Cindrigo Hldgs Share News (CINH)

IN BRIEF: Cindrigo Holdings to delist by end of May

Cindrigo Holdings Ltd - Guernsey-based renewable energy company focused on geothermal power and waste-to-energy projects - On Monday says delisting of shares likely to occur at end of May. Stock has been suspended since August 2020, when reverse takeover talks between Challenger Acquisitions Ltd, what firm was previously known as, and Cindrigo Ltd kicked off.

EARNINGS AND TRADING: Aura confident in Tiris; Cindrigo enters Germany

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

Cindrigo agrees deal to acquire Kaipolan Energia for EUR19.0 million

(Alliance News) - Cindrigo Holdings Ltd on Tuesday said it signed an agreement to acquire Kaipolan Energia OY, to boost its presence in the renewable energy sector.

TRADING UPDATES: Cindrigo seeks Croatian exploration licence extension

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

TRADING UPDATES: Begbies trading in line; Probiotix inks partnership

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

TRADING UPDATES: Franchise Brands sets targets, Cindrigo agrees loan

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

EARNINGS AND TRADING: Literacy Capital sees record quarterly inflows

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

IN BRIEF: Cindrigo continues to seek re-admission to Main Market

Cindrigo Holdings Ltd - Guernsey-based renewable energy company - Announces that, despite the continued delay in the re-listing process, its Croatian subsidiary EES Dravacel Energetika has broken ground at its Slatina 3 site in northern Croatia and has commenced site work and conductor drilling well pads. The remaining ground works are ongoing, and site handover to the drilling rig operator Crosco are on track to meet the well completion scheduled for April 2024. Explains the recent groundwork has been financed by a further subscription of GBP1.3 million by the company's largest shareholder Danir AB. However, notes that the work has been delayed by the continued delay in the prospectus and eligibility approval process and the proposed application for readmission of its share capital with a standard listing on the Main Market of the London Stock Exchange. Continues to seek approval by the FCA of a prospectus in respect of its proposed application for re-admission to the standard segment of the Official List and to trading on the Main Market of the London Stock Exchange which it hopes will lead to readmission to trading. If the application for readmission to trading is successful, the company anticipates that further funding will be made available more quickly.

IN BRIEF: Cindrigo appoints new CFO, effective immediately

Cindrigo Holdings Ltd - Guernsey-based renewable energy company - Appoints Independent Director Dag Andresen as chief financial officer, effective immediately. This comes as CFO Simon Fawcett resigns with immediate effect. Chief Executive Officer Lars Guldstrand said: "I am thrilled to have Dag step into the CFO role at Cindrigo at a pivotal and exciting time for the company. I have worked with Dag for many years now, and his experience working in public companies in the international renewable energy sector will be of huge advantage to Cindrigo. I would like to take this opportunity to thank Simon Fawcett for his services to the company and wish him success with his future ventures."

IN BRIEF: Cindrigo secures term extension for Slatina-3 licence

Cindrigo Holdings Ltd - Guernsey-based renewable energy company - Says that the Croatian Hydrocarbon Agency has approved a term extension for the Slatina-3 licence area exploration permit, which is held by EES Dravacel Energetika. Dravacel is a project company majority-owned by Cindrigo Geothermal Ltd, a wholly-owned subsidiary of Cindrigo. The extension is now until April 24, and is concurrent with the signing of key agreements with Crosco Integrated Drilling & Well Services Co Ltd, and North Tech Drilling ehf.

IN BRIEF: Cindrigo narrows interim pretax loss but still no revenue

Cindrigo Holdings Ltd - Guernsey-based renewable energy company - For the six months ended June 30, reports pretax loss of GBP970,000, narrowed from GBP1.1 million a year prior. Says this includes legal, regulatory and public group costs of GBP132,000 and professional fees of GBP64,000. Administrative expenses rise to GBP892,000 from GBP788,000 the previous year. No revenue is recorded.

IN BRIEF: Cindrigo Holdings narrows annual loss with no revenue

Cindrigo Holdings Ltd - clean energy producer - Reports pretax loss for year to December 31 of GBP1.9 million narrowed from GBP2.0 million the year prior. Basic loss per share was GBP0.017 compared to GBP0.014 year on year. Administrative expenses totalled GBP1.8 million, unchanged from the year before, but finance costs fell to GBP97,000 from GBP204,000. There was no revenue in the year. Cindrigo says its current priority is to raise and finalise project development funds for the Dravacel/Croatia 1 project to move it forward. Meanwhile it will also evaluate additional licenses, primarily in Europe, to strengthen the portfolio.

TRADING UPDATES: GENinCode gets US boost; Cindrigo strikes deal

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

TRADING UPDATES: React Group optimistic; Cindrigo inks financing

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

UK shareholder meetings calendar - next 7 days