Smart Metering Systems (SMS) founders Alan Foy and Steve Timoney and Primestone Capital believe that the 955p/share cash bid is not a full valuation of the business. These shareholders own 17.8$ of SMS.
=====
Video games services provider Keywords Studios (KWS) is acquiring The Multiplayer Group from Improbable Worlds for £76.5m. The acquisition target is one of the largest developers of multiplayer games for major studios. This will be earnings enhancing.
=====
Oil and gas producer Serica Energy (SQZ) has secured a $525m secured reserves based lending facility and this could potentially be doubled. This lasts until the end of 2029. The existing $271m facility will be repaid.
=====
In the year to June 2023, Alaska-focused oil and gas company Pantheon Resources (PANR) reported a $11.4m cash outflow from operating activities with a further $47.9m investment in exploration. There was cash of $20.7m and convertible debt of $26.8m at the end of June 2023.
=====
Big Technologies (BIG) finance director Daren Morris bought 5,000 shares at 173p each. Lok’nStore (LOK) non-exec Bridget Barker bought 12,000 shares at 820p each.
=====
Gumshoe Capital has acquired a 3% stake in FD Technologies (FDP). Richard Griffiths has reduced his stake in Niox (NIOX) from 26.9% to 23.9%.
© 2025 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds