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AAT Aea Tech Grp

0.05
0.00 (0.00%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Aea Tech Grp LSE:AAT London Ordinary Share JE00B3ZHFD45 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.05 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.05 GBX

AEA Technology (AAT) Latest News

Real-Time news about Aea Tech Grp (London Stock Exchange): 0 recent articles

AEA Technology (AAT) Discussions and Chat

AEA Technology Forums and Chat

Date Time Title Posts
05/7/201915:10Airtel Africa -
16/4/201316:17New AEA TECHNOLOGY GROUP Thread25
08/11/201207:58AEA Technology plc902
18/7/201219:48Only worth 6 pence on fundamentals......9
28/5/201211:59AEA Technology PLC954

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AEA Technology (AAT) Most Recent Trades

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AEA Technology (AAT) Top Chat Posts

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Posted at 16/4/2013 16:17 by smcl
WHO GETS THE £18m????????????

Ricardo acquires AEA Europe

Ricardo has announced today that it has acquired the business, operating assets and employees engaged in the business of AEA Technology Plc (in administration) ("AEA Europe"), for a total cash consideration of £18.0 million. No historic defined benefit pension liabilities or bank debts will transfer to Ricardo as part of the transaction.

AEA Europe is a leading environmental consultancy providing technical consultancy services to the UK public sector, the European Commission, international agencies and private sector organizations. The company is a major supplier of services to the UK government, and has a reputation for providing authoritative and independent technical expertise to underpin policy development, implementation and evaluation, in areas including energy and climate change, air quality, sustainable transport, waste management, resource efficiency and chemical risk.

The acquisition announced today will see the AEA Europe business, including an operational staff of approximately 400 located at five UK sites, transferring to Ricardo where it will operate as Ricardo-AEA under the continued leadership of Robert Bell, reporting to Martin Fausset, managing director of Ricardo UK. Based on its most recent reported results, the assets being acquired generated, for the year ended 31 March 2012, annual revenues of £39 million and delivered operating profit margins similar to those of the rest of the Ricardo group. Its acquisition represents an increase in the size of the business of approximately 20 percent.

Today's announcement marks a significant and extremely positive step in the development of both the Ricardo and AEA Europe businesses, offering potential long-term and enduring benefits for customers, employees and investors alike. Ricardo and AEA are both extremely strong and highly respected businesses in their respective core markets, providing a wide range of high quality, expert technical, scientific and strategic consulting services including the delivery of major national and international programmes.

The clients of Ricardo and AEA Europe are complementary. It is anticipated that Ricardo's international network will allow AEA Europe to develop as a more global business, leveraging Ricardo's industrial client base. In addition, AEA Europe's strong links with government organizations are expected to enhance Ricardo's relationships in this customer area.

"I'm delighted to be able to welcome AEA Europe and its employees to Ricardo," said Ricardo CEO Dave Shemmans. "AEA Europe has a strong reputation for its technical capabilities and has a pre-eminent position in advising on and developing major environmental policies. This acquisition supports our ongoing strategy and marks the continued development of Ricardo as the global multi-industry supplier for high quality strategic, technical and engineering services.

"The two businesses share a similar technology-focused professional culture, based on the delivery of innovative world class services to our customer base, utilizing highly skilled employees. Our common long term strategic drivers of reducing carbon emissions, maintaining air quality and the management of scarce resources provide an excellent opportunity to further develop Ricardo's expertise in delivering high value-added services to our global customer base."

Robert Bell, managing director of Ricardo-AEA, added: "I am extremely pleased that AEA Europe has become part of Ricardo. The transaction both secures the future for AEA Europe and provides a platform for its continued success and growth as a part of the global Ricardo organization."
Posted at 30/10/2012 08:20 by maxmarilli
ADVFN news feeds down:today aat rns:


AEA TECHNOLOGY GROUP PLC (the "Company")



Update on Banking Facilities



On 6 August 2012, the Company announced that it had entered into a facility agreement with the Lloyds TSB Bank plc (the "Bank") for additional short term funding of £5 million on a secured basis through to the end of October 2012. As announced previously, the additional funding has allowed the Board to continue its consideration of all strategic options to realise value and the Board remains in on-going and constructive discussions with a number of interested parties.



Given these on-going discussions the Bank remains supportive of the Company while it continues its consideration of all strategic options.



Notwithstanding this on-going process and related discussions, as previously announced, the Board remains of the view that such strategic options would result in little or no value for shareholders.



The Company will provide a further update in due course.
Posted at 11/9/2012 12:09 by hightech
Thank you Fen,
I think it will survive, but risk is there. If they succeed to get new contracts, the share price can jump ten fold.
As you rightly said, it worth a small punt as it may get you rich.
Posted at 06/9/2012 10:12 by duncandisorderly
It look to me like the Watsons are lamely trying to support the share price.You only have to tell the market when you have exceeded another 1% any time above 3%.It wouldn't surprise me if they are selling today.Well done to them though as they had picked up most at the bottom.
Posted at 09/8/2012 09:40 by hightech
yes, but this has diverse activities and the support of the governments around the world. They need to accept a bit of risk and involve in international projects, contract with UN, ....

If they survive, share price will move above 1p.
Posted at 06/8/2012 11:20 by beginnersguide
I believe the company must be making a profit for the bank to keep backing it up with millions, and the statement about no share holder value they keep stressing is to keep the share price down so it can be sold very cheaply. I bet there is a lot of interest as they also own two American company's.

BG
Posted at 09/7/2012 13:38 by susiebe
Have a good feeling about AAT...

think any bad news would've been announced as per 4.29 RNS

wonder what share price at eom?
Posted at 12/6/2012 19:16 by cyberbub
Another large-ish (for AAT anyway) round-sized trade at 0.2p today, 2.5M shares.

I reiterate my theory that there is a large seller offloading at a fixed price of 0.2p every day, and that most of the rest of the trades every day are buys absorbing the seller. There seems to have been a 1M rollover first thing today, but the rest of the trades are mostly buys, with a couple of other sells.

The share price seems to have more or less reached equilibrium at the moment on this basis, also bearing out my theory.

If I am right, what will happen when the big seller is finished? ;-)

No advice intended, touch wood etc etc
Posted at 29/5/2012 22:48 by cyberbub
Surely the problem at AAT is not the operational issues, which are surmountabl, and the share price should be much higher, but it is the pension fund liabilites which are holding the share price back?
Posted at 21/1/2012 16:29 by knigel
Colliers is a name from the past as I'm sure Debenhams/Arcadia were involved somehow with them back in the 1980s or 1990s (as the name rings a bell) will look thanks.
Anyway I'm staying in AAT for now and may add a few more if it falls sharply - I don't think the games up yet.
Its the same for quite a few shares at the moment, share price at rock bottom but potential to raise sharply. I'm in Yell, Sty, Pdg, Hamp & Fdl at the moment (loads more within my SIPP) and I am fairly confident that at least 1/2 of these companies share price will be a lot higher by the end of the year.
I just wonder if anyone might consider bidding for AAT as they wouldn't be able to defend an approach IMO.
AEA Technology share price data is direct from the London Stock Exchange

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