MySquar Users Ahead of Target; Motive Television in Loan Notes Deal

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MySQUAR Ltd. (MYSQ.LN), a Myanmar-language social media and entertainment platform, said Tuesday it had over 2 million users at Dec. 31, 2015, ahead of the target of 1.5 million, and up from 774,636 on May 31.

At 1241 GMT shares were up 1 pence, or 19.1%, at 6.3 pence.

MOTIVE TELEVISION PLC (MTV.LN), a technology provider, said it reached an agreement with the largest holder in its convertible loan notes that significantly improves the company's balance sheet.

Shares -14% at 0.02 pence.

SIGMA CAPITAL GROUP PLC (SGM.LN), which focuses on deilvery of large scale housing schemes for the private rented sector, said it expects a pretax profit for 2015 in excess of GBP2 million ($3 million), which is significantly ahead of current market expectations.

Shares were up 9.5 pence, or 10.2%, at 103 pence.

BANGO PLC (BGO.LN), a mobile payments company, said it has expanded its agreement and integration with MICROSOFT CORP. (MSFT), by which users of Microsoft's latest operating system, Windows 10, "will now be able to buy digital content by charging the costs to their mobile-phone bill." Shares +5 pence, or 4.8%, at 109 pence.

SCANCELL HOLDINGS PLC (SCLP.LN), an immunotherapies developer, saw its shares rise after the publication of a paper in a well-known cancer journal describing the science behind the company's Moditope platform and the experimental results that support it.

Shares +0.6 pence, or 3.1%, at 21 pence.

MOSMAN OIL AND GAS LTD. (MSMN.LN), an oil exploration and development company, said it has issued a review notice to ORIGIN ENERGY LTD. (ORG.AU) that would allow it to rengotiate the purchase of the South Taranaki Energy project in New Zealand. The notice follows the fall in the Brent oil price to below $40 a barrel on Dec. 10.

FTSE Small-Cap +0.2%

AIM -0.3%

Write to Ian Walker, Rory Gallivan and Jana Simmons at [e-mail]

(END) Dow Jones Newswires

January 05, 2016 08:28 ET (13:28 GMT)

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