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Pin to quick picksEqtec Share News (EQT)

Share Price Information for Eqtec (EQT)

London Stock Exchange
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Share Price: 1.10
Bid: 1.05
Ask: 1.15
Change: -0.30 (-21.43%)
Spread: 0.10 (9.524%)
Open: 1.225
High: 1.225
Low: 1.075
Prev. Close: 1.40
EQT Live PriceLast checked at -

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IN BRIEF: Eqtec and Verde agree to amendment of subscription letter

Fri, 19th Apr 2024 14:18

Eqtec PLC on Friday - Cork, Ireland-based thermochemical conversion technology company - Says it agrees with Verde Corp to the amendement of a subscription letter first issued in early April for the conversion of debt into equity by shareholders Pitcole Ltd and Altair Group Investment Ltd. This comes after it was announced on April 2 that the Verde subscription had been postponed at the request of Verde, and that Eqtec had agreed to this delay in exchange for improved commercial terms with regards to the subscription price for the second tranche and the exercise price of its warrants. Under the new deal, the first subscription is for a cash consideration of GBP500,000 for 21.3 million shares at 2 pence each, or GBP0.024. The second subscription is for GBP1.0 million for 18.9 million shares at 5 pence each, or GBP0.053. Says agreement allows for funds to be received by May 16.

Current stock price: 1.90 pence, down 2.6%

12-month change: down 91%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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14 Jul 2022 12:54

IN BRIEF: Eqtec raises GBP4 million to fund projects

Eqtec PLC - Cork, Ireland-based gasification company focused on turning waste into sustainable energy - Raises GBP3.8 million in placing of 233.4 million new shares, subscription of 73.6 million PrimaryBid shares, and 443.0 million subscription shares, each at a price of 0.5 pence each. Proceeds will be used to maintain momentum with existing projects and potentially help pursue other projects. Currently has five plants under construction, with two approaching commissioning and commercial operations from 2022, with nearly 20 other projects under development.

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14 Jul 2022 11:16

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13 Jul 2022 19:32

TRADING UPDATES: Eqtec seeks raise; Black Sea Property buys

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11 Jul 2022 19:18

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7 Jul 2022 19:29

IN BRIEF: EQTEC to work with CompactGTL on waste-to-fuel projects

EQTEC PLC - Cork, Ireland-based gasification company focused on turning waste into sustainable energy - Signs collaboration framework agreement with modular, gas-to-liquids company CompactGTL, under which both companies will work on the design, development, construction and operations on waste-to-fuel projects and other infrastructure projects.

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1 Jul 2022 21:53

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24 Jun 2022 12:15

IN BRIEF: Eqtec signs deal with Anaergia to build waste-to-energy plant

Eqtec PLC - Cork, Ireland-based gasification company focused on turning waste into sustainable energy - Signs deal with Anaergia Inc for the construction and operation of a multi-technology, waste-to-energy facility at Southport Hybrid Energy park in Merseyside, UK. The company says the plant will accept 80,000 tonnes of pre-processed municipal solid waste annually. It will both recover organics produce refused-derived fuel and an Anaergia anaerobic digestion facility, which is designed to convert the recovered organics into six million cubic metres of biomethane every year, to be injected into the national gas transmission system.

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24 Jun 2022 11:56

Eqtec signs Anaergia on to Southport energy development

(Sharecast News) - Hydrogen and biofuels technology developer Eqtec announced on Friday that, through its wholly-owned subsidiary, Southport WTV and its partner Rotunda Group and Rotunda's subsidiary Shankley Biogas, the special-purpose vehicle has entered into a cooperation agreement with Anaergia.

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21 Jun 2022 22:13

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21 Jun 2022 14:52

Eqtec agrees proposed joint venture funding with Optima Bank

(Sharecast News) - Hydrogen and biofuels-focussed technology developer Eqtec announced the receipt and acceptance of non-binding heads of terms with Optima Bank for a debt facility on Tuesday, to support the construction of a 1MWe waste-to-energy project at Livadia, in Boeotia, Greece.

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30 May 2022 17:35

IN BRIEF: Eqtec rises on University of Lorraine study finding

Eqtec PLC - Cork, Ireland-based gasification company focused on turning waste into sustainable energy - Notes that the Universite de Lorraine has released a report verifying that the company's Advanced Gasification Technology successfully converts contaminated plastic waste into synthesis gas cleanly, stably and efficiently. Report was compiled by UoL following a series of successful tests on contaminated plastics undertaken in December 2021 at Eqtec's technology innovation facility in France.

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30 May 2022 14:43

Eqtec upbeat after positive report on its syngas technology

(Sharecast News) - Hydrogen and biofuel energy specialist Eqtec announced on Monday that the Université de Lorraine (UoL) has released a report verifying that its advanced gasification technology successfully converts contaminated plastic waste into synthesis gas (syngas) "cleanly, stably and efficiently".

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12 May 2022 16:01

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Crossword Cybersecurity PLCAGM
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Metal Tiger PLCAGM
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Capital & Regional PLCAGM
Chaarat Gold Holdings LtdAGM
Chesnara PLCAGM
Equals Group PLCAGM
European Assets Trust PLCAGM
Fidelity Japan Trust PLCAGM
Fintel PLCAGM
Fresnillo PLCAGM
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GENinCode PLCFull Year Results
Greggs PLCAGM
IQGeo Group PLCAGM
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Mears Group PLCAGM
Mercantile Investment Trust PLCAGM
Vitec Group PLCAGM
Vivo Energy PLCAGM
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Alliance Pharma PLCAGM
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Highcroft Investments PLCAGM
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PYX Resources LtdAGM
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Seplat Energy PLCAGM
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Copyright 2022 Alliance News Limited. All Rights Reserved.

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25 Apr 2022 17:50

TRADING UPDATES: Audioboom in maiden annual profit; Eqtec loss narrows

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