Aquis Stock Exchange Weekly Highlights 13/05/24

Marula Mining PLC announced the appointment of Mr. Benard Kiprotich as the Mine Manager at the Larisoro Manganese Mine in Samburu County, Kenya. Mr. Kiprotich brings over five years of experience in Mining and Mineral Processing Engineering in Kenya. The Company notes that Mr. Kiprotich brings extensive expertise from his hands-on experience in previous roles, having worked at various open cast quarrying operations and underground mining operations in Kenya. Read more…

Kondor AI PLC announced that the Company's Ordinary Shares began trading on 7 May 2024 on the OTCQB Venture Market in the United States. The Company's shares will trade on the OTC Market under the ticker KOAPF. The Company says cross trading on the OTCQB market will enable it to reach into a broader pool of investors. Kondor's shares will be available to US investors during US working hours, priced in US dollars. This has the potential to enable greater liquidity in the Company's shares on the Aquis Stock Exchange by easing cross-border trading for potential US investors. Read more…

RentGuarantor Holdings PLC announced that another investor has participated in the subscription announced on 6 March 2024. RentGuarantor has raised further gross proceeds of £34,998.02 through the subscription of 12,773 new ordinary shares at the full market price of £2.74 per share. This takes the total funds raised to £465,326 which the Company says will be used to fuel additional staff hires. Read more…

Essentially Group PLC announced that its wholly owned subsidiary, Essentially Holdings Limited, has successfully completed the acquisition of Best of Latin Foodstuff Trading LLC for a total consideration of £1,945,000. This acquisition was made through the issuance of 3,705,000 new ordinary shares at an issue price of £0.525p per share. In addition, Catalina Oñate has been appointed as Executive Director of the Company with immediate effect. The Board of the Company also announced the resignation of Ragnar Meitern, Non-Executive Director, who decided to step down due to increased commitments elsewhere. Read more…

Newbury Racecourse plc announced the release of its preliminary results for the twelve months ending 31 December 2023. Revenue increased by 9% to £18.96m, with a consolidated group profit before tax of £0.72m, including an exceptional profit of £0.7m. Despite a slight dip in race day attendances, total prize money surged by 13% to £5.82m. The Company made substantial investments in infrastructure, including expansions to its facilities and infrastructure improvements. Additionally, it commenced a new Licenced Betting Office retail rights agreement and announced a record increase in prize money commitment for 2024. Shaun Hinds will join as the new Chief Executive on 3 June 2024, succeeding Julian Thick, who served for ten years. Read more…