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Share Price Information for Angle (AGL)

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Share Price: 18.75
Bid: 18.00
Ask: 19.50
Change: 0.25 (1.35%)
Spread: 1.50 (8.333%)
Open: 18.50
High: 19.50
Low: 17.75
Prev. Close: 18.50
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UPDATE 1-Australia's AGL says approached by Alinta to buy coal-fired Liddell plant

Wed, 04th Apr 2018 03:02

* No formal offer received - AGL

* Liddell slated to be closed in 2022

* Australia government sought Alinta's interest(Adds fresh Alinta MD quote, background)

SYDNEY, April 4 (Reuters) - Australia's biggest energyproducer AGL Energy Ltd said on Wednesday HongKong-owned rival Alinta Energy has expressed interest in buyingits coal-fired Liddell Power Station, which is slated to beclosed.

AGL wants to shutter the plant in 2022 as part of a phasedexit from coal by 2050 so it can become a purely renewableenergy supplier. But the firm has come under pressure fromAustralia's government to sell the power station instead.

AGL said it received "an approach from Alinta last nightexpressing an interest in entering negotiations" to buy theplant, but that no formal bid had been made.

A formal offer "would be given consideration in order tomeet our obligations to customers and shareholders," AGL said inan emailed statement.

Australia's electricity supply business has become a hotpolitical issue in the past year, after a string of blackoutsand price spikes hit households and major industrial usersincluding miners BHP and Rio Tinto.

That has prompted the country's conservative government toscrap some subsidies for renewable projects. This week abreakaway group of lawmakers called for the government toprovide more financial support for new coal-fired plants.

Alinta's Managing Director Jeff Dimery said in a radiointerview on Wednesday that the government had asked hiscompany, which is owned by Hong Kong's Chow Tai Fook EnterprisesLtd, to consider buying Liddell.

"We stated that we had no objection to owning criticalassets required for stability and reliability in the marketplaceas we transition to a low-carbon economy," Dimery toldAustralian Broadcasting Corp radio.

"We conducted some preliminary analysis that led us to anopinion that, at a commercial rate, there's an opportunityhere," he added.

AGL previously rejected the idea of selling the plantbecause it needs Liddell, located north of Sydney, to maintainsupplies to its own customers ahead of the original 2022 closureplan.

"AGL is relying on Liddell to generate power for ourcustomers until 2022 and we will require its infrastructure forour replacement plans into the future," it said on Wednesday.(Reporting by Tom Westbrook in SYDNEY Additional reporting bySumeet Gaikwad in BENGALURUEditing by Byron Kaye and Aaron Sheldrick)

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24 Oct 2022 14:35

IN BRIEF: Angle presents positive study results for Parasortix

Angle PLC - Surrey, England-based medical diagnostics company - Says proof of concept study shows that both circulating tumour cells and cell-free circulating tumour DNA can be analysed from a single blood sample. "The results show that removal of plasma from blood samples for circulating tumour DNA analysis does not impact on the number or quality of circulating tumour cells which can be successfully isolated from the same sample using the Parsortix system," it explains.

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18 Oct 2022 22:04

TRADING UPDATES: essensys loss widens; Carclo demand strong

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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12 Oct 2022 14:39

TRADING UPDATES: Angus Energy exceeds monthly production targets

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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6 Oct 2022 10:46

LONDON BROKER RATINGS: Berenberg cuts Anglo American and Gem Diamonds

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

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29 Sep 2022 20:30

EARNINGS SUMMARY: Angle revenue up; Synairgen, Bango loss widens

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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28 Sep 2022 22:10

TRADING UPDATES: Harmony Energy plans raise; Kavango sets drill target

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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22 Sep 2022 15:48

UK earnings, trading statements calendar - next 7 days

Friday 23 September 
Biffa PLCTrading Statement
European Opportunities Trust PLCFull Year Results
Investec PLCTrading Statement
Smiths Group PLCFull Year Results
TheWorks.co.uk PLCFull Year Results
Monday 26 September 
Atome Energy PLCHalf Year Results
Chapel Down Group PLCHalf Year Results
Concurrent Technologies PLCHalf Year Results
CPPGroup PLCHalf Year Results
Devolver Digital IncHalf Year Results
Dillistone Group PLCHalf Year Results
Finsbury Food Group PLCFull Year Results
Frenkel Topping Group PLCHalf Year Results
Immotion Group PLCHalf Year Results
Likewise Group PLCHalf Year Results
Microlise Group PLCHalf Year Results
Next Fifteen Communications PLCHalf Year Results
SpaceandPeople PLCHalf Year Results
XLMedia PLCHalf Year Results
Xpediator PLCHalf Year Results
Tuesday 27 September 
AG Barr PLCHalf Year Results
Animalcare Group PLCHalf Year Results
Billington Holdings PLCHalf Year Results
Boku IncHalf Year Results
Card Factory PLCHalf Year Results
Close Brothers Group PLCFull Year Results
Diaceutics PLCHalf Year Results
Digitalbox PLCHalf Year Results
ECSC Group PLCHalf Year Results
Ergomed PLCHalf Year Results
Ferguson PLCFull Year Results
FireAngel Safety Technology Group PLCHalf Year Results
GENinCode PLCHalf Year Results
Gresham House Energy Storage Fund PLCHalf Year Results
K3 Capital Group PLCFull Year Results
Instem PLCHalf Year Results
LifeSafe Holdings PLCHalf Year Results
Medica Group PLCHalf Year Results
Mission Group PLCHalf Year Results
Mortgage Advice Bureau PLCHalf Year Results
NAHL Group  PLCHalf Year Results
Origin Enterprises PLCFull Year Results
United Utilities Group PLCTrading Statement
Personal Group Holdings PLCHalf Year Results
S&U PLCHalf Year Results
Saga PLCHalf Year Results
Serica Energy PLCHalf Year Results
SSP Group PLCTrading Statement
tinyBuild IncHalf Year Results
Transense Technologies PLCFull Year Results
Yu Group PLCHalf Year Results
Wednesday 28 September 
1Spatial PLCHalf Year Results
AVI Japan Opportunity Trust PLCHalf Year Results
Avingtrans PLCFull Year Results
Blancco Technology Group PLCFull Year Results
boohoo Group PLCHalf Year Results
Everyman Media Group PLCHalf Year Results
Octopus Renewables Infrastructure Trust PLCHalf Year Results
Shepherd Neame LtdFull Year Results
Skillcast Group PLCHalf Year Results
SolGold PLCFull Year Results
Thursday 29 September 
Allergy Therapeutics PLCFull Year Results
Angle PLCHalf Year Results
Avation PLCFull Year Results
Bango PLCHalf Year Results
Cap-XX LtdHalf Year Results
Celadon Pharmaceuticals PLCHalf Year Results
Crestchic PLCHalf Year Results
Directa Plus PLCTrading Statement
McBride PLCFull Year Results
NAHL Group PLCHalf Year Results
Next PLCHalf Year Results
Novacyt SAHalf Year Results
Physiomics PLCFull Year Results
Synairgen PLCHalf Year Results
XLMedia PLCHalf Year Results
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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12 Sep 2022 14:31

Angle notes Parsortix success in pelvic mass pilot study

(Alliance News) - Angle PLC on Monday noted the publication of results from a clinical study undertaken with Wilmot Cancer Institute, at the University of Rochester, in New York.

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20 Jul 2022 20:50

TRADING UPDATES: Angle hails study find; Eqtec buys plant in France

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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19 Jul 2022 16:35

Director dealings: Angle CEO, finance chief join capital raise

(Sharecast News) - Liquid biopsy specialist Angle had two entries on the list of director buys on Tuesday, after its chief executive and chief financial officers invested in shares.

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15 Jul 2022 17:13

LONDON MARKET CLOSE: Stocks higher as US rate hikes fears calm

(Alliance News) - Stocks in London ended the week in the green after positive retail sales data from the US, easing fears over future US interest rate hikes.

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15 Jul 2022 14:45

IN BRIEF: Angle raises GBP20 million to progress Parsortix

Angle PLC - Surrey, England-based medical diagnostics company - Raises GBP20.1 million via share placing, marginally above the GBP20.0 million it aimed for.

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15 Jul 2022 11:21

AIM WINNERS & LOSERS: Fevertree lowers guidance; DP Poland sales rise

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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14 Jul 2022 21:44

TRADING UPDATES: Shield closer to Canada approval; Angle plans raise

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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22 Jun 2022 10:27

Angle wins additional contract with large-scale pharma company

(Sharecast News) - Liquid biopsy company Angle has secured an additional contract with its first large-scale pharmaceutical services customer.

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