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Pin to quick picksEcho Energy Share News (ECHO)

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EARNINGS AND TRADING: Clean Invest reports interim loss and no revenue

Mon, 02nd Oct 2023 20:41

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

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Everest Global PLC - holding company of subsidiaries, Dynamic Intertrade (Pty) Ltd and Everest Capital London Ltd - Says that Golden Nice International Group Ltd has agreed to extend the redemption date of its outstanding convertible loan notes to March 31, 2025 from September 30, 2023. As at Monday, GBP254,450 of convertible loan notes remain outstanding.

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Clean Invest Africa PLC - investment vehicle focused on renewable energy in Africa - Reports a pretax loss of GBP330,126 in the six months ended June 30, compared to a loss of GBP163,318 in the whole of 2022. Records no revenue in the first half of the year, compared to GBP29,760 in the whole of 2022. Says it has made "excellent" progress in the first six months of the year. Looking forward, says it will continue to seek new investment funding.

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Capital for Colleagues PLC - investment vehicle focused on opportunities in the employee owned business sector - Reports a net asset value of GBP15.16 million as at August 31 compared to GBP15.18 million as at May 31. Portfolio comprises of 14 unquoted employee owned businesses at at the end of the three months to August 31.

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UniVision Engineering Ltd - Hong Kong-based company that supplies, designs, installs and maintains closed-circuit television and surveillance systems, and also sells security-related products - Temporarily suspended from trading on AIM pending the publication of its annual results.

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Agriterra Ltd - company focused on investment and sustainable development in Southern Africa - Temporarily suspended from trading on AIM pending the publication of its annual results.

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Echo Energy PLC - Latin America-focused exploration company - Restored to trading on AIM following the publication of its annual results.

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600 Group PLC - West Yorkshire, England-based manufacturer and distributor of machine tools, precision engineered components and industrial laser systems - Temporarily suspended from trading on AIM pending the publication of its annual results.

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Trafalgar Property Group PLC - south-east England-focused residential property developer - Temporarily suspended from trading on AIM pending the publication of its annual results.

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Falanx Cyber Security Ltd - Reading, England-based cyber security provider - Temporarily suspended from trading on AIM pending the publication of its annual results.

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By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
18 Apr 2023 10:48

Echo Energy sees fall in quarterly oil & gas production in Argentina

(Alliance News) - Echo Energy PLC said on Tuesday its cash balances have "significantly weakened" amid fall in Argentine production and high inflation.

Read more
3 Feb 2023 16:30

TRADING UPDATES: Altona extends repayment; Kefi advances Saudi Arabia

(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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13 Jan 2023 11:08

Echo Energy fourth-quarter production up; aims to accelerate growth

(Alliance News) - Echo Energy PLC on Friday said production was up in the fourth quarter, as it targets the reopening of more wells.

Read more
6 Dec 2022 17:47

Echo Energy completes reactivation of Chorillos wells at Santa Cruz

(Alliance News) - Echo Energy PLC on Tuesday said it has successfully reactivated three wells in the Chorillos field, after a dormant period of four years.

Read more
6 Dec 2022 12:37

Echo Energy reactivates three Chorillos wells

(Sharecast News) - Latin America-focussed Echo Energy updated the market on progress with the reactivation of three wells in the Chorillos field on Tuesday, which it first announced on 10 November.

Read more
2 Dec 2022 14:45

Echo Energy submits shares to AIM on completion of debt restructuring

(Alliance News) - Echo Energy PLC on Friday said that, following the completion of its balance sheet restructuring, it has made an application for over three billion shares to be admitted to trading on AIM.

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2 Dec 2022 12:39

Echo Energy set to complete its debt restructuring

(Sharecast News) - Latin America-focussed Echo Energy announced the completion of its debt restructuring and issue of equity on Friday.

Read more
11 Nov 2022 15:24

TRADING UPDATES: De La Rue defends chair; Resolute Mining fundraise

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

Read more
10 Nov 2022 14:35

Echo Energy makes good progress at Santa Cruz Sur

(Sharecast News) - Latin America-focussed Echo Energy updated the market on progress in the execution of the Santa Cruz Sur assets production and infrastructure enhancement plan on Thursday, which it first announced on 7 July.

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18 Oct 2022 15:18

IN BRIEF: Echo Energy debt holders agree to restructuring plan

Echo Energy PLC - producing from Santa Cruz Sur project, onshore Argentina - On Thursday last week, holders of EUR20.0 million in 8.0% secured notes issued by Echo agree to restructure the notes. Note holders representing EUR10.5 million in notes approved the plan by 67%. The deal, if approved by Echo shareholders at a general meeting called for Monday next week, will see EUR15.0 million of debt principal, plus accrued interest, will be converted into new shares at 0.45 pence per share. Earlier in the week, Echo had reported that it produced 392,253 barrels of oil equivalent in the first nine months of 2022, with net production increasing in the third quarter from the second.

Read more
30 Sep 2022 22:02

EARNINGS SUMMARY: Echo Energy, Enwell Energy, Sivota revenue rises

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

Read more
28 Sep 2022 08:11

IN BRIEF: Echo Energy completes first stage of Santa Cruz Sur plan

Echo Energy PLC - London-based energy company focused on Latin America - Says it has successfully completed "first operational priority" of Santa Cruz Sur plan. The plan, announced in July, aims to materially lift output at Santa Cruz Sur. Echo Energy says all three power generational units are fully operational in the Cerro Molino Oeste, El Indio Oeste and Oceano fields. They will provide power to support "existing and future production levels".

Read more
22 Sep 2022 15:49

UK shareholder meetings calendar - next 7 days

Friday 23 September 
Accsys Technologies PLCAGM
Biffa PLCAGM
Bradda Head Lithium LtdAGM
Fusion Antibodies PLCAGM
In The Style Group PLCAGM
Safestay PLCAGM
Wise PLCAGM
Monday 26 September 
Babcock International Group PLCAGM
Eastinco Mining & Exploration PLCAGM
Eckoh PLCAGM
ECO Animal Health Group PLCAGM
Great Eastern Energy Corp LtdAGM
Lamprell PLCEGM re delisting
Mediclinic International PLCCourt & GM re takeover by Remgro, SAS
RPS Group PLCGM cash offer agreement
Tuesday 27 September 
Bens Creek Group PLCAGM
Cohort PLCAGM
daVictus PLCAGM
Downing Four VCT PLCAGM
Empyrean Energy PLCAGM
First Property Group PLCAGM
GRC International Group PLCAGM
Incanthera PLCAGM
Knights Group Holdings PLCAGM
Miton UK MicroCap Trust PLCAGM
Redde Northgate PLCAGM
Smoove PLCAGM
Spectral MD Holdings LtdAGM
TP Group PLCGM re annual report
Yourgene Health PLCAGM
Wednesday 28 September 
600 Group PLCAGM
Aberdeen New India Investment Trust PLCAGM
Amigo Holdings PLCAGM
AO World PLCAGM
AssetCo PLCGM re authority to repurchase shares
Baltic Classifieds Group PLCAGM
DWF Group PLCAGM
Enwell Energy PLCAGM
Intercede Group PLCAGM
Kainos Group PLCAGM
Kromek Group PLCAGM
NWF Group PLCAGM
Ormonde Mining PLCGM sale of La Zarza Landholding
Oxford Cannabinoid Technologies Holdings PLCAGM
Scholium Group PLCAGM
System1 Group PLCAGM
Thursday 29 September 
ActiveOps PLCAGM
Chill Brands Group PLCAGM
Coral Products PLCAGM
Echo Energy PLCGM re approval of annual report
Jaywing PLCGM re funding
Orient Telecoms PLCAGM
President Energy PLCGM proposed capital reorganization
Samarkand Group PLCAGM
TransGlobe Energy CorpGM re merger with Vaalco Energy Inc
Ted Baker PLCGM re shareholders vote on acquisition by ABG 
Vaalco Energy IncGM re merger with TransGlobe Energy Corp
Van Elle Holdings PLCAGM
Walker Crips Group PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
6 Sep 2022 14:51

EARNINGS SUMMARY: Alumasc ups annual payout; PCI-PAL loss narrows

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

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30 Aug 2022 20:17

TRADING UPDATES: DP Poland finds new CFO; Spectral MD wins new money

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

Read more

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