is listed in London on AIM (AVN:LSE).

 

www.avantiplc.com

 

About EE

EE, part of the BT Group, is the largest and most advanced digital communications company in Britain, delivering mobile and fixed communications services.

 

EE has approximately 553 retail stores, and services more than 31 million connections across its mobile, fixed and wholesale networks.

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RNS Number : 4322X

BMR Group PLC

06 May 2016

 

BMR Group PLC

("BMR" and the "Company")

Confirmation of ZEMA approval

BMR Group PLC, the Zambian-focused mineral processing business is delighted to announce that on 5 May 2016 it received confirmation from the Zambia Environmental Management Agency (ZEMA), that its Environmental Social Impact Assessment, in respect of its tailings retreatment process and the construction of its planned Pilot and Main Treatment Plants in Kabwe, which was submitted in December 2015, has been approved.

The terms of ZEMA's approval include conditions typical in such projects, including the requirement for BMR to conduct air modelling and hydro-geological studies and to install pollution abatement equipment prior to commencing operations, and to submit bi-annual results of its monitoring programme to ZEMA, as well as to ensure continuous vegetation of new tailings.

The Company has continued to refine its plans for the Pilot Plant with the process and engineering design work for its construction already being at an advanced stage.  The Company is currently focused on assessing the appropriate levels of both capital expenditure and operating expenditure that are necessary for the construction and subsequent commercialisation of the Pilot Plant.  The costings will now include provision for a Solvent Extraction plant designed to enhance the quality of the products that will therefore augment their end value.

A further announcement will be made later this month regarding the costings, following a peer review, and the timing of the construction of the Pilot Plant, in light of the ZEMA approval.

Alex Borrelli, CEO and Chairman, commented:

"We are very pleased to have received the approval from ZEMA for the Pilot Plant. We believe that this major milestone underpins the value of the Company's assets at Kabwe and is a significant step-forward in the development of a major, cash-generative business. We are also grateful to our shareholders for their patience over the recent period, while we have been working diligently behind the scenes to achieve this result.

"This approval clears the way for the BMR management team to proceed with our plans to build and start operating the Pilot Plant as soon as practicable. In the immediate future, we will finalise the plant costings and construction schedule and update shareholders accordingly."

Ends

 

For further information:

BMR Group PLC 020 7734 7282

Alex Borrelli, CEO and Chairman

WH Ireland Limited 020 7220 1666

NOMAD and joint broker

Chris Fielding, Head of Corporate Finance

 

Peterhouse Corporate Finance 020 7469 0930

 

Joint Broker  

                                             

Lucy Williams/Duncan Vasey/Heena Karani

 

 

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