GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSound Energy Share News (SOU)

Share Price Information for Sound Energy (SOU)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.95
Bid: 0.90
Ask: 0.98
Change: -0.095 (-9.18%)
Spread: 0.08 (8.889%)
Open: 1.085
High: 1.085
Low: 0.93
Prev. Close: 1.035
SOU 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: Smithson assets grow; FireAngel delivers milestone

Wed, 02nd Nov 2022 19:17

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

----------

TI Fluid Systems PLC - Oxford-based manufacturer and supplier of automotive fluid storage, carrying and delivery systems - Hires Alexander Bock as new chief financial officer. He will succeed Ronald Hundzinski who will be retiring. Bock will join no later than May 1, 2023.

----------

FireAngel Safety Technology Group PLC - Coventry-based home safety products maker - Delivers the third development milestone for its deal with Techem Energy Services GmbH for the development of a new generation smoke alarm, primarily for the German market. The third milestone saw the delivery of a fully featured product development board, which allows for design verification and testing to be conducted on all product functions prior to committing to the first product representative build. "The transformational partnership with Techem continues to be of long-term value and of significance for FireAngel and its stakeholders. We are pleased to announce the successful delivery of the third milestone following the formal signing of DP2," Executive Chair John Conoley comments.

----------

Shanta Gold Ltd - Guernsey-based east Africa-focused gold producer, developer and explorer - Identifies "encouraging" drilling intersections at its New Luika gold mine in Tanzania. They are related to drilling conducted in the second half of 2022. "I am pleased to announce that we continue to deliver encouraging drilling results at New Luika, adding to the exploration success that we have had around the wider portfolio this year. These results give us confidence that the reserve-based mine life at New Luika will continue to be extended beyond its current timeline of H1 2027," Chief Executive Eric Zurrin says.

----------

Sound Energy PLC - Morocco-focused upstream gas company - Confirms that its wholly owned subsidiary Sound Energy Morocco SARL AU has challenged the Moroccan Court about the tax assessments levied against SEMS. Says the filing has been made within the required period of 60 days from the date of notification of the local tax committee decision. Remains of the opinion that the assessments levied against SEMS that certain purported historical intra group transactions between SEMS and Sound Energy Morocco East Ltd have taxable bases, has been wrongly interpreted by the Moroccan tax administration. In totends to engage constructively with the authorities. Plans to continue to defend its rights through the court and will also continue to do so in the event that the Moroccan tax authority does not withdraw the assessments levied against SEMS.

----------

Capital Ltd - Mauritius-based mining company - Appoints Rick Robson as chief financial officer following the departure of Giles Everist. Robson has been a member of Capital's senior management team since 2019 and is currently head of corporate development & CFO of MSALABS. He will take on the role on January 1, 2023.

----------

Riverstone Credit Opportunities Income PLC - energy infrastructure and energy-transition credit investor - Declares a dividend of 2.0 US cents per share for its third quarter, in line with its dividend target. "The strong realised dividend for Q3 was supported by exceptional cash generation activity driven by a supportive market environment for the company's 100% floating rate portfolio and a robust list of attractive realisations. This meant actual net revenue profit for the quarter comprised USD1.8 million or 2.0 cents per share," Chair Reuben Jeffery comments.

----------

ThomasLloyd Energy Impact Trust PLC - London-based Asia-focused renewable energy investment trust - Signs a USD30.0 million investment agreement with Solar Electric Vietnam. As the first transaction in this new partnership, it enter into an agreement to acquire Viet Solar System Company Ltd, a privately-owned company which holds 6.12 MWp of rooftop solar assets. Has deployed more than 86% of its net IPO proceeds.

----------

Angle PLC - Surrey, England-based medical diagnostics company - Notes that a study from the University of Texas shows that circulating tumour cells isolated by Parsortix can be analysed with downstream techniques. The study provided data to support the De Novo Class II Classification application for its Parsortix system for use in harvesting cancer cells from metastatic breast cancer patient blood for subsequent, user-validated analysis, it says.

----------

Seed Innovations Ltd - Guernsey based wellness and life sciences company - Says investee LGP gets firm commitments for a AUD4 million, or GBP2.2 million, placement from new and existing institutional and sophisticated investors. Adds that it received commitments for a further AUD200,000 from LGP's board and executive. Business also launches a share purchase plan offer for eligible existing shareholders. "With further funds now in place to support this growth, LGP can focus on its aim to achieve break-even while continuing on expanding its Australian and European sales channels," SEED CEO Ed McDermott comments.

----------

Smithson Investment Trust PLC - investment trust - Net asset value per share as at October 31 stands at 1,382.78p, up versus 1,339.5p as at June 30.

----------

By Abby Amoakuh; abbyamoakuh@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
31 Aug 2018 09:36

Sound Energy Secures New Petroleum Agreement In Eastern Morocco

LONDON (Alliance News) - Sound Energy PLC said Friday it has signed a new eight-year petroleum agreement for the Tendrara and Matarka areas in Morocco.The new agreement covers 14,500 square

Read more
21 Aug 2018 12:36

Sound Energy completes 2D seismic acquisition programme

(Sharecast News) - Morocco-focussed upstream gas company Sound Energy announced the completion of the entire 2,850 line Kilometre 2D seismic acquisition programme in Eastern Morocco.

Read more
21 Aug 2018 09:57

Sound Energy Progresses Gas Operations In Eastern Morocco

LONDON (Alliance News) - Upstream gas company Sound Energy PLC said on Tuesday it has completed the 2,850 line kilometre 2D seismic acquisition programme in eastern Morocco.In addition, the

Read more
13 Aug 2018 09:12

Sound Energy Mobilises Drilling Rig To TE-9 Well Pad In Morocco

LONDON (Alliance News) - Sound Energy PLC said Monday the mobilisation of a land drilling rig is under way to reach the company's TE-9 well pad onshore Morocco.The rig, which was used

Read more
24 Jul 2018 09:24

Sound Energy To Commence Civil Works At TE-9 Well In Morocco

LONDON (Alliance News) - Sound Energy PLC said Tuesday that it has signed a rig contract and commenced civil works at the TE-9 well site on the Tendrara licence, onshore Morocco.The first

Read more
23 Jul 2018 15:00

Sound Energy brings Schlumberger directly onto Morocco portfolio

(Sharecast News) - Morocco-focused upstream gas company Sound Energy announced on Monday that, following its initial success in eastern Morocco and in anticipation of the forthcoming drilling programme, the start of the process of converting the existing 27.5% synthetic interests held by an affiliate of Schlumberger Oilfield Holdings in the Tendrara Lakbir permits, the Anoual permits and the Matarka reconnaissance licence into 27.5% joint venture licence participating interests in the Eastern Morocco contract area.

Read more
2 Jul 2018 09:59

Sound Energy To Raise USD15 Million Through Share Placing (ALLISS)

LONDON (Alliance News) - Sound Energy PLC said Monday it is placing to raise USD15 million through a share placing.The upstream gas company will place 30.8 million shares at a price of 37 a

Read more
4 Jun 2018 10:28

Sound Energy Final Report Confirms April Results At A1 Gas Prospect

LONDON (Alliance News) - Moroccan gas company Sound Energy PLC said on Monday it has received the final competent person's report regarding its A1 prospect in eastern Morocco.The report

Read more
17 May 2018 16:01

UK Shareholder Meetings Calendar - Next 7 Days

Friday 18 MayPaddy Power BetfairIndependent News & (T)PetrofacJohn Group (re by

Read more
14 May 2018 09:18

Sound Energy Appoints Ex-BP Executive Clarkson As Non-Exec Director

LONDON (Alliance News) - Sound Energy PLC said Monday it has appointed David Clarkson as non-executive director of the upstream gas firm.Clarkson - a chartered engineer - is a former senior

Read more
30 Apr 2018 17:37

DIRECTOR DEALINGS: Affiliate Of Sound Energy Director Buys Shares

LONDON (Alliance News) - Sound Energy PLC on Monday said Greenberry PLC has bought 100,000 shares in the company at a price of 40.46 pence each.Greenberry is affiliated to Sound Energy SA.

Read more
26 Apr 2018 10:35

Sound Energy Says New Report Backs Up A1 Prospect Gas Estimates

LONDON (Alliance News) - Sound Energy PLC on Thursday said a report on its A1 prospect in Morocco "largely" confirms its previous gas originally in place estimates.The A1 prospect

Read more
22 Mar 2018 16:13

UK Shareholder Meetings Calendar - Next 7 Days

Friday 23 MarchMilestone GroupMonday 26 MarchTemple Bar Investment Point Social REIT

Read more
22 Mar 2018 10:07

Sound Energy Loss Widens Amid Increased Activities In Morocco

LONDON (Alliance News) - Oil and gas company Sound Energy PLC on Thursday said pretax loss from continuing operations has widened due to the significant rise in administrative

Read more
14 Mar 2018 12:59

Sound Energy Gets Court Consent For Share Premium Account Cancellation (ALLISS)

LONDON (Alliance News) - Sound Energy PLC said Wednesday the High Court in England & Wales has approved the cancellation of its a

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.