Quoted Micro 28 August 2017
NEX EXCHANGE Good Energy (GOOD) and Ecotricity have come to an agreement that means the latter has withdrawn its requisition of a general meeting. No details were released about the reasons behind the withdrawal. Cadence Minerals (KDNC) is in talks to sell part of its 16.1% stake in AIM-quoted Bacanora Minerals (BCN) to a strategic […]
Quoted Micro 21 August 2017
NEX EXCHANGE Good Energy (GOOD) has set the date for general meeting requisitioned by rival renewable electricity supplier Ecotricity, which wants Dale Vince and Simon Crowfoot to join the board. The general meeting will be held on 6 September. Good Energy still believes it would be unwise to have the representatives of its rival on […]
Quoted Micro 31 July 2017
NEX EXCHANGE Kryptonite 1 (KR1) has invested $100,000 in the initial coin offering of the Omisego project, which is being developed to enable decentralised payments and remittances, acquiring 365,199 tokens. A further $200,000 has been invested in a similar offering by the Insurex platform, a marketplace for insurance products, and $100,000 invested in tokens in […]
Quoted Micro 17 July 2017
NEX EXCHANGE Renewable electricity supplier Good Energy (GOOD) says rival Ecotricity, which owns 25.3% of Good Energy, has requisitioned a general meeting to get two directors, Dale Vince and Simon Crowfoot, on the board. Ecotricity founder Dale Vince believes that because of the significant stake he deserves representation on the board but Good Energy argues […]
Quoted Micro 26 June 2017
NEX EXCHANGE Good Energy (GOOD) received applications for £16.7m of the corporate bonds on offer. The maximum application level was £20m. The energy supplier will issue the bonds on 30 June. At the company’s AGM, Martin Edwards was not re-elected as a non-executive director and four special resolutions, three relating to pre-emption rights and one […]
Quoted Micro 12 June 2017
NEX EXCHANGE Brewer and pubs operator Daniel Thwaites (THW) says that net debt has increased from £34.1m to £47.6m at the end of March 2017 because of investment in the brewery and pubs plus acquisitions. The benefits of this investment is starting to show through. Full year revenues from continuing operations were slightly lower at […]
Quoted Micro 15 May 2017
NEX EXCHANGE Newbury Racecourse (NYR) increased its revenues by 4% to £16.9m in 2016. Underlying trading profit was 8% ahead at £740,000 but there was also a £19.4m gain on the sale of land for housebuilding partly offset by £3.45m impairment charge. The NAV was £44.4m, which is around double the company’s market value. Net […]
Bellway – Moderate Price Increases For 2017
Bellway Homes BWY claims another excellent financial performance for the half year to the 31st January but the effervescence and price rises, such regular features of previous years, appear to be moderating. Increases are well within single digit figures except for earnings per share which just managed to break through the 10% barrier. Revenue rose […]
Quoted Micro 26 December 2016
ISDX / NEX Diversified Gas & Oil (DOIL) has offered to repurchase its bonds for 105p each or, if the bondholders are outside of the US, they can receive ordinary shares at a discount of 20% to the AIM placing price. The AIM flotation has been delayed until late January and Diversified Gas & Oil […]
Quoted Micro 28 November 2016
ISDX Property investment company Ace Liberty & Stone (ALSP) says that one of its shareholders, Daniel Waylett, agreed to acquire a subsidiary that owns Colebrook Court in 2016. There was no specific date given, although the property was bought for £1.5m in shares during April. The payment for the disposal was £1.553m. Ace has drawn […]