The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksVDTK.L Share News (VDTK)

  • There is currently no data for VDTK

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Verditek Raises GBP600,000 Through Premium-Priced Share Placing

Fri, 27th Sep 2019 12:10

(Alliance News) - Green technology investment firm Verditek PLC said Friday it raised GBP600,000 from a premium-priced share placing in order to fund its ongoing growth plans.

On Thursday, Verditek proposed to raise up to GBP650,000 through a share placing at 4.5 pence each - a 25% premium to the 3.60p per share closing price on Wednesday.

Shares in Verditek were 1.1% higher at 4.10p in London on Friday, giving it a market capitalisation of GBP8.3 million.

On Friday, Verditek said it placed 13.3 million shares at the placing price to raise GBP600,000. A further GBP20,000 is expected to be raised by a further 444,444 shares issue through a direct subscription.

Following admission of the subscription shares - expected on Tuesday - Verditek will have 215.5 million shares outstanding.

By Ahren Lester; ahrenlester@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

More News
20 Feb 2023 08:52

LONDON MARKET OPEN: Tepid start in Europe but FTSE stays above 8,000

(Alliance News) - Stocks in London were treading water in early dealings on Monday, at the start of what is expected to be a subdued day for European equities, with markets in New York closed.

Read more
19 Oct 2022 12:31

IN BRIEF: Verditek shares drop as supplier exclusivity claims fall

Verditek PLC - London-based company producing solar panels - Gives an update on a previously reported supplier role to a new joint venture. In June, Verditek announced its role as "exclusive" supplier to a new joint venture. Verditek said it became the exclusive supplier of lightweight solar panels to a joint venture between its distribution partner Bradclad Group and Norwegian PVC single-ply roof membrane manufacturer Protan AB. The joint venture would use Verditek's panels to launch the Protan Solarbond product, it said.

Read more
19 Oct 2022 12:24

Verditek no longer exclusive supplier to Bradclad joint venture

(Sharecast News) - Verditek updated the market on its relationship with Bradclad on Wednesday, reporting that it was no longer the exclusive supplier of lightweight solar panels to the latter's joint venture.

Read more
7 Sep 2022 21:41

IN BRIEF: Verditek interim loss narrows, revenue grows

Verditek PLC - London-based company producing solar panels - In the first half of 2022, revenue jumps 70% to GBP178,502 from GBP105,097. Pretax loss narrows to GBP636,798 from GBP1.2 million. Say it continues to advance partnerships with European roofing manufacturers, notably with Metrotile, which should expand the reach of its product offering. In discussions to license its manufacturing technology to a larger scale, automated plant, with potential to build similar such plants across the globe, it says.

Read more
29 Jul 2022 16:07

UK shareholder meetings calendar - next 7 days

Monday 1 August 
Cranswick PLCAGM
Tuesday 2 August 
Caffyns PLCAGM
Syncona LtdAGM
Tanfield Group PLCAGM
Wednesday 3 August 
Block Energy PLCAGM
Molten Ventures PLCAGM
Cambium Global Timberland LtdGM re wind-up
John Wood Group PLCGM re Built Environment sale
Sequoia Economic Infrastructure Income Fund LtdAGM
Edenville Energy PLCAGM
RiverFort Global Opportunities PLCAGM
Conduity Capital PLCAGM
Scirocco Energy PLCAGM
D4t4 Solutions PLCAGM
Thursday 4 August 
Glantus Holdings PLCAGM
Investec PLC and LtdAGM
STM Group PLCAGM
Starcrest Education LtdAGM
Friday 5 August 
JPMorgan Global Core Real Assets LtdAGM
San Leon Energy PLCEGM
San Leon Energy PLCGM
Trian Investors 1 LtdEGM re removal of three current directors
Trian Investors 1 LtdAGM
Verditek PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
30 Jun 2022 14:29

IN BRIEF: Verditek raises GBP1.5 million via subscription of shares

Verditek PLC - London-based company producing solar panels - Raises GBP1.5 million via a subscription of 101.3 million shares at 1.5 pence each. This is a 36% discount to Wednesday's closing price of 2.34p.

Read more
30 Jun 2022 13:59

EARNINGS UPDATES: UK Oil & Gas and 7digital post widened losses

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

Read more
27 Jun 2022 10:03

Verditek shares soar on exclusive supplier status to new joint venture

(Alliance News) - Shares in Verditek PLC leaped on Monday morning after the solar panel maker announced its role as exclusive supplier to a new joint venture.

Read more
3 Feb 2022 22:32

TRADING UPDATES: Cadence, Rambler Metals raise funds to help projects

TRADING UPDATES: Cadence, Rambler Metals raise funds to help projects

Read more
3 Feb 2022 12:56

Verditek offloads stake in ICSI to Baker Hughes Canada

(Sharecast News) - Solar technology company Verditek announced the completion of the sale of Industrial Climate Solutions (ICSI) on Thursday, in which it held a 10.56% stake, to Baker Hughes Energy Services Canada.

Read more
13 Sep 2021 17:09

IN BRIEF: Verditek wins grant from Innovate UK for Zimbabwe project

IN BRIEF: Verditek wins grant from Innovate UK for Zimbabwe project

Read more
26 Aug 2021 17:16

IN BRIEF: Verditek half-year results hit by Italy theft

IN BRIEF: Verditek half-year results hit by Italy theft

Read more
26 Aug 2021 11:31

AIM WINNERS & LOSERS: eEnergy jumps after maiden contract win

AIM WINNERS & LOSERS: eEnergy jumps after maiden contract win

Read more
10 Aug 2021 13:07

IN BRIEF: Verditek raises over GBP350,0000 through crowdfunding

IN BRIEF: Verditek raises over GBP350,0000 through crowdfunding

Read more
10 Aug 2021 11:21

AIM WINNERS & LOSERS: TP Group spikes on Science takeover approach

AIM WINNERS & LOSERS: TP Group spikes on Science takeover approach

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.