AUG.L Share News (AUG)

Augean completes sale of Waste Network division

Specialist waste management firm Augean on Monday said the sale of the rest of its Waste Network division had been completed. The group, which first announced the closure and proposed sale of the division in September 2013, has been selling it in parts and stopped operating at the start of the yea

Augean To Take GBP4.0 Million Charge After Disposal Of Waste Network

LONDON (Alliance News) - Augean PLC Monday said it has finally reached a deal to dispose of its struggling waste network division for a total of GBP1.2 million, but warned it will incur an exceptional impairment charge of GBP4 million for 2013 as a result, because the proceeds are less than the c

Augean Secures Refinancing With HSBC With Increased Debt Facility

LONDON (Alliance News) - Augean PLC Tuesday said it has refinanced and increased its banking facilities with HSBC Bank PLC, as it seeks to fund its growth over the next four years. In a statement, the waste management business said the new facility provides GBP15.0 million of debt funding,

Augean renews and expands loan with HSBC

UK waste management company Augean said it has renewed and extended its banking facilities with HSBC. The new loan will provide debt funding of up to £15m, compared to the £10m previously available. Augean's existing loan was due for renewal on March 2015 but the board agreed to bring forward the

Augean Group Finance Director To Depart

LONDON (Alliance News) - Augean PLC said Monday that Group Finance Director, Richard Allen has informed the board of his intention to leave the firm. Allen is expected to support a smooth transition with his successor during his notice period. The firm said it has commenced the recrui

Chemical weapons watchdog picks Ekokem, Veolia to destroy Syria's stockpile

AMSTERDAM, Feb 14 (Reuters) - Ekokem AB of Finland and Veolia of France have won contracts to destroy part of Syria's chemical weapons stockpile, the global watchdog OPCW said on Friday. The Hague-based Organisation for the Prohibition of Chemical Weapons, which is overseeing the destructio

Augean Says Profit To Be In Line; Has Offers For Waste Network Assets

LONDON (Alliance News) - Augean PLC Tuesday said adjusted pretax profit for 2013 is expected to be in line with the revised expectations adopted following half-year results when it said it had been hurt by its struggling waste network division. In a pre-close trading update, ahead of its fu

2013 profits 'in line' at waste management firm Augean

Waste management group Augean has said that profits were in line with expectations in 2013 as it revealed that it had received a number of offers for its underperforming Waste Network division. N+1 Singer said that this implies adjusted profit before tax growth of around 20% year-on-year to £3.2m,

UPDATE 1-Chemical weapons watchdog says has 14 tenders to destroy Syrian stockpile

AMSTERDAM, Jan 20 (Reuters) - The global chemical weapons watchdog said on Monday it had received 14 tenders from companies including in America, Europe and China, offering to destroy part of Syria's toxic stockpile. The Hague-based Organisation for the Prohibition of Chemical Weapons (OPCW

Chemical weapons watchdog says 14 companies bid to destroy Syrian stockpile

AMSTERDAM, Jan 20 (Reuters) - The global chemical weapons watchdog said on Monday it had received tenders from 14 commercial companies, including firms from America, Europe and China, offering to destroy part of Syria's toxic stockpile. The Hague-based Organisation for the Prohibition of Ch

Augean H1 Profits Up But Struggling Waste Transfer Unit To Hit Full Year

London's AIM volumes surge on new investor savings rules

* AIM volumes set for best week in two months * Ban on AIM stocks in ISA accounts lifted * Move seen keeping AIM volumes elevated * Basic resources stocks see big take-up By Tricia Wright LONDON, Aug 9 (Reuters) - London's beleaguered junior stock market is on track