Spire by St Brides

Andrew Hore – Quoted Micro 22 June 2020

AQUIS STOCK EXCHANGE Cancer treatment developer Incanthera (INC) had cash of £392,000 at the end of March 2020, following its fundraising when it joined the Aquis Stock Exchange. The company has a call option on more than £350,000 of additional cash. That should fund this year’s requirements and make the company’s cash last until next […]

Andrew Hore – Quoted Micro 15 June 2020

AQUIS STOCK EXCHANGE Wheelsure Holdings (WHLP) has published results for the year to August 2019 and the subsequent interims. Following these announcements, trading in the shares has resumed. There was strong growth in the interim figures with revenues of £116,000 but there was still a loss of £75,000. The working capital facility has been increased […]

Andrew Hore – Quoted Micro 8 June 2020

AQUIS STOCK EXCHANGE Sativa Group (SATI) has agreed a merger with Stillcana Inc. The share swap is 0.33507 of a Stillcanna share for every Sativa share. That values the cannabis products company at £10.7m and its shareholders will own 65% of the enlarged group. Trading in Sativa shares restarted on 4 June. Engineering businesses consolidator […]

Andrew Hore – Quoted Micro 1 June 2020

AQUIS STOCK EXCHANGE Newbury Racecourse (NYR) says that it plans to host racing during June and July, although there will be no crowd. There will be income from media rights and betting shops are set to reopen on 15 June. The Rocking Horse nursery reopens on 1 June, although the hotel at the racecourse will […]

Andrew Hore – Quoted Micro 25 May 2020

AQUIS STOCK EXCHANGE Daniel Thwaites (THW) closed its pubs and hotels on 20 May and it will not pay a final dividend for 2019-20. Net debt was £65.4m at the end of March 2020 and there are £16.6m of spare bank facilities. Trading had been strong, and the predominance of freehold properties means that rent […]

Andrew Hore – Quoted Micro 18 May 2020

AQUIS STOCK EXCHANGE Arbuthnot Banking (ARBB) says customer loan balances had increased by 4% in the quarter to March 2020. Customer deposits increased by 2%. There were net inflows to the investment management business despite the uncertainty in the markets. Gunsynd (GUN) has extended the deadline for the Oyster Oil and Gas deal from 30 […]

Andrew Hore – Quoted Micro 11 May 2020

AQUIS STOCK EXCHANGE British Honey Company (BHC) says its hand sanitiser has generated revenues of more than £500,000 since late March. This helps to offset the reduction in sales of alcohol products. There is sufficient alcohol available for the company’s requirements for the rest of the year. British Honey has appointed finnCap as corporate adviser […]

Andrew Hore – Quoted Micro 4 May 2020

AQUIS STOCK EXCHANGE Ace Liberty and Stone (ALSP) says that £2.2m of loan notes has been converted into shares at 50p each. The property portfolio has a resilient tenant base, with the majority of rents owed by national and local government tenants. During March, 82% of rents were paid. Four tenants are facing short-term difficulty. […]