Light Science Technologies Holdings (LST)

Sector:

Engineering

Index:

FTSE AIM All-Share

2.90p
   
  • Change Today:
    -0.15p
  • 52 Week High: 4.25p
  • 52 Week Low: 2.20p
  • Currency: UK Pounds
  • Shares Issued: 333.01m
  • Volume: 1,809,846
  • Market Cap: £9.66m

Light Science Technologies secures order from Richel

By Iain Gilbert

Date: Tuesday 13 Aug 2024

LONDON (ShareCast) - (Sharecast News) - Light Science Technologies said on Tuesday that it had received an order from Richel, an agronomic solutions specialist, for its CEA nurturGROW lighting.
Worth £123,000, Light Science said delivery of the order would commence in January 2025, with revenues set to be recognised in the first half of 2025.

Light Science will supply its nurturGROW lighting solution, customised to Richel's specifications, in an aeroponic glasshouse, being built over 0.5 hectares, in Germany. It will be used to grow a variety of leafy greens and was expected to become operational in Q125.

The AIM-listed group highlighted that its Controlled Environment Agriculture division delivered revenues of roughly £500,000 in the eight months to 31 July and has a quoted pipeline of over £40.0m.

Chief executive Simon Deacon said: "This substantial order highlights the increased interest in our CEA solutions as we aim to convert our growing global quoted sales pipeline.

"Global food and water shortages, growing populations, climate change, consumer habits and government policy are all forcing producers to look at the way we grow food. We believe our CEA division is well positioned to take full advantage of the substantial long-term commercial opportunities in this market."

As of 1415 BST, Light Science shares were down 0.91% at 2.63p.









Reporting by Iain Gilbert at Sharecast.com

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LST Market Data

Currency UK Pounds
Share Price 2.90p
Change Today -0.15p
% Change -4.92 %
52 Week High 4.25p
52 Week Low 2.20p
Volume 1,809,846
Shares Issued 333.01m
Market Cap £9.66m

LST Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
40.51% below the market average40.51% below the market average40.51% below the market average40.51% below the market average40.51% below the market average
37.93% below the sector average37.93% below the sector average37.93% below the sector average37.93% below the sector average37.93% below the sector average
Price Trend
20.44% below the market average20.44% below the market average20.44% below the market average20.44% below the market average20.44% below the market average
6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average
Income Not Available
Growth
41.20% above the market average41.20% above the market average41.20% above the market average41.20% above the market average41.20% above the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average

LST Dividends

No dividends found

Trades for 29-Aug-2025

Time Volume / Share Price
16:23 25,195 @ 2.94p
15:07 169,491 @ 2.95p
15:05 171,703 @ 2.91p
14:39 171,031 @ 2.92p
13:52 163,000 @ 2.80p

LST Key Personnel

CEO Simon Lincoln Deacon
COO Andrew Mark Hempsall
CFO James (Jim) Edward Snooks

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