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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
China New Energy Limited | LSE:CNEL | London | Ordinary Share | JE00B3RWLF12 | ORD 0.025P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 7.50 | 7.00 | 15.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCNEL
RNS Number : 1894F
China New Energy Ltd
26 July 2016
26 July 2016
China New Energy Limited
("CNE" or "the Company")
Signing of IPPA in Zambia
The Board of CNE (AIM:CNEL), the AIM quoted engineering and technology solutions provider to the bioenergy sector, notes the press commentary in relation to Sunbird Bioenergy Africa Limited ("Sunbird") and the Investment Promotional and Protection Agreement ("IPPA").
The Company is pleased to learn that Sunbird and the Zambian Development Agency have signed the IPPA, a key milestone in the commencement of the Zambian project.
The Company notes, however, that there are a number of other project milestones which need to be concluded prior to it entering into a formal agreement with Sunbird to commence construction of the Zambian project.
The Company will provide a further update to the market in due course.
For further information, please visit www.chinanewenergy.co.uk or contact:
China New Energy Limited www.chinanewenergy.co.uk Richard Bennett Tel: +44 (0)7966 388 374 or rbennett@zkty.com.cn Ivy Xu Tel: +86 (0)20 8705 9371 or xuhj@zkty.com.cn Cairn Financial Advisers Tel: +44 20 7148 7900 LLP (NOMAD) Jo Turner / Sandy Jamieson Daniel Stewart and Co Tel: +44 20 7776 6550 (Broker)
This information is provided by RNS
The company news service from the London Stock Exchange
END
AGRLELLLQDFXBBF
(END) Dow Jones Newswires
July 26, 2016 02:01 ET (06:01 GMT)
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