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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.

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12 Feb 2019 10:02

Echo Energy Well In Argentina Shut-In Following Disappointing Tests

LONDON (Alliance News) - Echo Energy PLC said Tuesday it did not recover any hydrocarbons from the mechanical stimulation and testing operations of well EMS-1001 at its Fraccion C licence, onshore

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12 Feb 2019 08:23

Echo Energy shutting in well after disappointing testing

(Sharecast News) - Echo Energy updated the market on its mechanical stimulation and testing operations on the EMS-1001 well in its Fracción C licence, onshore Argentina, on Tuesday, confirming they had now been completed.

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12 Dec 2018 11:06

Cenkos Securities CFO To Step Down, Adds 12 Smith & Williamson Clients

LONDON (Alliance News) - Cenkos Securities PLC said Wednesday Chief Financial Officer Phillip Anderson is stepping down from the company as it completes the acquisition of Smith & Williamson a

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11 Dec 2018 10:46

Echo Energy Shares Drop On Well Delay, Chief Executive Steps Down

LONDON (Alliance News) - Shares dropped in Echo Energy PLC on Tuesday as a delay in the stimulation of one of the company's wells, coincided with the stepping down of Chief Executive Officer C

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2 Nov 2018 11:40

Echo Energy Appoints Gavin Graham As Non-Executive Director

LONDON (Alliance News) - Echo Energy PLC said Friday it appointed Gavin Graham as independent non-executive director of the company with immediate effect.The company said that Graham has 40

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22 Oct 2018 11:14

Echo Energy Multiplies Production At Canadon Salto Wells

LONDON (Alliance News) - Echo Energy PLC said Monday it completed work on four wells in the Canadon Salto Field in Argentina as part of its plan to boost production.The Latin American oil 5

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15 Oct 2018 11:28

Echo Energy Signs Technical Evaluation Agreement Over Rio Salado Block

LONDON (Alliance News) - Latin America-focused oil & gas company Echo Energy PLC said on Monday it has signed a technical evaluation agreement with Yacimientos Petroliferos Fiscales Bolivianos

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3 Oct 2018 11:03

Echo Energy Connects First Well For Production At Canadon Salto Field

LONDON (Alliance News) - Echo Energy PLC on Wednesday said a series of pulling jobs have now been completed at four oil wells on the Canadon Salto field, which were aimed at increasing field oil

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2 Oct 2018 11:31

Echo Energy Appoints Finance Boss Martin Hull To Board

LONDON (Alliance News) - Oil & gas firm Echo Energy PLC on Tuesday said it appointed its Chief Financial Officer Martin Hull to the board of directors with immediate effect.Hull was as

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12 Sep 2018 11:48

Echo Energy Interim Loss Widens On Higher Financial Costs

LONDON (Alliance News) - Echo Energy PLC said Wednesday that its loss for the first half of its financial year increased as financial costs spiked.For the six months to June 30, the company

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7 Sep 2018 10:28

Echo Energy To Acquire 3D Seismic Data For Argentinian Assets

LONDON (Alliance News) - Latin American-focused oil and gas company Echo Energy PLC said on Friday it has agreed to acquire 3D seismic over several leads on its Tapi Aike, Fraccion C and Fraccion

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7 Sep 2018 07:38

Echo Energy teams up with Argentinian contractor for 3D seismic programme

(Sharecast News) - Echo Energy has teamed up with an Argentinian contractor for a 3D seismic programme on its assets in the South American nation, starting with its "high impact, frontier scale" Tapi Aike exploration area.

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31 Aug 2018 12:48

Echo Energy To Receive Argentine Payments In Dollars; Signs In Bolivia

LONDON (Alliance News) - Echo Energy PLC said Friday it will receive US dollars for gas sales in Argentina instead of Argentine pesos, as it also signed a letter of intent to sign a new one-year a

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28 Aug 2018 10:58

Echo Energy Shares Plunge As Tobifera Gas Found To Be Insufficient

LONDON (Alliance News) - Shares plunged in Echo Energy PLC on Tuesday as it said following the completion of the CSo-2001(d) well the gas within was revealed to be "insufficient" to to D

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