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Proactive news headlines: XLMedia, Ceres Power, Capital Ltd, Directa Plus…


XLMedia PLC (LON: XLM) said it has agreed to buy the business and assets of Sports Betting Dime (SBD) for about US$26.0mln (£18.5mln), enhancing its market position in the rapidly growing regulated US sports betting market.

Optibiotix PLC (LON:OPTI) has reduced its stake in AIM-listed former subsidiary SkinBioTherapeutics PLC (LON:SBTX) through the sale of 2mln shares. Following the disposal, OptiBiotix’s holding in SkinBioTherapeutics has reduced to 36,138,569 shares representing 23.2% of the issued share capital.

Keywords Studios PLC (LON:KWS) has entered the Australian market after the video game services firm unveiled its acquisition of a controlling stake in Melbourne-based group Tantalus Media.

Cornerstone FS Plc has announced plans to raise £2.2mln in its IPO, which would value the fintech company at £12.3mln.

Ceres Power Holdings PLC (LON:CWR) said it has raised £181mln to accelerate the development of its solid oxide electrolysis and fuel cell technology. In another separate release after Wednesday’s close, the hydrogen-focused company reported revenues and other income of £33mln for the 18 months to 31 December, 2020.

Supermarket Income REIT PLC (LON:SUPR) has increased the target size of its equity fundraising to £150mln amid a strong level of support from potential investors and an increase in attractive investment opportunities.

Capital Ltd (LON:CAPD) lifted its final dividend 86% as it reported a net cash balance of $5.0mln at its December year after 12 months where revenue and profit both grew strongly. Management said the Africa-focused mining services firm is experiencing some of the most positive trading conditions in its history.

SIMEC Atlantis Energy Ltd (LON:SAE) announced that it has received a second tranche investment of £2mln from a subscription to be made by way of a prepayment for ordinary shares under a share placement deed announced in December. Subsequent application will be made to the London Stock Exchange in due course for any ordinary shares issued and allotted in relation to the prepayment to be admitted to trading on AIM. Such ordinary shares will only be issued to the extent that the energy company has corporate authority to do so. The proceeds will be used to take advantage of investment opportunities across the firm’s tidal energy, Uskmouth conversion, energy pellet, hydro and sustainable infrastructure project portfolio.

Cloud-based editing software developer Blackbird PLC (LON:BIRD) has been enlisted by news and sports group LiveU to “speed up the production process and engage viewers with enriched live and video-on-demand content”.

FastForward Innovations Ltd (LON:FFWD) said Yooma Wellness , in which it holds an 8.95% interest, has got its foot in the door at retailer Holland & Barrett. The retailer is to stock Yooma’s MYO Plant Nutrition brand.

Tissue Regenix PLC (LON:TRX) said the initial phase of its expansion at a site next to its existing operation in San Antonio, Texas, is complete.

Plant Health Care PLC (LON:PHC) said it intends to raise up to US$10mln via a placing and subscription at a price of 14p per share. It said the funds will be used to invest in the development of its PREtec product and accelerate new product launches, making hirings to support accelerated growth, and strengthen the balance sheet.

Ariana Resources PLC (LON:AAU) said drilling has started on the copper-gold Magellan project in Cyprus.

Thor Mining PLC (LON:THR, ASX:THR, OTCQB: THORF) said three priority targets have been identified for drilling at its Wedding Bell and Radium Mountain uranium-vanadium project in Colorado.

Bahamas Petroleum Company PLC (LON:BPC) highlighted multiple value drivers as it updated investors on its preparations for drilling in Trinidad and Suriname.

Genel Energy PLC (LON:GENL) highlighted its growth prospects and confidence in ‘material and sustainable dividend distribution’ as it provided its financial results for 2020.

KR1 PLC (LON:KR1) said it has appointed Mona Elisa, a former star trader at Goldman Sachs, as a non-executive director of the company.

Directa Plus PLC (LON:DCTA) said trading has been strong so far in 2021, with revenues in the first quarter expected to be some 20% higher year-on-year at roughly €1.8mln.

Sureserve Group Plc (LON:SUR) said it is beginning the formal process to appoint a new independent non-executive chairman and a new chief executive amid a board reshuffle.

ADES International Holding PLC (LON:ADES) said it is today posting a circular and notice of an extraordinary general meeting of the company to decide whether or not to accept last week’s US$516mln offer from Innovative Energy. The meeting will be held on Monday 12 April 2021 at 2pm (4pm Cairo time) at the ADES premises in Sheikh Zayed City, Egypt, and the circular will be made available on the company’s website:

S&U PLC’s (LON:SUS) chairman, deputy chairman finance director and the chief executive of Advantage Finance will provide a live presentation of the company’s full year results for the year ended 31 January 2021 via the Investor Meet Company platform on 31 March 2021 at 3.30pm. Questions can be submitted in advace by existing and potential shareholders.

SDX Energy PLC (LON:SDX) will host a retail investor call on Monday 22 March at 3pm, to present the full year results for 2020, followed by a Q&A with chief executive Mark Reid and chief financial officer Nick Box. Investors that wish to receive the conference call details are advised to contact the company’s financial PR advisers Camarco at the following address: [email protected].

JD Wetherspoon to feel the cash burn

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