Skip to content

AQSE company news


Back to news

Aquis Stock Exchange Weekly Highlights 19/01/24



January 19, 2024

Most recent

Equipmake Holdings PLC announced that it has secured a contract for the next phase of its electric motor development contract with H55, a leading electric aerospace propulsion company, as envisaged in the collaboration agreement announced in June 2023.
• Initial contract for a total of approximately £715,000 for the development of an electric motor, based on H55 specifications.
• Contract follows an initial development and test phase of Equipmake's lightweight, power dense, high-performance state-of-the art electric motors specifically designed for electric aircraft.
• The contract sets out that £315,000 of work will be deliverable by the end of May 2024, with the balance delivered by the end of the calendar year.
Read more…
The Company also published its interim results for the period ended 30th November 2023, which included a revenue increase of 97% year-on-year and a contracted order book of $11.7m as of 17th January 2024. Read more…
Cooks Coffee Company Limited provided a trading update covering the Company's franchised coffee focused stores in the UK & Ireland for the calendar year ended 31 December 2023.
• Group store sales up 15.8% at £26.9m (2022: £23.2m), with UK store sales up 18.6% at £17.5m (2022: £14.7m) and Ireland store sales up 11.0% at £9.4m (2022: £8.5m).
• 71 Group sites in the UK and Ireland as at 31 December 2023, up from 62 as at 1 January 2023.
• 6 to 8 outlets expected to open in Q1 2024.
• December 2023 saw a record month for the Group for the highest-ever store sales.
• Esquires achieved weekly store sales of £600,000 for the first time across the UK and Ireland in December 2023.
Read more…
Marula Mining PLC announced that, further to the announcement in December 2023, the seven new Mining License Applications collectively made by Takela Mining Tanzania Limited (“TMT” or “Takela Mining”) and NyoriGreen Mining Limited (“NML” or “NyoriGreen Mining”) at the Nyorinyori Graphite Project and the NyoriGreen Graphite Project located in Tanzania have been granted. These new mining licenses are valid for a period of seven years, effective from 10 January 2024 and are being incorporated into the commercial and technical services agreements with TMT and NML, through which Marula has secured its 75% commercial interest through the funding of exploration and mining and development activities. Read more…
Newbury Racecourse plc announced a record £7 million prize money budget for 2024, which represents a 13% like-for-like increase on 2023. This follows a 16% increase from 2022. The company says the rise in prize money has come about as a direct result of the increased media income Newbury anticipates earning from the move to Sky. The executive contribution on offer will also increase to a record £3.5m, which is a 14% increase on 2023 following a 26% year-on-year rise from 2022. This increased prize money will be offered across the 31 fixtures staged at the Berkshire track in 2024, 11 of which qualify as one of the newly introduced BHA Premier fixtures. Read more…
SulNOx Group Plc provided a trading update for Q3 to 31 December 2023.
• Unaudited Q3 revenues of £98.4k, up 84% on Q2 (£53.5k) and up 115% vs Q3 to 31 December 2022 (£45.7k), representing SulNOx's best trading quarter to date.
• Unaudited 9 months revenues were £240.1k, double the previous year (£120.5k) and already more than the full year to 31 March 2023 (£203.1k).
• The company says Q4 has also started positively, with invoiced sales of £64.5k and a strong revenue pipeline as positive evaluation results continue to materialise across the shipping, mining and logistics sectors and in new geographies.
• Unaudited cash balance of £2.68 million as at 31 December 2023.
Read more…
WeCap plc announced it has subscribed for a further £900,000 of CLNs in WeShop. This follows the Company's previous subscriptions of £2.85m in the same instrument. WeCap has previously invested £4m into WeShop via an earlier convertible loan note ("First CLNs"). The Company also holds an equity stake in Community Social Investment Limited ("CSIL" - formerly known as WeShop Limited). This equates to around 23.5% of CSIL which is now, in effect, a shell company holding 8,333,333 shares in WeShop.
WeCap's interest in WeShop would be around 15.3% on conversion of the CLNs, the First CLNs and the distribution in specie of CSIL. Based on the most recent fundraise into WeShop, the value of the WeCap holdings in WeShop would be approximately £24.6m. Read more…
Back to news


  • About
  • News
  • Investor Relations
  • Contact
  • Careers

© Aquis Exchange 2024. All rights reserved.

Terms & ConditionsPrivacy PolicyModern Slavery & Human Trafficking Policy
System statusnormal