We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOracle Power Share News (ORCP)

Share Price Information for Oracle Power (ORCP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.03
Bid: 0.028
Ask: 0.032
Change: -0.001 (-3.23%)
Spread: 0.004 (14.286%)
Open: 0.031
High: 0.031
Low: 0.03
Prev. Close: 0.031
ORCP 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: Secure Trust sells debt assets; new Brickability JV

Fri, 11th Mar 2022 12:12

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

----------

Secure Trust Bank PLC - Solihull, England-based savings accounts and lending services provider - Exits debt purchase market and Debt Managers Services Ltd arm sells portfolio of loans to Intrum AB. Cash sum for deal to be determined by value of loan on deal completion. Gross value of portfolio as of September 30 was GBP84.7 million. Forecast cash consideration should deal be sealed on May 31 in GBP79.7 million.

----------

Brickability Group PLC - Bridgend, Wales-based construction materials distributor - Forms joint venture with La Perla Participaties BV and Harold Kock. JV will be focused on manufacture of clay roof tiles through jointly-owned entity Schermbecker Building Products GmbH. Will operate in Germany. Once fully operational, JV is expected to produce roughly 45,000 tonnes of clay roof tiles per year for distribution markets in UK and Europe. Brickability to hold 50% interest following a EUR500,000 investment.

----------

Hardide PLC - Oxfordshire-based advanced surface coating technology developer - Expects first half sales to rise 40% annually. Company ends its financial year on September 30. "Earlier this month we were particularly pleased to announce developments in the power generation sector with the first production set of gas turbine blades coated and delivered to Ansaldo Energia. The second set of turbine blades is due to be received later this month and further sets of blades are due to be received throughout this year," Hardide says.

----------

Oracle Power PLC - London-based power and natural resource project developer with projects focused in Pakistan - Appoints H&P Advisory Ltd as financial adviser and consultant to Oracle in respect to potential green hydrogen project in Pakistan. Company says: "H&P will focus exclusively on the project, providing strategic advisory and financial services to realise its full potential for the benefit of Oracle stakeholders, including the preparation of a valuation model."

----------

Pembridge Resources PLC - London-based copper-focused mining company - Says Minto Metals Corp makes first repayment to Pembridge for CAD4 million, about GBP million, loan. Minto has paid CAD500,000, with further payment of same amount to be made by end of March.

----------

Empyrean Energy PLC - oil & gas explorer and producer with assets in China, Indonesia and US - Secures China Oilfield Services Ltd Nh9 drill rig for Jade well at Block 29/11 permit, offshore China. On Monday, company said China Oilfield completed well site survey required over Jade prospect drilling location.

----------

UK Oil & Gas PLC - London-based oil and gas company focused on operations in the UK - Updates on appeal process for Loxley gas project consent. An inspector submits report to UK Secretary of State to assist in ruling. "The planning inspectorate has also advised that they expect the SoS to issue his decision on or before 7 June 2022," UK Oil adds. In January, UK Oil said its appeal against Surrey County Council's refusal to consent for Loxley project was recovered by central government.

----------

Touchstone Exploration Inc - Calgary, Canada-based upstream oil and gas company - Says Trinidad & Tobago approves five-year extension of exploration period for Ortoire Licence to July 31, 2026. Touchstone must drill three well to minimum depths of 6,000 vertical feet before end of term. "The three exploration wells are in addition to the five previous wells drilled to date on the property. Similar to the previous minimum work program, we will be responsible for 100% of the drilling, completion and testing costs for the three additional exploration wells," company adds.

----------

Getech Group PLC - Leeds, England-based provider of geoscience data - Says subsidiary H2 Green Ltd lands deal with Highland Council in Scotland for creation of regional network of green hydrogen hubs. "This infrastructure will accelerate the decarbonisation of the Highlands council area, the largest administrative unit in the United Kingdom covering almost a third of Scotland," Getech says. Highland Council will contribute initial GBP100,000.

----------

Brandshield Systems PLC - London-based cybersecurity solutions provider - Reports findings from "disruption programme" undertaken alongside Pharmaceutical Security Institute. Duo had aim of "monitoring, detecting, and removal of online threats". "Over the 12-month period, BrandShield took down over 850 rogue pharmacies across websites and social media, 4,000 social media posts, and more than 14,000 fraudulent marketplace listings, where a minimum estimated value of USD1.8 million of counterfeits was removed," company says. On Monday, Brandshield said it secured a new client in online gaming field. Brandshield was picked to reduce risks of social media impersonation, phishing sites, online traffic diversion and trademark infringements.

----------

Good Energy Group PLC - London-based renewable energy supplier - Says Zap-Map teams with UK car breakdown cover specialists RAC. Tie-up will allow RAC members to get their electric vehicles charged "as quickly as possible".

----------

Sure Ventures PLC - London-based investment and venture capital company - Says AI investee Getvisibility seals EUR10 million funding round. Raises new equity from venture capital firms Alpha Intelligence Capital and Fortino Capital. Existing investors, Sure Ventures included, also participate. Sure invests EUR310,773. Pires Investments PLC, meanwhile, invests EUR50,000. Pires made original Getvisibility investment of EUR250,000 in March 2020.

----------

One Media iP Group PLC - digital music rights acquirer - Acquires licensor's share of the royalties to the Orbital Digital Ltd catalogue of rights. Catalogue includes "several thousands of recordings". "The catalogue ranges from classical through to Dance/Hip Hop and features a wide range of artists such as; Jose Carreras, Jo Jo Adams, Kool & the Gang, Irish Tenor Trio, Alexandra O'Neal, Joe Strummer, Sid Vicious, Chic, Lee Perry, The Lambrettas, Dread Filmstone, Sex Pistols, Suketu, Col Abram, Psy-Co-Billy, Rachel Porter's all female Orchestra, Ebn ozn," One Media says.

----------

DP Eurasia NV - master franchisee of Domino's Pizza brand in Turkey, Russia, Azerbaijan and Georgia - Says there has been no material disruption to its operations so far. "Trading from its 188 stores in Russia continues, and the group remains dedicated to the communities it serves," it asserts. DP Eurasia does, however, say it felt it is "prudent" to limit any further investment into its operations. It also has suspended royalty payments from its Russian operations. Will continue monitoring situation and provide further update with annual results, set to be published on April 5.

----------

Belvoir Group PLC - Lincolnshire, England-based residential property lettings and sales company - Acquires Mr and Mrs Clarke Ltd for GBP200,000. MMC is a concierge-style personal estate agency which has a network of 10 licensed partners, mostly based around Warwickshire, South Wales, the Midlands and North London in England.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
18 Jul 2023 17:30

TRADING UPDATES: Great Southern Copper identifies high-grade copper

(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
29 Jun 2023 13:17

EARNINGS SUMMARY: Belluscura loss widens; Civitas Social ups payout

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

Read more
26 Jun 2023 10:33

IN BRIEF: Oracle Power teams up with Global Green Growth Institute

Oracle Power PLC - London-based, Pakistan-focused energy projects developer - Enters memorandum of understanding with Seoul-headquartered Global Green Growth Institute, valid for next five years. GGGI will provide Oracle with opportunities to engage with industry stakeholders, to facilitate development and finance green energy projects. Both parties will share knowledge and best practices to promote renewable energy sources in GGGI member and partner countries. GGGI, led by former United Nations Secretary General Ban Ki-moon, aims to promote sustainable development in developing and emerging Asian countries and help them achieve Net Zero goals by 2050.

Read more
22 Jun 2023 10:52

IN BRIEF: Oracle Power raises funds for green project with Dubai royal

Oracle Power PLC - Pakistan-focused energy projects developer - Raises GBP363,000 through placing 323.0 million shares and a subscription for 40.0 million shares, both at 0.1 pence per share. Proceeds will primarily support the advancement of Oracle's green hydrogen project through its joint venture with Sheikh Ahmed Dalmook Al Maktoum and for general working capital purposes. Al Maktoum is Oracle Power's largest investor and has a 70% share in the JV. Trading in London of the fundraising shares is expected to start on or around June 27.

Read more
22 Jun 2023 10:17

AIM WINNERS & LOSERS: Biome wins contract; Oracle raises GBP363,000

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

Read more
22 Jun 2023 08:57

LONDON MARKET OPEN: FTSE 100 struggles ahead of anticipated BoE hike

(Alliance News) - Stock prices in London opened lower on Thursday, ahead of the Bank of England's interest rate decision at midday, which is expected to result in the central bank's 13th consecutive hike.

Read more
5 Jun 2023 12:41

Oracle Power inks deal to develop commercial side of Pakistan project

(Alliance News) - Oracle Power PLC on Monday said that its subsidiary has signed an agreement to develop commercial avenues for a green hydrogen project in Pakistan.

Read more
30 May 2023 18:01

IN BRIEF: Oracle Power aims to add solar and wind to hydrogen project

Oracle Power PLC - Pakistan-focused developer of energy projects - Updates on green hydrogen project development. Notes the project steering committee has already held its first meeting. Adds project has taken another major step forward in relation to the completion of the bankable feasibility studies for the 1.2 gigawatt hybrid power grid interconnection and storage architecture for the project. Consultants have been commissioned and funded to conduct power studies, and establish the feasibility of integrating solar and wind energy technologies into the project. The hybrid power study encompassing 700 megawatt solar and 500 megawatt wind power, is expected to be completed by the third quarter.

Read more
16 May 2023 17:26

IN BRIEF: Oracle Power signs deal for Thar power plant in Pakistan

Oracle Power PLC - Pakistan-focused developer of energy projects - Signs memorandum of understanding for the off-take and development of its 1.32 gigawatt Thar coal fired power plant in the Sindh Province, Pakistan.

Read more
9 May 2023 14:45

TRADING UPDATES: Rainbow Rare Earths raises GBP7.5 million in placing

(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
27 Apr 2023 17:35

TRADING UPDATES: Yourgene Health sees revenue above market forecasts

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

Read more
19 Apr 2023 13:57

Oracle Power progresses Pakistan project with PowerChina agreement

(Alliance News) - Oracle Power PLC on Wednesday said that it has signed a cooperation agreement with PowerChina International Group Ltd to develop a one gigawatt solar-based power production plant in Pakistan.

Read more
20 Mar 2023 11:09

Oracle Power registers land lease with Sindh government in Pakistan

(Alliance News) - Oracle Power PLC on Monday said the award of its recently acquired land lease has now been registered in the government of Sindh's land registry.

Read more
7 Mar 2023 12:05

Oracle Power signs green hydrogen project accord with Chinese partner

(Alliance News) - Oracle Power PLC on Tuesday said it signed a memorandum of understanding with China Electric Power & Technology Co Ltd to potentially develop a green hydrogen project in Pakistan.

Read more
6 Mar 2023 14:32

IN BRIEF: Coro Energy to appoint Oracle Power CEO as non-exec director

Coro Energy PLC - South East Asia-focused energy - Says it intends to appoint current chief executive officer of Oracle Power PLC Naheed Memon as a non-executive director. Says Memon has extensive experience in both the public and private sector in Pakistan and internationally.

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.