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Pin to quick picksRurelec Share News (RUR)

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Share Price: 0.425
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Northern Petroleum Chief makes modest investment

Mon, 03rd Feb 2014 16:59

Northern Petroleum on Monday announced that its Chief Executive Officer, Keith Bush, had the same day purchased 85,000 ordinary shares. Costing 31.18p each, Bush spent a total of £26,503 on the shares. The purchase marks his only holding in the group. Meanwhile, fellow board member, Stewart Gibson, who is one of the oil and gas group's Non-Executive Directors, spent £31,000 on 100,000 shares, which similarly marks his only stake in the group too. Gibson, former Chief Executive Officer of TSX-V listed Sterling Resources, joined the group in December. Top Director BuysDatatec Ltd. (DI) (DTC) Director name: Mr Jens MontananaAmount purchased: 25,000 @ 262.21p Value: £65,552Diageo (DGE) Director name: Mr Ivan MenezesAmount purchased: 34,000 @ 1,799.38p Value: £611,789Northern Petroleum (NOP) Director name: Mr Stewart Glen GibsonAmount purchased: 100,000 @ 31.00p Value: £31,000Northern Petroleum (NOP) Director name: Mr Keith Bush Amount purchased: 85,000 @ 31.18p Value: £26,503Rurelec (RUR) Director name: Mr Brian RowbothamAmount purchased: 100,000 @ 13.25p Value: £13,250Top Director SellsPorvair (PRV) Director name: Mr Ben StocksAmount sold: 200,000 @ 285.00p Value: £570,000Porvair (PRV) Director name: Mr Christopher TylerAmount sold: 85,000 @ 285.00p Value: £242,250Renew Holdings (RNWH) Director name: Mr Brian MayAmount sold: 57,140 @ 197.63p Value: £112,926Renew Holdings (RNWH) Director name: Mr John SamuelAmount sold: 57,140 @ 197.63p Value: £112,926NR
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8 Dec 2023 18:32

IN BRIEF: Rurelec disposes of Cochrane Power and Chilean subsidiaries

Rurelec PLC - cash shell and owner of turbines - Completes the disposal of Cochrane Power Ltd, as well as its Chilean subsidiaries, Rurelec Chile SpA, Rurelec Chile Limitada, Termoelectrica del Norte SA and Central Illapa, SA. These were originally formed with the intention of developing, owning and operating power stations in Chile. Accordingly, GBP25,000 for the disposal has now been received.

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TRADING UPDATES: On The Beach rejigs board, names new CEO and CFO

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12 Jun 2023 12:11

Rurelec shares jump as payout to follow close of Argentina assets sale

(Alliance News) - Rurelec PLC on Monday said it has completed the disposal of its Argentinian assets to Verafont SA, Basic Energy Ltd and Esteban Reynal for up to GBP4 million.

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1 Jun 2023 14:12

Rurelec shareholders approve sale of Argentinian interests

(Alliance News) - Rurelec PLC on Thursday said shareholders approved the planned disposal of its Argentinian assets to Verafont SA, Basic Energy Ltd and Esteban Reynal for up to GBP4 million.

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25 May 2023 15:48

UK shareholder meetings calendar - next 7 days

Friday 26 May 
AG Barr PLCAGM
Argos Resources LtdGM re disposal and cancellation
Bank of Cyprus Holdings PLCAGM
Fox Marble Holdings PLCGM re admission on AIM and acquisition of Eco Buildings Group Ltd
Glencore PLCAGM
Itsarm PLCGM re delisting from AIM
Keywords Studios PLCAGM
Let's Explore Group PLCGM re proposed tender offer to purchase shares
NFT Investments PLCGM re shares purchase
Non-Standard Finance PLCAGM
Old Mutual LtdAGM
Solgenics LtdGM re cancellation from admission to trading on AIM
ThomasLloyd Energy Impact Trust PLCAGM
Unbound Group PLCAGM
XLMedia PLCAGM
Monday 29 May 
no events scheduled 
Tuesday 30 May 
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Aseana Properties LtdAGM
Aseana Properties LtdGM re discontinuation resolution
BioPharma Credit PLCAGM
Gresham House Energy Storage Fund PLCAGM
Integrated Diagnostics Holdings PLCAGM
Maintel Holdings PLCAGM
Malvern International PLCAGM
Manx Financial Group PLCAGM
Sportech PLCAGM
Superdry PLCGM re disposal of some IP assets
Watchstone Group PLCAGM
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Aferian PLCAGM
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Thungela Resources LtdAGM
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PageGroup PLCAGM
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16 May 2023 13:56

IN BRIEF: Rurelec sells Argentinian assets and promises special payout

Rurelec PLC - South America-focused power producer and developer of power plants - Agrees to sell Argentinian interests to Verafont SA, Basic Energy Ltd and Esteban Reynal for up to GBP4 million. This includes Rurelec's interest in Central Termica Patagonia, a 138 megawatt combined cycle powerplant located in Comodoro Rivadavia. Sale is subject to shareholder approval, and completion is expected in June. Rurelec will pay shareholders a special dividend of 0.20 pence per share and will retain the remaining GBP1.1 million as working capital for the next phase of its development.

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25 Jan 2023 13:29

Rurelec liquidity position worsens on Argentina cash failure

(Alliance News) - Rurelec PLC on Wednesday said that it might not be able to raise working capital on reasonable terms or at all, as it failed to receive any more cash from Argentina.

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