Online Blockchain climbs after plans to open Gibraltar office
A look at the major movers on the London market on Tuesday
11.46am: Blockchain business boosted
Online Blockchain PLC (LON:OBC) is in demand after it announced the opening of an office in Gibraltar.
The blockchain research and development company said Gibraltar offered a number of benefits including access to EU membership, tax-free income, a low annual renewal fee and freedom to conduct business globally.
Chief executive Clem Chambers said: Online Blockchain is particularly suited to such a benign and forward-thinking jurisdiction, and can capitalise on the many opportunities that Gibraltar affords.
Chariot Oil & Gas CEO says £11.7mln fundraise is key turning point in the evolution of the company
Chariot Oil & Gas Ltd s (LON:CHAR) Adonis Pouroulis talks to Proactive London s Katie Pilbeam about their new £11.7mln of new capital to fund an appraisal well at the Anchois Gas Development offshore Morocco.
Funds will also support work in the acreage surrounding the Anchois discovery, to set up the additional resources for development in the future. Pouroulis says this transitional energy company focused on the African continent has very strong ESG credentials, very relevant to today s world .
He says the successful fundraise marks a key turning point in the evolution of the company, as we seek to build a transitional energy business in Africa, that we believe will deliver value for all stakeholders.
Tremor jumps 10% after record first quarter performance
A look at the major movers on the London market on Tuesday
Shareholders in Tremor International Ltd (LON:TRMR) were shaking with excitement after a positive update.
The company, which specialises in software aimed at the advertising market, said it had turned in a record performance for the first quarter, which is traditionally a quieter period for the business.
Revenues jumped 96% to US$63mln while profits soared from US$0.5mln to US$27.5mln.
Tremor added that it was confident in its medium to long-term prospects and was well placed to benefit from the ongoing resurgence in the global digital advertising industry .
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A glance at some of the day s highlights from the Proactive Investors newswire
MGC Pharmaceuticals Ltd’s (ASX:MXC) (LON:MXC) (OTCMKTS:MGCLF) major clinical trial programs planned for CimetrA, CannEpil and CogniCann in 2021 are actively progressing across Australia, Israel and Brazil.
Bango PLC (LON:BGO) said the first three telecoms companies offering bundled Xbox cloud gaming subscriptions in Europe are using Bango’s payments platform.
Custodian REIT PLC (LON:CREI), the UK property investment company, has sold a retail unit in Nottingham at auction for £0.7mln, in line with the most recent valuation.
Crossword Cybersecurity PLC (LON::CCS) has appointed Tara Cemlyn-Jones and Robert Coles as non-executive directors with immediate effect.