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11 Jun 2013 14:23

Subsidiary of waste manager TEG Group awarded council contract

TEG Environmental, the subsidiary of AIM-listed organic waste management company TEG Group, has been awarded a contract from Nottingham City Council for green waste composting at its Simpro Oxton site. The group said that the contract would commence in June 2013 and would be for a three-year term

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18 Mar 2013 07:56

TEG Group trims losses

Biomass firm TEG Group reduced full year losses, after a strong second half performance, and as it hailed a milestone year. The Lancashire based aim listed green technology firm narrowed loss before tax and exceptional costs to £1.13m for the year ended December 31st 2012 from £1.74m the year befo

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22 Feb 2013 10:00

TEG Group's shares rise on waste management contract

Biomass company TEG Group has scored a contact with a major waste management company for organic waste composting at a number of its sites. Under a six-year deal starting in the second quarter of the year, the company will handle about a volume of waste of about 15,000 tonnes per annum. Overall re

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10 Jan 2013 09:14

TEG shares gain on strong revenues

Shares in TEG Group soared Thursday after the biomass group announced a strong performance in 2012. The company's shares rocketed 19.44% to 5.38p as it released a trading update showing business had exceeded the board's expectations. The UK business, which specialises in organic waste technology

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6 Jun 2012 08:45

TEG to raise cash and go it alone

Up for sale green technology company TEG Group has decided to go it alone but it needs a cash injection from shareholders to tide it over while it waits for payment for completed work to feed through. The company put itself up for sale back in January and received some indicative proposals from int

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4 Apr 2012 09:12

Small caps round-up: TEG, Deltex, Ultrasis...

Loss-making green technology company TEG Group has entered into a further contract with recycling firm Viridor to process additional volumes of green and food waste in TEG's network of facilities. The contract will run until April 2014. The revenue over the term of the contract will depend upon the

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1 Mar 2012 15:58

Sector movers: Financial stocks lifted by Man

A 10 percent rise in Man Group's share price pushed the financial services sector to the top the pile today after the hedge fund manager reported a more generous dividend policy and a slow-down in the net outflow of funds. The group said funds under management (FUM) at the end of February clocked i

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20 Sep 2011 12:07

TEG widens losses

Green technology company TEG Group widened losses after it said delays hit some of its key high margin projects. The firm reported a loss before tax of £798,000 in the first half of the year, compared to a loss of £376,000 in 2010. The firm said it would not pay a dividend. TEG, which develops an

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31 Aug 2011 10:15

TEG and Alkane to form biogas JV

AIM-listed green technology company TEG and energy company Alkane are to form a joint venture to handle the contract for a new plant in north-east Wales, which will convert food waste into electricity and fertiliser. The 15-year contract, which guarantees a supply of food waste to the facility f

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14 Mar 2011 07:22

TEG Group narrows FY losses

Green technology firm TEG Group narrowed full year operating losses as revenue increased 35%. "The overall market has continued to grow as Local Authorities increasingly implement the separation of organic wastes from the municipal waste stream and the private sector increases its level of organic

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27 Jan 2011 17:48

Small cap round-up: Adventis, Alexon, Somero...

Marketing agency Adventis' healthcare business has experienced a 'very considerable' downturn and will post a £0.26m loss for the full year. Full year results may also contain a significant goodwill impairment charge. For the full year underlying profits will be approximately £0.45m. Clothing gr

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21 Jan 2011 14:54

OFT investigates anaerobic digestion opportunity

The Office of Fair Trading (OFT) is investigating the market for the treatment of organic waste in order to assess whether there are appropriate incentives for technologies such as anaerobic digestion. It is government policy to encourage the generation of energy from waste through anaerobic dige

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26 Jul 2010 12:30

UK SMALLCAP ROUNDUP: RM Sees Scale-Back Of Pending BSF Work

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps RM PLC (RM.LN) expects to find out soon if it has won six Building Schools for the Future, or BSF, projects, although the amount of work required may be

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26 Jul 2010 09:30

UK SMALLCAP ROUNDUP: Connaught Plunges On Funding Warning

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps CONNAUGHT PLC (CNT.LN), a support services firm, warned it will breach its banking covenants when its fiscal year ends Aug. 31 and its year-end net debt

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26 Jul 2010 07:20

TEG Group Forms JV To Build, Operate Biogas Plant In Scotland

LONDON (Dow Jones)--TEG Group PLC (TEG.LN) Monday said it has formed a joint venture to construct its first anaerobic digestion plant to produce biogas for an estimated GBP4.5 million. TEG, which develops and operates organic composting and energy plants, said it has formed a 50:50 joint venture

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