EARNINGS UPDATES: Kape, Dekel, M&C Saatchi see bumper first halves 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.
9 June 2021 | 08:52am
StockMarketWire.com - Rural Broadband Solutions, which provides broadband to rural parts of the UK, posted a full-year loss followings its recent acquisition of SWS.
Pre-tax losses for the year through December amounted to £0.72 million, compared to year-on-year losses of $0.37 million year-on-year.
Revenue of only £0.13 million reflected only two months contribution, since SWS was not acquired until the end of October, the company said.
SWS s revenue for the whole of 2020 was £0.76 million.
Rural Broadband Solutions said its cash balances had risen to £0.79 million, benefitting from £2.5 million raised on the admission, less the cash consideration of the acquisition of £1.24 million.
What’s cooking in the IPO kitchen?
Baltic Classifieds Group PLC, the leading online classifieds group in the Baltics, announced their intention to IPO and the intended publication of a registration document. Should BCG proceed with the IPO, the Company will apply for admission of its entire issued Ordinary Share Capital to the Premium Listing Segment of the LSE.
The UK Residential REIT, a proposed closed-ended real estate investment trust established to invest in a diversified portfolio of affordable, privately rented residential real estate assets in attractive locations outside of London, announces its intention to IPO onto the Premium Listing Segment of the LSE. URES is targeting Gross Issue Proceeds of 150m before expenses by means of a placing, offer for subscription and intermediaries offer of 150m Ordinary Shares plus an Issue of up to 50m Consideration Shares in connection with the acquisition of Seed Assets at an issue price of £1.00 per Ordinary Share. Expec
What’s cooking in the IPO kitchen?
UK SPAC (formerly Mountfield Group and now an AIM Rule 15 Shell) has applied for admission to the AQSE Growth Market. The Company recently raised £3.1m in a placing, giving the Company flexibility in pursuing a reverse take-over transaction. The Directors of the Company are currently in the process of identifying and assessing reverse takeover opportunities with a particular focus on the European medicinal cannabis sector. The Directors are working closely with specialists in this industry in order to evaluate opportunities. Due 3 June
TECC Capital plc is a SPAC applying to be listed on the Access Segment of the AQSE Growth Market with the intention to identify and acquire a suitable business opportunity or opportunities and undertake an acquisition or merger or a series of acquisitions or mergers. The focus will be investing in businesses which are developing and/or supporting the application of technology in innovative sectors such a