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IN BRIEF: Velocys says placing and retail offer raise GBP6 million

Fri, 19th May 2023 11:07

Velocys PLC - Sustainable fuels technology company - Says its books are covered at around GBP6 million as a result of its placing and retail offer. Adds that the books remain open. Says both placing and retail offer close today.

Current stock price: 2.43 pence, down 28% in London on Friday

12-month change: down 57%

By Harvey Dorset, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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3 Aug 2020 11:37

Velocys delivers four reactors to Red Rock Biofuels

(Sharecast News) - Sustainable fuels technology company Velocys has completed the manufacture and delivery of four reactors to Red Rock Biofuels, it announced on Monday.

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25 Jun 2020 14:05

Thursday broker round-up

(Sharecast News) - InterContinental Hotels: Jefferies downgrades to hold with a target price of 4,100.0p.

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25 Jun 2020 11:38

Velocys Raises GBP20 Million Via Oversubscribed Placing, Retail Offer

Velocys Raises GBP20 Million Via Oversubscribed Placing, Retail Offer

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19 Jun 2020 10:38

Velocys on track with projects as loss shrinks

(Sharecast News) - Velocys said its projects were on track as the waste-to-fuel company reported a shrinking of its annual loss as administrative costs fell.

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12 Jun 2020 12:55

IN BRIEF: Velocys Secures GBP500,000 In Funding For Altalto Project

IN BRIEF: Velocys Secures GBP500,000 In Funding For Altalto Project

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12 Jun 2020 11:46

Velocys gets another DfT grant for sustainable fuels project

(Sharecast News) - Sustainable fuels technology company Velocys has secured a further £0.5m of grant funding for the Altalto waste-to-fuels project from the Department of Transport (DfT), it announced on Friday, under the 'Future Fuels for Flight and Freight Competition' (F4C).

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12 May 2020 16:49

Velocys Shares Rise On GBP1 Million Funding For Altalto Project

Velocys Shares Rise On GBP1 Million Funding For Altalto Project

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12 May 2020 10:15

BA and Shell provide £1m for Velocys clean fuel plant

(Sharecast News) - Velocys said it had secured a further £1m of funding for its Altalto waste-to-fuels project from British Airways and Royal Dutch Shell.

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15 Apr 2020 14:32

UK TRADING UPDATE SUMMARY: Kromek To Make 2,000 Ventilators For UK

UK TRADING UPDATE SUMMARY: Kromek To Make 2,000 Ventilators For UK

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4 Feb 2020 13:04

Tuesday broker round-up

(Sharecast News) - Keywords Studios: Berenberg upgrades to buy with a target price of 1,400p.

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3 Feb 2020 18:28

Velocys Appoints Worley As Engineering Technology Partner

Velocys Appoints Worley As Engineering Technology Partner

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18 Dec 2019 09:51

DIRECTOR DEALINGS: Velocys Chair Phillip Holland Buys Shares

DIRECTOR DEALINGS: Velocys Chair Phillip Holland Buys Shares

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10 Dec 2019 18:02

Velocys Names Senior Director Holland As Chair; Jungels Retires

Velocys Names Senior Director Holland As Chair; Jungels Retires

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13 Nov 2019 15:21

Velocys delivers reactors and catalyst to Toyo in Japan

(Sharecast News) - Velocys has constructed and now delivered Fischer-Tropsch (FT) reactors and catalyst to Toyo Engineering Corporation for use in a biomass-to-jet fuel demonstration facility in Nagoya, Japan, it announced on Wednesday.

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18 Oct 2019 12:53

Friday broker round-up

(Sharecast News) - Royal Bank of Scotland: JP Morgan upgrades to overweight with a target price of 280p.

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