Recent News

SimiGon Ltd

("SimiGon" or "the Company")

SimiGon signs Blanket Purchase Agreement with the US Department of Defense

SimiGon (LSE: SIM), a global leader in providing simulation training solutions, is pleased to announce that SimiGon has signed a Blanket Purchase Agreement ("BPA") with the U.S. Department of Defense ("DoD") Enterprise Software Initiative ("ESI"). Under the BPA, SimiGon and the DoD ESI have established agreed pricing and processes for government customers to purchase the Company’s products and services.

ESI is an official DoD initiative sponsored by the DoD Chief Information Officer to both establish and manage enterprise commercial off-the-shelf IT agreements, assets, and policies. DoD ESI lowers the total cost...

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SimiGon Ltd

("SimiGon" or the “Company")

Exercise of Options

SimiGon Limited (LSE: SIM), a global leader in providing simulation training solutions, announces that application has been made for 5,000 new ordinary shares of 0.01 NIS each in the Company ("Ordinary Shares") to be admitted to trading on AIM ("Admission"). The new Ordinary Shares are being issued pursuant to the exercise of options by a former employee. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares and Admission is expected to become effective on 19 March, 2019.

Following this issue of new Ordinary Shares, the Company will have 51,399,189 Ordinary Shares in issue. The Company holds a total of 535,571 Ordinary Shares in tre...

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SimiGon Ltd

("SimiGon" or the “Company")

Trading update

SimiGon Limited (“SimiGon” or “the Company”), a global leader in providing simulation training solutions, announces an update on trading for the year ended 31 December 2018 (the “Period”) ahead of announcing its final results for the Period.

The Company expects, subject to audit, to report revenue of approximately $5 million (2017: $4.34 million), representing an increase of approximately 15 per cent., and an adjusted net loss of approximately $0.74 million (2017: adj. net loss $0.89 million) for the Period.

As set out in the Company’s interim results, the key contributor to the loss during the Period is the recording of a doubtful de...

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SimiGon Ltd

("SimiGon" or "the Company")

New $0.85 million contracts with key European customer kicks off a positive start to 2019 for SimiGon

SimiGon Limited (LSE: SIM), a global leader in providing simulation training solutions, is pleased to announce that it has expanded its long term relationship with an existing European customer (the “Customer”) and has signed multiple new contracts totalling $0.85 million in aggregate to provide licences, maintenance and support services for the Customer’s simulation training centres (the “Contracts”).

The Contracts further increase the use of SimiGon’s SIMbox product across the Customer’s organisation. The Company’s SIMbox-based training solutio...

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SimiGon Ltd

("SimiGon" or "the Company")

Strategic European customer awards SimiGon additional contract

SimiGon Limited (LSE: SIM), a global leader in providing simulation training solutions, is pleased to announce that it has further expanded its long-term relationship with a major existing European customer (the "Customer").

The contract award is for SimiGon to provide its SIMbox Commercial Off the Shelf training and simulation development platform and delivery environment for its new research & development lab at the Customer’s facility (the "Contract"). The Customer will use SIMbox technology as the technology baseline for its Academic Training Centers ("ATC").

Under the Contract announced today, valued at US$0.92 million,...

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SimiGon Ltd

("SimiGon" or the "Company")

Result of Annual General Meeting

SimiGon, a global leader in modeling, simulation and training solutions, announces that at the Company's Annual General Meeting held earlier today all resolutions were duly passed.

View complete announcement on London Stock Exchange Website

SimiGon Ltd

("SimiGon" or the "Company")

Notice of AGM

SimiGon (LON:SIM) today announces that the Annual General Meeting of the Company is to be held at 9.00 a.m. Eastern Standard Time (2.00 p.m. UK time) on Friday 7 December 2018 at 111 S. Maitland Avenue, Suite 210, Maitland, Florida 32751, USA (the "Meeting").

The Notice of Annual General Meeting (the "Notice") will be mailed to shareholders today and an electronic copy is now available at the Company's website: here.

Shareholders who cannot join the Meeting in person can join via conference call using the dial-in details below:

International dial-in number: +1 (605) 468-8001

Access code: 888780#

View complete announcement on London Stock Exchange Website

SimiGon Ltd

("SimiGon" or "the Company")

United States Air Force adds additional SimiGon support services for T-6A simulators

SimiGon, (LSE: SIM), a global leader in modelling, simulation and training solutions, is pleased to announce that the United States Air Force (USAF) has executed a contract amendment (the “Contract Amendment”) to add additional support services for the sixteen T-6A Level 5 Flight Training Devices (FTD) under the Contractor Logistics Support contract for SIMbox-based T-6A Level 5 FAA Compliant FTD announced 7 February 2018.

Under the Contract Amendment SimiGon will provide maintenance support personnel to help with the ongoing upkeep of the FTD’s currently used by the USAF under the existing Cont...

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The following replaces the 'Transaction in Own Shares and Total Voting Rights' announcement released on 10 October 2018 at 6:21 pm under RNS No 6619D.

The announcement contained elements which have been amended due to the fact that the Company was informed that as a result of clerical error, a total of 63,571 ordinary shares have been purchased and not 84,773 as previously announced.

The full amended text is shown below.

SimiGon Ltd

("SimiGon" or "the Company")

Transaction in Own Shares and Total Voting Rights

SimiGon Ltd (LSE: SIM), a global leader in modeling, simulation and training solutions, announces that, pursuant to the share buyback programme (the "Programme") announced on 1 December 2017, the Company purchased 63,571 ordinary...

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SimiGon Ltd

("SimiGon" or "the Company")

Transaction in Own Shares and Total Voting Rights

SimiGon Ltd (LSE: SIM), a global leader in modeling, simulation and training solutions, announces that, pursuant to the share buyback programme (the "Programme") announced on 1 December 2017, the Company purchased 84,773 ordinary shares of 0.01 NIS each in the capital of the Company ("Ordinary Shares") at the average price per Ordinary Share of 14 pence ("Buyback Shares") through finnCap Ltd (acting as the Company's broker) on 10 October 2018.

The Buyback Shares, along with any other Ordinary Shares purchased by the Company pursuant to the Programme, will be held in treasury.

Following the purchase of the Buyback Shares, the total number of votin...

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