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Pin to quick picksPlexus Share News (POS)

Share Price Information for Plexus (POS)

London Stock Exchange
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Share Price: 13.25
Bid: 13.00
Ask: 13.50
Change: -0.25 (-1.85%)
Spread: 0.50 (3.846%)
Open: 13.50
High: 13.50
Low: 13.00
Prev. Close: 13.50
POS Live PriceLast checked at -

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Plexus continues share surge as profits leap

Thu, 29th Mar 2012 10:00

Plexus, the specialist oil and gas wellhead engineer, says new contract wins and repeat business from old customers drove profits in the six months to the end of December.Turnover increased 24% over the period of 2010 to £9.3m, while earnings before interest, tax depreciation and amortisation (EBITDA) grew 17% to £3.0m. Profits before tax increased 33% to £1.5m. The interim dividend has been increased by 11.4% to 0.39p per share.Since the year end Plexus has raised £6.2m in a share placing.Plexus is now aiming to produce a new type of subsea wellhead, to build on the success of its "friction-grip" land based system.The group's Chief Executive, Ben van Bilderbeek said: "there is an increasing recognition that Plexus has the potential to become a leading specialist oil and gas wellhead services company that will offer a new wellhead standard for surface and in time, subsea applications."Shares in the firm had gained 5.3% by 10:08; the stock is now 59.7% up on the start of the year.BS
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22 Aug 2023 10:36

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22 Aug 2023 08:58

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(Alliance News) - Stock prices in London opened higher on Tuesday, as a cautious optimism swept over global markets.

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22 Aug 2023 08:35

Plexus Holdings shares rise as announces 60% contract value jump

(Alliance News) - Plexus Holdings PLC on Tuesday announced that the value of a major contract from March has increased by 60%.

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23 May 2023 16:12

TRADING UPDATES: Harworth optimistic on 2027; Plexus extends agreement

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6 Mar 2023 10:32

Plexus wins GBP5 million contract for specialised project application

(Alliance News) - Plexus Holdings PLC on Monday announced it secured an order for its wellhead equipment and sealing technology for a specialised project application.

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6 Mar 2023 09:56

Plexus shares surge after securing £5m order

(Sharecast News) - Engineering services business Plexus has secured a £5.0m has secured an order for its proprietary POS-GRIP HG wellhead equipment and sealing technology for a specialised project application.

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1 Mar 2023 15:21

TRADING UPDATES: Accrol deal with Unilever; Harland & Wolff optimistic

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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1 Mar 2023 14:06

Plexus sublets Burnside House, offloads ground lease

(Sharecast News) - Oil and gas engineering service provider Plexus announced on Wednesday that it has completed a sub-lease of its Burnside House property in Aberdeen to a third party, for 15 years.

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23 Dec 2022 15:40

TRADING UPDATES: Webis wins racetrack deal; Plexus confident

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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16 Dec 2022 16:39

UK shareholder meetings calendar - next 7 days

Monday 19 December 
Abingdon Health PLCAGM
Brand Architekts Group PLCAGM
China Nonferrous Gold LtdAGM
DeepMatter Group PLCGM re ordinary shares cancellation
Mila Resources PLCAGM
Purplebricks Group PLCGM re chairman replaced by Harry Hill
Renalytix PLCAGM
RTW Venture Fund LtdEGM
Star Phoenix Group LtdGM re resolution to approve change of auditor
Technology Minerals PLCAGM
Visum Technologies PLCAGM
Tuesday 20 December 
AVI Global Trust PLCAGM
dotdigital Group PLCAGM
eEnergy Group PLCAGM
Nanoco Group PLCAGM
Pharma C Investments PLCAGM
SourceBio International PLCGM re proposed cancellation and re-registration as a private Ltd
Wednesday 21 December 
7digital Group PLCAGM
BATM Advanced Communnications LtdAGM
dotdigital Group PLCAGM
Northamber PLCAGM
Parkmead Group PLCAGM
Windar Photonics PLCAGM
Thursday 22 December 
Beeks Financial Cloud Group PLCAGM
Beximco Pharmaceuticals LtdAGM
Corcel PLCAGM
Gulf Investment Fund PLCAGM
SolGold PLCAGM
Friday 23 December 
Plexus Holdings PLCAGM
Wildcat Petroleum PLCAGM
  
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25 Nov 2022 10:12

Plexus full-year loss widens on higher costs, revenue up

(Alliance News) - Plexus Holdings PLC on Friday reported a widened full-year loss but a rise in revenue on more operational project work.

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20 Oct 2022 13:43

IN BRIEF: Plexus raises GBP1.6 million from loan notes; shares surge

Plexus Holdings PLC - West Sussex-based engineering services provider - Raises GBP1.6 million through the issue of 1.6 million convertible loan notes. Receives GBP1.0 million from OFM Investment Ltd, GBP500,000 from Chief Executive Ben van Bilderbeek, and GBP50,000 from Non-Executive Director Jeff Thrall. OFM is a company connected to Bilderbeek. Says the proceeds will be used for "working capital purposes" and to fund the company's activities as it seeks to capitalise on its "increasing pipeline of opportunities", notably its re-entry into the exploration wellhead rental from Jack-up rigs market where Plexus is in a licencing partnership with Schlumberger. Adds that the loan notes are non-interesting bearing and have a two year long stop maturity date.

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