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TRADING UPDATES: SIG in good start to 2021; Accsys taps EUR37 million


TRADING UPDATES: SIG in good start to 2021; Accsys taps EUR37 million
Wed, 5th May 2021 19:20
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
SIG PLC - London-based supplier of insulation, roofing, commercial interiors and specialist construction products - Has made an encouraging start to the year, with January and February sales volumes picking up strongly and March and April trading ahead of management s expectations. For first quarter to April 30, like-for-like sales grew 29%, having declined 4% in the same period in 2019.
Accsys Technologies PLC - wood building products manufacturer - Proposes placing to raise EUR33 million and open offer to secure EUR4 million. The net proceeds of the Issue will be used primarily to fund the company s investment in expanding its Accoya business into North America, Accsys says. Plans to build new Accoya plant in US, as par ....

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Nu-Oil and Gas to acquire pirate deterrent group Guardian Maritime | 8 March 2021


8 March 2021 | 09:43am
StockMarketWire.com - Cash shell Nu-Oil and Gas said it had agreed to acquire pirate-deterrent product maker Guardian Maritime and Guardian Barriers for a combined £4 million.
Guardian products could be retro-fitted onto the guard rails of maritime vessels and served as a visual deterrent for pirates.
They also had proven to be impregnable for pirates to board vessels fitted with this technology by using the tools and tactics they employ , Nu-Oil and Gas said.
The company also announced that it had agreed, in principle, with largest creditor C4 Energy to restructure an outstanding debt obligation of £2.5 million.
Nu-Oil and Gas also had raised £215,000 via a share issue at £0.0002 per share, in order to formally engage advisors and provide sufficient working capital to commence the Guardian deal. ....

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