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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Aura Renewable Acquisitions Plc | ARA | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
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| 0.00 | 0.00% | 4.25 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 4.25 | 4.25 |
| Industry Sector |
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| GENERAL FINANCIAL |
| Top Posts |
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Posted at 09/12/2024 12:35 by hedgehog 100 True, but only £1M. absolutely has to be raised through equity, which for directors of this calibre, and with their contacts, should be no problem.The rest could potentially be through some combination of debt and grants. And unlike some other shells, ARA have been thoroughly 'testing the investment market' ahead of any deal, to see in advance what investors will fund. The valuations and business prospects here look credible enough to get this over the line. |
Posted at 09/12/2024 12:19 by hedgehog 100 "Valuation: ZCT's pre-money valuation is required to be a minimum of £30 Million. The pre-money value of ARA will be calculated as 10% of the pre-money value of the merged group, excluding the proceeds of the proposed Capital Raise and the Target Financing, such that ARA shareholders will hold 10.0% on an undiluted basis of the shares in ARA immediately after completion of the Proposed Acquisition, excluding those issued to investors under the proposed Target Financing and Capital Raise."So a £3M. valuation for current ARA shares, with 10,500,000 shares currently in issue, equates to a valuation of 28.57p per ARA share. Compared to a current ARA share price (suspended) of 4.25p, market cap. £446,250. I.e. an increase 'on paper' of over 6.7 times: over 570%! Thanks and well done to ARA's management for arranging this proposed deal, and fingers crossed that it completes. And well done to ARA shareholders who had the patience and understanding to hold on. I always felt that one day it would finally be 'our turn' here, and it feels sweet that it's finally come. |
Posted at 09/12/2024 11:17 by hedgehog 100 09/12/2024 08:00 RNS Regulatory News Aura Renewable Acquisitions PLC Proposed Initial Transaction LSE:ARA Aura Renewable Acquisitions Plc"Proposed Initial Transaction - acquisition of Zero Carbon Technologies Limited Aura Renewable Acquisitions Plc, a UK-based company, whose objective is to invest in the global renewable energy sector supply chain and thereby build shareholder value, is pleased to announce that as of 6 December 2024, it has entered into heads of terms (the "Heads of Terms") with Zero Carbon Technologies Limited ("ZCT"), a UK incorporated company with planned battery recycling operations in Europe, which set out the key terms for ARA to acquire 100% of the issued share capital of ZCT, in consideration for the issue of ordinary shares in ARA to the shareholders of ZCT, subject to due diligence, as well as the negotiation and execution of definitive agreements (the "Proposed Acquisition", to which ARA and ZCT are the "parties"). The Heads of Terms are non-binding except with regard to confidentiality, exclusivity, costs and other customary conditions for a transaction of this nature which are binding. About Zero Carbon Technologies Limited The directors of Zero Carbon Technologies Limited expect that it will be an innovative leader in the battery recycling sector, dedicated to providing sustainable solutions for the recycling of Lead-Acid batteries ("LAB") and Lithium-ion batteries. Leveraging intellectual property licensed from Regenerate Technology Global and Cambridge University, ZCT plans to expand its operations into EV battery recycling. It intends to use advanced recycling technology to recover black mass containing critical materials, including copper, lithium, cobalt, manganese and nickel. ZCT was incorporated in the UK on 26 May 2021, and has a non-binding agreement for a proposed business combination (which it is intended will be completed prior to the Proposed Acquisition) with Clean Tech Lab S.L. ("CTL") (incorporated in Spain). ZCT is in the process of acquiring land, buildings, and equipment with a view to establishing two advanced recycling facilities in La Mancha province, Spain. The board of directors of ZCT considers that the sites will be strategically located for both logistical efficiency and regulatory advantages. ZCT will manage the operations of these planned plants, with the first facility in Puertollano intended to begin commissioning in Q1 2025, followed by a facility in Montalbo anticipated to begin commissioning in Q4 2025. With an estimated potential combined annual processing capacity of 75,000 tonnes of LAB -equivalent to approximately 1.5 million used units - ZCT aims to recover up to 99% of the materials in these batteries, including by enhancing lead oxide, a valuable composite containing recycling minerals. This capability will be driven by proprietary technology, licensed from Regenerate and Cambridge University, which is expected to allow efficient recycling of LAB by the installation and commissioning of the plant within nine months from inception. Background to the Proposed Acquisition ARA was established to acquire and then act as the holding company for targeted businesses operating in the Global Renewable Energy Sector Supply Chain, particularly participants in the wind, solar, biomass, hydropower, carbon capture, waste management, smart grids and green hydrogen supply chain, and their sub-sectors. These potential targets could range from raw materials resourcing to power generation, energy storage and recycling. The Proposed Acquisition is in line with the Company's acquisition strategy. Overview of the Proposed Acquisition Structure: ARA will acquire 100% of ZCT's issued share capital through an all-share transaction. Post-acquisition, ZCT shareholders will hold a majority stake in ARA as enlarged. ARA will require evidence that immediately prior to the Proposed Acquisition, ZCT is the sole vehicle in which its current shareholders and any joint venture partners own their share interests in its business. Admission: on completion of the Proposed Acquisition, ARA's resultant entire issued share capital will be admitted to the Equity shares (commercial companies) category of the Official List of the Financial Conduct Authority ("FCA") and to trading on the Main Market for listed securities of the London Stock Exchange("LSE") ("Admission"). Target Financing: · It is proposed that ZCT will secure a minimum of £10 million of new capital at a minimum pre-money valuation of £30 Million ("Target Financing") contemporaneously with the Proposed Acquisition. · These funds would be utilised for capital expenditure and working capital, including commissioning ZCT's two proposed facilities. Costs: · All agreed transaction-related costs incurred by ZCT and ARA will be paid by ZCT, provided such costs have been pre-approved by ZCT. · The only exception is that the costs of any independent third-party reports procured during due diligence will be shared equally by ARA and ZCT. Capital Raise: · New capital of £1-2 million is proposed to be raised by the issue of ordinary shares in ARA contemporaneously with the Proposed Acquisition ("Capital Raise") to widen the shareholder base and to provide additional working capital. Valuation: ZCT's pre-money valuation is required to be a minimum of £30 Million. The pre-money value of ARA will be calculated as 10% of the pre-money value of the merged group, excluding the proceeds of the proposed Capital Raise and the Target Financing, such that ARA shareholders will hold 10.0% on an undiluted basis of the shares in ARA immediately after completion of the Proposed Acquisition, excluding those issued to investors under the proposed Target Financing and Capital Raise. Exclusivity: each of ARA and ZCT have agreed to engage exclusively with each other regarding the Proposed Acquisition and will use best efforts to mutually agree within 14 days of execution of the Heads of Terms the scope and duration of the transaction due diligence process, which is not intended to exceed 90 days from the signing of the Heads of Terms unless extended in writing by the Parties. The Heads of Terms will terminate in certain circumstances, including if the parties do not execute definitive agreements for the Proposed Acquisition within 6 months from the date they are entered into, unless extended in writing by the parties. Completion of the Proposed Acquisition is subject to satisfaction of certain conditions, including: · Receipt of all necessary regulatory approvals. · Satisfactory completion of legal, financial, and commercial due diligence by both parties. · Execution of a legally binding sale and purchase agreement. · Admission taking place. · Successful raising of equity funds as described above. · Approval of the transaction by the boards of directors and, as necessary, shareholders of both parties. · No material adverse change in the business, operations, or financial condition of either party. · The representations and warranties of both parties, as contained in the Heads of Terms and definitive transaction agreements, remaining true and correct in all material respects. · No inquiry or investigation by any regulatory body that could materially impact the merged group after completion of the Proposed Acquisition. · Both parties complying with all relevant regulatory requirements and being in good standing and not being in default under applicable securities laws, with no legal prohibition preventing the completion of the Proposed Acquisition. · Lock-up: Insiders of ARA and ZCT, including directors, officers, and key shareholders, entering into lock-up agreements, in a form agreed upon by both parties. These agreements will require the lock-up of shares for a period to be agreed following the re-admission to listing of ARA. · The Directors of ARA, acting reasonably, determining that ZCT has a pre-money valuation (before the signing of definitive agreements and any equity fundraising) of at least £30 Million. ARA anticipates publishing a prospectus approved by the FCA, detailing the Company, ZCT and the Proposed Acquisition at a date to be confirmed. Suspension of Listing Should the Proposed Acquisition complete, it would constitute an Initial Transaction under the UK Listing Rules, and accordingly ARA would apply for the admission of its shares to the Equity shares (commercial companies) category of the Official List of the FCA and to trading on the Main Market for listed securities of the LSE. Therefore, at the request of ARA, the FCA has suspended the Company's listing on the Equity shares (shell companies) category of the Official List, and trading on the Main Market of the LSE has also been suspended, as of 7.30am today, pending the publication of a prospectus providing further detail on ZCT and ARA as enlarged by the Proposed Acquisition, or an announcement that the Acquisition is not proceeding. Should the Proposed Acquisition not proceed, then ARA would need to apply for the suspension to be lifted and for trading to be restored. There can be no certainty that the Proposed Acquisition will take place, and it remains subject to, amongst other things, formal terms being agreed and the completion of legal and financial due diligence. A further announcement will be made in due course. John Croft, Chairman of ARA said: "We are delighted to be working with the team from ZCT with the aim of bringing this exciting business with a dynamic growth story to the public market. We have considered a number of potential acquisitions during ARA's life as a listed company and have been very cautious in our selection criteria, which has resulted in us taking longer than we originally anticipated in identifying a suitable target. ZCT has excellent synergy with our stated objective of identifying a transformational business that can create a meaningful contribution in the renewable energy space." Chris Farnworth, CEO of ZCT said: "We are excited to announce our proposed acquisition by Aura Renewable Acquisitions Plc, which would mark a significant milestone in ZCT's journey to contribute to the global transition to a circular economy in battery recycling. This acquisition would enable us to accelerate the deployment of our state-of-the-art battery recycling technologies and expand into the rapidly growing electric vehicle (EV) battery sector. We believe we are well positioned to make a meaningful contribution to the sustainability of the energy transition while creating substantial value for our shareholders. We look forward to working closely with ARA as we proceed with the necessary steps to finalize the transaction, and to unlocking the full potential of our innovative solutions to recover critical materials from lead-acid and lithium-ion batteries." - Ends - Contact Information Aura Renewable Acquisitions Plc John Croft, Chairman: +44 77 8531 5588" |
Posted at 15/10/2024 15:58 by hedgehog 100 14/10/2024 16:20 RNS Regulatory News Aura Renewable Acquisitions PLC Director Declaration LSE:ARA Aura Renewable Acquisitions Plc"Aura Renewable Acquisitions plc confirms that Robin Stevens, Non-Executive Director, has advised that he has been appointed as a Non-Executive Director of Fairview International Plc (LSE: FIL). This announcement is made in accordance with Listing Rule 9.6.14. Enquires: Aura Renewable Acquisitions Plc John Croft (Non-Executive Chairman) 07785 315588 Robin Stevens (Non-Executive Director) 07787 112059 Note; Aura was established to acquire and then act as the holding company for targeted businesses operating in the Global Renewable Energy Sector Supply Chain, particularly participants in the wind, solar, biomass, hydropower, carbon capture, waste management, smart grids and green hydrogen supply chain, and their sub-sectors. These potential targets could range from raw materials resourcing to power generation, energy storage and recycling. The Company's website is " FIL was a new IPO four days ago:- 11/10/2024 07:00 RNS Regulatory News Fairview International PLC Admission and First Day of Dealings LSE:FIL Fairview International Plc "Admission to Trading on the LSE and First Day of Dealings Fairview, the operator of international schools following the International Baccalaureate curriculum, is pleased to announce the admission of the Company's entire issued share capital to the Equity Shares (Transition) Category of the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange's Main Market for listed securities. Dealings in the Company's ordinary shares will commence at 08:00 GMT today under the symbol "FIL". The Company has carried out a placing and subscription of 26,500,000 ordinary shares at an issue price of 10 pence to raise £2.65 million before expenses. On Admission, the Company will have 556,000,000 ordinary shares in issue with a market capitalisation of the Company of £55.6 million (at the issue price). The ISIN number is GB00BR83RJ78 and the SEDOL is BR83RJ7. The Company's prospectus was published on 4 October 2024 and is available to view on its website at: subject to certain access restrictions. Daniel Chian, Chairman of Fairview, said: "We are pleased to announce our successful fundraising and admission of our shares to the Main Market. We hope the conclusion of our IPO is the beginning of the next chapter in our expansion as we seek further opportunities to grow the Fairview network of schools in Asia and the UK. According to the Asian Development Bank, the middle class in Asia will number 3.5 billion and account for over 65 per cent. of the global middle-class population by 2030. The IB curriculum's emphasis on critical thinking, global citizenship and multilingualism aligns closely with the values and aspirations of many Asian families. I believe that Fairview is well placed to serve this rapidly growing marketplace and I look forward to updating investors on our progress." ..." |
Posted at 06/9/2024 13:23 by hedgehog 100 06/09/2024 07:00 RNS Regulatory News Aura Renewable Acquisitions PLC Half-year Report LSE:ARA Aura Renewable Acquisitions Plc"Interim Results for the six months ended 30 June 2024 6 September 2024 - Aura Renewable Acquisitions plc, a UK-based company, whose objective is to invest in the global renewable energy sector supply chain and thereby build shareholder value, announces its interim results for the six months ended 30 June 2024. Highlights • Minimal overheads resulted in a loss before and after tax of £61,140, EPS 0.6p (loss) (2023: £69,598 and 0.7p (loss). • Cash resources of £590.000 at 30 June 2024 (2023: £661,000). • Targeting acquisitions operating in the Global Renewable Energy Sector Supply Chain. • Experienced board with extremely strong sector experience and a clear expansion strategy. • Good visibility towards potential targets through wide international network. • Flexible post transaction market strategy depending on size, structure, location and tax status. • Best practice ESG policies will be put in place to support and encourage sustainability across our business. John Croft, the Chairman of Aura commented: "Aura was established to identify and acquire businesses operating in the renewable energy sector supply chain, particularly participants in the wind, solar, biomass, hydropower, carbon capture, waste management, smart grids and green hydrogen supply chain, and their sub-sectors. "The Company raised £1,050,000 when it joined the Standard Segment of the Main Market of the London Stock Exchange in April 2022, and since the IPO the business continues to incur minimal overheads pending identification of a suitable acquisition target. This is reflected in our net loss before taxation for the six-month period of £61,928 (2023: £69,598 (loss)), and that at 30 June 2024, we had retained cash and bank resources of £589,531. "The board continues to identify and assess acquisition and investment opportunities in the UK and overseas, which could offer the quality and scalability required to achieve significant shareholder growth. We also continue to engage with the board's extensive business network and introducer base to promote the Company expansion strategy. "Economic and political uncertainty has helpfully reduced during the year to date, as has inflation, and interest rates are beginning to edge down. While capital market and new issues activity has been generally depressed since November 2021, there have been signs of more corporate activity, particularly at the smaller end of the market during 2024, and M&A is more buoyant. The now widespread acceptance and understanding of the danger of global warming on populations, habitats and landscapes continues to underpin our business strategy and economic rationale. Fortunately, there is a growing willingness by national governments to focus on sustainable renewable energy. "With the stated intention to make Britain a clean energy superpower, the new Labour Government in the UK has committed to work with the private sector to double onshore wind, triple solar power and quadruple offshore wind by 2030. This commitment is made with the intention of making the UK more energy secure, protect consumers from price fluctuations in fossil fuels, and help drive investment in jobs and businesses in the renewable energy sector, while seeking to achieve medium- and longer-term carbon reduction targets. "Support for renewable energy remains positive across the UK economy. Investment in the major, continued restructuring of Britain's electricity grid to facilitate the transition to renewable energy remains on track. Our conversations underline sustained support by the institutional investment community for the energy transition and this is consistent with media reporting. Installation of both solar PV and heat pumps in UK homes are at record highs. The UK remains a vibrant market for innovation in low-carbon technologies. While there is some public and media pushback on the Net Zero agenda, not least due to higher energy prices, we believe this is taking place in the normal political discourse, while the underlying drivers for change are as strong as ever. "We have been cautious in our targeted and considered approach to our first acquisition, particularly during a time when the ability to raise finance on capital markets has been severely restricted by investor caution and economic uncertainty. We have sought to identify a transformational target that can create a meaningful contribution in the renewable energy space, and this remains our intention. The renewable energy sector will offer exciting opportunities for acquisitive and organic growth as capital markets recover, and we are committed to ensure that the Company and its stakeholders will share in these opportunities." Enquiries Aura Renewable Acquisitions Plc John Croft (Non-Exec Chairman) 07785315588 Robin Stevens (Non-Exec Director) 07787112059 Media enquiries Allerton Communications Peter Curtain 020 3633 1730 aurarenewables@aller Notes to Editors Aura was established to acquire and then act as the holding company for targeted businesses operating in the Global Renewable Energy Sector Supply Chain, particularly participants in the wind, solar, biomass, hydropower, carbon capture, waste management, smart grids and green hydrogen supply chain, and their sub-sectors. These potential targets could range from raw materials resourcing to power generation, energy storage and recycling. As a consequence of the new UK Listing Rules introduced by the Financial Conduct Authority, which came into force on 29 July 2024, the Company has automatically been included in the shell companies' category of the Official List." |
Posted at 27/1/2024 20:15 by hedgehog 100 26/01/2024 07:00 RNS Regulatory News Aura Renewable Acquisitions PLC Holding(s) in Company LSE:ARA Aura Renewable Acquisitions PlcSo on 25th. January 2024, N. Fitzpatrick crossed the 4% holding threshold for ARA, having previously crossed the 3% threshold in July 2023. This further shows that he's obviously a shrewd investor, not only identifying this outstanding & undervalued investment opportunity, but then also cannily accumulating on dips. |
Posted at 22/1/2024 10:27 by hedgehog 100 TMOR, a similar shell to ARA, has today announced a placing at a 100% premium to its pre-existing share price of 0.5p:-22/01/2024 07:00 UK Regulatory (RNS & others) More Acquisitions PLC Placing at 1p per share and Board Changes LSE:TMOR More Acquisitions Plc "The Directors of More Acquisitions Plc (LSE: TMOR) are delighted to announce a placing as well as board changes designed to facilitate the Company's next phase of growth. Highlights -- Appointment of two highly experienced company directors to the TMOR board. Neil Sinclair will move to Executive Chairman and Stanley Davis as non-executive director. -- Fundraising of GBP312,240 through the issue of 31,224,000 new ordinary shares of GBP0.01 each at a price of 1p per share ("Placing Shares") with 2 free attaching warrants for every 1 Placing Share issued exercisable at 1.5p (exercisable at any time during the 60-month period from 4 March 2022). These options are on identical terms to those granted to investors at the time of the Company's IPO. -- Current director Charles Goodfellow will remain on the board with Roderick McIllree retiring effective immediately. Rod McIllree, Executive Director of More Acquisitions plc, said: "Today marks a significant point in the evolution of More Acquisitions. The appointment of Neil and Stanley to the Board of the Company marks an exciting step towards the execution of a reverse take-over which is expected to be value enhancing for all stakeholders. They begin their tenure on a positive note by investing in the Company at a significant premium to the market thereby confirming their faith in their stated objective of value creation. I am very confident I leave the company in good hands and look forward to continuing as a shareholder as it now moves through these next value enhancing steps." Board Restructuring The Company is pleased to announce the appointment of Neil Sinclair as the Company's new Executive Chairman, and Stanley Davis as a Non-executive Director to the Board. Neil Sinclair - Executive Chairman Neil Sinclair has over 60 years' experience in the real estate sector. He was a co-founder of Sinclair Goldsmith, Chartered Surveyors, which was admitted to the Official List in 1987. It subsequently merged with Conrad Ritblat in 1993, when he became Executive Deputy Chairman. Neil was appointed Chairman of Baker Lorenz, surveyors in 1999, which was sold to Hercules Property Services plc in 2001. He was appointed a non-executive director of Tops Estates plc in 2003 and remained so until it was sold to Land Securities plc in 2005. He co-founded Palace Capital plc with Stanley Davis in July 2010 and helped build a GBP280m property portfolio. He served as Chief Executive Officer until June 2022. ... Stanley Davis - Non-Executive Director Stanley Davis is a successful entrepreneur who has been involved in the City of London since 1977. He founded a company registration agent, Stanley Davis Company Services Limited, which he sold in 1988. In 1990 he became Chief Executive of a small share registration company which became known as IRG plc. It acquired several businesses including Barclays Bank Registrars and was sold in April 2000 for a substantial sum to the Capita Group plc. He was Chairman of Stanley Davis Group Limited specialising in company formations, property & company searches. It was sold in June 2020 to Dye & Durham listed on the Toronto Stock Exchange. He co-founded Palace Capital plc with Neil Sinclair in July 2010 and helped build a GBP280m property portfolio. He served as Chairman until December 2021. ..." This further shows the intrinsic undervaluation of a main-listed shell trading at sub-cash, like ARA. |
Posted at 11/1/2024 14:23 by hedgehog 100 The shell BWN suspended for a RTO just before Christmas, with the RTO being priced at a significant premium to BWN's s.p., and at multiples of BWN's IPO float price and cash:-22/12/2023 07:41 UK Regulatory (RNS & others) Bowen Fintech PLC Proposed Acquisition and Suspension of Trading LSE:BWN Bowen Fintech Plc "Proposed Acquisition and Temporary Suspension of Trading in the Company's Ordinary Shares Bowen (LSE: BWN), a special purpose acquisition company formed to acquire businesses in the technology innovations sector with a focus on the financial services industry, is pleased to announce that it has signed conditional, non-legally binding heads of terms to acquire 93.49 per cent of the issued share capital of MINNADEOOYASAN-HANBA About MOH MOH is a leading crowdfunding services platform in Japan and solution provider for investors seeking returns from investment into real estate. ... MOH is profitable, reporting EBITDA of JPY 519 million (c. GBP3.2 million) on revenues of JPY 5.6 billion (c. GBP34.3 million) in the year to 31 March 2023. In the six-month period to 30 September 2023, MOH management accounts reported (unaudited) EBITDA of JPY 2.1 billion (c. GBP11.6 million) on revenues of JPY 4.9 billion (c. GBP27.8 million). Unaudited net assets as at 30 September 2023 were JPY 4.8 billion (c. GBP26.4 million). The directors of MOH are of the opinion that a listing by way of a reverse takeover of Bowen by MOH (the "Enlarged Group") will enhance its brand and profile in Japan and internationally, enable access to additional real estate portfolios internationally, thus diversifying risk, and access to fresh equity capital in the future to accelerate its growth strategy, particularly in the area of technology-related real estate. The listing will also support MOH in attracting and retaining senior professionals both locally in Japan and internationally. Following the Acquisition, it is the intention of the Enlarged Group to grow its presence in the UK. The Acquisition The Company has entered into conditional, non-legally binding heads of terms with MOH and KBC to acquire 93.49 per cent of the issued share capital of MOH from KBC for a consideration of approximately GBP34.47 million to be satisfied through the issue of new ordinary shares of 1p each in the Company ("Ordinary Shares"), at a price of 15p per new Ordinary Share (the "Offer Price"). The Offer Price represents a premium of 25 per cent to the closing middle market price of 12 p per Ordinary Share on 21 December 2023, being the closing middle market price the day prior to the release of this announcement. ... It is currently anticipated by the directors of Bowen that on re-admission the market capitalisation of the Enlarged Group would be approximately GBP42.72 million, based on the Offer Price, with KBC holding approximately 80.7 per cent of the issued share capital of the Enlarged Group and existing Bowen shareholders holding approximately 19.3 per cent of the issued share capital of the Enlarged Group. Subject to review of the Enlarged Group's working capital, it is not intended that new capital will be raised as part of the Acquisition and re-admission. ..." BWN floated on 31.10.22 at 4p per share, and a market cap. of £2.2M.:- 31/10/2022 07:00 UK Regulatory (RNS & others) Bowen Fintech PLC Admission to Trading and First Day of Dealings LSE:BWN Bowen Fintech Plc " ... The Company has successfully raised gross proceeds of GBP2 million (before expenses) through a placing of new Ordinary Shares at a placing price of 4 pence per share. Following Admission, the Company will have 55,000,000 Ordinary Shares in issue. ..." So its planned RTO is being priced at 3.75 times its IPO price: which for ARA would equate to a planned RTO at 37.5p/share. Bowen Fintech (BWN):- |
Posted at 07/1/2024 12:50 by hedgehog 100 "What’s Next for Renewable Energy? Trend Predictions for 2024As we head into 2024, the renewable energy sector is positioned at a critical and exciting juncture, characterized by emerging trends in renewable energy that bring both challenges and opportunities for innovation. Facing global issues such as climate change and dwindling natural resources, this sector emerges as a beacon of hope, offering viable solutions and showcasing a plethora of technological advancements and burgeoning investment opportunities. This blog post delves into the anticipated trends and transformative developments poised to shape the renewable energy landscape in 2024, reflecting a dynamic field that is rapidly evolving in response to the world’s pressing environmental and energy needs. Sustainable Energy Technological Innovations 1. Green Hydrogen’s Emergence In 2024, green hydrogen, produced from renewable sources, is expected to become increasingly vital as an energy carrier. We anticipate major advancements in electrolyzer technology, which will significantly improve the efficiency and reduce the cost of green hydrogen production. These developments are pivotal, as they will expand green hydrogen’s viability across various sectors, including industrial processes and transportation. This evolution marks an important step in diversifying renewable energy applications and highlights the potential of green hydrogen in the broader transition to sustainable energy systems. 2. Solar and Wind Energy Advancements Solar and wind energy are poised for transformative enhancements. Bifacial solar panels that capture sunlight on both sides, and large-scale offshore wind turbines with gigawatt capacities, are just the tip of the iceberg. These advancements will allow for a more efficient capture of renewable resources, making solar and wind energy more viable and competitive with traditional energy sources. The growth of solar PV capacity is a notable trend, forecasted to surpass a terawatt of global solar power generation, accounting for a significant portion of renewable growth 3. Breakthroughs in Energy Storage The growth of renewable energy in 2024 will be closely tied to advancements in energy storage technologies. We’re likely to see the emergence of innovative storage solutions like solid-state batteries, which offer higher energy densities and longer lifespans compared to traditional lithium-ion batteries. Additionally, the development of gravity-based storage systems is expected to gain traction. These systems provide sustainable, long-term storage options, which are essential for managing the intermittent nature of renewable energy sources. Such advancements are crucial in ensuring a stable and reliable supply of renewable energy. Sustainable Energy Policy Dynamics 1. Enhanced Government Support Governments are expected to play a pivotal role in accelerating the transition to renewable energy. In 2024, we may see an increase in subsidies, tax incentives, and regulatory frameworks that are more favorable to renewable energy projects. These policies will be essential in encouraging the adoption of renewable technologies and attracting investments. China continues to lead in renewable energy, aiming to exceed its target of generating 33% of its electricity consumption from renewable sources by 2025, with significant developments in wind energy 2. Grid Integration Initiatives In 2024, the integration of renewable energy into existing power grids will be a key area of focus. Efforts will center on upgrading grid infrastructure to manage the variability of renewable sources effectively. This will include the implementation of advanced technologies like smart grids and distributed energy systems, which can enhance energy distribution and reliability. These initiatives are essential to ensure a stable and efficient energy system capable of handling an increased share of renewable energy, thereby facilitating a smoother transition towards a more sustainable energy future. Renewable Energy Investment Trends 1. Corporate Investment Surge Corporate investment in renewable energy is expected to rise significantly in 2024. More leading companies in key business sectors like food and beverage, textile, pharma, automotive, logistic are committing to renewable energy targets and investing in green energy projects as part of their sustainability strategies. This trend is driven by the growing recognition of the long-term benefits of renewable energy investments, both in terms of financial returns and corporate responsibility. The rising costs of materials, influenced by global market dynamics, could pose challenges for new renewable projects. However, the increase in the cost of fossil fuels and the need for energy security have kept renewable energy competitive in the market 2. Expansion of Green Bonds and ESG Investments The market for green bonds and Environmental, Social, and Governance (ESG) investments is anticipated to experience significant growth in 2024. This trend is indicative of a broader shift in the investment community towards sustainability and social responsibility. Investors are increasingly seeking opportunities that not only provide financial returns but also contribute positively to environmental and societal goals. This growing interest is likely to lead to more innovative financial products in the green bond and ESG sectors, offering diverse opportunities for investors to engage with and support sustainable initiatives worldwide. Emerging Energy Market Dynamics 1. Developing Countries Leaping Forward Developing countries are expected to rapidly adopt renewable energy, bypassing traditional fossil fuel infrastructures. This trend is driven by the declining costs and increasing accessibility of renewable technologies, along with growing international support for sustainable development initiatives. The adoption of renewables in these regions could significantly alter the global energy landscape, offering new opportunities for growth and innovation. Countries globally are seeking to invest in cost-effective renewable energy to address climate change, with a particular focus on reducing reliance on imported energy, especially in European countries and the US. 2. Decentralized Renewable Energy Systems In 2024, decentralized renewable energy systems are poised to become more prevalent, especially in remote and rural areas. These systems offer a sustainable and reliable alternative to traditional grid-based energy, enhancing local resilience and reducing reliance on large infrastructure. Additionally, the demand for biofuels is expected to continue its upward trajectory, driven largely by the transportation sector. This growth is bolstered by supportive government policies in key global economies like the US, Brazil, Europe, India, and Indonesia, reflecting a broader commitment to diversifying energy sources and promoting sustainable fuel alternatives. Consumer Trends and Awareness 1. Growing Consumer Demand In 2024, the rise in consumer awareness and demand for renewable energy will likely be more pronounced. Driven by heightened awareness of climate change impacts and a surge in sustainable living practices. This shift is leading to more informed purchasing decisions, where eco-friendly and renewable energy options are preferred. Social media and influencer campaigns are further amplifying this trend, spreading awareness and encouraging sustainable lifestyle choices. Consequently, consumer preferences will increasingly influence market dynamics, prompting companies to adopt greener practices and technologies, and urging governments to implement more supportive policies for renewable energy. 2. Role of Digital Platforms With the advent of smart home technologies and IoT devices, consumers will have greater control over their energy consumption. Apps and platforms that provide real-time data on energy usage, offer renewable energy alternatives, and even integrate gamification elements to encourage energy-saving behaviors are anticipated to become more popular. These digital tools not only empower consumers to make more informed choices but also enable utility companies to interact directly with customers, fostering a more engaged and energy-conscious community. These platforms will likely evolve to include AI-driven recommendations for optimizing energy use, further promoting efficiency and sustainability. Environmental Impact 1. Biodiversity and Ecosystem Considerations The focus on the biodiversity and ecosystems is expected to intensify in 2024. This increased attention will likely lead to the implementation of more comprehensive environmental impact assessments and the adoption of best practices to minimize ecological disruption. Strategies may include the careful siting of renewable energy installations to avoid sensitive areas, the use of technology to mitigate impacts, and the integration of biodiversity conservation plans into project development. These efforts aim to balance the expansion of renewable energy with the preservation of natural habitats and biodiversity, ensuring sustainable and responsible energy development. 2. Carbon Footprint Reduction The role of renewable energy in reducing the global carbon footprint is set to become increasingly significant in 2024. As nations strive to combat climate change, the adoption of renewable energy sources will be a critical factor in policy and investment decisions. The urgency is amplified by the volatility in the global energy market, influenced by economic challenges and energy supply crises. This context highlights the crucial role of renewable energy not only in reducing greenhouse gas emissions but also in providing a more stable and sustainable energy supply, aligning economic and environmental goals in the face of global challenges. Conclusion As we approach 2024, a landmark year for the renewable energy sector, we are witnessing emerging trends in the energy sector that are pivotal in shaping a more sustainable, energy-efficient, and environmentally conscious future. This pivotal moment marks a crucial shift towards embracing renewable energy as a core component of global energy strategies. It reflects a collective realization of the urgent need to address climate change and resource sustainability, encouraging innovative solutions and fostering a deeper commitment to preserving our planet for future generations. BECIS is a sustainable energy solutions provider, partnering with experienced providers of Energy as a Service (EaaS) solutions. We offer a range of services, including solar energy, bioenergy, cooling, waste heat recovery, and energy analytics. Our tailored solutions help companies achieve their renewable energy goals, contributing to a cleaner and resilient energy system. Contact us today to learn more about our services." |
Posted at 25/11/2023 20:29 by hedgehog 100 And as regards the potential impact of a good RTO deal.On 14.11.23, ZEG closed up a whomping 364%, rising 110.6p to 141p, after returning from a near two month suspension. ZEG's market cap. at its suspension price of 30.4p was £1.89M., which like ARA was less than its cash per share. 09/11/2023 11:34 UK Regulatory (RNS & others) Zegona Communications PLC Proposed Placing LSE:ZEG Zegona Communications Plc "Further to the announcements of 31 October 2023 in connection with the Company's acquisition of Vodafone Spain for EUR5.0bn, Zegona announces a proposed placing to raise gross proceeds of approximately EUR300 million (GBP261 million) (the " Placing " ). The Placing will comprise the issue of New Zegona Shares to institutional investors at the Offer Price of 150 pence per share by way of a non-pre-emptive placing. It will be conducted through an accelerated bookbuilding process which will be launched immediately following this announcement. ... The Offer Price represents a 380 per cent. premium to the closing mid-market price of a Zegona Share on 22 September 2023, the date when Zegona requested that trading in its shares was suspended by the London Stock Exchange following press speculation in relation to the Acquisition. ..." Zegona Communications (ZEG):- From the 19.4.23 video interview with ARA's Chairman John Croft:- "... we're very hopeful, put it like that, that we can do a transaction in this year. The sectors that we're particularly interested in are in energy storage generally, but particularly in battery technologies. ... there's a huge opportunity there ... I'm very hopeful we'll do something this year. ... with the minimum capitalisation having been moved up to thirty million pounds, it means actually that that valuation of the SPAC in the context of an overall transaction is relatively small. So we're starting to see valuations for SPACS in transactions heading up, and recently there have been some in London where the SPAC has been valued at multiple times of its cash balance, and multiple times the value of its original market cap. at the time it came to the market. So we see that as being very encouraging, and a positive sign for our shareholders going forward. ..." |
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