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Thu, 6th May 2021 19:25
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Superdry PLC - Cheltenham, Gloucestershire-based clothing retailer - Can see light at the end of the tunnel as lockdown restrictions ease. Says financial 2021 revenue fell 21% to GBP556.6 million from GBP704.4 million in financial 2020. In the fourth quarter, revenue increased 0.8% to GBP118.3 million from GBP117.4 million a year ago. The early signs following the reopening of our UK stores are encouraging, as lockdown restrictions start to lift, and we can clearly see the light at the end of the tunnel. In short, we are on track with our reset of the brand, and there s a lot to look forward to, says Chief Executive Officer Julian Dunkerton.
TRADING UPDATES: Superdry optimistic; Virgin Wines toasts demand surge
Thu, 6th May 2021 19:25
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Superdry PLC - Cheltenham, Gloucestershire-based clothing retailer - Can see light at the end of the tunnel as lockdown restrictions ease. Says financial 2021 revenue fell 21% to GBP556.6 million from GBP704.4 million in financial 2020. In the fourth quarter, revenue increased 0.8% to GBP118.3 million from GBP117.4 million a year ago. The early signs following the reopening of our UK stores are encouraging, as lockdown restrictions start to lift, and we can clearly see the light at the end of the tunnel. In short, we are on track with our reset of the brand, and there s a lot to look forward to, says Chief Executive Officer Julian Dunkerton.
Bahamas Petroleum changes name, plans share issue in company reset
Fri, 23rd Apr 2021 15:05
(Alliance News) - Bahamas Petroleum Co PLC on Friday announced a wide-ranging corporate upheaval including a name change, new CEO and equity raise.
Shares were down 24% to 0.40 pence in London on Friday afternoon.
The Caribbean-focused oil and gas producer plans to change its name to Challenger Energy Group PLC, as its operations have expanded to several countries other than the Bahamas.
BPC plans to sell GBP6.9 million of new shares for 0.35 pence each. The cash will be used to fund its strategy to significantly increase production. Furthermore, the company plans to convert early GBP2.5 million convertible notes into shares.
Fri, 23rd Apr 2021 15:05
(Alliance News) - Bahamas Petroleum Co PLC on Friday announced a wide-ranging corporate upheaval including a name change, new CEO and equity raise.
Shares were down 24% to 0.40 pence in London on Friday afternoon.
The Caribbean-focused oil and gas producer plans to change its name to Challenger Energy Group PLC, as its operations have expanded to several countries other than the Bahamas.
BPC plans to sell GBP6.9 million of new shares for 0.35 pence each. The cash will be used to fund its strategy to significantly increase production. Furthermore, the company plans to convert early GBP2.5 million convertible notes into shares.