Andalas Energy & Power #ADL – Result of AGM

Andalas Energy and Power Plc (AIM: ADL) is pleased to announce that all resolutions were passed at its Annual General Meeting held at 10am on Friday 29th December 2017. The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (‘MAR’).  Upon […]

Andalas Energy & Power #ADL – Holding in Company

TR-1: Standard form for notification of major holdings   NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Andalas Energy and Power PLC 1b. Please indicate if the […]

Andalas Energy & Power #ADL – Notice of AGM

Andalas Energy & Power #ADL the AIM traded Indonesian focused energy company, is pleased to announce that its Annual General Meeting will be held at 10.00am on 29th December 2017 at IOMA House, Hope Street, Douglas, Isle of Man, IM1 1AP. The AGM notice has been posted to shareholders and is available to view on […]

Andalas Energy & Power #ADL – Correction: Issue of Warrants

The following has been amended in the “Issue of Warrants” announcement released on 6 December at 9:01am. “The warrants have been issued with a 5 year term with a strike price of 0.5 pence per share; the basis of calculation being a 25% premium to the closing bid price (previously announced exercise price was 0.54375 […]

Andalas Energy & Power #ADL – Issue of warrants

Further to the Company’s announcement of 27 November regarding the equity investment of £500,000 and provision of a convertible loan note facility of up to £2 million by 1798 Volantis Fund Ltd, 638,569,604 warrants over ordinary shares have been issued to Volantis. The warrants have been issued with a 5 year term with a strike […]

Andalas Energy & Power #ADL – Holding in company

Andalas Energy and Power Plc Holding(s) in Company Andalas Energy and Power PLC TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights […]

Andalas Energy and Power #ADL announces new IPP Project, Gas Sales MOU and Joint Venture

Andalas Energy and Power plc (AIM:ADL) is pleased to announce that it has signed a gas sales memorandum of understanding, with a private Indonesian company, for the supply of gas to a new independent power project and commenced discussions with the Indonesian national power company, PLN, regarding procurement of the generating capacity.  Sumatra-1 will be […]

Andalas Energy and Power #ADL – Institutional investment

Andalas Energy and Power plc (AIM:ADL) is pleased to announce, following the announcement of our Sumatra-1 project, a placing of 1,277,139,208 new ordinary shares of Nil par value to raise £500,000 (before expenses) with new and existing shareholders at an issue price of 0.03915 pence per share.  The placing was led by 1798 Volantis Fund […]