Last checked at 28 Mar 2023 18:43
TRADING UPDATE: Sabien Technology contract wins, Amaroq inks financing
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday not separately reported by Alliance News:
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Don't have an account? Click here to register.Sabien Technology to raise £750,000 via placing
Fri, 16th Sep 2016 09:23
(ShareCast News) - Energy efficiency technology manufacturer Sabien Technology will raise £750,000 through a share placing on AIM on Wednesday, in order to invest in pilot projects.The company will place 18.75m shares at 4p per share to raise £750,000, before expenses, from institutional and other investors.Following admission to AIM on 21 September, the company's total enlarged issued share capital will be about 62.75m ordinary shares of 0.5p each.The funds raised increased the number of projects the company would be able to take on in 2017. There will now be 40 M2G boiler load optimisation control pilot projects, and several initial pilot projects for EndoTherm, an energy reduction commercial heating additive.In June, the company signed a 10-year agreement with Endo Enterprises, to act as sole distributor for Endotherm in the UK to the multi-site commercial heating sector.Chief executive Alan O'Brien, said: "We successfully achieved our target of signing up to 35 M2G pilots in 2016 and, in line with expectations we plan to run up to 40 M2G pilots in 2017. These include some more in the USA where we supported our distributor in running a number of successful pilots last year."Chairman Bruce Gordon and Karl Monaghan, a non-executive director, are to subscribe for up to 3.69m and 125,000 shares respectively.Following admission of the new shares, Gordon will hold 5.49 shares directly, which will represent 8.7% of share capital.Bruce is also a director of Thames Valley Capital, an advisor to TVI 2, which holds about 4.1 shares in Sabien, which will represent 6.5% of the enlarged share capital. Gordon will therefore be interested, directly and indirectly, in over 9.6m shares, or 15.3% of the share capital.Monaghan will hold about 1.5m shares, representing 2.4%.The company also set itself a target for a return to profitability in 2018 and a £25m sales pipeline in five-years time, converting into annual sales of £8m with an EBITDA margin of 25%.Shares in Sabien Technology were up 8.89% to 4.90p to 1021 BST.
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28 Mar 2023 13:14
Sabien Technology secures further orders for M2G business
(Sharecast News) - Sabien Technology Group updated the market on its M2G business on Tuesday, which specialises in carbon dioxide mitigation devices for commercial boilers.
Read more27 Mar 2023 18:42
TRADING UPDATES: Sabien works with Empiric; Coro sells in Italy
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
Read more10 Mar 2023 14:17
Sabien awarded 'significant' UK government order
(Sharecast News) - Sabien Technology Group updated the market on its M2G business Sabien Technology on Friday, which focuses on carbon dioxide mitigation devices for commercial boilers.
Read more10 Mar 2023 10:56
Sabien Technology wins CO2 mitigation device order from UK government
(Alliance News) - Sabien Technology Group PLC on Friday said it had won an order for a carbon dioxide mitigation device from the UK government.
Read more15 Nov 2022 15:38
UK shareholder meetings calendar - next 7 days
| Wednesday 16 November | |
| European Opportunities Trust PLC | AGM |
| Finsbury Food Group PLC | AGM |
| GreenX Metals Ltd | AGM |
| Jubilee Metals Group PLC | AGM |
| Litigation Capital Management Ltd | AGM |
| Marble Point Loan Financing Ltd | AGM |
| McBride PLC | AGM |
| Petra Diamonds Ltd | AGM |
| Smiths Group PLC | AGM |
| ThinkSmart Ltd | AGM |
| Thursday 17 November | |
| Advance Energy PLC | AGM |
| Close Brothers Group PLC | AGM |
| Cordel Group PLC | AGM |
| Eagle Eye Solutions Group PLC | AGM |
| Finsbury Food Group PLC | AGM |
| FW Thorpe PLC | AGM |
| Henderson EuroTrust PLC | AGM |
| JD Wetherspoon PLC | AGM |
| Kier Group PLC | AGM |
| New Star Investment Trust PLC | AGM |
| Reabold Resources PLC | GM re requisitioned resolutions to remove board |
| Ricardo PLC | AGM |
| Seraphim Space Investment Trust PLC | AGM |
| Superdry PLC | GM re annual and remuneration report |
| Supermarket Income REIT PLC | AGM |
| Thor Mining PLC | AGM |
| Friday 18 November | |
| MJ Gleeson PLC | AGM |
| Just Eat Takeaway.com N.V. | EGM |
| Marula Mining PLC | AGM |
| NIOX Group PLC | GM share premium account cancellation |
| Sovereign Metals Ltd | AGM |
| Monday 21 November | |
| Manchester & London Investment Trust PLC | AGM |
| Mountview Estates PLC | GM re re-electing Chair Powell, non-exec Archibald |
| RPS Group PLC | GM cash offer agreement |
| Yamana Gold Inc | GM Gold Fields offer |
| Tuesday 22 November | |
| Alpha FX Group PLC | GM re name change |
| Artemis Resources Ltd | AGM |
| Fonix Mobile PLC | AGM |
| Kingswood Holdings Ltd | AGM |
| Origin Enterprises PLC | AGM |
| Physiomics PLC | AGM |
| Quantum Exponential Group PLC | AGM |
| Rainbow Rare Earths Ltd | AGM |
| Sabien Technology Group PLC | AGM |
| Town Centre Securities PLC | AGM |
| Copyright 2022 Alliance News Limited. All Rights Reserved. | |
2 Nov 2022 15:32
Sabien reports positive progress at B.grn investment
(Sharecast News) - Sabien Technology Group updated the market on contract progress with the South Korea-based City Oil Field and B.grn Group on Wednesday.
Read more2 Nov 2022 13:53
Sabien shares rise on signing of regenerative oil supply contract
(Alliance News) - Sabien Technology Group PLC on Wednesday said it stands to earn USD1.0 million in commission for every system installed under the terms of an agreement for the UK's first regenerative green oil system.
Read more24 Oct 2022 15:38
Sabien Technology gets new order from 'important' client
(Sharecast News) - Sabien Technology updated the market on a new order on Monday, which it received on 21 October from a "strategically important" customer.
Read more24 Oct 2022 14:33
TRADING UPDATES: Sabien wins repeat order; Zephyr awaits drill permit
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
Read more14 Oct 2022 12:16
Sales fall, losses narrow for Sabien Technology
(Sharecast News) - Carbon reduction technology company Sabien reported full-year sales of £0.68m in its final results on Friday, down from £0.97m year-on-year, while it also received a management fee from an associated party of £0.15m.
Read more14 Oct 2022 10:59
Sabien Technology loss widens as costs mount and revenue falls
(Alliance News) - Sabien Technology Group PLC on Friday reported a widened loss and falling revenue as the company faced increasing costs of doing business.
Read more19 Aug 2022 09:58
Sabien Technology inks partnership to seek SAP approval
(Alliance News) - Sabien Technology Group PLC on Friday said is working with City Energy Network Ltd and EDF PLC to obtain Standard Assessment Procedure approval for its M2G Cloud gas reduction technology.
Read more16 Aug 2022 14:56
Sabien extends deal with COF as it looks to deploy technology
(Sharecast News) - Sabien Technology Group announced that its sales agency agreement with City Oil Field (COF), has been rolled forward for a further 12-month period from 14 September.
Read more16 Aug 2022 14:03
IN BRIEF: Sabien extends contract with City Oil Field by 12 months
Sabien Technology Group PLC - London-based boiler efficiency products company - Says its sales agency agreement with City Oil Field has been extended for a further 12-mnth period from September 14. Says the contract extension proceeds the ceremony for the first COF production plant, which took place on July 28 in Jeonnam province, South Korea, attended by Governor Kim Young-rok.
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