Sirius Real Estate (SRE) shares ticked up 2.29% to 107.1p as it bolsters bond issuance
On Thursday, Sirius confirmed that it had bolstered its bond issuance by pricing a further €50m of corporate bonds to its previously announced €350m bonds notes due in 2026.
It said the increased volume of notes, at an annual interest rate of 1.125%, follows ‘the strong demand for the initial corporate bond issuance, which was heavily oversubscribed.’
The total €400m raised this week, as previously specified, will be used in part to refinance certain existing secured debt facilities, with the remainder to be deployed towards the significant pipeline of potential acquisitions, as well as general corporate purposes.
MediaZest (MDZ) shares soared 20.59% to 0.102p after announcing Vashi partnership
The creative audio-visual firm said it has been chosen by bespoke fine jewellery brand, Vashi, to supply audio visual solutions to their recently opened Covent Garden flagship store.
Addressing shareholders, MediaZest noted that this involves the largest deployment of the Samsung "The Wall" Business MicroLED product in UK retail as part of a double height, floor to ceiling interactive "Love Stories" installation within the in-store workshop. The Group said it expects to announce its results for the 6-month period to 31 March 2021 this month.
Novacyt (NCYT) shares jumped 17.44% to 380.95p ahead of the group’s annual results
Shares in the international clinical diagnostics specialist jumped after announcing that it will report its financial results for the year ended 31 December 2020 on Tuesday 22 June 2021.
Earlier this month Novacyt launched two new polymerase chain reaction (PCR) assays to expand its genesig® COVID-19 and SNPsig® SARS-CoV-2 variant detection portfolios.
Addressing shareholders at the time, Novacyt said it believes the SNPsig® EscapePLEX assay will be ‘crucial’ in helping clinicians and public healthcare centres globally identify SARS-CoV-2 mutations which can impact transmissibility, immunity, and infection severity.
Kodal Minerals (KOD) shares rose 12.81% to 0.405p as it hails progress in Côte d'Ivoire
In an update released yesterday in regard to the firm’s gold exploration programme in Côte d'Ivoire, Kodal told investors that it is making “great progress” as it prepares to undertake drilling which will determine the potential for primary gold mineralisation at the site.
In addition to its gold activity, the company informed investors that it continues to focus on its Mining Licence Application in Mali, which it reported is ‘progressing as expected.’
Kodal also noted the recent news of the proposed development partnership between its neighbours at the Goulamina Lithium Project in the Bougouni region of Mali, and Chinese lithium manufacturer, Ganfeng. It said the joint venture is “a very positive indication of support for the Mali lithium sector and further indicates the strength of the lithium sector overall.”
The Restaurant Group (RTN) shares fell 5.33% to 121.1p as hospitality stocks suffer
The stock is amongst several hospitality stocks which continues to shed value following the UK Government’s delaying of the easing of Covid-19 restrictions in England until July.
“Losing a month’s extra trade, especially in the summer, will be a blow to hospitality chains,” stated Danni Hewson, a financial analyst at broker AJ Bell, as reported in the Guardian.
The Restaurant Group, which owns the restaurant chain Wagamama, reported back in May 2021 that it had seen a “very encouraging” recovery in sales after trading had resumed.