The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTlou Energy Share News (TLOU)

Share Price Information for Tlou Energy (TLOU)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2.05
Bid: 2.00
Ask: 2.10
Change: 0.00 (0.00%)
Spread: 0.10 (5.00%)
Open: 2.05
High: 2.05
Low: 2.05
Prev. Close: 2.05
TLOU Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Tlou strikes Lesedi deal; Gusbourne fundraises

Mon, 18th Oct 2021 10:05

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

----------

AIM - WINNERS

----------

Tlou Energy Ltd, up 26% at 3.20 pence, 12-month range 2.10p-5.50p. The power solutions project developer says it is close to sealing a deal that will see Botswana Power Corp buy up to 10 megawatts of power from Tlou's flagship Lesedi gas-to-power asset. The power purchase agreement is expected to be signed on Monday and will have an initial five-year term.

----------

Benchmark Holdings PLC, up 10% at 62.90 pence, 12-month range 46.00p-68.00p. The Sheffield, England-based aquaculture genetics, health and nutrition company expects annual results to top market expectations. For the financial year that ended September 30, Benchmark expects to report adjusted earnings before interest, tax, depreciation and amortisation of GBP15.9 million, which is "significantly ahead of the current market consensus".

----------

CentralNic Group PLC, up 7.2% at 122.24 pence, 12-month range 72.00p-130.00p. Hits this 52-week high on Monday. The London-based domain name registry and registrar services firm says earnings have risen in the first nine months of 2020. Revenue in the nine-month period to September 30 amounts to USD280 million, up 66% yearly, while adjusted earnings before interest, tax, depreciation and amortisation are 45% higher at USD32 million. It expects to trade "comfortably at or above" market forecasts. Analyst expectations for annual revenue range between USD348.6 million to USD355.3 million, while adjusted Ebitda forecasts stand between USD41.1 million and USD42.0 million.

----------

AIM - LOSERS

----------

Gusbourne PLC, down 11% at 110.00p, 12-month range 53.00p-173.00p. The wine producer plans a placing to raise GBP2.1 million and a subscription to secure a further GBP375,000. Also looking to raise a further GBP2 million from an open offer. Shares priced at 75p in all three fundraisings. In addition, the Ashford, England-based firm says two lenders have agreed to convert debt into shares. Says largest shareholder Belize Finance Ltd agrees to convert interest in deep discount bonds issued in 2016 and 2020 into 2.8 million shares in respect to 2020 bonds and 2.3 million in respect to 2016 bonds. Franove Holdings Ltd meanwhile, a lender of a short-term loan amounting to GBP610,445, agrees to convert this into 813,926 shares.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
27 Jul 2018 11:27

Tlou Energy selected to re-tender for Botswana power contract

(Sharecast News) - Tlou Energy on Friday told investors that it is one of two companies invited to re-tender for up to 100 megawatts coal-bed-methane fueled power projects in Botswana by the country's government.

Read more
27 Jul 2018 11:16

Tlou Energy Shortlisted For Re-Tender Of Plant Development Proposal

LONDON (Alliance News) - Tlou Energy Ltd said on Friday it is one of two companies to be invited for the retender of the request for proposal of the development of 100 megawatts of coal bed power

Read more
25 Jul 2018 13:33

Tlou Energy To Drill New Pilot Production Well In Botswana

LONDON (Alliance News) - Tlou Energy Ltd said Wednesday that it is preparing to drill a new pilot production well close to its central processing facility in Botswana.The company, which on

Read more
23 Apr 2018 15:59

Tlou Energy Reports Significant Upgrade To Gas Reserves

LONDON (Alliance News) - Tlou Energy Ltd on Monday reported very significant upgrade to gas reserves at its Mamba and Lesedi projects in Botswana.The company said proved and probable gas to

Read more
15 Feb 2017 16:19

Tlou Energy reports significant upgrade to gas reserves

(ShareCast News) - Botswana-focussed coalbed methane developer Tlou Energy announced a significant upgrade of reserves for the Lesedi CBM Project, and initial reserves for the Mamba Project in Botswana on Wednesday. The AIM and ASX-traded company reported a 44% increase in proved and probable gas Re

Read more
31 Jan 2017 09:39

Tlou Energy Edges Closer Toward Developing Botswana Power Project

Read more
12 Oct 2016 11:07

Tlou Energy receives initial certification for Lesedi

(ShareCast News) - Botswana and southern Africa-focused coalbed methane developer Tlou Energy announced on Wednesday that it has received an initial Independent Reserve Certification from SRK Consulting, for the Lesedi CBM Project located in prospecting licence PL002/2004 in Botswana. "I am absolute

Read more
12 Oct 2016 07:00

Tlou Becomes First Company To Get Certified Gas Reserves In Botswana

Read more
23 Aug 2016 10:20

Tlou Energy renews agreement with General Electric

(ShareCast News) - AIM-listed Tlou Energy has renewed a cooperation agreement with General Electric and Australia's IK Holdings for the delivery of a proposed gas to power solution for Botswana. The agreement provides the framework for co-operation between the parties in relation to sharing of infra

Read more
23 Aug 2016 07:18

Tlou Energy Renews Co-Operation Agreement In Botswana

Read more
5 Jul 2016 12:01

Tlou Energy selected to develop CBM power plant at Lesedi

(ShareCast News) - Shares in Tlou Energy bounded ahead nearly a quarter on news it has been selected to develop a coal-bed methane (CBM) power plant at its 100%-owned Lesedi CBM Project in Botswana. It won the approval from Botswana's Public Procurement and Asset Disposal Board "Although we always

Read more
5 Jul 2016 08:24

Tlou To Develop 50 Megawatt Power Plant At Lesedi Project, Botswana

Read more
29 Jun 2016 07:48

Tlou Energy Resumes Gas Testing At Botswana Site With Positive Results

Read more
21 Jun 2016 07:36

Tlou Energy Awaits Tender Results For Coalbed Methane Pilot Project

Read more
23 May 2016 06:54

Tlou Energy Loses Third Largest Shareholder As Talon Metals Sells Up (ALLISS)

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.