The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Enfield, London The Enfield Biomass project is a 12MW biomass gasification project located in Enfield, London. The project has secured full planning and permitting approval and is ready to construct. The Company obtained an updated planning permission for converting 60,000 tonnes per annum of Grade C wood waste in January 2014. An environmental permit was received April 2012. As part of the Examinership process, the Company ceased to pursue the legal action, which was announced on the 3 June 2015, in relation to the Enfield Biomass Limited property lease agreement and has agreed to the revocation of the existing lease on that site. The site has currently been put up for sale by the existing landlord. The Company intends to open discussions with a new owner in relation to the future of this site and further updates will be made as and when appropriate.
Barclays are showing 5.50-6.00 900k shares traded
EQT now on LSE
why the bid is dropped...any particular reason...or its normal
Thanks
Same as close yesterday, jus dropped the bid 6.5-7.5
What's the ask please?
You can trade this share on HL under EQT
Does not look like HL etc have updated with the new company as of yet
I think that will be the first thing on the agenda.
Looking forward to getting some new Directors, the cast of Father Ted were in need of improving http://www.eqtecplc.com/investors/board-of-directors
Exciting times for this share going forward. Come on us!
So tomorrow EQT should open at 7.125.......or better!!!
News in abundance now due.
Off to the EQT board....
Now what?
Your holding stay the same and doesnt change.
Apologies if I'm missing this, but the new company has 153,350,494 New Ordinary Shares at what initial value? Do I simply take my original holding in REAC and divide them by a new nominal value to see my holding in EQT?
EQTEC PLC (formerly REACT Energy plc) is committed to operating clean electricity and heat generation plants in the UK and Ireland. The Company seeks to identify, build, own and operate renewable projects and possesses significant knowledge of energy markets, clean technologies, fuel sources, project development, project finance and project delivery. EQTEC PLC currently has four operational clean energy plants generating revenue from the sale of electricity and heat. The generation of clean electricity and heat from sustainable sources has the potential to address the key energy challenges of energy security and carbon commitment and provide strong returns on capital employed. States currently has four operational clean energy plants are these the wind turbines or have I missed something? I think Ebioss have their own EGM on 13th but expect news and developments to come thick and fast here. GL.
Sorry, should have added this........... Following approval at the EGM of the change of name to EQTEC PLC, dealings in the New Ordinary Shares under the new name are also expected to commence at 8.00 a.m. on 7 February 2017 and the Company's TIDM (ticker symbol) will also change from "REAC" to "EQT".
Accordingly, the New EBIOSS Shares (consisting of 78,210,000 New Ordinary Shares) will be issued to EBIOSS Energy pursuant to the terms of the Conversion Agreement and Admission and dealings in the New Ordinary Shares (following the Share Capital Reorganisation) and the New EBIOSS Shares is expected to commence at 8.00 a.m. on 7 February 2017. Following Admission, the Company will have 153,350,494 New Ordinary Shares in issue. The Company holds no shares in treasury. Shareholders should use the figure of 153,350,494 as the denominator for the calculations by which they will determine if they are required to notify their interest in or change to their interest in the Company, under the FCA's Disclosure and Transparency Rules.
#EQT is born tomorrow. #REAC is no more. Excellent. Interested to see what the website is like, who the new BOD is going to be, and more importantly, what are their first plans going forward.
I'm spot on again.
Here
APPENDIX 2: EXPECTED TIMETABLE OF PRINCIPAL EVENTS Posting of the Circular and Form of Proxy 10 January 2017 Latest time and date for receipt of Forms of Proxy 11:30 a.m. on 4 February 2017 Extraordinary General Meeting 11:30 a.m. on 6 February 2017 Announcement of the results of the Extraordinary General Meeting 6 February 2017 Share Capital Reorganisation Record Date 5:00 p.m. on 6 February 2017 Expected time and date for Admission and commencement in dealings in the New Ordinary Shares (following completion of the Share Capital Reorganisation), and the New EBIOSS Shares on AIM 8:00 a.m. on 7 February 2017 Expected date for crediting of the New Ordinary Shares (following completion of the Share Capital Reorganisation), and the New EBIOSS Shares, in uncertificated form to CREST accounts Expected date of dispatch of definitive share certificates for the New EBIOSS Shares on or before 21 February 2017