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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Sulnox Group PLC | SNOX | Aquis Stock Exchange | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade | |
|---|---|---|---|---|
| 0.00 | 0.00% | 31.50 | 16:30:16 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 31.50 | 31.00 | 32.00 | 31.50 | 31.50 |
| Top Posts |
|---|
Posted at 22/12/2023 09:38 by dexdringle No. Sadly we small shareholders have been deprived of the opportunity to fund, at a discount, another year of fantasy and utter stupidity....."The board of directors of the Company (the "Board") is pleased to announce that a group of investors, consisting of both new and existing shareholders (the "Investors"), have agreed to subscribe for a total of 7,826,088 new ordinary shares of 2 pence each ("Ordinary Shares") at a price of 23.0 pence per Ordinary Share (representing a discount of 11.5% to the average closing price of the Ordinary Shares for the last 5 trading days of 26.0p) to raise a total of £1,800,000, before expenses (the "Subscription"). It is expected that the funds raised under the Subscription will be utilised for general working capital purposes" |
Posted at 06/7/2023 07:44 by strollingmolby Well, that's quite the rise following the new investor coming on board with 16.3% at 9.5p and 10p...! And just before a golden cross forms on the chart. |
Posted at 29/6/2023 17:53 by strollingmolby Nice to see a new cornerstone investor with links to the shipping industry jump onboard, and at not much of a discount at 9.5p.Libra board member becomes major shareholder in greentech firm Tergeo Limited has become a major shareholder in greentech company SulNOx following a series of off-market transactions. Tergeo Limited now has a holding of 10,000,000 ordinary shares of 2 pence each, which is equivalent to 9.89% of the current issued ordinary share capital in SulNOx. The company is an entity incorporated in the United Kingdom to hold the interest in SulNOx on behalf of Constantine Logothetis, the chairman of London-based Alithea Capital. He is also a board member of the George Logothetis-run Libra Group, which runs Lomar Shipping, and the chairman of the Advisory Board of Gravity Private Wealth. He was previously the founding executive vice chairman of the Libra Group where he served for close to 20 years. Logothetis’ total holding in SulNOx, including his new interest held through Tergeo, is now 10.88% of the company’s current issued ordinary share capital. “I am delighted to welcome Mr Logothetis and Tergeo as a significant shareholder in SulNOx. The company now has a cornerstone shareholder who is ready to bring further financial and commercial resources to support our growth aspirations and unlock the true potential of our products,” Radu Florescu, chairman of SulNOx, said. “We aim to leverage our worldwide network, particularly in energy and shipping, to grow SulNOx’s revenues, investor base, brand, and market presence,” Constantine Logothetis added. |
Posted at 04/3/2023 18:34 by strollingmolby Well, the options expired unexercised - what was the point of all that? Was there some event or announcement expected regarding prospects which would have made them pounce and snap-up 29.9%...?Further to the Company's announcement of 10 February 2023 (the "Announcement"), the board of the directors of the Company (the "Board") understands that none of the Option Agreements set out in the Announcement have been exercised by RemNOx Ltd. ("RemNOx"), and have now expired. The Board has requested that RemNOx inform the Company if any revised arrangements regarding the Company's shares or voting rights are agreed. |
Posted at 13/2/2023 11:25 by strollingmolby Interesting developments last week with two announcements from RemNOx, a distributor of SulNOx products and started by former SulNOx directors.First, RemNOx director, Angela Bravo, who incorporated SulNOx group in 2013, transferred 6,060,000 shares to RemNOx Ltd. A second announcement on Friday was what really piques the interest however, where RemNOx reported that, in addition to the 6,060,000 shares from the first announcement, has entered into option agreements with four former SulNOx directors to acquire their shares totalling 24,080,000 at a price of 30p in a short window between 6-28 February. If fully exercised this would take RemNOx's holding to 29.89%, clearly a blocking stake for anyone else taking an interest in SNOX, and maybe an indication that they've seen how strong the sales have been in Q4'22 and the start of Q1'23? |
Posted at 24/12/2022 11:45 by strollingmolby Use of ProceedsThe net proceeds of the Fundraising will be used as follows: · Capital Expenditure to accelerate and support revenue generation from the Company's significant client pipeline: o Shipping trial equipment e.g., emissions monitoring hardware to reduce evaluation timelines and provide data to push carbon credit and CII solutions o Stock purchase - to satisfy the Company's immediate sales pipeline expectations · Research and Development to enable product expansion: o Further fuel standard verifications from independent testing in c.10 countries including South Africa, Australia to compliment those already received for the USA, Europe and India. o Carbon footprint analysis (measuring the carbon input of SulNOx - critical for ESG funds and many multi-national Sustainability policies) and Patent finalisation and ongoing maintenance in c. 70 countries · Further Investment in the Company's marketing, financial and consumer public relations/affairs teams to continue thought leadership articles - having now reached an audience of >100million · General working capital purposes: o Appointment of Lead Sales co-ordinator and team to support and actively drive the performance from the growing new global ISOs/distributors and incoming client demand. o Appointment of a Sustainability Officer to establish process and support ongoing requirements work around developing Carbon Credits across the SulNOx client footprints (logistics, transportation, shipping and mining) and their financial reporting. Finalise SulNOx B-Corp status to enable further ESG investors especially in the US. |
Posted at 23/12/2022 14:34 by strollingmolby And there it is, the fundraising to keep the lights on for another six-months, also released with news of another promising trial in Norway... |
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