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Pin to quick picksTrading Emissions PLC Share News (TRE)

Share Price Information for Trading Emissions PLC (TRE)

London Stock Exchange
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Share Price: 18.69
Bid: 18.644
Ask: 18.736
Change: 0.004 (0.02%)
Spread: 0.092 (0.493%)
Open: 18.686
High: 0.00
Low: 0.00
Prev. Close: 18.686
TRE Live PriceLast checked at -

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Leaf merger for Trading Emissions

Mon, 09th Nov 2009 15:28

Carbon trading business Trading Emissions and clean energy investment company Leaf Clean Energy are in merger discussions. The plan is to merge the two AIM-quoted businesses and transfer the enlarged entity to the Main Market. Trading Emissions would reverse into Leaf via an all share offer. The merger already has the backing of a number of shareholders. Shareholders owning 42.2% of Trading Emissions and 43% of Leaf promised to vote for the merger even before talks began. No firm bid valuation has been agreed as yet. At 99.5p a share, Trading Emissions is valued at £256.14m. Leaf is the smaller of the two companies - at 100p a share, it is valued at £183.63m. Both companies have strong balance sheets with cash in the bank. Leaf still had $168m in cash at the end of June 2009, although it has committed a further $65.6m of capital. Trading Emissions had just over £125m in cash at the same point but this is a cash hungry business. Trading Emissions intends to pay a 3p a share dividend in January 2010. The two companies believe that the merger would create a balanced portfolio of renewable energy and carbon-focused assets.
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Trading Emissions Plans GBP20.0 Million Distribution To Shareholders

LONDON (Alliance News) - Trading Emissions PLC Tuesday announced a GBP20.0 million distribution to shareholders through a third B share scheme. The GBP20.0 million distribution is the equivalent of 8 pence per ordinary share and is in line with a shareholder vote at the company's December 2

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24 Mar 2014 13:00

Trading Emissions Loss Widens As Bionasa Troubles In Brazil Persist

LONDON (Alliance News) - Trading Emissions PLC Monday said its pretax loss widened in its first half as it failed to achieve revenues and continued to face problems from its Bionasa operations in Brazil. The closed-ended investment company, which operates in environmental markets, said its

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10 Mar 2014 12:39

Trading Emissions To Transfer Certified Emissions Reduction Stock

LONDON (Alliance News) - Trading Emissions PLC Monday said it has entered into a sale and purchase agreement to transfer its existing Certified Emissions Reduction stock and portfolio of Emission Reduction Purchase Agreements. The closed-ended investment company, which operates in environme

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1 Nov 2013 11:47

CORRECT: Trading Emissions Net Asset Value Declines

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1 Nov 2013 11:42

Trading Commissions Net Asset Value Declines

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Trading Emissions Says EUR4.8M In Security Funds At World Bank Have Been Returned

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Trading Emissions sells stake in Chapel Street Environmental

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