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74.55 +4.05 (5.74%)
Can't grumble - 5.38 +1.12 (26.47%)
Nothing but good news here. Nice rise on the cards hopefully
Interim Results 2012 Camco International Limited (AIM: CAO), a global developer of clean energy projects and solutions to reduce emissions today announces its results for the six months to 30 June 2012. Scott McGregor, CEO of Camco said: "Camco's business has developed well during the year, returning to profit and generating cash. "In H1 we continued to deliver on our strategy of developing and owning clean energy assets with success in North America and Asia. With proven project development expertise built up over 20 years, Camco is well positioned to deliver on our strategic goal of becoming a leading developer and owner of clean energy projects." "Clean energy projects will provide the Company with stable revenue streams from power production complementing our existing carbon business which we have successfully restructured to deliver returns even in a low carbon price environment and combined create long-term shareholder value." http://www.investegate.co.uk/article.aspx?id=201209120700100466M&fe=1&utm_source=FE%20Investegate%20Alerts&utm_medium=Email&utm_content=Announcement%20Alert%20Mail&utm_campaign=Camco%20International%20Alert
4.64 +0.39 (9.06%)
Camco International Limited (AIM: CAO), a global developer of clean energy projects and solutions to reduce greenhouse gas emissions, is pleased to announce that its US operation has received a grant from the US Treasury of approximately $6m. The grant has been awarded in connection with the construction of its 4.5 MW anaerobic digester, completed on time and ahead of budget earlier this year, at a 15,000 head dairy farm located in Jerome, Idaho. The digester produces biogas from cow manure that is then used to produce renewable electricity. The grant was received under the federal grant programme funding established by the American Recovery and Reinvestment Act of 2009. The majority of the funds received will be used to repay a loan which was used to fund part of the construction of the project. Scott McGregor, CEO of Camco said: "This grant resulted from the hard work, experience and commitment to deliver projects that we have based in North America. With a strong pipeline of projects, proven project development expertise, and the ability to successfully finance projects, Camco is well positioned to become the leading developer and owner of agriculture biogas plants in the US in the years ahead."
Board Change - Appointment of Chief Financial Officer Camco International Limited (AIM: CAO), a global developer of clean energy projects and solutions to reduce greenhouse gas emissions, is pleased to announce the appointment of Jonathan Marren as Chief Financial Officer and member of the Board with effect from today. Jonathan was most recently Deputy Head of Corporate Finance at Singer Capital Markets, prior to which he was at Peel Hunt between 2000 and 2010 where he was a Director in the Corporate Department with responsibility for their new energy and clean tech franchise. He acted as an advisor to Camco at both Singer Capital Markets and previously at Peel Hunt. Jonathan qualified as an A.C.A. with Arthur Andersen in 1999. Jeff Kenna, Acting Chairman of Camco said: "On behalf of the Board I would like to welcome Jonathan and look forward to working with him. His considerable experience of working in the new energy and cleantech environment will be extremely valuable as we continue to grow our projects division." Jonathan Marren said: "It's a very exciting time to be joining Camco. The carbon portfolio has been successfully structured to have significant value despite current market conditions and the projects business continues to develop well and provides a platform to produce strong revenue streams in the future. I look forward to working with the team to deliver value from Camco's leadership position in strategic markets where emission reduction and clean energy development will be a focus for many years to come."
Notice of AGM and Posting of 2011 Annual Report Camco International Limited ("Camco"), a global developer of clean energy projects and solutions to reduce emissions, is pleased to announce that the Annual General Meeting ("AGM"), relating to the Company's financial year ended 31 December 2011, will be held on Friday 27 July 2012 at 11:00am, at Kreab Gavin Anderson, Scandinavian House, 2-6 Cannon Street, London, EC4M 6XJ, United Kingdom. Camco also announces that in accordance with AIM Rule 20 the 2011 Annual Report is today being posted to shareholders. The 2011 Annual Report and AGM notice have been published and are available for download from the investor relations section of the Company's website at www.camcoglobal.com
DCD Media suitor Timeweave and fellow shareholder Henderson have put forward plans that would allow them to take majority control of the UK indie. Timeweave, a horse-racing and sports betting specialist, bought up a chunk of DCD debt in February and converted this into a 29.99% shareholding a couple of months ago. Now, together with another DCD shareholder, Henderson, the firm is looking to convert additional loan notes in a move that would give Timeweave 49.99% of DCD’s enlarged share capital and allow it to increase its stake beyond the 50% mark, “should it wish to do so.” The proposal includes a new share incentive scheme for DCD employees (the company houses production outfits including September Films, Rize, Prospect Pictures, Prospect Cymru and Matchlight), as well as making Timeweave directors David Craven and Richard McGuire non-exec directors of DCD “as soon as possible.” It’s the first time Timeweave has gone public with its reasons for taking an interest in DCD. “Timeweave plans to assist DCD to financially stabilise its business by relieving it of its significant debt burden and then developing its business model further and returning the company to growth,” it said in a statement. “DCD’s core production element is highly scalable and, with investment, could be both enhanced in its current markets and diversified into new areas of production. “This, along with the potential acquisition of content catalogues and investment in multi-media platforms, would drive enhancement to the distribution and rights businesses.” Timeweave added that while it intends to undertake a detailed business and operations review of DCD with the current management, and that this could result in an organisational restructure, it didn’t expect the process to have a “material effect on the other employees of the DCD Group.”
w h o o s h ! 2.49 +0.24 (10.56%)
5.30 +0.43 (8.72%)
RNS / Director Shareholding The Company has received notification from Graham Kettleborough, an Executive Director, of a transaction in his shareholdings. He has advised that on the 1 June 2012 he purchased 10,000 shares in representing 0.009% of the shares in issue at a price of 156.49p. Following the transaction, Graham Kettleborough's holding is 68,100 Ordinary 5p shares, representing 0.059% of the shares in issue.
Money week article ref share buybacks: http://www.moneyweek.com/news-and-charts/economics/uk/share-buybacks-company-managers-rob-you-22000
Human tissue specialist Asterand (LON:ATD) said it has signed letters of intent to sell each of the two businesses, BioSeek and the non-BioSeek Tissue Based Solutions business, separately. Assuming that definitive agreements are executed, the board expects to provide shareholders with details of the proposed transactions in the coming weeks, it told investors in its full-year results report. The company had initially put itself up for sale in October 2011, but has decided to sell the businesses separately. It is therefore no longer in an offer period. Asterand said the likely process will be disposal of the assets of each of the two businesses and a solvent liquidation of the group to return cash to shareholders. Whilst the level of a liquidation dividend cannot definitely be determined at this time, the board's current estimation, based on the letters of interest from the buyers and the current share price, is that the maximum payout to shareholders is unlikely to show a significant premium to the share price as of the close of business on April 26 2012, which was just over 4.10 pence. Revenue for the non-BioSeek portions of the Tissue Based Solutions business, which had been volatile for most of the year, stabilised in the last quarter of 2011, providing an increased cashflow over the original estimates. The company therefore believes it will maintain adequate resources to continue in operational existence until the disposals are completed. Asterand is currently in default of its Silicon Valley Bank and former shareholders of BioSeek loans. “We have been in communication with our lenders and they are in support of resolving the default status at the conclusion of this process.” For the full-year to end-December 2011, Asterand reported revenues of US$24.01 million, up from US$21.3 million a year earlier. The operating loss widened to US$4.54 million from US$2.1 million previously.
4.00 -0.12 (-3.03%) Real-time: 9:00AM BST
"The interesting similarity between Creon and Oak Holdings is the Non-Executive director Aamir Quraishi who's CV looks pretty impressive, and is a non-exec at both companies. Peter Redmond is also a Non-Executive director at Oak Holdings, and this chap also has his fingers in a number of pies, including Leed Resources (LON:LDP) and IGAS (LON:IGAS). Both of these chaps look like interesting characters, so holders will sit patiently waiting to see how both of these cash shells play out."
Charles Thompson, creative director of DCD Media, is expected to be out of action for up to four months after breaking his back. Thompson’s responsibilities will be taken on by Prospect exec producer Marc Sigsworth and September Films UK exec producer Peter Wyles. Broadcast sends Charles its best wishes and hopes for a speedy recovery.
RNS:http://www.investegate.co.uk/Article.aspx?id=201204201040397504B
Notice of Results and current cash balance Camco International Limited ("Camco" or "the Company"), a global developer of clean energy projects and solutions to reduce greenhouse gas emissions announces that it will be publishing its full year results for the year ended 31st December 2011 on Tuesday May 22nd. The Company's cash balance as at 13th April 2012 was approximately €17million (€11.3 million at 31 December 2011)1, following on-going performance of the business this year and completion of certain carbon transactions. Camco's joint venture in South East Asia also holds a cash balance of approximately €20 million as at 31 March 2012. Scott McGregor, Camco CEO said "Our teams have been working hard this year with respect to restructuring our carbon business model in light of market conditions and I look forward to announcing our full results and restructuring in May. Since the year end our clean energy projects business has continued to expand as planned and our carbon business has performed well considering the difficult carbon pricing environment."
Alphameric plc : DCD Media PLC - Conversion Notice 04/12/2012 | 06:14am DCD Media plc ("DCD Media" or the "Company") Conversion Notice DCD Media plc has received a conversion notice from Timeweave plc to convert £595,750.00 in principal of its convertible loan notes into 59,575,000 ordinary shares of 1p each in the share capital of the Company ("Ordinary Shares" and "Conversion"). Following the Conversion Timeweave plc will be interested in 59,575,000 Ordinary Shares representing 29.99% of the Company's issued share capital as enlarged by the Conversion. Application will be made for the 59,575,000 Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur at 8.00am on 18 April 2012. The total number of Ordinary Shares in issue following the Conversion will be 198,670,283. Sammy Nourmand, Chief Executive DCD Media plc