NEX Exchange

MONTHLY BULLETIN & MARKET STATISTICS JANUARY 2017

 

We wish our readers a Happy and Prosperous New Year!

 

COMPANY NEWS (QUOTED MICRO)

  • Walls Futures (WAFR) floated on 29 November at 100p a share and ended the week at 100.5p (98p/103p). The residential property investor raised just over £1m in an offer for subscription and is capitalised at £3.3m. The REIT has acquired the assets of the Walls & Futures London Growth Fund and the additional cash will be used to invest in development and redevelopment assets in cities and towns around the UK. The focus is the private renting and social housing sectors.

  • Kent-based brewer Shepherd Neame (SHEP) has acquired Village Green Restaurants, the operator of five freehold pub restaurants in the Maidstone and Ashford area, for £11.85m. The business made an operating profit of £900,000 on revenues of £6.6m in the year to October 2016. The cash for the acquisition has come from an extended credit facility.

  • Geologist Gareth Northam has been appointed to the board of Goldcrest Resources (GCRP). Goldcrest has raised £70,000 by issuing convertible loan notes to natural resources investor Pelamis Investments. The loan note is convertible into 28 million shares at 0.25p each - a price relating to after a planned 50:1 capital reorganisation.

  • IMC Exploration (IMCP) and its partner Koza Ltd have started work on a mapping and rock sampling programme at the Goldmines River licence in County Wicklow and a licence in County Wexford. This work will help to prepare for the next phase of drilling.

  • Valiant Investments (VALP) has raised £40,000 at 0.1p a share in order to provide finance for 84.7%-owned apps developer Flamethrower. Kryptonite 1 (KR1) has raised £155,000 at 0.05p a share, while Imperial Minerals (IMPP) raised £35,000 at 2p a share.

  • Business incubator Milamber Ventures (MLVP) is acquiring The League of Angels, an angel network set up by Barney Battles, a Milamber director. There is a subsidiary called The China 68 Club that offers access to Chinese family offices.

  • Residential property developer Via Developments (VIA1) has found buyers for all eight apartments in its Canal Street development in Manchester and non-refundable deposits of £375,000 have been received. The apartments should be completed in the second quarter of 2017. The gross development value of the project is £2.2m.

ISDX NEWS

  • ISDX has started 2017 with the successful transition to become NEX Exchange and a proud business line within NEX Group Plc. Our new website is www.nexexchange.com

NEW ISSUERS

African Potash

 

African Potash Limited (AFPO) is focused on vertical integration of fertilizer operations in Africa and Sub-Saharan potash assets. African Potash also has a fertiliser supply agreement with Rockwell Fertilisers Limited, a supplier and distributor of fertilisers in Zambia. African Potash will supply Rockwell with fertiliser products (NPK and Urea) to be sold on to prospective buyers, namely retail outlets who sell fertilisers to farmers in Zambia.

 

Formation Group plc

 

Formation Group plc (FRM) is a company focused on property activities which includes property development, property investment and professional construction management services for medium and large scale building projects in London and the City periphery.

 

COMPANY PROFILES

Logo

 

Kryptonite1 (KR1) invests in cryptographic assets and blockchain companies. The disruptive power of the decentralised web is just emerging and the directors of KR1 believe that the innovation in this area is the perfect place to seek new opportunities for the Company.

 

MARKET STATS DECEMBER 2016

TOP 5 TRADED

Security Name Ticker Trades Value (GBP) Volume  
Shepherd Neame SHEP 57 686,365 53,623
Rare Earth Minerals REM 388 630,144 125,315,522
EPE Special Opportunities plc EO.P 29 374,674 147,654
Adnams plc ADB 32 275,682 2,340
Chapel Down Group plc CDGP 59 164,459 276,805

TOP 5 RISERS

Security Name Increase
Goldcrest Resources plc 50%
Kryptonite 1 plc 39.62%
Milamber Ventures plc 35.09%
Doriemus plc 18.39%
UK Oil & Gas Investments plc 17.89%

MARKET DATA

Market Monthly Volume Month on Month Change Value Month on Month Value Change Most Active Security
Growth 936 (349) 2,617,227 (1,313,427) Rare Earth Minerals - 388 Trades
Secondary 32,473 (12,540) 182,514,933 11,120,674 Sirius Minerals - 4,643 Trades

FORTHCOMING ANNOUNCEMENTS

Milamber Ventures Plc Annual General Meeting 30/01/2017
Wheelsure Holdings plc Final Results 31/01/2017
Early Equity plc Final Results 31/01/2017
Ace Liberty & Stone plc Interim Results 31/01/2017
Karoo Energy PLC Interim Results 31/01/2017
Ganapati PLC Year End Date 31/01/2017
DXS International plc Interim Results 31/01/2017
EPE Special Opportunities plc Year End Date 31/01/2017

Please click on the link below to see a full list of announcements:
http://www.nexexchange.com/for-companies/corporate-calendar