Codex Acquisitions Share Discussion Threads

[hedgehog 100] 18/7/2023 15:12

Current share price 18th. July 2023: 7p (currently suspended)
8,500,000 shares in issue
Market capitalisation: £595,000.


"About

Codex Acquisitions plc ("Codex Acquisitions" or the "Company") is a special purpose acquisition company, with its ordinary shares admitted to listing on the standard segment of the Official List of the Financial Conduct Authority and to trading on the main market for listed securities of London Stock Exchange plc.

Codex Acquisitions is actively seeking to partner with sector-leading companies in the renewable energy sector, and believes that renewable energy is an asset class where it is possible to achieve attractive long-term investment yield whilst making a major contribution to lower global carbon emissions.

Codex Acquisitions is seeking to deliver not only financial performance, but a positive contribution to society, benefitting all stakeholders and fostering long-term sustainable growth. Environmental Social and Governance (ESG) considerations are important factors that will guide the Company when selecting possible investment opportunities.

The Company is supported by its financial adviser, Codex Capital Partners Limited ("Codex Capital"). Codex Capital is an experienced corporate finance and private equity company based in London. Codex Capital originates, evaluates, executes and monitors direct investments on behalf of its Investment Partners and clients. Codex Capital is authorised and regulated by the Financial Conduct Authority."




09/03/2022 08:01 UK Regulatory (RNS & others) Codex Acquisitions PLC Admission and First Day of Dealings LSE:CODX Codex Acquisitions Plc

"Admission to a Standard Listing

and to trading on the Main Market of the London Stock Exchange

First day of dealings

Director/PDMR shareholding

Codex Acquisitions plc (LSE: CODX) announces that 8,500,000 Ordinary Shares have today been admitted to a Standard Listing and to trading on the Main Market of the London Stock Exchange.

Prior to Admission, the Company had 500,000 Existing Ordinary Shares in issue and conditional on Admission issued 8,000,000 Subscription Shares.

Capitalised terms used in this announcement are as defined in the prospectus published by the Company on 4 March 2022, unless the context otherwise requires. A copy of the prospectus is available at the Company's website, hxxps://www.codexplc.com .

The total number of Ordinary Shares in issue on Admission will be 8,500,000 and this number may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure Guidance and Transparency Rules. ..."




03/10/2022 07:00 UK Regulatory (RNS & others) Codex Acquisitions PLC Half-year Report LSE:CODX Codex Acquisitions Plc

" ... CHAIRMAN'S STATEMENT

I am pleased to announce the Company's interim results for the period from the date of incorporation on 11 October 2021 to 30 June 2022.

Financial review

The Company incurred a loss of GBP206,000 in the period. The majority of this comprises the expenditure relating to the admission of the Company's entire share capital to listing on the standard segment of the Official List of the Financial Conduct Authority (a "Standard Listing") and to trading on the main market for listed securities of London Stock Exchange plc ("Main Market") on 9 March 2022.

The Company had a cash position of GBP654,000 as at 30 June 2022. The Company had a basic loss per share of 2p.

Outlook

The Company's near-term goal remains focused on evaluating opportunities to acquire and to ultimately undertake one or more acquisitions in the clean and renewable energy sector.

On behalf of the board of directors of the Company (the "Board" or "Directors"), I would like to take this opportunity to thank our staff and advisers for their hard work as well as our shareholders for their continued support.

We look forward to updating shareholders on our progress in due course.

James Lawson-Brown

Chairman ..."




27/04/2023 17:04 UK Regulatory (RNS & others) Codex Acquisitions PLC Final Results LSE:CODX Codex Acquisitions Plc

" ... Funding

The Company has raised GBP850,000 from investors since its formation on 11 October 2021 through to 31 March 2022. The Company believes that this funding will be sufficient to meet its working capital requirements for the next 12 months on a standalone basis.

Revenue

The Company has generated no revenue during the period. However, the Company is focusing on acquisition targets that will ultimately generate revenue for the Company.

Expenditure

During the period, the Company concentrated on fund raising to support its expenditure on its primary objective of evaluating suitable acquisition targets in the renewable energy sector. A number of targets were considered in this process.

As at the date of this document, the Company has GBP626,961 in cash. ...

As at the year-ended 31 December 2022

At the year-end the Company's Statement of Financial Position shows net assets totaling GBP582,562 (31 December 2021 - GBP19,685). The Company has few liabilities and is considered to have a sufficiently strong cash position at the reporting date. ...

From 11 October 2021 to 31 March 2022 the Company issued 8,500,000 ordinary shares of GBP0.10 each at a subscription price of GBP0.10 per subscription share. ..."