Three things you need to know as the UK financial markets open, from Tony Cross.
#1. Feedback signs 12 month NHS deal
Clinical infrastructure specialists Feedback LON:FDBK have this morning announced a £495k deal with the Queen Victoria Hospital NHS Foundation Trust. The initial 12 month deal comes after a two year pilot project and management see it as being a validation of the technology which will hopefully facilitate further sales into other NHS trusts. The contract comes with an option to be renewed for a further 12 months.
- Small Cap Stocks: AFC Energy, United Oil & Gas, Feedback
- Small Cap Stocks: Cloudcoco, Feedback, Versarien
- Small Cap Stocks: Gfinity, Seeen, Blue Star Capital
#2. Kibo Energy subsidiary provides business update
A business update from the renewable energy play Kibo LON:KIBO is out this morning. This kicks off with news that the company subsidiary MED is seeing its Pyebridge site now generating revenue and that the recently completed refit will significantly increase profitability, although further operational adjustments are being made to improve performance. MED is eyeing further acquisitions too and although additional details here are thin on the ground, management are promising updates as soon as they become available.
#3. Accounts delay sees shares suspended
Content-as-a service platform SEEEN LON:SEEN has this morning advised the market that it was unable to meet yesterday’s filing deadline for its results, leading to shares being suspended temporarily. Management note that they do expect the process to complete by Friday which would pave the way for the trading halt to be reversed.
