John Wood Group (WG.) shares ticked up 22.54% to 244.3p as it reports ‘significant’ growth
In a trading update for FY21, the engineering firm said its results for the period are in line with expectations for revenue and adjusted EBITDA, as set out in a trading update in November.
It said a stronger second half of trading saw improving momentum across its businesses, while the company’s order book at 31 December 2021 was up ‘significantly’ year-on-year which the company says supports its current expectations for increased activity in 2022.
It said growth is most notable ‘across conventional energy and the built environment.’
Corcel (CRCL) shares jumped 29.69% to 2.075p following Monday’s MOU announcement
On Monday morning, the natural resource exploration and development company announced that it had entered into a non-binding MOU with Shandong New Powder COSMO AM&T.
Under the terms of the agreement, Corcel will supply nickel from its Mambare and WoWo gap nickel projects, where the Company already owns a 41% and 100% interest, respectively.
NPC is a joint venture between Sentient Global Resources Funds, Dougide Group and the Korean COSMO AM&T Co. Ltd, and focusing on producing lithium battery cathode materials.
REACT Group (REAT) shares jump 25.00% to 2.125p with new ‘significant’ contract win
The cleaning, hygiene and decontamination specialist has been awarded a ‘significant’ new long-term contract with The ExtraCare Charitable Trust, a leading not-for-profit developer and operator of housing for the over 55s which is also an existing customer of the business.
The new 5-year contract, which is worth a minimum of £1.0m per year, starts at the beginning of April 2022. The minimum value of the new contract is more than three times greater than the previous contract and covers a larger number of facilities, the Company explained.
Through its Fidelis division, REACT will provide facility management services across multiple sites, including contract cleaning, grounds maintenance, window cleaning and pest control.
Mobile Streams (MOS) shares rise 17.44% to 0.505p following new contract win
In a statement released this afternoon the mobile content and data intelligence company told investors that it has won a new contract with the gaming firm International Gaming Systems.
It noted that it also expects monthly revenue across all services to exceed $0.12m this month.
The Company explained that the revenue share contract with International Gaming Systems will see the firm’s gaming and entertainment services launched and made available globally via the Mobile Streams’ website mobilegaming.com and via MOS telco contracts when ready.
It said these services will begin in 1Q22 with the initial launch of a FIFA Esports tournament involving a top Eurasian football league and a trading service for online gaming skins.Movers of Thursday 13 January 2022