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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

Copyright 2015 Alliance News Limited. All Rights Reserved.

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Clean Air Power's US Genesis-EDGE Product Moves Toward EPA Review

LONDON (Alliance News) - Clean Air Power Ltd Thursday said that its US Genesis-EDGE Dual-Fuel test engine has passed all of the emission requirements in internal testing, a step forward in the company's product achieving Environmental Protection Agency certification. The company, which deve

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18 Jun 2014 09:13

UK BROKER RATINGS: SocGen And HSBC Raise Whitbread Price Target

LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:
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FTSE 100
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TRADERS: JEFFERIES INITIATES ROYAL MAIL WITH 'UNDERPERFORM' - TARGET 420 PENCE
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TRADERS: JEFFERIES RAISE

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9 Jun 2014 10:22

UK WINNERS & LOSERS: Lloyds Among Big Losers In FTSE 100

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.
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FTSE 100 - WINNERS
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9 Jun 2014 09:55

MARKET COMMENT: FTSE 100 Gains On Asian Data But Lloyds Declines

LONDON (Alliance News) - The FTSE 100 is modestly higher Monday, as investor sentiment remains broadly positive after a strong US jobs report on Friday, followed by some better Chinese data over the weekend and an upward revision to Japan's GDP. By mid-morning Monday the FTSE 100 is up 0.3%

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9 Jun 2014 09:28

UK BROKER RATINGS: Numis Upgrades Capita Group To Buy

LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:
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FTSE 100
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CITIGROUP RAISES BT GROUP PRICE TARGET TO 450 (430) PENCE - 'BUY'
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NUMIS RAISES CAPITA GROUP TO 'BUY' ('HOL

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9 Jun 2014 07:37

UK MORNING BRIEFING: Firm Open As Lloyds Sets TSB Price Range

LONDON (Alliance News) - UK shares have opened fractionally higher Monday following rising markets in Asia and a higher close on Wall Street on Friday. China reported strong trade figures for May on Sunday, lending Monday a positive tone.

Lloyds Banking will price t

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28 May 2014 05:13

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27 May 2014 15:16

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23 May 2014 15:19

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22 May 2014 13:14

UK MIDDAY BRIEFING: Royal Mail Warns Of Tough Competition

LONDON (Alliance News) - Royal Mail shares have fallen sharply after the company warned of increased competition in the parcels market and a big potential hit from rival TNT's plans to expand its own letter delivery service to more UK cities.

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22 May 2014 10:36

TOP NEWS: Thai Army Chief Announces Coup After Political Talks Fail

LONDON (Alliance News) - The following is a summary of top news stories Thursday.
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COMPANIES
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Royal Mail PLC dropped to the bottom of the FTSE 100 after the company reported a full-year performance in line with expectati

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