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Sparks Team
4 August 2020

XP Power (XPP); revenue increases 6% to £105.1m in H1 2020

The company enters H2 2020 with a record order book of £138.2m.

XP Power announced its interim results for the six months ended 30 June 2020. It generated adjusted profit before tax of £17.0m, up 2% YoY. Cash generated from operations decreased 15% to £21.5m due to investment in working capital to fulfil increased demand. Net debt decreased 17% to £34.4m, reflecting good underlying cash generation and the decision not to pay a final dividend.

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Sparks Team
8 April 2020

Osirium Technologies (OSI); announces contract extension

Osirium Technologies today announced the renewal for a further 12 months of its contract with a combined grouping of two major UK regional Police Authorities.

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Sparks Team
8 April 2020

BlackRock Latin Am (BRLA); share price increases 22.0%

BlackRock Latin American Investment Trust announced its annual results for the year ended 31 December 2019. NAV increased 18.2% in US Dollar terms compared to the benchmark, MSCI EM Latin America Index, return of 17.5%. Total dividends increased 48.2% to 34.89 cents per share. In Sterling terms, the NAV rose 13.6% over the same period, while the benchmark rose 12.9%.

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Sparks Team
8 April 2020

BlackRock Latin Am (BRLA); share price increases 22.0%

BlackRock Latin American Investment Trust announced its annual results for the year ended 31 December 2019. NAV increased 18.2% in US Dollar terms compared to the benchmark, MSCI EM Latin America Index, return of 17.5%. Total dividends increased 48.2% to 34.89 cents per share.

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Sparks Team
8 April 2020

TBC Bank Group (TBCG); signs a $67m trade finance facility

TBC Bank Group PLC announced that its subsidiary, JSC TBC Bank, has signed a $67m Trade Finance Facility with Citi. TBC Bank will use the proceeds of the facility to support import and export transactions for its customers, increasing the volume and value of trade transactions in Georgia’s key economic sectors.

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Sparks Team
7 April 2020

Fins Growth Inc Tst (FGT); issues 160,000 new ordinary shares

Finsbury Growth & Income Trust has issued 160,000 new ordinary shares of 25p each, in accordance with its placing programme, at 729.00p per share. These shares rank pari passu with the existing ordinary shares in issue.

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Sparks Team
7 April 2020

ReNeuron Group (RENE); announces exosome research collaboration

ReNeuron Group has signed a research agreement with an unnamed pharmaceutical company to explore the potential use of its proprietary exosomes to deliver novel therapeutics.

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Sparks Team
7 April 2020

Seneca Global Income & Growth (SIGT); declares fourth interim dividend

Seneca Global Income & Growth Trust announced a fourth interim dividend in respect of the year ending 30 April 2020 of 1.68p per ordinary 25p share. This brings the total dividend for the year ending 30 April 2020 to 6.72p per share, an increase of 1.8% over the previous year.

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Sparks Team
7 April 2020

Keywords Studios (KWS); issued 73,744 new ordinary shares

Keywords issued a total of 73,744 new ordinary shares to the vendors of Cord Worldwide and Laced Music as part of non-contingent deferred share consideration. Out of these, 65,550 shares were issued to vendors of Cord Worldwide and 8,194 shares were issued to vendors of Laced Music. 

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Sparks Team
7 April 2020

Worldwide Healthcare Trust (WWH); allotted 80,000 ordinary shares

Worldwide Healthcare yesterday allotted 80,000 ordinary shares of 25p each fully paid from its block listing authority. Of which, 60,000 shares were allotted at a price of 2962.25p per share and 20,000 shares at 2960p per share.

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