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RNS Number : 5986J

Bidstack Group PLC

06 December 2018

 

Certain information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR"). Upon publication of this Announcement, this information is now considered to be in the public domain. 

 

 

6 December 2018

 

 

Bidstack Group PLC ("Bidstack or "the Company")

 

Contract with Codemasters

 

Bidstack Group plc (AIM: BIDS.L), the native in-game advertising group, is pleased to announce that it has signed a contract with Codemasters, the AIM listed award-winning video game developer and publisher, to provide native in-game advertising within two of Codemasters' titles, beginning with DiRT Rally 2.0, the sequel to the successful BAFTA nominated DiRT Rally.

 

Bidstack will provide native in-game advertising that will enable brands to reach a unique gaming audience through some of the most recognised racing franchises in the world.

 

The three-year exclusive contract positions Bidstack to manage the virtual advertising real estate for Codemasters across multiple platforms.

 

According to Codemasters, Dirt Rally 2.0 will launch on the PlayStation®4 computer entertainment system and the Xbox One family of devices including the Xbox One X and Windows PC, on Tuesday 26th February 2019.

 

James Draper, CEO, said, "Our agreement with Codemasters, a AAA rated games developer, provides us with further evidence that our proprietary technology is relevant and in demand by the world's leading games creators."

 

Frank Sagnier, CEO of Codemasters, commented, "We've been impressed by both the technology and brand reach of the Bidstack team. Most importantly they understand the importance of the quality of our assets and the need to deliver a solution that appeals to both brands and our loyal gamers. We look forward to working with them."

 

 

Contacts

 

Bidstack Group PLC

 

James Draper, CEO                                                                                  via Alma PR

 

Spark Advisory Partners

 

Mark Brady/Neil Baldwin/James Keeshan                                         +44 (0) 203 368 3550

 

Peterhouse Capital Limited

 

Eran Zucker/Lucy Williams/Duncan Vasey                                         +44 (0) 20 7409 0930

 

Alma PR

 

Josh Royston/ Sam Modlin                                                                    +44 (0) 203 405 0205             

 

 

Notes to editors

 

Bidstack is an advertising technology company which provides dynamic, targeted and automated native in-game advertising for the global video games industry across multiple platforms. Its proprietary technology is capable of inserting adverts into natural advertising space within video games across multiple video games platforms (mobile, PC and console).

 

Bidstack's customers are games publishers and developers (on the supply side), and advertising agencies, brands and programmatic advertising platforms (on the demand side). Bidstack contracts exclusive access to the native in-game advertising space within video games from their developers or publishers and sells that advertising space either direct to specific brands and their agencies or through programmatic advertising platforms.

 

About DiRT

 

The first game in Codemasters' fully owned "DiRT" franchise was launched in 1998 as "Colin McRae Rally". This was broadened from pure rally car racing to off-road racing including buggies and trucks, with the launch of the rebranded "DiRT" in 2007. Critics and consumers consider "DiRT" to be one of the best off-road racing franchises in the industry.  "DiRT", "DiRT 2", "DiRT 3" and "DiRT Rally" all earned BAFTA nominations, and "DiRT Rally" and "DiRT 4" are tied as the second highest rated racing games on PS4 across all racing categories (85 per cent. Metacritic).

 

"DiRT 4", the most recent release in this franchise, was also awarded 2017 Racing Game of the Year by Game Informer, a leading US games publication. The franchise has in excess of 450,000 fans on Facebook and over 400,000 monthly active gamers.

 

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

 

END

 

 

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RNS Number : 3028J

Panoply Holdings PLC (The)

04 December 2018

 

4 December 2018

 

The Panoply Holdings PLC

("The Panoply" or the "Company")

 

Admission to AIM and first day of dealings

Oversubscribed fundraise of £5.4m

 

The Panoply Holdings PLC, a digitally native technology services company, is pleased to announce that admission of its shares to trading on the AIM market of the London Stock Exchange ("Admission") will take place and dealings will commence at 8.00 a.m. today under the ticker TPX and the ISIN GB00BGGK0V60.

 

The Company successfully raised gross proceeds of £5.0m, before expenses, through an oversubscribed placing of 6,756,755 new Ordinary Shares at 74 pence per Ordinary Share (the "Placing Price") together with a vendor sale of an additional 526,615 Ordinary Shares at the Placing Price raising a further £400k for the vendor. Based on the Placing Price, the market capitalisation of the Company at Admission is approximately £30 million. Following admission, the Company will have 40,601,642 Ordinary Shares in issue.

 

Stifel is acting as the nominated adviser and sole broker to the Company. The Panoply is EIS/VCT-qualifying, profitable, debt-free, and plans to pay a dividend from 2020.

The Panoply was founded in 2016 with the aim of identifying and acquiring best-of-breed specialist information technology and innovation consulting businesses across Europe, to form regional clusters of group companies positioned to deliver services that help clients digitally transform their businesses for the automation age. From Admission, the four companies below will become part of the enlarged group (the "Enlarged Group" or "The Panoply Group"):

•     Bene Agere: an Oslo-based strategy and management consultancy;

•     Manifesto Digital: an award-winning London-based digital experience agency;

•     Notbinary: an award-winning London-based IT consultancy focused on digital transformation; and

•     Questers: an award-winning provider of onshore and nearshore agile software development services

Each of these four businesses is independently profitable and has a strong order backlog that supports their organic growth.

The four businesses service a breadth of blue-chip customers between them, including Unilever, BBC, National Trust, Unicef UK, Kew Gardens, DVLA, London Southbank University, Funding Circle and Shelter.

Key strengths

Significant market opportunity

Independent research house, International Data Corporation (IDC), estimates that the market for digital transformation services in EMEA will rise from $45 billion in 2017 to $82 billion by 2021.

Group platform

The Panoply provides a platform for companies which join the Group to accelerate their organic growth through cross-selling, as well as by leveraging The Panoply brand, network, listed status and balance sheet.

Alignment of interests

The Panoply's acquisition formula involves a significant proportion of the consideration for each acquisition being issued in Ordinary Shares, thereby ensuring alignment of interests of the target companies' selling shareholders with the existing shareholders.

Decentralised operating model

The Panoply's operating model allows companies within the Panoply Group to continue to remain entrepreneurial and creative, unstifled by bureaucracy:

–   Central control is provided by a non-executive director, appointed by the Board of the Company to the board of each Panoply Group company, to provide governance, as well as guidance and oversight on growth strategy and collaboration with other Panoply Group Companies;

–    The aim of this model is to provide clients with better outcomes, faster execution and lower cost for higher quality work.

Profitable and cash-generative

At Admission, the Enlarged Group is profitable, cash generative, debt-free and only intends to make accretive acquisitions going-forward.

Focused growth strategy

–    The Panoply's Acquisition Formula is designed to attract ambitious companies, confident in their ability to grow profitably, while rewarding cross-selling and collaboration;

–  The Panoply's management has an extensive network to help identify, attract and execute future acquisitions.

Experienced Management and Board with proven track record

The Panoply is managed by highly experienced executive and non-executive directors combining strong sector, public company and international mergers and acquisitions expertise with a track record of building, growing and exiting services companies.

Neal Gandhi, Chief Executive Officer, commented:

"The Panoply is a services company assembled to meet the demands created by the "fourth industrial revolution", combining the very best talent to service the growing technical needs of clients with innovation, creativity and efficiency. With digital transformation becoming more and more critical to companies' success across many verticals, this is the right time for a digitally native business such as ours to come to the market and capitalise on that structural shift. The old consultancy model is dying, and our decentralised, agile operating model is here to take its place.

"We have ambitious growth plans and are confident that AIM will be the right platform to support us in rapidly scaling the business. Admission to the exchange will bolster our brand and provide the capital necessary to pursue further, sustainable growth."

 

The Company's Admission Document can be found at: www.thepanoply.com

 

Enquiries:

 

The Panoply Holdings Neal Gandhi (CEO) Oliver Rigby (CFO)   Stifel Nicolaus Europe Limited (Nomad and Broker)   Via Alma PR     +44 (0)207 710 7600 Fred Walsh Alex Price Neil Shah Luisa Orsini Baroni       Alma PR (Financial PR) +44(0)203 405 0206 Josh Royston Rebecca Sanders-Hewett Susie Hudson 07780 901979

About The Panoply

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

www.thepanoply.com

Strategy

The Directors believe that the key to the future success of The Panoply Group is through a combination of an organic and acquisitive growth strategy.

The Panoply Group's primary strategy is to acquire companies in order to build regional clusters of complementary companies across Europe and support them in achieving faster organic growth, by allowing them to upsell, cross-sell and therefore win bigger deals.

The Directors believe that The Panoply's formulaic acquisition process will enable the Panoply Group to complete acquisitions quickly and cost effectively:

1.  The Panoply identifies target companies that are primarily service-based, with annual revenues of up to £10 million. Target companies should be profitable, with limited or no debt, and most importantly, show potential for clear sales synergies with the Enlarged Group;

2.  The Panoply carries out a due diligence process, drawing on the experience of its Directors and wider management and advisory teams. External professional advisors are used as required; and

3.  once a potential target has been identified and the due diligence process completed to The Panoply's satisfaction, a price is agreed with the relevant business vendors based on a defined consideration formula. Under this formula the price is determined by reference to a multiple of the target's last 12 months EBITDA. Additional consideration may then become payable based on the target's ability to meet performance targets over the following 24 months, one of the parameters being cross sales within The Enlarged Group. The Panoply's Consideration Formula contains a clawback mechanism with a view to providing the Company with downside protection in the event that a target company's profit falls in the two years following acquisition.

In the short to medium term, the majority of the consideration payable in respect of the acquisition of target companies is expected to be satisfied by the issue and allotment of Ordinary Shares. The Directors intend that each acquisition agreement will include customary lock-in undertakings in respect of any Ordinary Shares issued.

The Directors believe that The Panoply's model will be attractive to target companies on account of its:

Listed status

Admission will provide The Panoply with a profile that all The Panoply Group companies can use to leverage in new business opportunities. Indeed, smaller IT services companies come across customer procurement hurdles that may be removed once companies join The Panoply Group. In addition, Admission provides a platform for The Panoply to make further acquisitions, as well as access to capital, which can be used to help facilitate further organic growth;

Operating model

The Panoply's operating model is to allow companies to continue to operate largely autonomously. This allows the existing entrepreneurs of target companies to continue to run their companies much like they did prior to acquisition. In order to provide additional support and guidance to management teams, as well as ensuring timely information and reporting flows back to The Panoply board, The Panoply provides each of its subsidiaries with a non-executive director, who sits on its board;

Cross selling and leverage opportunities

The Panoply's strategy is to acquire companies within specific geographic locations, in order to create regional clusters of companies in each jurisdiction. Each company acquired in a specific geographical location will have little or no service crossover with other companies within its own geographical regional cluster. The Panoply will seek to acquire complementary companies rather than competing companies and then seek to leverage the cross selling opportunities amongst them;

Marketing strategy

The Panoply's marketing strategy is to provide additional awareness for all of The Panoply Group companies, carrying out activities to a much larger scale than each Panoply Group company would be able to achieve individually. Each Panoply Group company will be rebranded by the addition of the TPX prefix to its name in order to better signpost to clients the breadth of the offering and facilitate cross-selling; and

Ability to attract and retain high quality staff

The Panoply Group structure is designed to attract talent at all levels of seniority. The Directors believe that The Panoply's model will be attractive as it is designed to enable a target company and its employees to take advantage of the benefits of being part of a larger group whilst at the same time still retaining a significant level of autonomy. Admission itself provides the opportunity to attract and incentivise high-quality staff through equity incentives that are more realisable than in private companies.

Reasons for Admission and use of proceeds

The Directors believe that Admission will be an important step in the Enlarged Group's development, as well as providing the Company with the net proceeds of the placing. It is the view of the Directors that Admission will:

•     enhance the perceived credentials of the Enlarged Group with existing and potential customers/clients;

•    allow the Enlarged Group to access equity capital effectively in order to provide the Company with the   financial flexibility to pursue further growth opportunities;

•     help the Enlarged Group attract and retain high-quality and/or key staff; and

•     provide the Company with the flexibility to use its shares as currency for acquisition opportunities.

 

Use of proceeds

The Directors intend to use the net proceeds of the Placing principally to provide further investment into The Panoply Group companies and for working capital purposes.

Dividend policy

The Directors recognise the importance of dividend income to Shareholders and, subject to the availability of distributable reserves, the retention of funds required to finance the future growth of the Enlarged Group and such other factors which the Directors may from time to time deem relevant, anticipate paying a regular dividend (if appropriate). The Directors' current intention is to recommend the commencement of dividend payments after the finalisation of the Company's final accounts for the 30 financial year ended 31 March 2020. There can be no assurance as to whether dividend distributions will occur as intended, the amount of dividend payments or the timing of any such payment.

High quality board

Executive Directors

Neal Narendra Gandhi, aged 51, Co-Founder and Chief Executive Officer

Neal is a serial tech entrepreneur having co-founded four companies that exited successfully with a combined value of £117m. He co-founded his first company at the age of 21 and, under the brand name of Jungle.com, that company went on to be sold to GUS for £37m. In 1996 he co-founded Xplora and sold it to Nasdaq-listed USWeb in 1998. Neal then co-founded Attenda, a managed services consultancy which went on to be sold for £72m; one part to Telecity Plc and the other to Darwin Private Equity. In 2006 he founded QuickStart Global, an off-shore IT service provider, which grew rapidly, and in 2010 was listed in the Sunday Times Tech-Track 100 at number 3, his second company in that list with Attenda having been listed at number 2 in 2001.

Oliver James Rigby, aged 37, Co-Founder and Chief Financial Officer

Oliver qualified as an accountant with MRI Moores Rowland LLP in 2006 before spending six years as an adviser in corporate finance with Daniel Stewart and Deloitte. Oliver acted as a Nominated Adviser to the AIM Market of the London Stock Exchange and was one of their youngest Qualified Executives. Prior to co-founding The Panoply, Oliver set up Growth Company FD Limited in 2012 to provide part- time CFO and corporate finance support to growing businesses. He has worked with clients across a range of sectors and sizes including AIM listed Magnolia Petroleum Plc and privately owned Uplands Retail Limited which has a turnover of over £60m.

Non-Executive Directors

Mark William Smith, aged 63, Non-Executive Chairman

Mark has held several senior roles in creative and innovative communication businesses. He began his career as a chartered accountant at Touche Ross & Co. (Deloitte). He then spent 30 years at Chime Communications, which was acquired by Providence Private Equity in 2015.

Mark is currently chairman of Holiday Extras, a market leader in the provision of online ancillary travel services, a position which he has held for 15 years. He is also a non-executive director at The Dods Group, an AIM listed intelligence, media, training and events company, operating in over 50 countries.

Christopher Paul Sweetland, aged 63, Non-Executive Director

Chris qualified as a chartered accountant with KPMG before spending 9 years overseas in a variety of financial roles with PepsiCo Inc. In 1989, when he was CFO for the Central Europe Beverages Division, he was recruited by WPP to be part of their small central team. Chris retired from his role as WPP Deputy Group Finance Director in 2016 having spent 27 years helping build the company and having been involved in all aspects of operations, investor relations and the many acquisitions that built that group. Chris also represented WPP on the boards of a number of companies both in the UK and overseas.

Isabel Jane Kelly, aged 52, Non-Executive Director

Isabel is the founder of Profit with Purpose, a social purpose consultancy working with companies and non-profits. She is also a 'Resident Expert' at the Skoll Centre, Said Business School, Oxford University, where she is researching the organisational structures used by businesses to deliver social impact. In 2002 Marc Benioff, CEO of Salesforce.com, hired Isabel to establish the Salesforce Foundation internationally (now Salesforce.org). For 12 years she grew and led an international team delivering technology, grants and programmes in 110 countries, as well as generating revenue of $12m to fund the work. Isabel worked at Oxfam and Amnesty International for 12 years prior to joining Salesforce. 

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

 

END

 

 

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Neville Registrars is delighted to welcome The Panoply Holdings Plc as the newest addition to its list of client companies.

The Panoply is the parent company of a digitally native technology services group founded in 2016 with the aim of identifying and acquiring best-of-breed specialist information technology and innovation consulting businesses across Europe.

Further information can be found on the Company's website: https://www.thepanoply.com/

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RNS Number : 1393J

Imaginatik PLC

03 December 2018

 

3 December 2018

 

Imaginatik plc

("Imaginatik" or the "Company")

 

Contract Award

 

Imaginatik, (AIM: IMTK.L), the #1 ranked leader in corporate innovation management software according to Forrester Research, is delighted to announce that it has won a significant contract with a new customer which is a global chemical conglomerate. The current value of the contract is $142,000 per annum.

 

This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

 

 

– ENDS –

For further information, please contact:

Imaginatik plc Angus Forrest CEO	Via Alma
WH Ireland – Nominated Adviser and Joint Broker Mike Coe / Chris Savidge	Tel: +44 (0)117 945 3470
Peterhouse Capital Limited – Broker Duncan Vasey / Lucy Williams	Tel: +44 (0) 20 7220 9797
Alma PR Caroline Forde / Robyn Fisher	Tel: +44 (0) 20 8004 4218

 

About Imaginatik

 

Imaginatik is the leading innovation solution provider, which has combined a proven innovation program with purpose-built idea management software to enable companies to achieve breakthrough and continuous innovation at scale. Imaginatik works with leading global enterprises to build and integrate innovation management skills as a core competency. Customers include ExxonMobil, Altria, TD Bank, Sodexo, Caterpillar and Cargill.

 

For more information visit www.imaginatik.com.

 

 

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

 

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RNS Number : 9790I

EU Supply PLC

30 November 2018

 

RNS Reach

30 November 2018

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 Company's position in Denmark has been further strengthened following a new contract signed with the Danish Government, covering multiple sectors, including a new contract for the licensing and support of CTMTM with the Danish Ministry of Taxation, including its 10 agency procurement departments, of which 3 were previous licensees of competitors' solutions. The new contract is for the delivery of CTMTM as SaaS and related services and runs for a period  of 2 years with the option to extend by up to a further 2 years.

 

FURTHER ENQUIRIES

EU Supply PLC Tel: 020 7127 4545 Thomas Beergrehn, CEO   Fredrik Wallmark, CFO       Stockdale Securities Tel: 020 7601 6100 Tom Griffiths, Ed Thomas

 

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 e-sourcing, 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. On 25 May 2018, the Company announced that it had raised a further £600k (before expenses) through a placing and subscription of new shares.

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

 

END

 

 

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RNS Number : 9782I

DeepMatter Group PLC

30 November 2018

DeepMatter Group plc

("DeepMatter", or the "Group")

 

Publication of Paper in Science

 

DeepMatter, the AIM-listed company focusing on digitizing chemistry, announces that its founding scientific director, Professor Lee Cronin, and his colleagues at the University of Glasgow have today published a paper in Science, a leading international journal. DeepMatter has rights to intellectual property arising from the laboratory of Professor Cronin as part of its Intellectual Property and Royalty agreement with the University of Glasgow.

 

The paper describes for the first time a method of molecule production which uses downloadable 'blueprints' to easily and reliably synthesise chemicals, such as drug molecules, automatically via a programmable chemical-robot: a 'Chemputer'. The idea of the 'Chemputer' is underpinned by a universal and interoperable standard for writing and sharing chemical recipes, developed by the University of Glasgow team. A number of the scientific concepts detailed in this paper make up a critical part of DeepMatter's commercial strategy.

 

DeepMatter has used its own universal and interoperable standard for writing and sharing chemical recipes as part of its DigitalGlassware™ platform. Currently, the platform allows experiments to be accurately and systematically recorded, coded and entered into a shared data cloud. It is designed to enable scientists to work together effectively, sharing the details of their experiments in real time from anywhere so that work is not needlessly duplicated, time and money wasted, and ultimately so that new discoveries may be made faster.

 

DeepMatter's long term goal is to use DigitalGlassware™ to control robotics and to ultimately progress towards a commercially viable Chemputer™. In 2017, as part of its strategy to build its commercial market presence for the digitization of chemistry, DeepMatter registered the trademark for the Chemputer™ brand.

 

The full scientific Paper, 'Organic synthesis in a modular robotic system driven by a chemical programming language' can be found at www.sciencemag.org

 

Mark Warne, CEO of DeepMatter, commented:

 

"We are very pleased to see the work of our founding scientific director published in Science today.  The recognition of such an esteemed publication demonstrates the significance of both the University of Glasgow's important research and our work here at DeepMatter, translating these advances into a commercially viable strategy.

 

"We believe that these developments can truly disrupt the way in which process and discovery chemistry is carried out today, bringing huge financial benefits to those working in these industries. We are very pleased to have the first stage of the DigitalGlasswareTM launch underway and look forward to continuing to educate chemists worldwide as to the benefits of using the platform."

 

For further information:

 

DeepMatter Group plc	T:   0141 548 8156
Mark Warne, Chief Executive Officer
Stockdale Securities Limited	T: 020 7601 6100
Tom Griffiths Edward Thomas
Alma PR Caroline Forde Rebecca Sanders-Hewett Susie Hudson	T: 020 3405 0209 [email protected]

 

About DeepMatter:

 

DeepMatter's long term strategy is to integrate chemistry with technology, thereby enabling a greater use of artificial intelligence and reaching a point where chemicals can be autonomously synthesised through robotics. In the near term this involves the provision of an integrated software, hardware and artificial intelligence enabled platform, DigitalGlassware™, to scientists across research and process development sectors.

 

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

 

More information is available here: http://www.deepmattergroup.com

 

 

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

 

END

 

 

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RNS Number : 8290I

FireAngel Safety Technology Group

29 November 2018

FireAngel Safety Technology Group plc

("FireAngel" or the "Company")

 

Contract win

 

FireAngel (AIM: FA.), one of Europe's leading developers and suppliers of home safety products, announces that it has signed a contract to supply Glasgow-based Queens Cross Housing Association with over 12,000 battery powered smoke and heat alarms.

 

The smoke alarms and heat alarms will be installed in over 3,500 properties across the city centre ahead of the Scottish Government's anticipated legislative changes, which are expected to be introduced in 2019. Under the new legislation, all homes will require sealed long-life battery or mains wired alarms that are interlinked, with one functioning smoke alarm in the room that is frequently used by the occupants in the daytime, one functioning smoke alarm in every circulation space on every floor, and one heat alarm in every kitchen. A carbon monoxide alarm will also need to be fitted in each room with a carbon-fuelled appliance or flue.

 

The Wi-Safe 2 wireless interlink alarms from FireAngel ensure that each property achieves constant compliance through the use of interlinked alarms installed in the kitchen, hallway and living room.

 

The alarms will be installed by Queens Cross Housing Association's maintenance team over an eighteen-month period, with additional FireAngel carbon monoxide alarms also being installed in properties where there is a carbon-fuelled appliance or flue present.

 

Jim Williams, Maintenance Manager at Queens Cross Housing Association, said: "We have used FireAngel's carbon monoxide alarms in the past, so we know the quality and durability of the brand well. Following the Government's legislative updates, it is vital that we ensure that we are providing every single tenant with the highest level of protection, which we can easily achieve with FireAngel's range of interlinked alarms."

 

Neil Smith, Group Chief Executive of FireAngel, commented: "We are delighted to be providing Queens Cross Housing Association with our range of interlinked alarms. Our Wi-Safe 2 alarms are designed to provide the highest level of protection at all times and ensure compliance with the imminent new legislative changes requiring interlinked alarms in all properties."

 

 

For further information, please contact:

 

FireAngel Safety Technology Group plc	02477 717 700
Graham Whitworth, Executive Chairman
Neil Smith, Group Chief Executive
Stockdale Securities Limited	020 7601 6100
Tom Griffiths
Vigo Communications	020 7390 0233
Jeremy Garcia / Fiona Henson / Charlie Neish

 

 

 

Notes to Editors

 

About FireAngel Safety Technology Group plc ("FireAngel")

 

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

 

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

 

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

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

 

END

 

 

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RNS Number : 9630H

EU Supply PLC

21 November 2018

 

RNS Reach

21 November 2018

EU Supply plc

("EU Supply", the "Company" or the "Group")

 

Contract Wins in Germany

 

EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce that it is continuing to gain sales traction in Germany. This follows further improvements of the Company's approach with sales agents in Germany and the recent appointment of an in-house application consultant.

 

As a result, EU Supply has signed two further contracts in Germany, one with a local authority and one with a procurement consultancy specialising in supporting local authorities in defined categories.

 

In addition, EU Supply has also agreed on a rapid piloting programme with one of the seven county councils ("Bezirks") in the State of Bavaria, using the CTMTM  platform for managing tenders in works categories. Implementation has already started.

 

Thomas Beergrehn, CEO of EU Supply, commented:

"I am pleased to see continued growth, particularly with new clients in Germany. Demand seems to be unrelated to the EU Directives. We continue to believe that there is further potential for strong growth with new clients going forwards."

 

FURTHER ENQUIRIES

EU Supply PLC Tel: 020 7127 4545 Thomas Beergrehn, CEO   Fredrik Wallmark, CFO       Stockdale Securities Tel: 020 7601 6100 Tom Griffiths, Ed Thomas

 

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 e-sourcing, 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. On 25 May 2018, the Company announced that it had raised a further £600k (before expenses) through a placing and subscription of new shares.

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

 

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RNS Number : 0395I

1PM PLC

21 November 2018

 

 

 

21 November 2018

1pm plc

 

Leasing Life Award

 

1pm voted UK SME Champion at The 2018 Leasing Life European Annual Conference and Awards

 

1pm plc, the AIM listed specialist finance provider, is pleased to announce that it has been voted SME Champion – UK by a Panel of Asset Finance Industry Experts at the prestigious 2018 Leasing Life European Annual Conference and Awards Ceremony, held last week in Tallinn, Estonia. The Conference and Awards Ceremony, now in its fifteenth year, recognises the achievements of the European Asset Finance industry in 2018 across a number of categories.

 

The SME Champion Award recognizes those UK-based asset finance lenders who directly engage in supporting the SME market as a whole. The judging Panel were seeking a business with a demonstrable interest in SME markets beyond the provision of finance, combined with clear endorsements from clients, consistent business growth and an ongoing commitment to the SME market, citing specific examples of creative funding solutions and addressing SME market demands in imaginative and innovative ways.

 

Ian Smith, CEO, commented:

 

"At 1pm, we pride ourselves on the strength of our client relationships, the quality and flexibility of our service and our longstanding support of the UK SME Sector. Our business model and suite of financial products have been specifically developed and significantly expanded over recent years to serve this market sector. We believe this award goes a long way to vindicating our strategy and we are delighted to receive it."

 

 

 

For further information, please contact:
1pm plc
Ian Smith, Chief Executive Officer	01225 474230
James Roberts, Chief Financial Officer	01225 474230
Walbrook PR	0207 933 8780
Paul Vann	07768 807631
	[email protected]

 

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

 

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RNS Number : 9670H

Plant Health Care PLC

21 November 2018

 

 

 

21 November 2018

PLANT HEALTH CARE plc

 

("Plant Health Care" or the "Company")

 

Plant Health Care ProAct® Wins Top Industry Award from Agrow 

 

Plant Health Care®, a leading provider of novel patent-protected biological products to global agriculture markets, is pleased to announce ProAct was named Best New Biological Product on 12th November in London at the Agrow Awards. 

 

Highlights:

–     ProAct (Harpin ab) has been recognised as Best New Biological Product at the Agrow Awards, a prestigious global industry event

–     Research has shown how ProAct works to improve citrus quality, leading to increased production of export quality fruit

–     Plant Health Care is leveraging these results to drive sales into citrus and other fruits into export fruit markets in the Americas and Africa

 

ProAct, which is based on Harpin ab, improves the quality of fruit, so that more are graded for export, thereby increasing returns to growers.  Research at Instituto Valenciano de Investigaciones Agrarias, in collaboration with Plant Health Care, showed that ProAct stimulates the mobilisation of calcium in the plant cell wall of citrus fruits, leading to a stronger peel, which is less susceptible to fruit splitting.  Moreover ProAct, as a biological product, is certified for residue free fruit and vegtables.

 

Angel Marin, General Manager of Plant Health Care España S.A., received the award on behalf of the Company.

 

Harpin ab, the active ingredient in ProAct, has been used on over 13 million acres on multiple crops.  Sales have been growing at over 20% a year for the past 5 years.

 

Chris Richards, Executive Chairman and Interim CEO of Plant Health Care noted: "This award is recognition that Plant Health Care, as a science-based company, can bring new benefits to growers with low toxicity, biological products.  We now plan to take these results from Spain into other key citrus growing areas, such as Florida, South Africa and North Africa."

For further information, please contact:

 

Plant Health Care plc

Chris Richards, Executive Chairman and Interim CEO                      Tel: +1 919 926 1600

Jeff Tweedy, COO

 

Arden Partners plc – Nomad and Broker
John Llewellyn-Lloyd / Dan Gee-Summons                                       Tel: +44 (0) 20 7614 5900

 

IFC Advisory – Financial PR

Graham Herring / Miles Nolan / Zach Cohen                                     Tel: +44 (0) 20 3934 6633

 

 

Company website: www.planthealthcare.com

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

 

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