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Investegate announcements from W Resources PLC, Final Results and Notice of AGM

Follow John on: A look at some of the major movers in London on Monday Diploma PLC (LON:DPLM) saw its shares rise by a tenth to 3,030p after it boasted of a “very strong first-half performance”. The electrical components supplier raised full-year expectations after the six months to the end of March 2021 saw underlying revenue growth of 2% from a year earlier and a rise in the profit before tax to £42.5mln from £41.6mln in the corresponding period 12 months earlier. Having deferred payment of an interim dividend last year because of COVID-19, the company recommended payment of an interi...

Follow John on: A look at some of the major movers in London on Monday Diploma PLC (LON:DPLM) saw its shares rise by a tenth to 3,030p after it boasted of a “very strong first-half performance”. The electrical components supplier raised full-year expectations after the six months to the end of March 2021 saw underlying revenue growth of 2% from a year earlier and a rise in the profit before tax to £42.5mln from £41.6mln in the corresponding period 12 months earlier. Having deferred payment of an interim dividend last year because of COVID-19, the company recommended payment of an interi...

Tungsten recovery rates continue to improve and were around 50% during April, it said. Funds from the placing will also provide additional working capital to cover the ramp-up in production at La Parrilla. The AIM-quoted company raised £2.26mln before expenses through a placement of 28.3mln shares at 8p per share, a 13.5% discount to Friday’s closing price. Its chairman Michael Masterman also intends to participate and invest £250,000 on the same terms as the placing, once the company has published its accounts for 2020 and is no longer in a closed period, increasing the fundraising to a...

The London stock market somewhat mirrored London’s weather today; a pleasant start, followed by heavy showers and then a traditional British tepid finish.