Firering Strategic Minerals: From explorer to producer. Watch the video 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
9 May 2014 11:50

UK MIDDAY BRIEFING: IAG On Steady Path, Petrofac Dives

LONDON (Alliance News) - Oil and gas services company Petrofac Friday issued a profit warning after it said the planned development of the Greater Stella Area oil field in the North Sea would be delayed until next spring, it was hit by low output at a Romanian oil field, and w

Read more
9 May 2014 10:42

UK WINNERS & LOSERS: Petrofac And Tullett Prebon Lead Indices Lower

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.
-------
FTSE 100 - WINNERS
-------
WPP, up 0.5%. Shares in the media buying giant have risen after France-based P

Read more
9 May 2014 09:27

San Leon Slides As TransAtlantic Says Won't Proceed With Full Poland Acquisition

LONDON (Alliance News) - San Leon Energy PLC Friday said it was continuing talks with TransAtlantic Petroleum PLC about the details of a proposed work programme on sites in Poland that the US-based company is farming in to, after TransAtlantic said Thursday that it had decided not to proceed with

Read more
8 May 2014 15:45

Ocado CFO builds stake after fifth of shareholders oppose remuneration report

Duncan Tatton-Brown, the Chief Financial Officer of Ocado Group, has acquired 145,988 pounds-worth of shares in the grocery delivery group. The CFO, who joined the board in September 2012, bought a total of 47,865 shares at 305p each, increasing his stake in the company to 107,865 shares. That c

Read more
8 May 2014 12:01

DIRECTOR DEALINGS: San Leon Executive Buys 1 Million Shares

LONDON (Alliance News) - San Leon Energy PLC Thursday said Executive Director Paul Sullivan bought 1 million shares at a price of 2.69 pence per share. Following this transaction, Sullivan holds 60.8 million shares, which represents 2.4% stake in the firm. Shares in the oil and gas co

Read more
28 Apr 2014 11:18

San Leon Energy Agrees Commercial Terms For Siekierki Field Work

LONDON (Alliance News) - San Leon Energy Monday said it had agreed key commercial terms with Baker Hughes Poland Sp Zoo for work on the Siekierki gas field development in Poland. In February, Baker signed a letter of intent to bring the Siekierki gas field into production, and talks on the

Read more
14 Apr 2014 11:28

San Leon Cancels Turkey Asset Acquisition To Focus On Poland

LONDON (Alliance News) - San Leon Energy PLC Monday said it has decided not to continue with buying a majority stake in Turkey's Alpay Energi AS, instead focusing on shale gas production in Poland. The oil and gas production company with operations in Europe and North America, said it deter

Read more
14 Apr 2014 10:49

San Leon Energy pulls out of Turkey deal

San Leon Energy is bowing out of a deal buy interests in Turkish oil and gas production. In September the company had agreed to acquire 75% of Alpay Energi. However, San Leon said it will no longer proceed after technical analysis of the Turkish firm's assets revealed a number of challenges. Sa

Read more
14 Apr 2014 09:16

Monday broker round-up UPDATE

AMEC: Deutsche Bank raises target price from 1250p to 1400p retaining a buy recommendation. AO World: Numis initiates with a target price of 350p and a buy recommendation. BBA Aviation: Goldman Sachs cuts target price from 425p to 405p and keeps a buy recommendation. Bovis Homes Group: Goldman S

Read more
27 Mar 2014 14:05

San Leon Signs Polish Farm-Out Deal With TranAtlantic Petroleum

LONDON (Alliance News) - San Leon Energy PLC Thursday said it has signed a farm-out deal under which US-based TranAtlantic Petroleum Ltd will fund all of a six well programme in Poland. Under the terms of the deal, TransAtlantic will earn a 50% stake in the sites based in Poland's Permian b

Read more
27 Mar 2014 08:35

UK MORNING BRIEFING: Babcock Leads FTSE 100 Lower On Rights Issue

LONDON (Alliance News) - Shares have opened lower Thursday following a weak close in NY on Wednesday.

Babcock International is leading the FTSE 100 lower after announcing a GBP1.10 billion rights issue to fund the GBP920 million acquisition of helicopter firm Avinci

Read more
24 Mar 2014 10:37

San Leon Amends Letter Of Intent With Horizon General

LONDON (Alliance News) - San Leon PLC Monday amended terms of its Letter of Intent with Horizon General Ltd, with Horizon now acquiring a 22.5% working interest in San Leon's Cybinka and Torzym Concessions in Poland's Permian Basin. The oil and gas production company, with operations in Eur

Read more
10 Mar 2014 10:03

San Leon Recovers Further High Quality Oil In Poland, Plans New Well

LONDON (Alliance News) - San Leon Energy PLC Monday said high quality oil has been recovered from ongoing fracking at the Braniewo S concession in Poland's northern Baltic Basin and a further well is planned. The oil and gas production company, with operations in Europe and North America, s

Read more
12 Feb 2014 11:47

San Leon Signs Development Agreement With Baker Hughes In Poland

LONDON (Alliance News) - San Leon Energy PLC Wednesday said it has signed a letter of intent with Baker Hughes Poland SP to jointly begin developing the Siekierki Gas Field in Poland. The oil and gas production company, with operations in Europe and North America, said the companies plan to

Read more
28 Jan 2014 10:31

San Leon Energy Signs Shale Gas Upgrade Technology Deal With Chevron Lummus

LONDON (Alliance News) - San Leon Energy PLC Tuesday said it has signed a memorandum of understanding with Chevron Lummus Global LLC to exclusively cooperate on shale gas upgrading technology at San Leon's Timahdit oil shale license in Morocco. The oil and gas production company, with opera

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.