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Pin to quick picksBowleven Share News (BLVN)

Share Price Information for Bowleven (BLVN)

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Share Price: 0.20
Bid: 0.15
Ask: 0.25
Change: 0.00 (0.00%)
Spread: 0.10 (66.667%)
Open: 0.20
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Low: 0.20
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Monday newspaper round-up: Aviva, Iran, AIM

Mon, 24th Nov 2014 06:33

An estimated 2,000 insurance jobs are likely to be axed as Aviva tries to placate scepticism about its bid for Friends Life. While some analysts hailed the £5.6bn deal announced on Friday evening as giving Aviva scope to push up its dividend, others were unimpressed, with one questioning whether it was much more than "a rights issue in disguise". Substantial and credible cost savings would be key to convincing investors to back Aviva's "doubling up" of a bet on the British market, and that would mean heavy job losses, they said. - The TimesThe US and other world powers said it will be virtually impossible to reach a comprehensive deal to curb Iran's nuclear activities by the Monday night deadline, and they would favour extending the talks. US officials are arguing that preserving improved relations with Tehran is preferable to a breakdown in more than a year of direct negotiations and a potential escalation of tensions in an already-fractious Middle East. - The Wall Street Journal EuropeBank of America Merrill Lynch is understood to be actively reviewing whether to remain a nominated adviser (nomad) on AIM, and a decision to withdraw is considered likely. If the American investment bank steps down it will mean that there are only three large "bulge bracket" banks left acting as nomads to companies on AIM. It would also mean that Bank of America would quit as nomad to Bowleven, a natural resources company and its last client on AIM. - The TimesThe World Bank will invest heavily in clean energy and only fund coal projects in "circumstances of extreme need" because climate change will undermine efforts to eliminate extreme poverty, says its president Jim Yong Kim. Talking ahead of a UN climate summit in Peru next month, Kim said he was alarmed by World Bank-commissioned research from the Potsdam Institute for Climate Impact Research in Germany, which said that as a result of past greenhouse gas emissions the world is condemned to unprecedented weather events. - The GuardianThe company behind Glasgow Housing Association (GHA) has become the first organisation of its kind to tap into the bond market in a move aimed at creating some 2,800 affordable homes across central Scotland. Wheatley Group, which also owns West Lothian Housing Partnership, today revealed it has raised £250m through its over-subscribed bond issue, and said the offer period had been closed early due to "high demand". - The ScotsmanThe Department for Transport is set to announce the privatisation of the East Coast Mainline this week, with a joint bid from Eurostar and Keolis understood to be the front-runner. The controversial tender will see the route, which connects London to Scotland, return to private ownership after five years in the hands of the public sector. Eurostar and Keolis are competing against First Group and a joint bid from Virgin/Stagecoach to take control of the line from next year. However, sources close to the process believe First Group and Virgin's efforts will fall short. - Daily Express
More News
3 Apr 2024 18:42

EARNINGS AND TRADING: Saint-Gobain buys Bailey Group; Kropz inks loan

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

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27 Mar 2024 14:31

Bowleven seeks funding as loss widens on reduced project activity

(Alliance News) - Bowleven PLC on Wednesday said its half-year loss widened as it continues to develop the Entinde project.

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14 Mar 2024 20:56

EARNINGS AND TRADING: Castillo losses double; GCP proposes wind-down

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

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26 Jan 2024 06:56

IN BRIEF: Bowleven and partners regroup as Etinde stake sale halts

Bowleven PLC - Edinburgh-based oil and gas exploration company developing Etinde project offshore Cameroon - Partner's sale of stake in the Etinde project falls through. Bowleven is informed on Thursday by New Age (African Global Energy) Ltd, the operator of Etinde, that it received from Perenco SA a termination notice for the conditional sale of New Age's interests in the Etinde joint venture to Perenco. The deal for the 37.5% stake was first announced back in June 2022. Bowleven says it now will discuss with its joint venture partners an updated development plan and work programme for Etinde.

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29 Nov 2023 15:46

UK shareholder meetings calendar - next 7 days

Thursday 30 November 
Amur Minerals CorpAGM
Atlantic Lithium LtdAGM
Cordel Group PLCAGM
CQS New City High Yield Fund LtdAGM
DXS International PLCAGM
Europa Metals LtdAGM
Gabelli Merger Plus+ Trust PLCAGM
Kingswood Holdings LtdAGM
MC Mining LtdAGM
MGC Pharmaceuticals LtdAGM
NCC Group PLCAGM
Ovoca Bio PLCAGM
Revolution Bars Group PLCAGM
Roebuck Food Group PLCEGM re fundraising
Ruffer Investment Co LtdAGM
Friday 1 December 
Croma Security Solutions Group PLCAGM
HeiQ PLCGM re annual report approval
James Halstead PLCAGM
More Acquisitions PLCGM re capital raise
Myanmar Investments International LtdGM re cancellation to trading on AIM
Plaza Centers NVAGM
ScS Group PLCAGM
Monday 4 DecemberGM re additional listing on the NYSE
Diversified Energy Co PLCGM re purchase of 15% of the company's own shares
Palace Capital PLCAGM
PRS REIT PLC 
Tuesday 5 DecemberAGM
450 PLC 
Wednesday 6 December 
Alternative Liquidity Fund LtdAGM
Bowleven PLCAGM
Gattaca PLCAGM
STM Group PLCcourt meeting and EGM re takeover by Pension SuperFund Capital
VinaCapital Vietnam Opportunity Fund LtdAGM
Virgin Wines UK PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

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10 Nov 2023 11:58

Bowleven reports $2m loss as it looks to shore up funding

(Sharecast News) - Africa-focused oil and gas exploration group Bowleven reported a loss of $2m in its full-year results on Friday.

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10 Nov 2023 10:34

Bowleven needs to raise further equity as warns cash is running out

(Alliance News) - Bowleven PLC on Friday reported a narrowed annual loss, partly thanks to cost reductions, but warned its cash is "depleting" and it has a "pressing need" to raise equity.

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26 Sep 2023 12:14

IN BRIEF: Bowleven considering needed equity injection at big discount

Bowleven PLC - oil and gas, exploration and production in Cameroon - Considering fundraising proposal that would involve an unnamed shareholder providing equity capital at a "very substantial discount" to Bowleven's current market price. If this were to occur, all other current shareholders would be invited to participate at the same price, the company says. Bowleven has USD1.3 million in cash and, despite cutting costs, this is enough only to see it through to the end of the first quarter of 2024. Bowleven also may need additional funds to finance its share of future expenditure on the Etinde project.

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26 Sep 2023 10:39

AIM WINNERS & LOSERS: Bowleven shares drop on concern for cash runaway

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

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21 Jul 2023 10:40

AIM WINNERS & LOSERS: Bowleven says fundraising efforts continue

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

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21 Jul 2023 09:35

IN BRIEF: Bowleven unaware of reason for recent share price rise

Bowleven PLC - Africa-focused oil and gas, exploration and production company focused in Cameroon - Says it notes recent movement in its share price and is not aware of "any particular reason" for the sudden increase. Shares in Bowleven increased by 30% in the last month. The company says that it has been considering fundraising options, and expects to seek additional equity capital in the year to assist with its ongoing corporate activities; which it noted in its March 30 statement.

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30 Mar 2023 17:55

TRADING UPDATES: Time Out revenue rises; Arbuthnot gets rates boost

(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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30 Mar 2023 09:11

LONDON MARKET OPEN: SSE rises on guidance; Drax falls on biomass snub

(Alliance News) - Stock prices in London opened higher in London on Thursday, as optimism returned to the markets and fears of banking crisis contagion faded.

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24 Nov 2022 15:44

UK shareholder meetings calendar - next 7 days

Friday 25 November 
600 Group PLCGM annual report
Aveva Group PLCGM and Court Meeting re Schenider Electric takeover offer
Base Resources LtdAGM
European Metals Holdings LtdAGM
Neometals LtdAGM
Quadrise Fuels International PLCAGM
ScS Group PLCAGM
Sylvania Platinum LtdAGM
Windar Photonics PLCGM re placing of new ordinary shares
Monday 28 November 
Crown Place VCT PLCAGM
European Smaller Cos Trust PLCAGM
JPMorgan Global Emerging Markets Income Trust PLCAGM
PRS REIT PLCAGM
Psych Capital PLCAGM
Seeing Machines LtdAGM
Tuesday 29 November 
Aura Energy LtdAGM
Bluefield Solar Income Fund LtdAGM
Castillo Copper LtdAGM
Challenger Energy Group PLCAGM
CT Property Trust LtdAGM
Duke Royalty LtdAGM
Esken LtdEGM re borrowings approval
Mosman Oil & Gas LtdAGM
Wednesday 30 November 
abrdn Asia Focus PLCAGM
Atlantic Lithium LtdAGM
Chamberlin PLCAGM
Coral Products PLCGM re proposed cancellation of share premium account
Dunelm Group PLCAGM
Ferguson PLCAGM
Gabelli Merger Plus+ Trust PLCAGM
Grit Real Estate Income Group LtdAGM
Leeds Group PLCAGM
Life Science REIT PLCGM re issue of the new ordinary shares 
MC Mining LtdAGM
Pires Investments PLCAGM
Renishaw PLCAGM
Thursday 1 December 
Aptamer Group PLCAGM
Bowleven PLCAGM
CQS New City High Yield Fund LtdAGM
essensys PLCAGM
James Halstead PLCAGM
Kin & Carta PLCAGM
Transense Technologies PLCAGM
Vast Resources PLCAGM
Virgin Wines UK PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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1 Nov 2022 14:48

EARNINGS SUMMARY: Vulcan Industries and Wildcat Petroleum narrow loss

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

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