Alkemy Capital. Share News (ALK)

Alkane Energy Pretax Profit Increases On 40% Jump In Revenue

LONDON (Alliance News) - Alkane Energy PLC Wednesday said its pretax profit increased in 2013 as revenue at the company jumped 40%. The UK clean technology gas-to-power company said its pretax profit rose by 13% to GBP2.7 million from GBP2.3 million in the previous year as revenues jumped t

Alkane Energy Acquires 10 Megawatt Site From SSE For GBP1.5 Million

LONDON (Alliance News) - Alkane Energy PLC Wednesday said it has acquired the 10 megawatt Wheldale, West Yorkshire power response facilities from SSE PLC for GBP1.5 million. The clean technology gas-to-power company said the initial consideration for the acquisition is GBP1.1 million in cas

Alkane Energy Says 2013 Result As Expected As New Facility Boosts Output

LONDON (Alliance News) - Independent gas and power producer Alkane Energy PLC said Monday that it expects full-year results in line with expectations as it saw output increase in the year ended December 31, 2013, boosted by its acquisition of an 11-megawatt coal mine methane facility at Maltby C

Monday broker round-up UPDATE

Admiral Group: Canaccord Genuity raises target price from 1160p to 1400p and upgrades to hold. African Barrick Gold: Westhouse Securities lowers target price from 170p to 160p and downgrades to sell. Alkane Energy: Liberum Capital downgrades to hold with a target price of 44p. Allocate Software:

Sports Direct's Ashley sells 16m shares, YouGov founder trades in 3.35m

Sports Direct's founder Mike Ashley has sold 16m shares in the retailer, representing a 2.7 per cent holding and netting the billionaire owner of Newcastle United 106m pounds. An announcement to the stock exchange revealed Ashley had sold the shares at a price of 662.5p, marking a 7.5% discount to

DIRECTOR DEALINGS: Alkane Energy Non-Executive Director Sells Shares

Alkane Energy Profits Jump As It Grows Output And Capacity

Alkane Energy unveils increase in electricty output

Alkane Energy reported an increase in half-year electricity output boosted by the acquisition of Greenpark Energy. In the first six month of the year, the group achieved a 44% rise in electricity output to 94 gig watt hours (GWH) compared to a year earlier, according to a trading update on Tuesday

Alkane Energy completes acquisition of Maltby Colliery methane assets

Alkane Energy, the AIM-listed independent gas-to-power company, has completed the acquisition of certain of the coal mine methane assets of Yorkshire-based Maltby Colliery and associated 6.0m pounds gross fundraising. The company said that the acquisition and the fundraising were conditional upon

Alkane Energy buys coal mine methane assets from Maltby Colliery

Alkane Energy has agreed to acquire coal mine methane (CMM) assets from Maltby Colliery, a subsidiary of Hargreaves Services. The company is paying an initial consideration of £5.5m cash with an additional £2.0 payable upon completion of the full closure of the mine which is expected in first half

Thursday broker round-up UPDATE

Alkane Energy: Liberum Capital initiates with a target price of 44p and a buy recommendation. Anite: Panmure Gordon shifts target price from 170p to 171p and maintains a buy recommendation. Atkins: Credit Suisse raises target price from 770p to 822p, but downgrades to underperform. Avacta Group:

Alkane Energy achieves annual revenue increase as output grows

Alkane Energy reported a 54 per cent increase in 2012 revenue on Wednesday as the gas to power producer achieved its eighth successive year of output growth. The company posted revenue of £14.7m, up from £9.5m the previous year, as output rose 19% to 167 gigawatt-hours. Group profit before tax inc

Alkane Energy increases output as demand grows

Alkane Energy has increased its output following new contract wins and orders, the gas and power provider said Friday. Production has risen 19% year-on-year, according to the group's trading update for the year to December 31st. The company expects to deliver full-year electricity output of 167 gi

Avocet Mining Chairman tops up stake after disappointing update

Russell Edey, the Chairman of Avocet Mining since 2010, has boosted his stake by 100,000 shares, less than a week after the company saw its shares fall following a mixed third-quarter update. Edey purchased the shares at 63.75p a time for a total of £63,750. In an update last Thursday, the compa

Debenhams CEO tops up stake with 100,000 shares

Michael Sharp, the Chief Executive Officer of department store chain Debenhams, has added 100,000 shares to his stake in the company on the same day it posted a 2.3 per cent rise in like-for-like sales during a year of 'challenging trading conditions'. The transaction saw Sharp buy the shares at 1