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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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The most oversold stocks in the industrials sector are drawing attention as potential opportunities to buy undervalued companies. The latest screen highlights major industrials names with a relative strength index (RSI) near or below 30. TaskUs, Inc. (NASDAQ: TASK) On March 23, Wedbush maintained TaskUs with an Outperform rating and…
ITM Power PLC shares rose sharply on Thursday, climbing around 12% to 72p, after the hydrogen specialist said it has secured £86.5 million of UK government backing to build a 1GW manufacturing line for its next-generation Chronos electrolyser stack technology in Sheffield.
The support package comprises a £40 million strategic equity investment from Great British Energy and a proposed £46.5 million grant from the Department for Energy Security and Net Zero (DESNZ). ITM said the new line will support large-scale automated manufacturing of Chronos in the UK.
Total project investment is expected to reach up to £120 million over three years, with commercial operation targeted for 2028.
Great British Energy will subscribe for just under 72.0 million new shares at 55.56p each, representing a 13.7% discount to the previous day’s closing mid-market price. Following the subscription, Great British Energy is expected to hold about 10.4% of the enlarged share capital.
ITM said the DESNZ grant remains subject to subsidy control approval. The statutory review is expected to conclude in June 2026.
ITM stated that Chronos has been in development for more than two years. The company said the technology is designed to deliver better energy efficiency, lower cost and a smaller footprint than its current platform.
Alongside the funding announcement, ITM lifted its FY26 cash guidance to £210 million to £215 million, from £170 million to £175 million, reflecting the Great British Energy subscription.
ITM also said the grant conditions include a commitment to add around 250 UK jobs over the next five years.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
