LONDON BRIEFING: Provident Financial s Consumer Credit arm needs help lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.
Mon, 15th Mar 2021 11:08
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.
SMALL-CAP - WINNERS
Zenith Energy, up 15% at 1.33 pence, 12-month range 0.35p-1.38p. Says fully owned subsidiary, Zenith Energy Africa Ltd, enters into share purchase agreement with Candax Energy Ltd for the acquisition of Candax s fully owned subsidiary in Barbados, Ecumed Petroleum Zarzis Ltd, which holds a 45% interest in the Ezzaouia concession. Ezzaouia is located onshore Tunisia on the Zarzis peninsula. Zenith Energy Africa will pay an aggregate USD150,000 for Ecumed, and Zenith will part with an additional USD100,000 in shares. The two also have agreed a royalty deal of USD0.35 per each barrel of hydrocarbons produced from the Ezzaouia oilfield, with the royalty not being less than USD50,000 per annum for a period of ten years.
Mon, 8th Mar 2021 10:23
(Alliance News) - Online review platform Trustpilot AS on Monday confirmed plans for a London Main Market float, eyeing an admission in late March .
The IPO will consist of a raise of USD50 million from new shares, which will be used by the company to pay off debt. The company has also secured commitments from investors including BlackRock Inc, FIL Investments International, Caledonia and Henderson Global Investors Ltd to raise a total of USD240 million. This would give Trustpilot an enterprise value of up to USD1.4 billion on admission.
The Copenhagen, Denmark-based company was founded in 2007 by Chief Executive Officer Peter Holten Muehlmann. It offers software-as-a-service applications that help businesses build trust in their products by means of independent customer reviews. The platform has hosted over 120 million reviews since starting out.
Trustpilot eyes USD1 4 billion London float before March end lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.