Todays Top RNS's from Vox Markets: EnergyPathways, Avacta Group, Time Finance & More

EnergyPathways PLC - MESH Project Update

EnergyPathways (AIM: EPP) is advancing its MESH project, focusing on hydrogen and long-duration energy storage. The project aims to reduce carbon emissions and enhance UK energy security with a 20 TWh storage capacity and a 25-year lifespan. MESH will support the government's "Clean Power by 2030" mission and aid the UK's transition to a sustainable, net-zero economy.

Avacta Group PLC - Avacta Completes Launch Diagnostics Sale

Avacta Group plc has finalized the sale of Launch Diagnostics, its largest diagnostics unit, to Duomed Belgium NV, a Palex Healthcare Group S.L.U subsidiary. With this strategic move, Avacta continues focusing on its core business of developing innovative cancer therapies using its proprietary pre|CISION® platform for tumor-specific drug delivery.

Time Finance PLC - Q3 Trading Update

Time Finance plc reports record lending and profits for 9M 2024/25, with a 40% increase in Profit Before Tax compared to the previous year. Continued demand and goal to focus on secured lending drive growth. The Group anticipates its full-year performance will match or exceed recently upgraded market expectations.

Journeo PLC - Final Results

Journeo PLC, a leader in intelligent transport systems, reported strong financial growth in 2024 with an 8% revenue increase to £49.6m, and a 33% rise in profit before tax to £5.0m. Strategic initiatives, such as forming the Journeo Design Centre, and significant operational improvements contributed to their success. The company looks forward to continued growth in 2025.

Ashtead Tech Hldgs - Full-Year Results 2024

Ashtead Technology Holdings plc reports impressive 2024 results with 52% revenue growth, driven by strategic acquisitions and organic expansion. The company achieved a profit before tax of £36.1m, a 31% increase from 2023, demonstrating strong financial performance and strategic progress. Continued growth is supported by record customer backlogs and investments in subsea technology solutions.

THG PLC - Results of Placing

THG PLC successfully raised £90 million through an oversubscribed equity placement, with a significant £60 million contribution from Matthew Moulding. The funds will be used to reduce the company's debt, enabling early repayment of Term Loan A and downsizing of TLB. Following strategic moves like the Ingenuity demerger, these efforts strengthen THG's financial position for future growth.

Empyrean Energy PLC - Wilson River-1 Drilling Update

Empyrean Energy PLC - Wilson River-1 Well Update

Empyrean Energy PLC announced that the Wilson River-1 well has reached a total depth of 1464m, with a 6m potential gross oil zone identified through preliminary log analysis. The well has been cased and suspended pending detailed petrophysical analysis. Test program decisions and updates are anticipated soon, with further announcements expected in due course.

Tertiary Minerals - New Silver Mineralisation - Mushima North, Zambia

New Thick Drill Intersections of Silver Mineralisation, Mushima North, Zambia

Tertiary Minerals plc reports significant silver assay results from drilling at Mushima North, Zambia. The findings, linked with copper and zinc, reveal thick mineralisation zones near Target A1. The mineralisation elongates across over 250m and remains open-ended. Ongoing assessments aim to further explore and assess nearby targets and enhance shareholder value.

Shell accelerates strategy to deliver more value with less emissions

Shell Accelerates Strategy to Deliver More Value with Less Emissions

Shell aims to enhance shareholder value by increasing cash flow distributions, focusing on LNG growth, and reducing costs. The company plans disciplined capital investment while progressing its energy transition strategy, bolstering its leadership in gas and LNG, and optimizing downstream and renewables operations.

Technology Minerals - Completed Sale of Leinster Project

Technology Minerals Plc (LSE: TM1) has finalized the sale of its exploration licenses in Leinster, Ireland, to European Lithium Limited. This transaction aligns with Technology Minerals' strategy of advancing early-stage projects and delivering shareholder value, marking a significant milestone for the company's initiatives in sustainable battery metal solutions.

AO World plc - Trading Statement

AO World PLC, the UK's most trusted electricals retailer, reports a 30% rise in adjusted profit before tax for FY25, driven by a 12% increase in B2C Retail revenues. Despite economic challenges, AO forecasts continued growth for FY26, highlighting its successful strategy and strengthening customer relationships. Full year results will be published on 18 June 2025.