Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEqtec Share News (EQT)

Share Price Information for Eqtec (EQT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.275
Bid: 1.25
Ask: 1.30
Change: -0.05 (-3.70%)
Spread: 0.05 (4.00%)
Open: 1.35
High: 1.30
Low: 1.275
Prev. Close: 1.35
EQT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Distribution Finance lending up; Thruvision strong

Wed, 12th Oct 2022 18:13

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

----------

Georgia Capital PLC - Tbilisi, Georgia-based investor in businesses in Georgia - Its holding company, Georgian Renewable Power Operations JSC, which holds its operational renewable energy assets, closed a USD80 million green secured bond offer. The 5-year notes carry a 7.0% coupon. Chief Executive Irakli Gilauri notes this is its largest-ever corporate bond placement in Georgia.

----------

Distribution Finance Capital Holdings PLC - Manchester-based bank providing personal savings products and working capital to dealers and manufacturers - Says loan book reaches GBP334 million at September 30, up 34% since the start of the year. Chief Executive Carl D'Ammassa says: "The momentum we reported through the first half of the year has continued during the third quarter as we head into the critical re-stocking period and expect to see continuing loan book growth."

----------

Thruvision Group PLC - Abingdon, England-based people-screening technology - Expects revenue of GBP2.8 million for six months to September 30, which is up 41% year on year. Says USD8.3 million order backlog to be delivered during second half. Adds: "The group is entering a new phase in its development. With the strategically significant purchasing framework now in place with Customs & Border Protection; a material order backlog in place for our second half; and the balance of opportunities we see across our various end markets, we expect to deliver strong growth this financial year." Expects to break even this financial year, ending March 31.

----------

Eqtec PLC - Cork, Ireland-based gasification company focused on turning waste into sustainable energy - Says North Fork Community Power LLC enters agreement for a financial restructuring with the project lenders, for provision of a standby facility, of USD4.3 million. Notes this will see full funding for the project up to the commercial operations date. "The third-party funding has been agreed as part of a pre-negotiated petition filed by NFCP for relief under Chapter 11 of the US Bankruptcy Code," it explains. Firm is investor in North Fork project and plant uses its fuel technology.

----------

Ecora Resources PLC - London-based natural resources royalty company - Starts trading on the OTCQX Best Market in the US. "Trading on OTCQX will enhance the visibility and accessibility of the company to US investors. Ecora's shares will continue to trade on the London and Toronto Stock Exchanges," it adds.

----------

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
8 May 2024 16:27

TRADING UPDATES: Hellenic Dynamics and Ondine Biomedical raise funds

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

Read more
3 May 2024 20:10

TRADING UPDATES: Eqtec trading in line; Surface Transforms fundraise

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

Read more
1 May 2024 12:10

Eqtec now due GBP2.0 million settlement payment from Logik

(Alliance News) - Eqtec PLC on Thursday updated on the "positive" progress on its settlement with Logik Developments Ltd and its wholly-owned subsidiary Logik WTE Ltd, detailing it now expects to receive GBP2.0 million due to the timing of a site sale by Logik.

Read more
19 Apr 2024 14:18

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

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.

Read more
19 Apr 2024 11:13

Eqtec agrees amendment to Verde subscription

(Sharecast News) - Waste-to-energy technology developer Eqtec updated the market on the Verde Corporation subscription on Friday, confirming that an amendment to the subscription letter had been agreed upon with Verde.

Read more
3 Apr 2024 16:35

IN BRIEF: Eqtec shares surge as reaches settlement with Logik

Eqtec PLC - Cork, Ireland-based thermochemical conversion technology company - Reaches settlement agreement with Logik Developments Ltd and its subsidiary Logik WTE Ltd. Eqtec will receive about GBP1.7 million by around early May, as Logik will pay the sum within the next business day of a sale of a site at Weighbridge Road in Deeside Industrial Park which is expected to complete on or before April 30. If the sale is delayed to between May 1 and November 30, Eqtec will receive GBP2.0 million, and if it is delayed beyond November Eqtec will receive the GBP2.0 million sum plus interest at 4% above the Bank of England base rate on any part of the settlement that it not paid according to the settlement terms.

Read more
2 Apr 2024 19:02

TRADING UPDATES: Roadside shares suspended; Adnams looks for funds

(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
11 Mar 2024 11:59

Eqtec says completion of subscription postponed due to delayed funding

(Alliance News) - Eqtec PLC on Monday said that it has postponed the planned completion of a share subscription.

Read more
23 Feb 2024 08:59

TRADING UPDATES: Plant Health eyes Mexico Saori launch; NARF wins deal

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

Read more
13 Feb 2024 11:44

Eqtec secures new strategic investor, shares spark

(Sharecast News) - Shares in Eqtec rallied on Tuesday, after the AIM-listed energy technology firm raised £500,000 through a new strategic investor.

Read more
13 Feb 2024 09:13

IN BRIEF: Eqtec shares rise on new subscription and debt conversion

Eqtec PLC - Cork, Ireland-based thermochemical conversion technology company - Raises gross proceeds of GBP500,000 through direct subscription of 21.3 million shares at 2.35 pence each by strategic investor Verde Corp of US-based Verde Group. Company will use funds to contribute to ongoing working capital requirements. Verde has also committed to second subscription for shares at 4.75p each for GBP1 million in total.

Read more
16 Jan 2024 14:03

UPDATE: Eqtec forms joint venture with CompactGTL for sustainable fuel

(Alliance News) - Eqtec PLC on Tuesday said it has entered a joint venture agreement with CompactGTL Ltd for renewable synthetic fuels.

Read more
16 Jan 2024 13:08

Eqtec's Italian plant gets EUR 2.9m loan approved

(Sharecast News) - Waste-to-fuel specialist Eqtec announced approval from Banca del Fucino, a historic private banking group based in Rome, to draw down a €2.9m loan facility on Tuesday.

Read more
16 Jan 2024 11:58

LONDON MARKET MIDDAY: FTSE 100 falls despite cooler UK wage growth

(Alliance News) - The FTSE 100 in London was down at midday Tuesday, as investors nervously eye Wednesday's UK inflation data and what it will mean for interest rates.

Read more
16 Jan 2024 10:55

Eqtec shares soar as MetalNRG hails loan drawdown for Italy plant

(Alliance News) - MetalNRG PLC on Tuesday congratulated Eqtec PLC as the latter celebrated the pending drawdown of a loan to finance its plant in Tuscany.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.