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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Eight Capital Partners Plc | AQSE:ECP | Aquis Stock Exchange | Ordinary Share | GB00BYT56612 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.028 | 0.00 | 06:53:23 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 0.026 | 0.03 | 0.028 | 0.028 | 0.028 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | 0 | 0.028 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 06/11/2024 | 13:45 | UK RNS | Eight Capital Partners PLC Result of AGM |
| 14/10/2024 | 06:00 | UK RNS | Eight Capital Partners PLC Board Change and Notice of AGM |
| 30/9/2024 | 06:00 | UK RNS | Eight Capital Partners PLC Half-year Report |
| 22/8/2024 | 09:30 | UK RNS | Eight Capital Partners PLC 1AF2 Bond Update |
| 22/7/2024 | 12:00 | UK RNS | Eight Capital Partners PLC 1AF2 Bond Update |
| 02/7/2024 | 06:00 | UK RNS | Eight Capital Partners PLC Final Results for the year ended 31 December.. |
| 01/7/2024 | 06:00 | UK RNS | Eight Capital Partners PLC Delay to the publication of accounts &.. |
Eight Capital Partners (ECP) Share Charts1 Year Eight Capital Partners Chart |
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1 Month Eight Capital Partners Chart |
Intraday Eight Capital Partners Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 22/8/2018 | 13:17 | Eight Capital PLC | - |
| 16/12/2008 | 07:02 | EnCap: Liquidating. A Bargain at 120P? | 111 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
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| Top Posts |
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Posted at 11/12/2008 10:07 by poacher45 Received 11.2p per share on the 8th of Dec. They are trying to reclaim more tax in America. If successful could payout upto a maximun of 1p but not before October 2009. |
Posted at 13/10/2006 03:40 by xxx bizarre, thats why i havent contacted them....can i ask how this has been treated in terms of personal tax?i filled in encap in the liquidations part of my tax return,but can anyone explain how it is treated eg if you pay 1.20/share and receive distributions of 108 pence so far,how is the benefit/liability calculated? thanks in advance. |
Posted at 25/12/2005 08:52 by poacher45 Just had another 7p a share dividend and with the tax situation looking better could possibly see a final payment above 7p. |
Posted at 02/11/2005 10:23 by diogenesj Didn't go, and haven't heard anything, I'm afraid. If it's the minimum 1p per share, I'm only due for another £50 or so - but it would be nice to get this business out of the way. :-) |
Posted at 08/10/2004 15:46 by diogenesj Thanks a lot, poacher. I wrote to the company in September asking to be kept informed as a shareholder, but they ignored the letter, so this is the first I've heard. I see now that there actually is an RNS, but it didn't show on my screen. It's not good. Every time you hear from these people, they seem to have got through more of the cash. There was supposed to be £29.90m in cash. 75p per share is about £17.42m, plus the £11m left makes £28.42m, so that's another one and half million down the drain. If they pay out £10m of the last £11m, that's only another 43p per share, total 118p. And what about the last investments? Anyway, thanks again, I appreciate the trouble you have taken to post this. Do let me know if you hear any more. Luckily I haven't got a big holding. Best wishes, D. |
Posted at 15/8/2004 18:58 by energyi liquidated too soon. it seems...Background Following the receipt of the proceeds of the disposal of Cordillera in October 2003 and the receipt of a distribution of approximately $9.6 million from MPAC Energy/AROC in November 2003 and other minor realisations since then the Company currently has cash deposits of approximately £27.2 million. The Company's remaining investment assets have a book value of approximately US$10.4 million, based on the investment values as at 31 December 2003. The two significant investments that remain are BreitBurn (valued at approximately $6.7 million) and MPAC Energy/AROC (valued at approximately $3.5 million). ... As at 31 December 2003 the audited net asset value of the Company extracted from the Report and Accounts for the year ended on that date was 248.5 cents per share, equivalent to 139.7 pence per share at an exchange rate of £1: US$1.7785 at that date, with the Company's assets at that date represented by £25.7 million sterling and $2.0 million US dollars in cash and $10.8 million in unlisted investments. As at 31 May 2004, being the latest practicable date before the publication of this document, the Company's assets were £26.5 million sterling in cash and its dollar net assets, including estimated US taxation net recoveries and based on investment values as at 31 December 2003, were $10.4 million. Converting the latter at the current exchange rate of US$1.84: £1 results in assets of approximately £32.2 million sterling or 138.7 pence per share. = = = recent news 1) Energy Capital Investment Company PLC ("the Company") has been advised that, as at close of business on 8 July 2004, Man Financial Limited are interested in 2,363,855 Ordinary 25p shares, representing 10.18% of the issued share capital 2) NOTICE OF TEMPORARY SUSPENSION OF LISTING FROM THE OFFICIAL LIST 14/07/2004 7:30 AM ...TEMPORARY SUSPENSION ENERGY CAPITAL INVESTMENT COMPANY PLC The Financial Services Authority ("the FSA ") temporarily suspends the securities set out below from the Official List effective from 14/07/2004 7:30AM at the request of the company.pending an announcement 3) at 13 July 2004 Deutsche Bank AG has a notifiable interest of 1,608,850 Ordinary 25p shares of the Company, representing 6.93% of the issued share capital. |
Posted at 25/2/2004 00:26 by judgement Hi Linhur,I didn't realise it was Venture they were in talks with! Was that publicised, or just something you heard? Wonder is the mark-up implies that someone's gone wind of a price for the rump of the portfolio. |
Posted at 23/11/2003 11:31 by flying pig I agree that there appears to be a premium between the likely return and the share price. Not dramatic but better than the building society. |
Posted at 03/5/2003 00:56 by energyi Energy Capital Investment Co.PLC29 April 2003 Chairman's Statement Compared with the hectic activity of the previous year, largely prior to September 2001, the investment disposal activity in 2002 was decidedly muted. However, on the corporate front, the return of $30m (#19.5 million) capital to shareholders in July was the highlight of the year. As shareholders are aware, the Board has continued to review actively ways to maximise shareholder value and shareholders have agreed to extend temporarily the life of the Company until the Annual General Meeting to be held in 2003 when the matter will be reconsidered. The primary reason for this extension was to examine options which might be more attractive to shareholders than an orderly winding up of the Company. After adding back the return of Capital and the associated costs in connection therewith totalling $30.3 million to the net assets at 31 December 2002, the total of $86.7 million is much the same as the total of the net assets at 31 December 2001 ($86.8 million). The net assets at 31 December 2002 of $56.4 million are equivalent to 242.7c per share on the reduced number of 23.2 million shares now in issue or 151.3p in sterling terms compared to 233.7c per share or 161.0p in sterling terms at 31 December 2001. Applying the current exchange rate to the year end net asset value per share would increase the sterling equivalent to approximately 152.6p as compared with a current share price of 87.5p representing an approximate discount of 43%. Portfolio transactions during 2002 were primarily limited to the sale of our interest in First Permian to Energen Corporation providing ECIC with cash proceeds of $1.3 million. However, significant progress has been made to improve the realisation possibilities of our remaining investments. In the first quarter of 2003, interests in CERES, Hilcorp Energy and Sierra 1996-1 were sold resulting in ECIC receiving cash proceeds of $2.8 million. Further, the sale of our interest in 3TEC to Plains Exploration is expected to close in the second or third quarter of 2003 providing ECIC with cash proceeds of approximately $6.3 million and 472,000 shares of the acquirer, which represents an enhancement, assuming the current price of Plains Exploration, of approximately $0.7 million over the carrying value as at 31 December 2002. We continue to believe our liquidation programme, supported by a favourable oil and gas pricing outlook, will maximise remaining value to our shareholders. As a matter of policy we are holding cash balances, currently totalling approximately $8 million, 50% in US dollars and 50% in sterling. Both oil and natural gas prices showed increasing strength throughout 2002. After reaching a low near $18 per barrel during the first quarter of 2002, crude oil steadily increased during 2002 to reach $31.23 per barrel by the year end. Similarly, natural gas reached a low of near $2 per MCF during the first quarter of 2002 but steadily increased to $4.75 per MCF by the year end. Both oil and gas prices remain strongly supported to date in 2003 primarily due to near historically low U.S. inventory levels present with both commodities. In addition, continued geopolitical concerns related to oil and concerns over US production decline rates, primarily associated with natural gas, have provided ongoing pricing support to date in the current year. In valuing our remaining project equity and certain private company investments at 31 December 2002, consisting primarily of MPAC Energy, BreitBurn and Cordillera, we have applied the NYMEX forward strip pricing at that date. Oil prices applied in the valuation, before adjustment for price differentials, were $27.35 per barrel for 2003 and averaged $23.80 per barrel for the subsequent 5 years. Natural gas prices applied were $4.54 per MCF for 2003 and averaged $4.10 per MCF for the subsequent 5 years. Consistent with prior years, such pricing was applied to proved reserves as provided by third party engineers with the resulting cash flow, net of all future development and operating costs, discounted at 10% per annum. After taking into account adjustments for portfolio companies' liabilities and other assets, the value of asset-based investments was $27.9 million, or 52 % of our investment portfolio at 31 December 2002. Investments valued at quoted securities' prices or at their realisable value, as with loans and investments under existing sale agreements, totalled $25.8 million aggregating to a total investment value at 31 December 2002 of $53.7 million. In order to expedite the liquidation of our remaining investments we have recently revised, with the full cooperation of EnCap, the management agreement to remove approximately $20 million of quoted investments from their management. Hitherto, these investments were subject to various sale restrictions by virtue of the fact that the Company was deemed to be an affiliate of EnCap in relation to those investments. We shall continue to keep under review ways to maximise shareholder value, including share buy-backs in the market, and to return any significant surplus capital to shareholders in a tax efficient manner. In this respect, as with last year, it is deemed not to be in the interest of shareholders to recommend the payment of a final dividend for the year ended 31 December 2002 or, indeed, to pay dividends in the future whilst the Company is in its present wind-down mode. Resolution 5 at the forthcoming Annual General Meeting proposes that the Company's life should be extended for a further year until the conclusion of the Annual General Meeting to be held in 2004. Your Directors continue to believe that it is in the best interests of shareholders to remain with the Company in its existing wind-down mode rather than to place the Company into voluntary liquidation. As reported at the interim stage, Gary Petersen, an executive director of EnCap, did not stand for re-election at the Annual General meeting held on 27 June 2002 and also on that day, Leo Deschuyteneer resigned following Sidro S.A.'s sale of their entire shareholding. On 21 November 2002 Andrew Pegge, who represents Laxey Partners' significant interest in the Company, was appointed as a non-executive director. I would like to take this opportunity to thank my fellow directors and those who have resigned during the year, together with our professional advisers, for continuing to assist the Company in enhancing the value to shareholders in pursuance of our exit strategy. Alan Henderson Chairman 29 April 2003 |
Posted at 23/3/2003 08:46 by energyi ENERGY CAPITAL INVESTMENT COMPANY PLC ("ECIC")Announcement re 3TEC The Board of ECIC announces that Plains Exploration & Production Company ("Plains Exploration") has conditionally agreed to buy 3TEC Energy Corporation ("3TEC"). ECIC's ownership of 3TEC includes 447,095 shares of common stock, 131,498 warrants (to be exchanged for 92,048 shares in Plains Exploration and $0.9 million cash) and convertible preferred stock with a liquidation preference of $1.7 million. ECIC's interests in 3TEC will be acquired for a cash consideration of $6.4 million and 472,079 shares of Plains Exploration with an estimated value (assuming the current share price of Plains Exploration of $9.44 as at 18 February 2003) of $4.5 million. The Offer is subject to adjustments depending on movements in the share price of Plains Exploration prior to closing. This adjustment mechanism is intended to provide that the total value of the consideration received in respect of a 3TEC share will be between $15 and $19. The aggregate of $10.9 million compares with the valuation of $9.4 million as at 31 December 2002 and $11.3 million included in the reported figures for the half year ended 30 June 2002. Completion is anticipated in the second quarter of 2003. = = = ECIC's ownership of 3TEC includes 447,095 shares 447095 x $15.70 = $7.0 million /1.54= £4.55 million est. 35mn shs. O/S: £4.55 / 23.5 = 19.4p / ECP share |
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