Metalnrg Plc Share News (MNRG)

MetalNRG hails "another significant" legal boost in Rocco dispute

(Alliance News) - MetalNRG PLC on Thursday reported a legal "win" amid an ongoing dispute with one-time board member Pierpaolo Rocco.

IN BRIEF: MetalNRG says court rejects appeal related to ex-director

MetalNRG PLC - investor in natural resources and energy - Appeal hearing regarding MetalNRG's claim for the return of GBP1.0 million paid to Brit Energy Holdings LLP and BritNRG Ltd is held at UK High Court on Friday last week. Says appeal by Brit Energy and BritNRG is rejected and the outstanding GBP574,000 is now to be paid to MetalNRG, together with interest, appeal costs and legal fees. Notes Brit Energy and BritNRG had lost their case in the first instance and had paid GBP450,000 of the GBP1.0 million.

MetalNRG says its GBP1.0 million claim against Rocco is successful

(Alliance News) - MetalNRG PLC on Monday said its claim against its executive director for oil and gas Pierpaolo Rocco was successful, in which it demanded the return of GBP1.0 million in pay and damages from Rocco.

TRADING UPDATES: African Pioneer hails copper intercepts in Zambia

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

IN BRIEF: MetalNRG shareholders support board at requisitioned meeting

MetalNRG PLC - investor in natural resources and energy - Says resolutions proposed by 7.3% shareholder Edward Spencer are not passed at requisitioned general meeting held on Wednesday. Back at the start of December, Spencer had proposed to remove Chair Christopher Latilla-Campbell and Chief Executive Rolf Gerritsen from the board, and to appoint himself, Adrian Pocock, Paul McKillen and Christopher Palmer as directors of the company. MetalNRG didn't provide the exact vote, only that proxy votes and letters of representation were received for 553.5 million shares. MetalNRG has 1.23 billion shares in total issued.

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: MGC cuts costs; Ince gets Arden sale green light

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

TRADING UPDATES: Logistics Development buys Alliance Pharma shares

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

IN BRIEF: MetalNRG investor demands meeting to remove chair and CEO

MetalNRG PLC - investor in natural resources and energy - Edward Spencer, a 7.3% shareholder, sends letter asking the company to convene a general meeting. Spencer proposes to remove Chair Christopher Latilla-Campbell and Chief Executive Rolf Gerritsen from the board, and to appoint himself, Adrian Pocock, Paul McKillen and Christopher Palmer as directors of the company. MetalNRG made no comment on the requisition other than to say the meeting must be held within 28 days of the letter's date of November 28.

SMALL-CAP WINNERS & LOSERS: NARF signs development deal with NYU

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

Eqteq raises extra EUR1.5 million to enhance waste to energy plant

(Alliance News) - Eqtec PLC on Tuesday said it raised funding to support additional investments to make the Eqtec Italia waste energy plant more resilient to changing economic conditions.

IN BRIEF: MetalNRG says defendants fail to meet terms of court order

MetalNRG PLC - London-based investor in natural resources and energy - Says it received on Thursday a second payment of GBP250,000 from BritEnergy Holdings LLP and BritNRG Ltd for the recision of certain contracts and restitutions.

SMALL-CAP WINNERS & LOSERS: Foxtons sees 2022 ahead of expectations

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

TRADING UPDATES: Valereum loss widens; Audioboom revenue jumps

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

Eqtec transfers GBP100,000 MetalNRG shares as guarantor of loan

(Alliance News) - MetalNRG PLC on Friday said that Eqtec PLC transferred shares in the company to Global Investment Strategy UK Ltd as guarantor in a loan agreement.