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Clean Air Power To De-List In a Month As Nomad Resigns Following Sale

Thu, 10th Sep 2015 09:19

LONDON (Alliance News) - Clean Air Power Ltd said Thursday said it expects its admission to trading on AIM to be cancelled in a month, following its agreement to sell its its subsidiaries to Hardstaff Dual Fuel Technology Ltd, a subsidiary of Vayon Holdings Ltd, for GBP250,000 last Thursday.

The company's nominated adviser and broker Panmure Gordon has resigned with immediate effect. Peat & Co has also given notice of its resignation as joint broker with immediate effect.

Shares in Clean Air Power remain suspended.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

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24 Feb 2014 10:08

Clean Air Power wins major order from Sainsbury

Clean Air Power's shares advanced after the maker of dual-fuel engine management systems for heavy duty vehicles won a major order from Sainsbury. The company will supply 50 Genesis-EDGE, Dual-Fuel trucks to the UK supermarket chain. The trucks will be fitted with the Genesis-EDGE system at its

21 Feb 2014 16:08

UK Earnings, Trading Statements Calendar - Week Ahead

20 Feb 2014 16:36

UK Earnings, Trading Statements Calendar - Week Ahead

20 Feb 2014 11:50

UK WINNERS & LOSERS: BAE Systems, Rexam Lead FTSE 100 Fallers

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS Centrica, up 3%. The major energy supplier's shares have jumped despite it reporting that pretax profit fell 32% to GBP1.65

18 Feb 2014 12:41

UK MIDDAY BRIEFING: Inflation Below Target For First Time In 4 Years

LONDON (Alliance News) - The UK's inflation rate has fallen below the Bank of England's 2% target for the first time in more than four years Tuesday, a decrease that will support governor Mark Carney's recent prediction that the bank's interest rate won't rise for some time to come.

Read more

18 Feb 2014 11:50

UK WINNERS & LOSERS: Randgold, Goldstone Fall As Drilling Results Disappoint

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday. ------- FTSE 100 - WINNERS BHP Billiton, up 1.2%. The Anglo-Australian mining giant has reported an 83% increase in profit for the first half of fiscal

18 Feb 2014 08:58

Clean Air Power Receives Order For Genesis-EDGE Dual-Fuel Product

LONDON (Alliance News) - Clean Air Power Ltd Tuesday said it has received an order for 19 Genesis-EDGE Dual Fuel trucks from an unnamed distribution company in the UK in a deal worth GBP500,000. The developer and global leader in Dual-Fuel engine management systems for heavy duty vehicles s

17 Feb 2014 13:40

UK MIDDAY BRIEFING: Property Companies Lead Markets Higher

LONDON (Alliance News) - UK property companies are flavour of the day Monday, with commercial property trusts performing well on the back of strong results from Hammerson and housebuilders doing well after Rightmove reported a further surge in house prices.

Hammerso

17 Feb 2014 09:52

Capita Wins Scottish Public Sector IT Network Contract

LONDON (Alliance News) - Outsourcing company Capita PLC Monday said it has won a GBP325 million contract to deliver a single shared network for all public sector organisations within Scotland. The nine-year Scottish Wide Area Network deal will see more than 4,600 sites be connected to a net

14 Feb 2014 10:10

UK BROKER RATINGS: Six Brokers Cut Tate & Lyle Price Target

LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:
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FTSE 100
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JPMORGAN RAISES LLOYDS TO 'OVERWEIGHT' ('NEUTRAL') - TARGET 95 (84) PENCE
----------
SOCGEN RAISES LLOYDS PRICE TARGE

10 Feb 2014 11:06

Clean Air Power Enters Duel-Fuel Development Agreement

LONDON (Alliance News) - Clean Air Power Ltd Monday said it has entered into a funded concept development agreement with a global truck manufacturer. The duel-fuel engine management software developer said the deal is to develop a duel-fuel engine for a South East Asian market. The co

10 Feb 2014 10:41

Clean Air Power inks agreement in South East Asia

The developer of dual-fuel engine management software, Clean Air Power, has signed a two-phase agreement to develop a dual-fuel engine for a South East Asian market. The first phase consists of a funded concept development agreement with an unnamed global truck manufacturer. AIM-listed Clean Air

22 Jan 2014 10:09

UK BROKER RATING CHANGES: Liberum Raises RBS Target But UBS Says Sell

LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:
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FTSE 100
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BERENBERG CUTS BSKYB PRICE TARGET TO 680 (750) PENCE - 'SELL'
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BARCLAYS RAISES WHITBREAD PRICE TARGET TO

14 Jan 2014 13:24

UK MIDDAY BRIEFING: UK Inflation Back On Target

LONDON (Alliance News) - The UK inflation rate has fallen back to the Bank of England's 2.0% target for the first time since 2009 after easing unexpectedly in December, welcome news for both the central bank and the government.

The Consumer Price Index hit 2% for the first time sinc

20 Dec 2013 09:12

Friday broker round-up UPDATE

African Barrick Gold: Canaccord Genuity takes target price from 125p to 195p upgrading from hold to buy. Ashmore Group: UBS raises target price from 390p to 430p upgrading from neutral to buy. BAE Systems: JP Morgan cuts target price from 380p to 355p and maintains its underweight rating. UBS lowe

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Clean Air Power To De-List In a Month As Nomad Resigns Following Sale

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