Parkmead Share News (PMG)

Parkmead Information

Buy PMG Shares
Add PMG to Watchlist
Add PMG to Alert

Share Price Information for Parkmead (PMG)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 15.75

Bid: 15.50

Ask: 16.00

Change: 0.00 (0.00%)

Spread: 0.50 (3.226%)

Open: 15.75

High: 15.75

Low: 15.75

Prev. Close: 15.75

Last checked at -

IN BRIEF: Parkmead acquires wind power company for GBP3.3 million

Tue, 01st Feb 2022 12:16

Parkmead Group PLC - Netherlands and UK-focused gas explorer based in London - Acquires entire share capital of Kempstone Hill Wind Energy Ltd, which owns a 1.5 megawatt onshore wind farm in Scotland. Company pays GBP3.3 million in cash, and assumed project loan of GBP990,000, with an economic transaction date of October 1. Parkmead says the acquisition will boost its presence in renewable energy and electricity market.

Kempstone Hill brought in GBP380,000 million in revenue and had adjusted earnings before interest, tax, depreciation and amortisation of GBP230,000 in financial 2021. On October 1, it had gross assets worth GBP1.8 million and GBP300,000 in cash.

"Kempstone Hill provides another revenue-generating asset to Parkmead, which has a long-life and a very steady stream of cash flow. This operational wind farm is complementary to our earlier stage, high-upside renewable energy projects," said Executive Chair, Tom Cross.

Current stock price: 39.86 pence, up 2.3%

12-month change: up 17%

By Elizabeth Winter; elizabethwinter@alliancenews.com

More News

24 Dec 2010 20:20

Resource stocks dominate the list of winners

In the unlikely event that a family member will buy you a TARDIS or some other time travelling device for Christmas, here is an overview of stocks that you should have bought at the end of 2009. Oil and gas-focused investor and adviser Parkmead Group put in a late spurt to claim the title of best p

20 Oct 2010 08:09

Dana chief to chair Parkmead

Dana Petroleum's founder and chief executive Tom Cross is taking over as executive chairman at oil and gas-focused investor and adviser Parkmead Group. Cross, who tried unsuccessfully to fend off the recent £1.7bn bid from Korea's KNOC, will replace non-executive chairman and former BP man Colin Go

23 Sep 2010 16:40

London close: Late rally trims losses

London staged a last hour rally but didn't rise by enough to eliminate losses sparked by a weak start on Wall Street. News that Brazilian oil company Petrobas will launch a world record $78bn rights issue helped other oil companies. BP, Shell and Cairn all picked up near the close. Expectation t

23 Sep 2010 14:24

London afternoon: US shadow increases London gloom

Expectations of a weak start on Wall Street, after poor US jobless data, sent London lower still over the lunch time session, with banks and miners continuing to feature prominently among the blue-chip fallers. Lloyds and Standard Chartered are the worst performing banking stocks as worries resur

23 Sep 2010 13:33

Parkmead cuts loss

Oil and gas-focused investor and adviser Parkmead Group has been transformed by the November 2009 purchase of energy sector consultancy Aupec. Cost savings have been made by moving the Parkmead operations into Aupec's Aberdeen office and Aupec has also boosted group revenues. Aupec, was a spin o

4 Dec 2009 08:14

Small caps round-up: Lees, Pubs 'n' Bars, Parity...

Scottish cake and sweet maker Lees Foods has reached an 'amicable settlement' with the former directors of Patisserie UK after a dispute over the disappointing performance of the pastry supplier following its acquisition by Lees. Under the terms of the settlement, Lees will receive about £225,000,

22 Jun 2009 16:57

Parkmead men buy 10m shares each

There's been heavy buying of investment company Parkmead recently, with bosses keen to snap up stock near historic lows. Non-executive chairman Colin Goodall and non-executive director Thomas Cross both bought 10m shares at 1p each. The £100,000 purchases take former BP man Goodall's stake to 12m

Latest Share Chat

Parkmead Share News (PMG)

Share Price Information for Parkmead (PMG)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

IN BRIEF: Parkmead acquires wind power company for GBP3.3 million

Resource stocks dominate the list of winners

Dana chief to chair Parkmead

London close: Late rally trims losses

London afternoon: US shadow increases London gloom

Parkmead cuts loss

Small caps round-up: Lees, Pubs 'n' Bars, Parity...

Parkmead men buy 10m shares each

Login to your account

Quickpicks are a member only feature

Login to your account