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Latest News

  • Block Listing and Total Number of Voting Rights

    PhotonStar LED Group plc announces that application has been made to the London Stock Exchange Plc for admission to trading on AIM (“Admission”) for a block listing of securities in respect of 2.5 million Ordinary Shares of 10 pence each ("Ordinary Shares").

     

    • Full Year Trading Results 2012

      PhotonStar announces its full year results for the year ended 31st December 2012.
       
       
       
       

      • Awarded Department of Energy and Climate Change Grant

        PhotonStar LED Group plc has been awarded a grant by the UK Departmentfor Energy and Climate Change (DECC) for up to £372,269.

        • Update on year end trading and results date

           

          PhotonStar announce that following a review of its year-end figures to 31 December 2012, it now expects to report a slightly improved EBITDA result than initially indicated in the trading update of 12 February 2013.
           
          With new CFO, Russell Banks, taking up the post in early April, the Group anticipates announcing its audited results no later than the week commencing 27 May 2013.
           
           

          • Issue of Equity April 2013

            PhotonStar LED announces the issue and allotment of 525,000 new ordinary shares of 10 pence each (“Ordinary Shares”) in respect of the share element of the deferred consideration due to the vendors of Camtronics Vale Limited.

            • Russell Banks appointed finance director

              PhotonStar™ has appointed Russell Banks as Group Finance Director with effect from 2nd April 2013. David Holloway, the current finance director is stepping down and will leave the Group.

              • Year End Trading Update

                 PhotonStar™ announces a trading update for the year ended 31 December 2012.

                Revenue for the year was up 44% to £8.7m (2011: £6.1m), with gross profit up 62% to £3.4m (2011: £2.1 m). The Group ended the year with a strong balance sheet, with £2m of cash at 31 December 2012 against £0.7m in 2011. The Group also has borrowing facilities of £1.3m, which are only 60% drawn, providing head- room for further growth.

                • £1.57m raised to support further growth and new lighting products

                  PhotonStar LED Ltd. has raised approximately £1.57m through a placing with institutional investors to finance the next stage of its growth and specifically to fund a new wireless circadian lighting product range using the Group’s ChromaWhite technology.

                  • PhotonStar shortlisted in the TechMARK awards 2012

                    The 2012 annual TechMARK awards dinner will be held on Thursday 15 November 2012 where there will be another huge attendance at what has become "the" technology event of the year. PhotonStar LED Group plc has been shortlisted for the “Emerging Star” award.

                    • Future Markets Demonstration at ARM TechCon 30th October 2012

                      PhotonStar LED Group plc (AIM: PSL, "PhotonStar" or “the Group”), the British designer and manufacturer of smart LED lighting solutions, has been invited by ARM Holdings PLC to provide a demonstration of LED lighting with embedded microprocessors as part of a future markets showcase at the ARM TechCon in Santa Clara, California, on 30 October 2012.

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