The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSan Leon Share News (SLE)

  • This share is currently suspended. It was suspended at a price of 16.14

Share Price Information for San Leon (SLE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 16.14
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: 16.14
SLE 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: Voyager Life pulls out of Polish deal with Goodbody

Tue, 04th Jul 2023 16:42

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

----------

San Leon Energy PLC - Dublin-headquartered oil and gas company focused on Nigeria - Announces update in relation to the proposed transactions with Midwestern Oil & Gas Company Ltd and the company's further conditional investments in Energy Link Infrastructure Ltd. Says all longstop dates in relation to the transaction have been extended to July 31. Continues to believe the deal has the potential to be transformational but is mindful of the recent legal challenge by NNPC Ltd and OML 18 Energy Resource Ltd and the uncertainty that this will cause. Explains the extension of the longstop dates will enable the board to continue to keep these developments under review. Further, says talks in relation to securing an alternative USD50 million loan facility to be applied towards the transaction continue. This would satisfy working capital requirements and enable payment of unpaid creditors. Remains optimistic conclusion will be reached. Given company is not in a position to publish accounts for the year to December 31, 2022, shares have been suspended, effective July 3.

----------

Supply@Me Capital PLC - fintech platform - Announces the completion of commercial agreements for the first inventory monetisation using traditional funding sources. Follows statement in June that it had secured a binding commitment from an institutional investor to invest in the first UK IM transactions up to GBP5 million. Notes under this agreement the commitment provided by the investor will be used by Supply@ME to monetise up to GBP1.8 million of warehoused goods of a UK client company, which provides parts and technology to the global marine industry. Expects average annual fees to be invoiced by the company to equate to around 3% of the gross value of the inventory monetised.

----------

Eight Capital Partners PLC - capital market company - Announces delay to the publication of its audited accounts for the year to December 31, 2022. As a result, requests temporary suspension of trading in its shares effective July 3. Delay has arisen as a result of a decision to reclassify the accounting treatment of its 1AF2 Ltd Sec Bonds 21-24 fixed rate bonds.

----------

Power Metal Resources PLC - metals exploration company - Announces the initiation of a consulting agreement with Jasper Consult DMCC, a London and Dubai based strategic consultant. Believes that the relationship with Jasper Consult creates an opportunity to build a new exploration asset base in the region.

----------

Bank of Cyprus Holdings PLC - Nicosia-based lender - Purchases a further around EUR7 million of outstanding capital securities as part of group's ongoing active management of its capital position and liabilities. Follows announcement in June to purchase all of its EUR220 million fixed rate reset perpetual additional Tier 1 capital securities callable in December 2023.

----------

Voyager Life PLC - Perth, Scotland-based health and wellness company supply cannabidiol, hemp seed oil and hemp-related products - Terminates agreement in relation to the acquisition of an extraction and manufacturing facility in Poland, which was to be bought from Goodbody Health Ltd. Explains legal advice, which was expected to be a formality to complete the deal, remains ongoing without any certainty of timing for conclusion. Operational control has returned to Goodbody. Points out Polich unit had been loss-making so relinquishing the business has provided greater funding capacity for the expansion of Voyager's core UK operations.

----------

Egdon Resources PLC - Gloucestershire, England-based oil and gas explorer and producer - Says a court meeting and general meeting approved all resolutions relating to the scheme in place to facilitate the recommended acquisition by Petricho.

----------

Codex Acquisitions PLC - special acquisition company - Reports loss for the year to December 31 of GBP237,122 multiplied from GBP30.315. Loss per share totalled GBP0.04 compared to GBP0.06. No dividend was paid. Says will continue to seek a suitable reverse takeover.

----------

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
6 May 2016 17:34

San Leon Appoints New Nominated Advisor But Shares Remain Suspended

Read more
21 Apr 2016 10:57

San Leon Says Avobone Claim Filed In Ireland Is "Inappropriate"

Read more
7 Apr 2016 16:43

San Leon Energy Terminates Contract With Nomad Stockdale

Read more
7 Apr 2016 13:42

Rawicz-15 well test complete, says San Leon Energy

(ShareCast News) - Oil and gas exploration firm San Leon Energy was one step closer to production at a Polish site on Thursday, announcing the completion of well testing at the Rawicz-15 well. The AIM-traded company said the Rawicz-15 development well on the 286 square mile Rawicz concession in Pola

Read more
7 Apr 2016 10:30

San Leon Expects Racwicz Production In Early 2017 After Latest Test

Read more
22 Mar 2016 15:40

San Leon To Complete Mart Resources Deal Following Several Delays

Read more
9 Mar 2016 16:05

San Leon Energy Agrees Further Extension On Mart Resources Acquisition

Read more
9 Mar 2016 15:54

San Leon secures fourth extension on Mart deal

(ShareCast News) - San Leon Energy secured a fourth extension on its takeover of Mart Resources on Wednesday, citing administrative hold-ups as the reason behind the delays. The AIM-traded company had initially announced its intention to acquire Mart Resources on 22 January, as well as an additional

Read more
4 Mar 2016 11:38

Mart Resources Shareholders Approve Acquisition By San Leon Energy

Read more
2 Mar 2016 14:38

San Leon Energy Secures Funds To Complete Mart Resources Acquisition

Read more
29 Feb 2016 16:46

San Leon Energy Applies To Cancel Six Spanish Licence Applications

Read more
25 Feb 2016 14:12

San Leon Secures Second Extension To Complete Mart Resources Deal

Read more
19 Feb 2016 16:30

San Leon To Contest GBP15.5 Million Claim Despite Losing Appeal

Read more
18 Feb 2016 14:17

San Leon Agrees Minor Delay To Mart Resources Deal To Secure Financing

Read more
16 Feb 2016 12:18

San Leon Energy loses arbitration case appeal

(ShareCast News) - AIM-listed San Leon Energy said it had lost an appeal against the International Court of Arbitration over the purchase of a stake in Poland's Energia Zachod by its Aurelian Oil & Gas unit. Aurelian appealed the ICC findings to the UK Commercial Court in October 2015. The findings

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.