Kenetics Group Raises GBP0.3M Issue Convertible Loan Facility
13th Jul 2010 07:29
LONDON (Dow Jones)--Kenetics Group Limited (KEN.LN), an investment holding company, announced Tuesday that they have raised GBP300,000 by the issue of an interest-bearing redeemable convertible loan, due Jun. 30, 2012. MAIN FACTS: -Interest will be payable monthly at the rate of 12 % per ann
Read moreLondon afternoon: Miners lead the advance
21st Jun 2010 14:20
China's decision to delink the yuan from the US dollar has provided UK stocks with a lift and calmed nerves ahead of tomorrow's hair-shirt Budget from chancellor of the exchequer George Osborne. Miners are the main beneficiaries of the optimism engendered by China's move, with Vedanta, Rio Tinto, X
Read moreSmall caps round-up: Connemara Mining, Circle Oil, Kenetics...
21st Jun 2010 11:34
Irish zinc explorer Connemara Mining has intersected additional high grade zinc-lead mineralisation 400m to the southwest of the Stonepark North discovery in Limerick. "The Stonepark discovery in Limerick is getting bigger and better," said chairman John Teeling. Circle Oil is "even more convince
Read moreKenetics Raises GBP0.3M Via Placing/4P, Progress On LTA Contract
21st Jun 2010 07:25
LONDON (Dow Jones)--Kenetics Group Ltd. (KEN.LN), a specialist facilities management firm, said Monday it has raised GBP300,000, before expenses, by way of a placing of 7.5 million new ordinary shares at 4 pence per share. MAIN FACTS: -Shares have been placed with Ken Wong, Chairman and Chie
Read moreSector movers: Redstone rescue fails to lift tech stocks
17th Sep 2009 12:12
Redstone, the heavily indebted IT and telecoms group, has secured up to £6m in new funding and renegotiated some of its debt facilities. The company's share price is up by 10% on the news , but overall, technology hardware & equipment is one of the worst performing sectors. It is dragged lower by
Read moreSmall caps round-up: Kenetics, Regal Petroleum, Valiant Petroleum...
16th Sep 2009 11:50
Rising demand for wireless technology helped antenna supplier Kenetics post a sharp rise in revenues in the six months to June 30. Total sales totalled £570,000, up from £235,000 over the same period the previous year. Pre-tax losses narrowed to £203,000 from £289,000. Higher gas prices helped oil
Read more