Strip Tinning Holdings plc

Equities

STG

GB00BMHN9M05

Electrical Components & Equipment

Delayed London S.E. Other stock markets 13:45:59 28/05/2024 BST			5-day change	1st Jan Change
44.04 ^GBX	-4.26%		-4.26%	+3.62%

04-30	EARNINGS: Anglo-Eastern Plantations lifts dividend; profit falls	AN
04-30	Strip Tinning Holdings plc Announces CEO Changes, Effective from 1 June, 2024	CI

Strip Tinning raises GBP5 million from shares, convertibles

December 21, 2023 at 03:32 pm

Strip Tinning Holdings PLC - Birmingham, England-based provider of electrical connectors for automotive sector - Raises GBP5.0 million from a placing of new shares and convertible loan notes and hopes to raise up to GBP250,000 more from an offer of shares to retail investors. The new shares are placed at 40.0 pence each, and the retail offer will be at the same price. The placing is conducted as an accelerated bookbuild by Singer Capital Markets Ltd. Call general meeting for January 15 for shareholders to approve the fundraise.

Current stock price: 42.45p for GBP6.6 million market capitalisation

12-month change: down 35%

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Latest news about Strip Tinning Holdings plc

EARNINGS: Anglo-Eastern Plantations lifts dividend; profit falls	04-30	AN
Strip Tinning Holdings plc Announces CEO Changes, Effective from 1 June, 2024	04-30	CI
Strip Tinning Holdings plc Announces Management Changes, Effective from June 1, 2024	04-30	CI
Strip Tinning Holdings plc Reports Earnings Results for the Full Year Ended December 31, 2023	04-30	CI
Strip Tinning wins contract for smart glass in electric car	04-25	AN
Strip Tinning shares up as hails "largest ever" glazing order	04-02	AN
Strip Tinning Holdings plc Announces Significant New "Smart" Glass Nomination, with a lifetime Value of £6.3 million	04-02	CI
Patent boosts for DG Innovate and Arecor Therapeutics	01-18	AN
Strip Tinning raises GBP106,150 via retail offer	01-12	AN
Strip Tinning raises GBP5 million from shares, convertibles	12-21	AN
Strip Tinning secures serial nomination worth USD1 million	11-08	AN
Acuity RM wins contract; Georgia Capital ups earnings	31/10/23	AN
EARNINGS: Strip Tinning first half loss narrows; SigmaRoc profit rises	05/09/23	AN
Strip Tinning Holdings plc Reports Earnings Results for the Half Year Ended June 30, 2023	05/09/23	CI
Pod Point wins deal; Kia sponsors Live Co K-pop event	30/06/23	AN
Strip Tinning annual loss widens as revenue down	07/06/23	AN
Strip Tinning Holdings plc Reports Earnings Results for the Full Year Ended December 31, 2022	07/06/23	CI
Angus hails initial clean up of well; Amati NAV falls	18/04/23	AN
Strip Tinning shares surge by nearly 20% on order win	03/04/23	AN
Strip Tinning Holdings plc Announces New Order from leading EV customer	03/04/23	CI
Strip Tinning expects yearly revenue to be in line with market view	14/02/23	AN
Strip Tinning Holdings plc Signs New Confidential Invoice Discounting Facility	14/02/23	CI
Strip Tinning Holdings plc Confirms Earnings Guidance for the Year Ended 31 December 2022	14/02/23	CI
Strip Tinning Holdings plc Provides Sales Guidance for Second Half of 2022	20/09/22	CI
Strip Tinning Holdings plc Appoints Adam Robson as Executive Chairman with Immediate Effect	20/09/22	CI

Chart Strip Tinning Holdings plc

Duration

Period

More charts

Company Profile

Strip Tinning Holdings PLC is a United Kingdom-based company, which is a supplier of specialist connection systems to the automotive sector. The principal activity of the Company and its subsidiary is to manufacture of automotive busbar, ancillary connectors and flexible printed circuits. The Company operates through two segments: Glazing, and EV. Glazing segment is engaged in the automotive glazing products business. EV segment is engaged in the development and initial sales of components for electric vehicle battery packs. The Company offers automotive products and flex products. Its automotive products include windshield soldering connectors and heating materials and back-lite soldering connectors. Its flex products include battery electronics, lighting, heating, smart glass, and antennas. Its back-lite soldering connectors products include solder bridge connector, crimp contact connector and round wire connector with capacitors and coils.

Sector

Electrical Components & Equipment

Calendar

16/09/2024 - Q2 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Ratings for Strip Tinning Holdings plc

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.46 GBP

Average target price

0.75 GBP

Spread / Average Target

+63.04%

Consensus

Chiffre d''affaires - Rate of surprise

Company calendar

Sector Batteries & Uninterruptable Power Supplies

	1st Jan change	Capi.
STRIP TINNING HOLDINGS PLC	+3.62%	10.52M
CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED	+21.16%	121B
LG ENERGY SOLUTION, LTD.	-15.79%	62.69B
SAMSUNG SDI CO., LTD.	-14.30%	20.21B
TDK CORPORATION	+16.29%	18.63B
ECOPRO BM. CO., LTD.	-31.04%	14.97B
EVE ENERGY CO., LTD.	-13.86%	10.34B
GOTION HIGH-TECH CO.,LTD.	-4.88%	5.25B
VOLTRONIC POWER TECHNOLOGY CORP.	+0.29%	4.65B
ENERSYS	+5.61%	4.3B

Batteries & Uninterruptable Power Supplies