The provider of telecom, broadband and information technology services in the UK said it has won a major new contract with restaurant group Carluccios.
Tooples Direct Market Services subsidiary will provide secure data connections, local internet breakout and telephony to 30 restaurants, based all over the UK.
9.50am: Investors raise a glass to Vianet's trading statement
The Internet of Things specialist said initial losses in its new financial year had been “well lower than forecast” despite disruption from the coronavirus pandemic.
In an outlook statement accompanying its results for the year ended March 31, chairman James Dickson said the group was “very well equipped to weather this storm and emerge with even stronger customer relationships and growth prospects”, adding that the company was in “good shape” to resume earnings growth.
9.00am: WANdisco jumps after securing a global reseller agreement
WANdisco PLC (LON:WAND) jumped 13% higher to 780p in early trade on Tuesday after it secured a global reseller agreement with a large global systems integrator.
The live data specialist said the unnamed customer will have access to WANdisco's full suite of solutions and use these to build its own data migration practice for moving data at scale into the public cloud.
WANdisco said the agreement is significant as the relationship will encompass and target all major public cloud vendors, and a pipeline of opportunities is immediately being explored following successful deployment in a large-scale customer environment.
Licensing revenue was up 80% over the five months to May 31, 2020, while revenues from its social division were 15% higher.
Gaming Realms said the stronger performance had been underpinned by continued growth in new licensing partners such as new deals with 888casino.com, Sky Betting & Gaming in the UK and Draft Kings in the US state of New Jersey.
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Gaming Realms PLC (LON:GMR) has highlighted “high levels” of growth in its licensing revenues across April and May. In a trading update, the AIM-listed firm said licensing revenue was up 80% over the five months to May 31, 2020, while revenues from its social division were 15% higher. Gaming Realms said the stronger performance had been underpinned by continued growth in new licensing partners such as new deals with 888casino.com, Sky Betting & Gaming in the UK and Draft Kings in the US state of New Jersey.
Inspired Energy plc (LON:INSE) said its board has been encouraged by the performance of the business, which remains cash generative, during the coronavirus (COVID-19) lockdown period as it posted its full-year 2019 results. The consultant for energy procurement, utility cost optimisation and legislative compliance in the UK and Ireland believes it is well-positioned to respond effectively as activity levels continue to recover. The company said its corporate order book, which rose 9% to £57.5mln during 2019, had further increased to £60.1mln by the end of April.
Braveheart Investment Group PLC (LON:BRH) said things are starting to roll in the collaboration between Kirkstall, its investee company, and Animal Free Research UK. The non-animal medical research charity has awarded the first three projects that will use Kirkstall's Quasi Vivo system in research related to the coronavirus (COVID-19). Imperial College London will be modelling early immune responses to SARS-CoV-2 in a fluidic system; the Centre for Sport, Exercise and Life Sciences at Coventry University will investigate obesity, diabetes and COVID-19; and the Johns Hopkins Bloomberg School of Public Health will look into the susceptibility of chronic obstructive pulmonary disease (COPD) and cigarette smoke airway epithelia to SARS-CoV-2.
Amur Minerals Corporation (LON:AMC) has said it is to hold an extraordinary general meeting on June 19, with the main item on the agenda a resolution to increase the number of shares the company is allowed to issue. “The directors remain cognisant at all times of potential mergers, acquisitions or investments which would benefit the company's business,” Amur said in its official notice to the market. “Such potential transactions include acquiring interests in revenue-generating assets or financial instruments within the mining sector to provide the company with a reliable source of income going forward, or where the company will be able to add short to medium-term value.” The proposal is that the company be allowed to increase the number of shares it can issue from 1bn to 2bn.
Zoetic International PLC (LON:ZOE) said it has raised £350,000 by selling stock to an existing individual shareholder. Private investor John Story has increased his stake in the CBD specialist to 5.06% by acquiring 8.75mln share at 4p each. The proceeds will be used to fund the new US distribution contracts for its Chill range of cannabidiol products.
Circassia Group PLC (LON:CIR) said it has been provided access to a £5mln equity finance facility by the North Atlantic Small Companies Investment Trust (NASCIT) and noted stock market investor, Richard Griffiths. The facility will be available until November 30, and the new stock will be issued at “the lower of 24.6p and the price at which Circassia may issue any other new ordinary shares”. NASCIT will subscribe to 70% of the shares, Griffiths the remainder. Chairman Ian Johnson said he was “grateful” of the support from the companys two key investors.
Iconic Labs PLC (LON:ICON), a multi-divisional new media and technology business, announced that it has received a notice of exercise from European High Growth Opportunities Securitization Fund in respect of the exercise of its conversion rights under its Convertible Bonds in respect of the first tranche drawn down under the Financing and Settlement Agreement for the aggregate principal amount of £50,000 resulting in the issue to the investor of 500,000,000 new ordinary shares.
Condor Gold PLC (LON:CNR) (TSX:COG) has announced that following an exercise of warrants with an exercise price of 25p per warrant, it is issuing 817,927 new ordinary shares with a nominal value of 20p each in the capital of the company and has received gross proceeds of £204,482.
Tiziana Life Sciences PLC (LON:TILS) (NASDAQ:TLSA), a US and UK biotechnology company that focuses on the discovery and development of novel molecules to treat human disease in oncology and immunology announced that it has allotted and issued 1,498,685 ordinary shares in respect of the exercise of 1,498,685 warrants at a price of 39p and 50p per share, yielding £710,843 in cash proceeds for the company.
Directa Plus PLC (LON:DCTA) has said that its annual general meeting (AGM) will be held on Friday, June 26, 2020, at 12.00pm (CEST) at ComoNExT – Science and Technology Park, Via Cavour 2, 22074 Lomazzo (Co), Italy. It noted that due to various governmental coronavirus (COVID-19) guidelines, no shareholders will be able to attend.