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Share Price: 125.50

Bid: 124.00

Ask: 127.00

Change: 2.00 (1.62%)

Spread: 3.00 (2.419%)

Open: 123.50

High: 125.50

Low: 123.50

Prev. Close: 123.50

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IN BRIEF: Amte Power pursuing sale of assets; appoints administrators

Fri, 19th Jan 2024 14:27

Amte Power PLC - London-based lithium-ion and sodium-ion battery cells developer - Appoints administrators from FRP Advisory Trading Ltd as it engages in "advanced negotiations" for the sale of its business and assets to an unnamed third party.

WH Ireland ltd has resigned as nominated adviser following the appointment. Should the company fail to appoint a replacement within one month, admission of its shares to trading on the AIM market of the London Stock Exchange will be cancelled.

Current stock price: Suspended, last closed at 0.88 pence on December 19

12-month change: down 98%

By Hugh Cameron, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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(Sharecast News) - Professional services provider FRP Advisory Group reported a 25% improvement in first-half revenue on Thursday, to £44.7m, or an 8% rise on an organic basis.

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FRP Advisory enjoying 'highly liquid' UK market

(Sharecast News) - Specialist business advisory company FRP Advisory Group said in an update on Wednesday that the UK market was still "highly liquid", with pent-up capital being deployed by both corporate buyers and private equity outfits.

22 Sep 2021 17:52

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27 Jul 2021 14:11

FRP Advisory posts strong full-year results

(Sharecast News) - Professional services company FRP Advisory Group reported a 25% improvement in revenue in its full-year results on Tuesday, to £79m, with organic growth of 15% and inorganic growth coming in at 10%.

20 Jul 2021 15:53

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Sunday share tips: tinyBuild, FRP Advisory

(Sharecast News) - The Financial Mail on Sunday's Midas column recommended shares of videogame maker, tinyBuild, to the "adventurous" investors among us.

14 May 2021 09:15

FRP Advisory Group expects double-digit earnings growth in year

14 May 2021 08:09

FRP to beat expectations in first full year as listed firm

(Sharecast News) - Professional services provider FRP Advisory Group reported a "strong performance" in its first full financial year as a publicly-listed company on Friday, reporting that it was expecting to top its own guidance for the 12 months just ended.

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IN BRIEF: Amte Power pursuing sale of assets; appoints administrators

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