Codex Acq Share Price (CODX)

Please note the new LSE discussion board for this company, which I will be using from now on instead of the CODX board:-

Tech New Energy Share Price (TNE):-

https://www.lse.co.uk/SharePrice.html?shareprice=TNE&share=Tech-New-Energy

27th Feb 2025 9:59 am RNS Acquisition Update

"Further to its announcement (RNS Number: 1604W) on 6 February 2025, the Company is pleased to announce that the long stop date of 28 February 2025 specified in the English law governed acquisition agreement (cast as a deed) between the Company and certain vendors in relation to the Company's acquisition of the entire share capital of Technologies New Energy S.A., dated 5 February 2024, has today been extended by mutual agreement of the parties thereto to 30 April 2025, pursuant to a deed of amendment.

The Company continues to constructively engage with the FCA with respect to the approval of its prospectus relating to, inter alia, the Acquisition and Admission, and the eligibility for an ES(T)C Listing of the enlarged group, and to progress with associated workstreams.

The Company intends to proceed as quickly as possible towards Admission, however, there can be no certainty that Admission will occur or, therefore, that the Acquisition will be completed.

Further announcements will be made in due course, as appropriate.

For the purposes of UK MAR, the person responsible for arranging release of this announcement on behalf of the Company is Julio Perez, Non-Executive Director.

- Ends -

Enquiries:

Technologies New Energy plc

Julio Perez, Non-Executive Director

Tel: +44 (0)20 8682 0582

Orrick, Herrington & Sutcliffe (UK) LLP is acting as legal adviser."

https://www.lse.co.uk/rns/TNE/acquisition-update-7cd2pcihkl8ym7n.html

26th Feb 2025 3:02 pm RNS Change of Name

"Change of name, TIDM and website

Further to its announcement (RNS Number: 1604W) on 6 February 2025, the Company is pleased to announce that:

• its change of name from "Codex Acquisitions plc" to "Technologies New Energies plc" has been registered with Companies House with immediate effect;

• the Company's ordinary shares of nominal value £0.10 each ("Ordinary Shares") will trade on the main market for listed securities of London Stock Exchange plc under the new name and the new TIDM "TNE" (previously "CODX") effective from the start of trading at 8.00 a.m. (London time) tomorrow, 27 February 2025;

• there is no consolidation of share capital;

• the Company's shareholders are not required to change their existing certificates in respect of Ordinary Shares for new certificates bearing the new name and Ordinary Shares held electronically will be booked electronically;

• the Company's name change does not affect the rights of shareholders, and no further action is required by existing shareholders with respect to the name change;

• the Company's existing website at https://codexplc.com/ will shortly transition to its new website at https://www.TNEplc.com; and

• the Company's LEI (213800VBVRGDTYL9Y928), and the Ordinary Shares' ISIN (GB00BNVRHQ51) and SEDOL code (BNVRHQ5) shall not be affected.

- Ends -

Enquiries:

Technologies New Energies plc

Julio Perez, Non-Executive Director

Tel: +44 (0)20 8682 0582"

https://www.lse.co.uk/rns/CODX/change-of-name-t2jsz1bjzdy3bsr.html

From the Technologies New Energy S.A. ("TNE") website:-

"Global provider for energy solutions"

"Who are we?

TNE is driven by and passionate about innovation and the environment. Our company is a global supplier of state-of-the-art solutions and projects to enable a faster energy transition, decarbonization goals and digital transformation at scale.

Our solutions accelerate decarbonization and innovating across the entire energy landscape with leading science, engineering and digital expertise which allow our clients and partners to save more money while guaranteeing excellence in performance, energy efficiency, operations and maintenance."

https://tne.pt/

6th Feb 2025 7:00 am RNS Entry into Acquisition Agreement and Update

" ... Julio Perez, Non-Executive Director of the Company, said: "We are excited to announce the execution of the Acquisition Agreement, which marks a critical milestone in connection with TNE's listing on the Main Market of the London Stock Exchange by way of a reverse takeover. We are committed to successfully finalising this transaction and look forward to our ongoing collaboration with TNE."

Ricardo Eiras, CTO of TNE, said: "TNE remains fully committed to completing this transaction with Codex and values their consistent cooperation and support throughout this process."

For the purposes of UK MAR, the person responsible for arranging release of this announcement on behalf of the Company is Julio Perez, Non-Executive Director.

- Ends -

Enquiries:

Codex Acquisitions plc

Julio Perez, Non-Executive Director

Tel: +44 (0)20 8682 0582

Orrick, Herrington & Sutcliffe (UK) LLP is acting as legal adviser."

https://www.lse.co.uk/rns/CODX/entry-into-acquisition-agreement-and-update-ih9pnj39j0i23i9.html

So a 20p/share RTO valuation for current CODX shares.

Compared to a current CODX s.p. (suspended) of 5.5p, market cap. £467,500 (8,500,00 shares in issue).

I.e. an increase 'on paper' of over 3.6 times: over 260%!

Thanks and well done to CODX's management for arranging this proposed deal, and fingers crossed that it completes.

And well done to CODX shareholders who had the patience and understanding to hold on through to the 20.12.23 suspension.

AMENDMENT:-

"30th Oct 2024 7:00 am RNS Acquisition Update"

Please note, with apologies, that the wrong RNS title was used in my last post, and that the post was posted on the wrong thread.

The correct RNS title and thread title is:-

"6th Feb 2025 7:00 am RNS Entry into Acquisition Agreement and Update"

https://www.lse.co.uk/ShareChat.html?ShareTicker=CODX&share=Codex-Acq&thread=F9A62F59-4CD5-412F-B010-E710A58723CF