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 picksRoss Grp. Share News (RGP)

  • This share is currently suspended. It was suspended at a price of 0.5575

Share Price Information for Ross Grp. (RGP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.5575
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.00 (0.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 0.5575
RGP Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Ross Group acquires Chitin developer AAG in all-share transaction

Thu, 27th Sep 2018 14:23

(Sharecast News) - Ross Group announced on Thursday that, subject to certain conditions, it has agreed to acquire the entire issued share capital of Archipelago Aquaculture Group (AAG) from Global Blue Technologies.The London-listed firm said AAG, including all subsidiaries, currently had nil gross assets, revenues or attributable profits.It said it planned to start producing revenue in the "near future", having already achieved proof-of-concept in its specialised extraction of Chitin, which was understood to be "one of the most environmentally-friendly and economically effective" extraction processes within its industry.Chitin is a natural biodegradable polymer involved in the plastics, agricultural, veterinary, textile, cosmetic and pharmaceutical industries.AAG intended to focus on providing the "highest possible quality" Chitin to targeted pharmaceutical customers on a very selective strategic basis, Ross explained.The consideration for the acquisition was 17,947,943 ordinary shares at a placing price of 1p per share to the current AAG shareholders , representing 10% of Ross Group's existing issued share capital.Also, as an additional consideration for the acquisition, Ross Group said it would issue 26,667,262 ordinary shares, representing an overall total 9.9% of its existing enlarged issued share capital, at a price of 1p per consideration share to the current AAG shareholders.Upon completion of the acquisition, Global Blue Technologies will own 44,615,205 ordinary shares, representing a total 19.9 % of the enlarged share capital of Ross Group."This is an excellent acquisition for Ross Group and its shareholders, which I see as being the starting point of a new development to our existing business for the group and the opportunity for Mari Signum and Prometheus to become one of the leading supply chain providers of Chitin," said Ross Group chairman and chief executive officer Barry Richard Pettitt.
More News
2 Nov 2023 20:54

TRADING UPDATES: Inspiration Healthcare launches new ventilator

(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
24 Mar 2023 17:24

IN BRIEF: Ross Group loss narrows in 12 months ended December

Ross Group PLC - supply chain management and distribution company - Reports results for period to December 31, which is now its half-year end date. The company has changed its year-end date to June 30. Figures released on Friday, though encompassing the company's results for the 12 months to December 31, are referred to as its half-year report. During the period, Ross Group's pretax loss amounted to GBP854,000. For the six months to June 30, 2021, its pretax loss amounted to GBP85,000. For the year ended December 31, 2021, its pretax loss totalled GBP2.6 million. Like in the prior periods, Ross Group reported no revenue.

Read more
23 Dec 2022 15:47

UK shareholder meetings calendar - next 7 days

Monday 26 December 
no events scheduled 
Tuesday 27 December 
Zambeef Products PLCAGM
Wednesday 28 December 
Evrima PLCAGM
Greencare Capital PLCGM re proposed name change
Lift Global Ventures PLCGM re proposed expansion within the energy sector
Thursday 29 December 
Amte Power PLCAGM
ADVFN PLCAGM
Genedrive PLCAGM
Hotel Chocolat Group PLCAGM
Lekoil LtdEGM re proposed settlement and name change
Online Blockchain PLCAGM
PetroNeft Resources PLCAGM
SkinBioTherapeutics PLCAGM
Friday 30 December 
Amala Foods PLCAGM
Apollon Formularies PLCAGM
Europa Metals LtdGM re Denarius transaction
Goldplat PLCAGM
Ncondezi Energy LtdAGM
Ross GroupAGM
Secure Property Development & Investment PLCAGM
Time Out Group PLCAGM
  
Copyright 2022 Alliance News Ltd. All Rights Reserved.

Read more
23 Nov 2022 17:40

IN BRIEF: Ross Group signs exclusive supply chain management deal

Ross Group - London-based supply chain management and distribution company - Enters into a global exclusive supply chain management agreement with Energy Group LLC in US to initiate, monitor and manage all of their green hydrogen production and projects. Agreement will be principally through its subsidiary Ross Diversified Trading Ltd, which will be renamed as Energy Group International Ltd.

Read more
30 Sep 2022 21:57

EARNINGS UPDATES: Ross Group, Goldstone, Caerus interim loss widens

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

Read more
1 Jul 2022 11:11

SHARE SUSPENSIONS: Windar, BiON, Argos Resources, Ross miss deadline

(Alliance News) - UK-listed companies that had their shares suspended on Friday as they missed the June 30 annual results deadline.

Read more
29 Jun 2022 21:29

TRADING UPDATES: Aquila closes acquisition; Mila's "impressive" assays

(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
8 Jun 2022 17:43

IN BRIEF: Ross Group raises GBP163,000 through placing of shares

Ross Group PLC - London-based supply chain management and distribution company - Raises GBP162,657 through a placing of 9.1 million shares at a price of 1.79 pence per share.

Read more
15 Sep 2021 17:32

TRADING UPDATES: Strong interim results from Epwin, Bridgepoint

TRADING UPDATES: Strong interim results from Epwin, Bridgepoint

Read more
29 Jun 2021 15:49

IN BRIEF: Ross Group 2020 loss slims in "challenging" year

IN BRIEF: Ross Group 2020 loss slims in "challenging" year

Read more
29 Sep 2020 14:33

UK EARNINGS SUMMARY: John Menzies Struggles As Travel Demand Plunges

UK EARNINGS SUMMARY: John Menzies Struggles As Travel Demand Plunges

Read more
22 Oct 2019 15:56

Ross Group Scientific Advisory Chair Robin Rogers Joins Company Board

Ross Group Scientific Advisory Chair Robin Rogers Joins Company Board

Read more
29 Aug 2019 16:55

Ross Group In Interim Loss As It Pursues Investment Plan

(Alliance News) - Supply chain management and distribution company Ross Group PLC on Thursday reported that it swung to a loss in the first half of 2019 on no revenue but remained buoyed by the it

Read more
12 Oct 2018 16:00

UK Shareholder Meetings Calendar - Next 7 Days

Monday 15 OctoberCaretech Holdings (re purchase of Cambian Group)Cambian Group (re acquisition by CareTech 16 17 Billiton

Read more
12

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.