Futura Medical PLC (LON:FUM) told investors the EU is to certificate Futura’s MED3000 as a Class 2B approved medical device. Once the certificate is issued, MED3000, a gel used to treat erectile dysfunction, may be marketed throughout the EU without the need for a doctor’s prescription.
Caerus Mineral Resources PLC (LON:CMRS) has made a good start to life as a listed company as its shares rose on its first day of trading on the standard segment of the LSE’s main market.
Metal Tiger PLC (LON:MTR) has conditionally subscribed for 474,000 shares in Trident Royalties PLC (LON:TRR) at a price of 34p per share, for a total investment of £161,100. The investment is a follow-on to an existing investment in Trident and Metal Tiger will own a 0.61% stake in the royalty specialist following the purchase.
Frontier IP Group PLC (LON:FIPP) said its portfolio company Fieldwork Robotics has raised £675,000 through an equity fundraising from existing and new investors to accelerate the development of its soft fruit and vegetable harvesting robots.
Metal Tiger PLC (LON:MTR) said it has signed an investment agreement with Armada Exploration Limited, a Mauritian holding company which owns 100% of Armada Exploration.
SDX Energy PLC (LON:SDX) released financial results for the 12 months ended December 31 2020. “I am extremely pleased to announce a set of results featuring record production, a strong balance sheet and successful drilling results,” said chief executive Mark Reid.
Critical Metals PLC (LON:CRTM) has received £535,000 from a warrant exercise over 5.81mln new shares. Russell Fryer, CEO, said “I am appreciative of the fantastic support from shareholders that have exercised their warrants, which further strengthens the company’s cash position in preparation of future opportunities.”
XLMedia PLC (LON:XLM) confirmed £24mln of new funds have been raised from its share placing. In a statement after Thursday’s close, the company noted that it had sought a minimum of £20mln and the share sale was significantly oversubscribed.
Medica Group PLC (LON:MGP) said Junaid Bajwa, the chief medical scientist at Microsoft Research, will be joining the company as a non-executive director (NED) and chair of its clinical and risk committee from April 1.
PCF Group PLC (LON:PCF) has appointed Caroline Richardson as its new chief financial officer, bringing more than 25 years’ experience in finance and banking, including at Deutsche Bank and Cooperative Bank.
With requisite regulatory checks completed, Iconic Labs PLC (LSE:ICON) said Brendan O’Mahony, Willem van der Meer and David Štybr will be immediately appointed to the board as non-executive directors.
BATM Advanced Communications Ltd (LON:BVC) shares rose on Friday after the company said it has completed the sale of its software subsidiary NGSoft to Aztek Technologies following approval from the Israel Competition Authority.
[email protected] Capital PLC (LON:SYME) confirmed details about its acquisition of a leading fintech-powered commodities trade enabler, focused on SMEs. The company confirmed that heads of terms have been signed with TradeFlow Capital Management Pte Ltd for the deal.
Alien Metals Ltd (LSE AIM:UFO) will be attending the Swiss Mining Institute conference online from 22-24 March 2021. Bill Brodie Good, CEO & technical director, said: “Alien’s attendance at the Swiss Mining Institute conference will be an excellent opportunity for us to engage directly with key stakeholders and investors in the country. We look forward to presenting and meeting other attendees from the mining community to showcase our exciting projects and to discuss opportunities for Alien in line with our strategy.”
Seeing Machines Ltd (LON:SEE) chief executive Paul McGlone and chief financial officer Naomi Rule will provide a live presentation relating to the company’s first-half results via the Investor Meet Company platform on 31 Mar 2021 at 8am. The presentation is open to all existing and potential shareholders, with questions able to be submitted pre-event or during the presentation.