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RNS Number : 6822N

React Group PLC

01 February 2016

 

1 February 2016

REACT Group plc

("REACT" or the "Company")

Asbestos Removal Licence obtained

 

 

REACT Group plc (AIM: REAT), the specialist provider of rapid response deep cleaning and emergency decontamination services, is pleased to announce the following, subsequent to the announcement dated 17 November 2015 concerning the establishment of REACT Environmental Services Limited.

 

REACT Environmental Services Limited, having now achieved a Full Asbestos Removal Licence on 26 January, is now in a position to provide new and existing Clients an enhanced range of services.

 

Grahame Rummery, Chief Executive, commented : "With this new Licence, and linked to its Sister Companies, REACT Specialist Cleaning and REACT Occupational Hygiene Services, REACT Group Plc now has an excellent offering to its Market Places for the removal and Encapsulation of Asbestos and full Reinstatement.

 

We envisage that this new development will enhance the revenue streams of the Group going forward."

 

ENDS

 

For further information, please contact:

 

REACT Group plc

 

Gill Leates – Chairman                                                                                              07799 662642        

SPARK Advisory Partners Limited

 

Neil Baldwin                                                                                                            0113 370 8974

Mark Brady                                                                                                             0113 379 8971

 

~ Ends ~

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RNS Number : 1043M

Falcon Acquisitions Limited

18 January 2016

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.

 

For Immediate Release

18 January 2016

Falcon Acquisitions Limited

("Falcon" or the "Company")

 

Admission to Trading and First Day of Dealings

 

Falcon Acquisitions Limited is pleased to announce that its entire issued ordinary share capital consisting of 20,375,100 Ordinary Shares of £0.01 each (the "Ordinary Shares") will today be admitted to the standard segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities (together, the "Admission"). Dealing will commence at 8:00 a.m. under the TIDM code "FAL" (ISIN: GG00BYTLL975).

 

Highlights

 

·     Targeting acquisitions in the mobile, online television and broadcasting sectors with particular focus on the fast growing over-the-top content ("OTT") market – intention is to acquire controlling stakes, which will allow the Company to implement a strategy to generate substantial value for shareholders

 

·     OTT is a rapidly growing market which involves delivering media content, such as audio and video, either over the open internet without a multiple-system operator or via an internet enabled device – smart televisions with a broadband connection, phones, tablets, and set top boxes

 

·     Strong growth expected to continue – according to July 2015 whitepaper by MTM Research entitled "Prospects for Premium OTT in the USA: A snapshot of industry perspectives on the evolution of the market" (the "2015 Report") and Juniper Research Ltd:

 

o  US premium OTT market (excluding Amazon Prime Instant Video) grew at a compound annual growth rate of 36% between 2011 and 2014 and was worth US$4 billion in 2014

 

o  40.3% of US TV households subscribed to at least one premium OTT service by end of 2014

 

o  Structural growth drivers include: increased penetration of broadband and devices such as tablets and smartphones; increased willingness of consumers to pay for content; OTT undercuts more established pay-TV services; a wealthy and scalable US market, a world leader in technology and media; the success of Netflix which has stimulated competition

 

o  Global OTT subscription numbers and market forecast to grow to 332.2 million (2014: 92.1 million) and US$31.6 billion (2018: US$8 billion) by 2019

 

·     Total Net Proceeds available to the Company following a Subscription of New Ordinary Shares to investors and the Founder are £1,730,009 which will be used for general corporate purposes, due diligence costs and other costs associated with sourcing, reviewing and pursuing acquisitions

 

·     The Board, comprising Gert Rieder (Executive Chairman), Mark Gustafson (Non-Executive Director), and William Kennish (Non-Executive Director), collectively has a proven track record of raising money for listed entities, making substantial acquisitions, and operating and growing a wide diversity of businesses, and has collectively subscribed for 450,000 shares on Admission

 

Gert Rieder, Falcon's Chairman, said "OTT is a fast growing market which is transforming the way millions of us access media content both in our homes and via mobile devices.  This is due to a compelling combination of technological advancements, competitive pricing, enhanced flexibility compared to other competing systems, and the growing willingness of consumers to pay for content.  Despite the strong growth seen to date, we believe there is significant room for additional growth and as the 2015 Report above demonstrates, we are not alone.  With a management team in place which has a proven track record in building businesses in a variety of industries including telecommunications, media and technology, both organically and through acquisitions, we are highly confident we can do the same with Falcon and in the process generate substantial value for investors.  I look forward to providing updates on our progress in due course."

 

The Prospectus published by the Company on 13 January 2016 in connection with the Admission can be found at www.falconacquisitions.com.

 

Defined terms in this announcement shall have the same meanings as in the Prospectus.

 

STATISTICS

 

ADMISSION STATISTICS

 

Total number of Ordinary Shares unconditionally issued pre-Admission	4,375,100
Total number of Subscription Shares issued conditional on Admission	16,000,000
Total number of Ordinary Shares in issue on Initial Admission	20,375,100
Estimated costs in relation to incorporation, the Founder Subscription, the Subscription and Initial Admission	£220,000
Estimated Net Proceeds receivable by the Company	£1,730,000
Market capitalisation of the Company at the Subscription Price on Initial Admission	£2,037,510

 

 

Directors

Gert Rieder, Executive Chairman

(born 2 June 1962 aged 53)

 

Mr Rieder, who is based in Denmark, has over 20 years of experience as a senior executive and consultant building companies, markets and revenues globally while heading up start-ups, advising on board positions, and leading business development and growth for companies and customers in Scandinavia, Europe and the Middle East. After graduating from Aarthus School of Business, Mr Rieder joined leading telecom provider Tele Danmark where he took on a series of commercial roles finally becoming a Product Director. He then moved to a telecom start-up Sunrise Communications in Switzerland where he joined as Chief Commercial Officer and was later promoted to Chief Operating Officer leading the product roadmap activities and successfully developing the initial product launch plan. At Danish TDC Fixnet Nordic he served as Executive Vice President and Member of Executive Board focusing on restructuring the organisation with emphasis on strengthening customer service and sales operation. He was also responsible for optimisation of distribution channels by redefining a nationwide chain of retail shops and call centres. He was also a Deputy Chief Executive Officer of Vopium, a global voice over internet protocol player, helping to prepare the company for listing on Euronext Paris. Mr Rieder also served as Chief Executive Officer of Batelco in Bahrain one of the leading telecom providers in the Middle East and Africa region and as Chief Executive Officer for Comendo Group, the leading provider of cloud-based IT-security solutions in Scandinavia – both publicly listed companies that focused on acquisitive growth.

 

Currently Mr Rieder is a non-executive director of Challenger Acquisitions Limited, a company listed on the London Stock Exchange that is focused on the attractions sector. In this role, he is responsible, together with his colleagues, for sourcing, negotiating and executing appropriate investment or acquisition opportunities. Mr Rieder is highly experienced in consumer marketing having built his career creating and selling products and services.

 

Mark Garland Gustafson, Non-executive Director

(born 23 November 1959 aged 55)

 

Mr Gustafson is a Canadian based Chartered Accountant with over 30 years of experience in building public and private companies and arranging financing either as a senior executive or through his personal consulting company, M.G.G. Consulting. Over the span of his career he has been actively involved in numerous corporate acquisitions directly participating in debt and equity fund raisings totalling over 200 million Canadian dollars ("CAD"). After qualifying as a Chartered Accountant with Price Waterhouse, Mr Gustafson joined EnServ Corporation where he spent 6 years helping to build the company through various acquisitions into a sizable energy services company, which in 1996 was acquired for CAD 229 million by Precision Drilling Corporation. Mr Gustafson then served as President and Chief Executive Officer of Total Energy Services Ltd, a Toronto Stock Exchange listed company providing oilfield rental services, for which he raised CAD 25 million.  He also served as Chairman and Chief Executive Officer of Triangle Petroleum Corporation where he helped to lead active exploration shale plays in North America and to raise over USD 84 million in convertible and equity instruments. More recently Mr Gustafson held the position of President and Chief Executive Officer of Euromax Resources Ltd. where he was responsible for securing funding of CAD 18 million to advance gold and base metal projects in Serbia, Macedonia and Bulgaria. Previously Mr Gustafson served as Chairman of Tuzo Energy Corporation, overseeing an unconventional oil and gas company and helping to raise CAD 50 million in private equity funding to advance this project.

 

Currently Mr Gustafson is Chief Executive Officer of Challenger Acquisitions Limited (and director of several subsidiaries of Challenger Acquisitions Limited), a company listed on the London Stock Exchange that is focused on the attractions sector. He is also a director of the Founder. In both of these roles, Mr Gustafson is responsible, together with his colleagues, for sourcing, negotiating an executing appropriate investment or acquisition opportunities. Mr Gustafson is experienced in successfully developing and growing start-up businesses through focused acquisitions into commercially viable companies.

 

William Clark Kennish, Non-executive Director

(born 26 May 1966, aged 49)

 

Mr Kennish is a London based investment banker and adviser who has specialised in the Telecoms, Media and Technology space for over 20 years. Since 2013, he has been a managing director of TAP Securities, where he advises on transactions in the Telecoms sector, which continues to be his principal activity. Prior to joining TAP, Mr Kennish was a Senior Managing Director and Head of the Europe, Middle East and Africa TMET investment banking practice at Macquarie Capital in London. From 2006 until 2010, he was a Managing Director and Head of the EMEA TMT investment banking group at Citi. During his career, Mr Kennish has extensive experience in telecoms M&A and capital raising and has advised on a variety of landmark transactions in the sector.

 

Mr Kennish graduated magna cum laude from Harvard College in 1989 with a degree in history and economics and received an MBA from the Amos Tuck School at Dartmouth College in 1994.

 

**ENDS**

 

For more information visit www.falconacquisitions.com or contact:

 

Falcon Acquisitions Limited
Gert Rieder	+43 51 52 30 00
St Brides Partners Ltd (PR)
Lottie Brocklehurst, Frank Buhagiar	+44 (0) 20 7236 1177

 

 

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RNS Number : 8082L

Armstrong Ventures PLC

14 January 2016

 

Armstrong Ventures plc

 

("Armstrong" or the "Company")

 

 

Investment in MelodyVR

14 January 2016

 

The board of Armstrong is pleased to announce that it has agreed to invest £212,500 in MelodyVR Ltd ("MelodyVR") by means of secured convertible loan notes ("Loan Notes"). MelodyVR is developing a premium music service and specialises in creating immersive virtual reality ("VR") music experiences.

MelodyVR was established in 2015 to create virtual reality content by capturing live music performances. Virtual reality is a term used to describe a three dimensional environment which can be explored and interacted with by a user. VR content created by MelodyVR will be viewed using VR headsets that are currently being developed by a number of technology companies including Oculus (owned by Facebook), HTC, Google, Sony and Samsung, providing users with an immersive 360 degree experience.

MelodyVR has developed its own technology for the recording and live streaming of music performances. MelodyVR plans to make live and recorded music content available to users via its own app and third party VR platforms. It is intended that the MelodyVR app will be deployed across Oculus Rift, Android, iOS, Samsung Gear VR, HTC Vive, Playstation VR and other platforms. MelodyVR has entered into a number of exclusivity agreements with some of the major music festival and event promoters facilitating the filming and live broadcast of music events in a virtual reality format. It is intended that the MelodyVR app will be launched in 2016.

The Loan Notes bear interest at a rate of 10% per annum and are repayable on or before 31 March 2017. The Loan Notes may be converted at the option of Armstrong into equity shares in MelodyVR on 31 March 2017 or earlier upon the sale or listing of MelodyVR or upon the raising of equity finance by MelodyVR.

–ENDS-

 

For further information please contact:

 

Armstrong Ventures plc

 

Sean Nicolson

avp@nicolsons.eu

 

 

Cairn Financial Advisers LLP (Nomad)

 

Sandy Jamieson/James Caithie        

Tel: +44 20 7148 7900

 

 

Peterhouse Corporate Finance Limited

 

Eran Zucker/Lucy Williams 

Tel: +44 20 7469 0930

 

 

 

 

 

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RNS Number : 8061L

First Derivatives PLC

14 January 2016

 

14 January 2016

 

First Derivatives plc

("FD" or the "Group")

 

FD signs MOU with Utilismart

 

FD (AIM: FDP.L, ESM: FDP.I), a leading provider of software and consulting services, announces that it has signed a Memorandum of Understanding with Utilismart Corporation, a meter data management and analytics company with more than 100 clients including electricity, water and gas utilities across North America. The MOU is expected to lead to an agreement to use the Group's Kx technology for sensor analytics in conjunction with Utilismart's suite of smart grid software applications, to support the management of Utilismart's customers' meter and sensor data, including data collection, processing and analytic services for engineering, operations, customer service, metering and billing.   

 

Under the proposed agreement, FD will provide the Kx technology and related infrastructure to complement Utilismart's existing solution. This will significantly enhance Utilismart's ability to serve this high growth segment immediately and keep pace with new customer demand related to the Internet of Things connected to utility infrastructure. It will be delivered as a Cloud-based solution and is expected to be installed by Q3 2016 with FD being remunerated on a monthly recurring revenue share basis for additional meters installed.

 

Utilismart selected the Kx-based solution following detailed evaluation of competing solutions and their ability to capture, store and manipulate big fast data sets. When implemented, the system will provide a significant installed user base for the Group's sensor data platform.

 

John Avdoulos, President, Utilismart, commented: "Utilities are changing and the utilities of the future will look dramatically different from utilities of today. As more sensors and devices are deployed and as the utility is transformed, the marriage of Utilismart's Online Data Solution and FD's Kx technology for sensor analytics will revolutionise how utilities use data."

 

Brian Conlon, Chief Executive Officer of FD, commented: "We are delighted to partner with Utilismart and look forward to delivering innovative solutions to its existing and new utility customers. This is a landmark agreement for FD in further propagating the Kx technology. It further evidences our belief that our technology is ideally suited for the processing and analysis of sensor data and will provide reference clients across the Internet of Things, electricity, water and gas industries."

 

 

Enquiries

For further information please contact:

First Derivatives plc Brian Conlon, Chief Executive Officer Graham Ferguson, Chief Financial Officer Ian Mitchell, Head of Investor Relations	+44(0)28 3025 2242 www.firstderivatives.com
Investec Bank plc (Nominated Adviser and Broker) Dominic Emery Carlton Nelson Sebastian Lawrence	+44 (0)20 7597 4000
Goodbody (ESM Adviser and Broker) Linda Hickey Finbarr Griffin	+353 1 667 0420
Walbrook PR Paul Cornelius / Nick Rome / Helen Cresswell / Sam Allen	+44 (0)20 7933 8780

 

About FD

FD is a global technology provider with 20 years of experience. The Group's Kx technology is used by some of the world's largest finance, technology and energy institutions. FD employs over 1,500 people worldwide and has operations in London, New York, Stockholm, Singapore, Hong Kong, Tokyo, Sydney, Palo Alto, Toronto, Philadelphia, Dublin, Belfast and its headquarters in Newry.

 

For further information, please visit www.firstderivatives.com

 

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RNS Number : 8143L

LightwaveRF PLC

14 January 2016

 

14  January 2016

LightwaveRF Plc

(AIM: LWRF)

 

                                            Licence Agreement and first order for Australian market

 

LightwaveRF plc ("LightwaveRF" or the "Company"), the creator of the LightwaveRF Smart Home Platform and products for the Internet of Things enabling households and businesses to remotely operate and control  lighting, power, heating and security using smartphones, tablets, PC and Mac applications, announces it has signed a technology licence agreement with Powerdiverter and has received a first order for the Australian market.

 

The Powerdiverter helps owners of renewable energy systems such as solar PV, divert spare energy to their water heater, optimising the usage of excess electricity.  Powerdiverter will build LightwaveRF technology in to its Powerdiverter controller unit to communicate directly with the LightwaveRF Link.  Consumers will be able to use the LightwaveRF App to decide where to divert surplus generated electricity using connected sockets and switches for maximum payback and convenience. A licence fee will be payable for each Powerdiverter product that is LightwaveRF-enabled.

 

Powerdiverter Australian distributor, Apricus, will begin to sell associated LightwaveRF products with the Powerdiverter unit. A first order for an initially limited range of LightwaveRF products of USD 250,000 (£175,000) has been placed which brings the Company's current order book to over US$1.7m (c£1.2m).

 

Mike Lord, LightwaveRF's CEO, commented: "This is our first licence deal which gives added benefits to the growing LightwaveRF customer base.  It also adds Australia to the LightwaveRF map."

 

Daniel Lawes, Power Diverter's Managing Director, added: "We have been very impressed with the reliability and ease of use of LightwaveRF technology compared with other possible technology partners.  There are over 600,000 Solar PV installations in the UK and 1,000,000 in Australia for which the Powerdiverter/LightwaveRF product combination is very compelling."

 

 

 

For further information:

          

Contacts:
LightwaveRF Plc	www.lightwaveRF.com
Mike Lord, CEO Tom Sykes, 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 : 8157L

Netplay TV PLC

14 January 2016

 

Date:	14 January 2016
On behalf of:	NetPlay TV plc ('the Company') along with its subsidiaries (the 'Group' or 'NetPlay' or 'NetPlay TV')
Embargoed until:	0700hrs

 

 

NetPlay TV plc

Renewed Commercial Airtime Agreement with ITV

NetPlay TV PLC (AIM: NPT), the interactive gaming company, is pleased to announce that the Company has renewed its commercial airtime agreement with ITV for a further three years.

The agreement will see NetPlay extend its partnership with ITV until 2019, and demonstrates NetPlay's commitment to working with terrestrial broadcast channels to drive high levels of customer engagement and acquisition.

NetPlay TV's Jackpot247 has aired late night on ITV in Commercial Teleshopping airtime since 2010, and is broadcast seven days a week.

Bjarke Larsen, CEO of NetPlay TV, said:

"I am delighted to announce the continuation of what will now be nearly a decade long partnership with ITV. We look forward to working with them over the coming years, and continuing the TV focussed business model.

"TV continues to be NetPlay's USP and at the core of our strategy. The combination of engagement through TV with the development of our mobile platforms is driving customer acquisition and retention. By continuous evolution of the production, style and format of our shows we ensure that NetPlay remains at the forefront of interactive gaming."

William van Rest, Director of Commerce & Ventures at ITV, said:

"We are pleased to continue working with NetPlay TV and Jackpot247. This new deal sees the commercial partnership which started in 2010 extend through to 2019 and we look forward to seeing new innovations coming through."

 

Enquiries:

NetPlay TV plc	www.netplaytv.com
Bjarke Larsen, Chief Executive Officer   Akshay Kumar, Group Finance Director	Via Redleaf
Redleaf Communications	Tel: 020 7382 4730
Rebecca Sanders-Hewett Sarah Fabietti Susie Hudson	netplay@redleafpr.com
Shore Capital (Nominated Adviser and Broker)	Tel: 020 7408 4090
Stephane Auton Edward Mansfield

 Notes to Editors:

About NetPlay TV plc

NetPlay TV plc is admitted to trading on the AIM market of the London Stock Exchange (NPT). The Group operates a number of interactive gaming services under a UK remote operating license and Alderney gaming license, including SuperCasino.com, Jackpot247.com and Vernons.com. Its TV services can also be viewed 24 hours a day live on Sky Channel 862, and every evening on ITV and Channel 5.

The Company is focused on the delivery of a converged interactive gaming experience allowing its players to interact with its games on a variety of platforms, TV, internet, mobile and tablet from a common integrated wallet.

 

 

 

 

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RNS Number : 6652L

Vela Technologies PLC

13 January 2016

 

13 January 2016

Vela Technologies plc

("Vela" or the "Company")

 

Update on investment in StreamTV Networks Inc.

The Board of Vela (AIM: VELA), the investing company focused on early-stage and pre-IPO disruptive technology investments, would like to update shareholders on progress at StreamTV Networks Inc. ("StreamTV") following the Consumer Electronics Show (CES) in Las Vegas, where StreamTV exhibited its Ultra-D technology, which allows 3D television to be viewed without the need for glasses and from any angle.

Vela would like to highlight an interview with Raja Rajan, the COO of StreamTV, which updates where StreamTV is with regards to the technology, manufacturing and market opportunities.

The interview can be listened to at: http://www.bootcamp.com/interview.jsp?interviewId=2526 

In summary, StreamTV is now in a position to confirm that, in conjunction with Pegatron, the Asia-based designer and manufacturer to companies like Apple, Microsoft and various major TV brands, StreamTV's products are currently in production and it is expected these will be shipped from this month to customers.

For consumers the technology is planned to be affordable and natural, with the degree of 3D adjustable to suit individual needs just like a volume control. The technology will also enable consumers to convert 2D content to 3D. The ability to do this opens up the possibility of using the technology at live events for the immediate conversion of 2D to 3D.

Vela made a minority investment of $100,000 in StreamTV in October 2013 by way of a convertible loan note. The loan notes accrued interest at the rate of 12% annually until 31 December 2014 and are currently accruing interest at the rate of 13% annually. The final maturity date on the loan notes is 1 August 2016.

Antony Laiker, Executive Director of Vela, made the following statement:

"Vela is delighted to be able to update shareholders on progress at StreamTV. The board of Vela believe that this product is truly disruptive and transformational. It addresses two major issues. Firstly, 3D technology is not all about things jumping out of screens at the viewer. Secondly, the conversion of 2D to 3D resolves the issue of there not being sufficient product. In summary, this technology offers a 'natural' viewing of content in 3D at home and enhances that content in a way not previously available."

For further information please contact:

Vela Technologies plc   Brent Fitzpatrick, Non-Executive Chairman Antony Laiker, Director       Tel: +44 (0) 7802 262 443   Allenby Capital Limited (Nominated Adviser)   Nick Athanas/Katrina Perez/James Reeve   Vicarage Capital Limited (Broker) Rupert Williams/Jeremy Woodgate       Tel: +44 (0) 20 3328 5656       Tel: +44 (0) 20 3651 2910

 

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RNS Number : 5189L

First Derivatives PLC

12 January 2016

 

12 January 2016

 

First Derivatives plc

("FD", the "Company" or the "Group")

 

FD acquires QuantumKDB

 

FD (AIM: FDP.L, ESM: FDP.I), a leading provider of software and consulting services, announces that it has acquired the entire issued share capital of QuantumKDB (UK) Limited ("Quantum") for total consideration of up to £2.2m. The acquisition provides the Group with complementary consultancy expertise to support the growth of its Kx business and is expected to be earnings enhancing in the first full year following acquisition*.   

 

Acquisition rationale

 

Quantum was founded in 2011 by its CEO Kieran Lucid and provides Kx consulting in the UK, US and Hong Kong. The majority of its clients operate in capital markets and the acquisition will strengthen the Group's relationship with certain key clients as well as adding to the existing customer base. Quantum has a total of 15 consultants with strong experience in Kx technology. In its latest financial year to 13 September 2015, Quantum reported profit before tax of £0.3m and had net assets of £0.25m at acquisition.

 

Terms of the Acquisition

 

The initial consideration for the acquisition is £1.7m of which £0.6m is payable in cash and £1.1m is payable through the issue of 72,940 new ordinary shares in FD (the "Consideration Shares").  Deferred consideration of up to £0.5m is payable on the achievement of certain targets on the 12 month anniversary of the acquisition.

 

Application has been made for the 72,940 Consideration Shares to be admitted to trading on AIM and ESM and it is expected that admission will take place on 15 January 2016. The Consideration Shares will rank pari passu with the Company's existing ordinary shares in issue. Following this allotment, the total issued share capital of the Company will increase to 23,921,972 ordinary shares.

 

Kieran Lucid, Chief Executive Officer of Quantum, commented: "As the home of Kx technology, FD is a natural fit for us. We are joining at a time of rapid expansion in the Kx client base across industry sectors, as more and more clients appreciate the benefits of this technology that has dominated capital markets for more than 10 years. We are excited about drawing on the expertise we've gained to assist the Group in its ambitious plans for the future."

 

Brian Conlon, Chief Executive Officer of FD, commented: "We are experiencing increasing demand for Kx skills from existing and potential customers and the acquisition of Quantum will add to our existing capabilities and support our growth plans. We welcome its staff to the Group."

 

*This statement does not constitute a profit forecast.

 

Enquiries

For further information please contact:

First Derivatives plc Brian Conlon, Chief Executive Officer Graham Ferguson, Chief Financial Officer Ian Mitchell, Head of Investor Relations	+44(0)28 3025 2242 www.firstderivatives.com
Investec Bank plc (Nominated Adviser and Broker) Dominic Emery Carlton Nelson Sebastian Lawrence	+44 (0)20 7597 4000
Goodbody (ESM Adviser and Broker) Linda Hickey Finbarr Griffin	+353 1 667 0420
Walbrook PR Paul Cornelius / Nick Rome / Helen Cresswell / Sam Allen	+44 (0)20 7933 8780

 

About FD

FD is a global technology provider with 20 years of experience. The Group's Kx technology is used by some of the world's largest finance, technology and energy institutions. FD employs over 1,500 people worldwide and has operations in London, New York, Stockholm, Singapore, Hong Kong, Tokyo, Sydney, Palo Alto, Toronto, Philadelphia, Dublin, Belfast and its headquarters in Newry.

 

For further information, please visit www.firstderivatives.com

 

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RNS Number : 5073L

Fastjet PLC

12 January 2016

 

fastjet Plc

("fastjet" or the "Company")

12 January 2016

 

fastjet takes off in Kenya

 

fastjet (AIM: FJET), Africa's low-cost airline, operated its first flights to Kenya on 11 January 2016, with planes taking off from Dar es Salaam and Kilimanjaro in Tanzania bound for Nairobi's Jomo Kenyatta International Airport.

 

Flights are set to operate daily, with one way fares starting from as low as at USD80 and USD50 respectively, plus tax.

 

fastjet Tanzania was given clearance by the Kenyan government as announced on 23 December 2015 to operate flights between Kenya and Tanzania under the Bilateral Air Services Agreement between the two countries, as previously approved by the Tanzanian Government.

 

Commenting, Ed Winter, Chief Executive Officer of fastjet plc, said: "These inaugural flights are an important milestone in fastjet's development and mark a significant achievement for the Company. We have been working towards the launch of these routes for some time and are excited to be bringing our proven low-cost model to a new destination.

 

"As has been the case when we have previously launched new routes, we expect to stimulate the market as passengers embrace our great value, safety and reliability. Until now, flights between these destinations have been prohibitively expensive for a great number of people; we look forward to bringing the benefits of low-cost air travel to them."

 

 

For more information, contact:

 

fastjet Plc	Tel: +44 (0) 20 3651 6307
Ed Winter, CEO
Rose Herbert, Investor Relations Manager
UK media – Citigate Dewe Rogerson	Tel: +44 (0) 20 7638 9571
Angharad Couch
Eleni Menikou
Nick Hayns
South African media – Tribeca Public Relations	Tel: +27 (0) 11 208 5500
Cian Mac Eochaidh
Kelly Webster

 

For investor enquiries please contact:

 

Liberum Capital Limited – Nominated Adviser and Joint Broker	Tel: +44 (0) 20 3100 2222
Clayton Bush
Christopher Britton
W.H. Ireland Ltd.- Joint Broker	Tel: +44 (0) 20 7220 1666
James Joyce
Mark Leonard
Sanlam Securities UK Limited – Joint Broker	Tel: +44 (0) 20 7628 2200
Simon Clements

 

 

NOTES TO EDITORS

 

About fastjet Plc

 

fastjet Plc is the holding company of the low cost airline fastjet which commenced flights under the fastjet brand in Tanzania in November 2012. fastjet Zimbabwe was successfully launched in October 2015. By adhering to international standards of safety, quality, security and reliability; fastjet has brought a new flying experience to the African market at unprecedented low prices. Utilising its fleet of Airbus A319s, fastjet is implementing the low-cost model across Africa and its long-term strategy is to become the continent's first low-cost, pan-African airline.

 

The results of a customer satisfaction survey showed that 100% of customers were likely to recommend fastjet to a friend. In developing its strong brand and identity, fastjet has won and been nominated for a number of awards, including winning three Transform awards for the rebrand and launch of fastjet, the award for "Brand Strategy of the Year" at 2014's Drum Marketing Awards in London, and the Transport Innovator Award at the 8th Transport Africa Awards 2015 in Johannesburg.

 

fastjet Plc is quoted on the London Stock Exchange's AIM Market.

 

For more information see www.fastjet.com

 

 

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RNS Number : 9405K

APC Technology Group PLC

06 January 2016

 

06 January 2016

 

APC Technology Group PLC

("APC" or the "Group")

 

LED Contract Wins and Full Year Results Announcement Date

 

Minimise Energy: LED Contract Wins

 

The Board is pleased to announce that APC's energy efficiency technologies business, Minimise Energy, has won several major LED Lighting contracts totalling over £1.15m.

 

Imtech Inviron has awarded Minimise Energy a contract to supply and install energy efficient LED lighting at 18 London Fire Brigade fire stations. The contract is part of the first phase of the Brigade's energy efficiency upgrade under the Mayor of London's RE:FIT framework, a programme designed to reduce carbon emissions in Greater London, and will lead to a combined energy saving across all 18 sites of an estimated 385,982kWh. This is one of several new projects recently undertaken with this client.

 

Minimise Energy has also been contracted by existing client Royal Mail Group to supply and install LED lighting solutions at five new sites.  This follows work successfully completed in 2015 and is a further extension of the Group's on-going energy efficiency programme for the client.

 

A substantial new contract has also been awarded by Cofely Energy Services, to supply and install LED lighting at a major London university.  This contract includes three of its largest buildings and is also delivered under the Mayor of London's RE:FIT framework. This is the first LED lighting project delivered working with Cofely Energy Services.

 

Finally, a contract to replace outdated lighting at five key Eastbourne Borough Council buildings, including Eastbourne Town Hall, has been awarded to Minimise Energy by Kier Services. The delivery of this energy efficiency programme, which will cut lighting energy consumption by an estimated 64%, has already commenced.

 

These new contract wins offer significant opportunity for future development and demonstrate the success of the Groups' revised strategy and re-focus following last year's operational review. Significantly, along with existing work streams, all projects will be delivered in the first quarter of calendar 2016.

 

Fiscal Year August 2015 Results Announcement

 

The full year to August 2015 results will be announced on 8 January 2016.

 

 

Richard Hodgson, Chief Executive of APC Technology Group PLC, commented:

 

"I am very pleased to be able to start the New Year with further contract successes for the Group. It is particularly pleasing that these orders are in our refocused and restructured LED business and follow on from those announced in our Water and Distribution divisions before the Christmas break. It's also very encouraging and testament to the hard work of our Minimise Energy team that the new contracts comprise both new and existing customer relationships. We have built an impressive pipeline across a wide customer base and our enhanced processes and procedures will help to ensure the profitability of these contracts for shareholders.

 

"As previously announced, the year to August 2015 was a difficult year for the Group, which the full year results announcement will bring closure to. With the great progress that we have made since then, through the implementation of our operational review and in the business retained and new business won, we are starting 2016 full of confidence."

 

Enquiries:

 

APC Technology Group PLC	01634 290 588
Leonard Seelig, Chairman Richard Hodgson, Chief Executive Officer	www.apc-plc.co.uk
Cantor Fitzgerald Europe Limited (Nominated Advisor and Broker)	020 7894 7000
Andrew Craig / Will Goode / Richard Salmond (Corporate Finance)
Redleaf Communications (Financial PR)	020 7382 4730
Rebecca Sanders-Hewett / David Ison / Susie Hudson

 

This information is provided by RNS

The company news service from the London Stock Exchange

 

END

 

 

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