The oil and gas equipment provider has secured a £2 million loan facility to support its operations and strategic growth initiatives, as it navigates project deferrals and seeks to capitalize on emerging international opportunities.
The oil and gas equipment provider has secured a new framework agreement for rental wellhead services with a UK North Sea operator, providing a revenue boost after a period of lower activity.
The oil equipment and services company has appointed a new non-executive director with extensive energy industry experience.
The oil equipment and services provider has raised funds to expand its rental fleet, secured new contracts in the Middle East and USA, and qualified its subsea wellhead intervention equipment.
The oil equipment and services company has announced a director-led fundraising, with subscription shares issued and convertible loan notes converted.
The oil and gas engineering services provider reported widening losses and declining revenue in H1 2025, despite some organic growth. A recent fundraising effort aims to support expansion of its rental fleet.
The oil and gas equipment company Plexus Holdings is hosting an investor presentation via Investor Meet Company on March 26, 2025.
The oil equipment & services provider has conditionally raised £0.5 million through a retail offer, but at a 14.7% discount to the previous closing price, signaling low investor confidence.
The oil equipment and services company is raising up to £500,000 through a retail offer, with the new shares priced at a 3% discount to the previous closing price.
The oil equipment & services company has raised £1 million through a placing to fund the expansion of its rental equipment fleet, amid growing demand.