3 Companies Rising on Good News for Monday 22nd May 2023

Episode 1442,   May 22, 2023, 09:54 AM

3 Companies Rising on Good News for Monday 22nd May 2023

1. Oncimmune #ONC - Sale of Oncimmune Limited to Freenome

Oncimmune Holdings has sold its wholly-owned subsidiaries, Oncimmune Limited and Oncimmune Europe GmbH to Freenome Holdings for a total of £13M in cash.

Oncimmune will continue to operate its ImmunoINSIGHTS business, primarily through its subsidiary Oncimmune Germany GmbH.

2. Norman Broadbent #NBB - Q1 2023 Trading Update

- Revenue up 67% to £2.92m (Q1 2022: £1.75m)

- Net Fee Income up 66% to £2.43m (Q1 2022: £1.46m) with strong growth in both executive search and interim management

- Excellent forward momentum with pipeline of contracted revenue at the end of Q1 2023 of £2.57m

3. ATOME Energy #ATOM - Strategy Update and Investment.

- Baker Hughes (NASDAQ: BKR, "BKR"), the global energy technology company, becomes a shareholder in ATOME with an interest of 6.6% in the Company

- ATOME extends the Villeta project to introduce and supply the world's first premium value green fertiliser to the market on an international scale in 2025

- Discussions are underway with leading international offtakers who have expressed interest in purchasing the entire green fertiliser production from Villeta

- ATOME's fertiliser product is expected to be one of the most cost competitive, zero carbon green fertilisers currently produced worldwide.