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Pin to quick picksUtilitywise Share News (UTW)

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Utilitywise shares suspended as it calls in the administrators

Thu, 14th Feb 2019 12:21

(Sharecast News) - Utilitywise announced on Thursday that Andrew James Johnson and Chad Griffin, both of FTI Consulting, had been been appointed as joint administrators to the firm.The AIM-traded business said no other companies in its group have had administrators appointed and as such, Icon Communication Centres, Energy Intelligence Centre and T-Mac Technologies continued to trade on a business as usual basis."There is not expected to be any return to the shareholders of Utilitywise," the board said in its short statement.FTI Consulting LLP would provide further updates in due course, it added, before also confirming that the shares of Utilitywise would remain suspended pending further notice.The business utilities consultancy had struggled in recent months, blaming what it called "legacy issues" and changes in the way it could do business for its ailments.Some hope had appeared earlier in the week, after founder and ex-CEO Geoff Thompson said he was mounting a "credible" rescue package for the firm.
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13 Feb 2019 18:29

Utilitywise Appoints Administrators After Failure To Secure Sale

LONDON (Alliance News) - Cost management consultant Utilitywise PLC said late Wednesday it has been unable to sell the company and, as a result, has appointed administrators.The company a a

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13 Feb 2019 10:48

Ex-CEO mounts rescue bid for ailing Utilitywise

(Sharecast News) - A bid to save the future of business utilities consultancy Utilitywise was launched on Tuesday, by its founder and former chief executive officer Geoff Thompson.

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28 Jan 2019 10:24

WINNERS & LOSERS SUMMARY: Ocado And M&S Rise On Delivery Deal Report

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - Group, up 3.8%, Marks & up 1.9%.

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28 Jan 2019 09:48

Utilitywise To Consider Offers As Investors Shun Equity Raise (ALLISS)

LONDON (Alliance News) - Cost management consultant Utilitywise PLC on Monday put itself up for sale, after not getting enough interest in a fundraise.Shares were 62% lower on Monday at has

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28 Jan 2019 08:16

Utilitywise looks to sell business as funding runs dry

(Sharecast News) - Utility cost management consultancy Utilitywise announced a review if its strategic options in order to deliver maximum value for its stakeholders on Monday.

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4 Sep 2018 10:32

WINNERS & LOSERS SUMMARY: Alfa Financial Sinks After Contract Delays

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - WINNERS----------DS up 1.3%. a

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5 Jul 2018 11:16

Utilitywise Moves Forward With Further 2021 Growth Strategy Targets

LONDON (Alliance News) - Utility cost management consultancy Utilitywise PLC said on Thursday that following its completed 2017 audit process, it will now focus on the targets for its Strategy for

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3 Jul 2018 10:40

WINNERS & LOSERS SUMMARY: Glencore Sinks As It Gets US DoJ Subpoena

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - down 12%. The miner and commodities trader said

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3 Jul 2018 09:08

Utilitywise Shares Rise As It Joins Partnership With Vodafone And Dell

LONDON (Alliance News) - Shares in Utilitywise PLC surged on Tuesday as the company said it partnered with FTSE 100-listed Vodafone Group PLC and Dell EMC to launch an new energy and building were

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12 Jun 2018 16:10

Utilitywise Hires Ex-American Express Vice President As Non-Executive

LONDON (Alliance News) - Utilitywise PLC on Tuesday appointed Debra Davies as a non-executive director, effective from July.The utility cost management firm said Davies spent the last 28 am

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9 May 2018 16:12

UK Shareholder Meetings Calendar - Next 7 Days

Thursday 10 MayConvaTec GroupArbuthnot Banking GroupAvivaBAE Line Point Social 11 14

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23 Apr 2018 11:16

Utilitywise First Half Profit & Revenue Rise On New Customers

LONDON (Alliance News) - Utility cost management consultancy Utilitywise PLC said on Monday its profit registered double digit growth on higher revenue, with increased customer numbers and new the

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22 Mar 2018 14:35

Utilitywise Swings To Loss After Changes In Revenue Recognition Policy

LONDON (Alliance News) - Utility cost-management consultancy firm Utilitywise PLC on Thursday swung to a full year loss after a change in accounting policy regarding revenue a

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14 Feb 2017 16:03

UK Earnings, Trading Statements Calendar - Next 7 Days

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