ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

CODX Codex Acquisitions Plc

5.50
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Codex Acquisitions Plc LSE:CODX London Ordinary Share GB00BNVRHQ51 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 5.50 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
Investors, Nec -51k -0.0060 -9.17 467.5k
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 5.50 GBX

Codex Acquisitions (CODX) Latest News

Codex Acquisitions (CODX) Discussions and Chat

Codex Acquisitions Forums and Chat

Date Time Title Posts
30/10/202415:55Codex Acquisitions: Clean-Renewable Energy Shell31

Add a New Thread

Codex Acquisitions (CODX) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Codex Acquisitions (CODX) Top Chat Posts

Top Posts
Posted at 11/12/2024 08:20 by Codex Acquisitions Daily Update
Codex Acquisitions Plc is listed in the Investors, Nec sector of the London Stock Exchange with ticker CODX. The last closing price for Codex Acquisitions was 5.50p.
Codex Acquisitions currently has 8,500,000 shares in issue. The market capitalisation of Codex Acquisitions is £467,500.
Codex Acquisitions has a price to earnings ratio (PE ratio) of -9.17.
This morning CODX shares opened at -
Posted at 18/9/2024 14:43 by hedgehog 100
16/09/2024 11:44 RNS Regulatory News Codex Acquisitions PLC Half-year Report LSE:CODX Codex Acquisitions Plc

"Unaudited Half-Year Results for the Six Months Ended 30 June 2024 ...

CHAIRMAN'S STATEMENT

I am pleased to announce the Company's interim results for the period ended 30 June 2024.

Financial review

The Company incurred a loss of £84,000 in the period (£29,000 for period ended 30 June 2023). The majority of this comprises of expenditure relating to maintaining the Company's listing on the standard segment of the Official List of the Financial Conduct Authority, which transitioned to the Equity Shares (Transition) category on 29 July 2024, and to trading on the main market for listed securities of London Stock Exchange plc.

The Company had a cash position of £440,000 as at 30 June 2024 (£604,000 at 30 June 2023). The Company had a basic loss per share of 0.986 pence.

Outlook

Codex is now focusing on completing the Proposed Acquisition with TNE, which is expected to ultimately lead to a reverse takeover to complete our mission as an investment company and the start of TNE's future as a listed company.

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 ..."
Posted at 18/7/2024 12:36 by hedgehog 100
17/07/2024 09:06 RNS Regulatory News Codex Acquisitions PLC Notice of AGM LSE:CODX Codex Acquisitions Plc

"Notice of Annual General Meeting

The board of directors of Codex Acquisitions announces that the Annual General Meeting ("AGM") of the Company will be held on 14 August 2024 at 9.00 a.m. as a virtual meeting.

A notice of AGM, together with the form of proxy, shall be sent to the shareholders of the Company ("Shareholders") today. The notice of AGM will also be shortly available for inspection on the Codex Acquisitions website,

All voting on the resolutions at the AGM will be conducted on a poll, which means that Shareholders should submit their forms of proxy as soon as possible. To be valid, the enclosed form of proxy must be lodged with the Company's registrar LINK Group, PXS1, Central Square, 29 Wellington Street, Leeds LS1 4DL, United Kingdom, as soon as possible, and, in any event, so as to arrive by no later than 9.00 a.m. on 12 August 2024.

Full details of the operation and arrangements for the AGM are set out in the notice of AGM.

Enquiries:

Codex Acquisitions plc

Julio Perez

+44 (0)20 8682 0582"
Posted at 01/7/2024 14:20 by hedgehog 100
01/07/2024 07:00 RNS Regulatory News Codex Acquisitions PLC Final Results LSE:CODX Codex Acquisitions Plc

" ... Annual Report and Financial Statements

Chairman's Statement

Dear Shareholder,

I am pleased to present the financial statements for the year ended 31 December 2023.

We formed Codex Acquisitions plc ("Codex" or the "Company") to undertake an acquisition of a controlling interest in a company or business within the renewable energy sector (an "Acquisition"). In pursuance of that strategy the Company announced in December 2023, that it entered into non-binding heads of terms ("HOTs") to acquire the entire issued share capital of Technologies New Energy S.A. ("TNE"), a company incorporated in Portugal operating in the renewable energy sector.

This Proposed Acquisition is expected to constitute a reverse takeover transaction and any consideration for the Acquisition to be wholly share-based via the issuance of new ordinary shares of nominal value 10 pence each in the capital of the Company ("Ordinary Shares") (the "Proposed Acquisition").

I look forward to reporting our progress to you over the next period.

Financial

Funding

As at 25 June 2024, the Company has £439,873 in cash. The Company believes that this funding will be sufficient to meet its working capital requirements for the next 12 months should the Proposed Acquisition not be completed by July 2025. In the event the proposed acquisition proceeds to completion, the Company will need to raise further sufficient financing as is required to fund forecasted growth and working capital for TNE.

Revenue

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

Expenditure

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

Dividend

The statutory directors of the Company (the "Directors") do not intend to declare a dividend in respect of the period under review.

Outlook

Codex is now focusing on completing the Proposed Acquisition with TNE, which is expected to ultimately lead to a reverse takeover to complete our mission as an investment company and the start of TNE's future as a listed company.

James Lawson-Brown
Chairman; Non-Executive Director
28 June 2024 ..."
Posted at 12/6/2024 12:25 by hedgehog 100
10/06/2024 15:46 RNS Regulatory News Codex Acquisitions PLC Acquisition Update LSE:CODX Codex Acquisitions Plc

"Extension of Long Stop Date and Exclusivity Period for Proposed Acquisition

Codex Acquisitions plc (LSE: CODX) (the "Company" and "Codex") is pleased to announced that it has entered into an amendment letter, dated 7 June 2024 (the "Extension Side Letter") to the heads of terms, dated 8 December 2023 (the "HOTs") with Technologies New Energy S.A. ("TNE"), a sociedade anĂ³nima incorporated in Portugal operating in the renewable energy sector, pursuant to which the Long Stop Date and Exclusivity Period (as specified in the HOTs) have been extended by mutual agreement of the parties to 30 September 2024 to provide for additional time for Codex to complete its proposed acquisition of the entire issued share capital of TNE (the "Proposed Acquisition"). The Extension Side Letter does not alter any other provisions specified in the HOTs.

Background to the Proposed Acquisition

The Company was established as a 'special purpose acquisition company' with the objective of undertaking one or more acquisitions in the clean and renewable energy sector, as outlined in its prospectus published on 4 March 2022, a copy of which can be found on the Company's website at the following link:

The Proposed Acquisition is in line with the Company's acquisition strategy.

There can be no guarantee that the Proposed Acquisition will complete nor as to the final terms of the Proposed Acquisition.

About TNE

TNE is a global provider and project developer of integrated state-of-the-art energy efficiency, energy transition and decarbonisation solutions.

TNE owns a diversified and differentiated portfolio of renewable projects in Portugal based on the energy flexibilisation, Power-to-X and Biomass-to-Liquids technologies architecture that will enable novel applications to a clean transition for the hard-to-abate sectors such as chemical industries, mobility applications and urban built environments. TNE mission is to significantly accelerate developments to drive decarbonisation efforts at scale and get a lasting and unparalleled impact on our planet.

Further details about TNE can be found on its website at the following link:

Julio Perez, Non-Executive Director of the Company, commented:

"We are grateful to our partners at TNE for agreeing to extend the Long Stop Date and Exclusivity Period. This extension is crucial as it provides the necessary additional time required to progress the Proposed Acquisition.

We remain committed to concluding this transaction to the satisfaction of all parties involved and look forward to the continued collaboration with TNE."

Ricardo Eiras, CTO of TNE, commented:

"We would like to thank Codex for agreeing to an extension of the Long Stop Date and Exclusivity Period. TNE remain dedicated to completing this pivotal transaction with Codex and appreciate their continued co-operation and support throughout this process."

The Company will make further announcements in due course, as appropriate.

Enquiries:

For further information, please visit www.codexplc.com or contact:

Codex Acquisitions plc
Julio Perez
Non-Executive Director
T: +44 (0)20 8682 0582
Email: info@codexplc.com"
Posted at 20/12/2023 11:23 by hedgehog 100
20/12/2023 08:18 UK Regulatory (RNS & others) Codex Acquisitions PLC Acquisition LSE:CODX Codex Acquisitions Plc

"Proposed Acquisition and Suspension of Listing

Codex Acquisitions plc (LSE: CODX) (the "Company") is pleased to announced that, on 19 December 2023, it entered into non-binding heads of terms ("HOTs") to acquire the entire issued share capital of TNE - Technologies New Energy S.A. ("TNE"), a sociedade anĂ³nima incorporated in Portugal operating in the renewable energy sector, in consideration for an issue of new ordinary shares of nominal value 10 pence each in the capital of the Company ("Ordinary Shares") (the "Proposed Acquisition").

Background to the Proposed Acquisition

The Company was established as a 'special purpose acquisition company' with the objective of undertaking one or more acquisitions in the clean and renewable energy sector, as outlined in its prospectus published on 4 March 2022, a copy of which can be found on the Company's website at the following link: hxxps://www.codexplc.com.

About TNE

TNE is a global provider and project developer of integrated state-of-the-art energy efficiency, energy transition and decarbonisation solutions.

TNE owns a diversified and differentiated portfolio of renewable projects in Portugal based on the energy flexibilisation, Power-to-X and Biomass-to-Liquids technologies architecture that will enable novel applications to a clean transition for the hard-to-abate sectors such as chemical industries, mobility applications and urban built environments. TNE mission is to significantly accelerate developments to drive decarbonisation efforts at scale and get a lasting and unparalleled impact on our planet.

Further details about TNE can be found on its website at the following link: hxxps://tne.pt/.

The Proposed Acquisition is in line with the Company's acquisition strategy.

Details of HOTs

The HOTs place an initial valuation on TNE of within the range of GBP28-33 million, subject to adjustments and a floor valuation of no less than GBP28 million.

The HOTs are non-binding save principally for provisions relating to exclusivity and confidentiality.

Under the HOTs, it is the current intention of the parties that the consideration for the Proposed Acquisition shall be satisfied by the issue of new Ordinary Shares.

The HOTs include a long stop date for the entering into legally binding definitive share purchase agreement ("SPA") of 29 March 2024 (which may be varied by mutual agreement of the parties in writing).

Should the Proposed Acquisition complete, the Company expects to either apply for the re-admission of its share capital as enlarged by the Proposed Acquisition to listing on the standard segment of the Official List maintained by the Financial Conduct Authority ("FCA") ("Standard Listing") and to trading on the main market for listed securities of London Stock Exchange plc (the "LSE") ("Main Market") or, alternatively, to cancel the existing Standard Listing and admission to trading on the Main Market of its Ordinary Shares, and to seek admission of its share capital as enlarged by the Proposed Acquisition to trading on AIM, the market of that name operated by the LSE.

Completion of the Proposed Acquisition is subject to various conditions, including the completion of appropriate legal, financial and other due diligence, entry into an SPA, and the publication of a prospectus by the Company prepared in accordance with the Prospectus Regulation Rules made under section 73A of the Financial Services and Markets Act 2000 (as amended) ("FSMA") and approved by the FCA under section 87A of FSMA or an admission document for the purposes of the AIM Rules for Companies (as applicable).

The Proposed Acquisition, if completed, is expected to be accompanied by a placing of new Ordinary Shares by the Company to raise equity capital to fund the working capital requirements of the enlarged group, details of which will be announced in due course.

The Proposed Acquisition, if completed, is expected to result in the shareholders of TNE having a majority interest in the enlarged group.

It is currently expected that should the Proposed Acquisition proceed, an associated prospectus or admission document (as applicable) will be published, and the Proposed Acquisition will complete, in 2024.

The Company has engaged certain advisers, and will engage other professionals, to rapidly progress the requisite due diligence and the preparation of transaction documentation including the SPA and the prospectus or admission document (as applicable).

Suspension of listing

The Proposed Acquisition, if completed, would constitute a reverse takeover under the Listing Rules of the FCA.

As the Company is currently unable to provide full disclosure under Listing Rule 5.6.15, it has requested from the FCA, and been granted, a suspension of the Standard Listing in its Ordinary Shares with from 7.30 a.m. (London time) on 20 December 2023 pending either the issue of an announcement providing further details on the Proposed Acquisition, the publication of a prospectus or admission document (as applicable), or an announcement that the Proposed Acquisition is not proceeding. Any restoration of the Standard Listing of the Ordinary Shares is subject to the approval of the FCA.

At this stage, there can be no guarantee that the Proposed Acquisition will complete nor as to the final terms of the Proposed Acquisition.

If the Proposed Acquisition does not complete for any reason, it is expected that the suspension of the Standard Listing of the Ordinary Shares will be lifted subject to FCA approval and trading in Ordinary Shares on the Main Market will recommence.

The Company will make further announcements in due course, as appropriate.

Julio Perez, Non-Executive Director of the Company, commented:

"This is a very solid opportunity to bring an asset backed, energy transition business with a scalable and deliverable growth plan to the public markets. The TNE business aligns perfectly with Codex's ambition to help companies shift from fossil fuels to renewable energy sources in an effort to reduce CO2 emissions.

We look forward to closing the transactional elements and then supporting TNE with its plans to develop their advanced portfolio of renewable energy projects."

Ricardo Eiras, CTO of TNE, commented:

"After more than 5 years of dedication and perseverance, TNE is now a well-recognised company that delivers solutions to accelerate a needed energy transition and industrial decarbonisation. With the accomplishment from our teams in serving top tier companies from heavy industrial sectors we are now in a watershed moment to open the door for our plans to transform key sectors in a way that will have a profound environmental impact.

We expect to utilise our standardised, scalable and cost-effective approach to larger future developments to successfully enable a low carbon economy and advance our project development program. We will replicate our success with cost-efficient net-zero emissions plants nationally and ultimately around the globe.

The proposed transaction with Codex reflects our shared vision to bring to market new renewable energy infrastructure to address industrial decarbonisation and growing energy transition strategies."

For the purposes of UK MAR, the person responsible for arranging release of this announcement on behalf of the Company is Julio Perez, Non-Executive Director.

Enquiries:

For further information, please visit www.codexplc.com or contact:

Codex Acquisitions plc

Julio Perez

Non-Executive Director

T: +44 (0)20 8682 0582

Email: info@codexplc.com"
Posted at 30/9/2023 12:37 by hedgehog 100
29/09/2023 09:05 UK Regulatory (RNS & others) Codex Acquisitions PLC Half-year Report LSE:CODX Codex Acquisitions Plc

"Unaudited Half-Year Results for the Six Months Ended 30 June 2023

... Financial review

The Company incurred a loss of GBP29,000 in the period (GBP206,000 for the period 11 October 2021 to 30 June 2022). The majority of this comprises the expenditure relating to maintaining the Company's 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").

The Company had a cash position of GBP604,000 as at 30 June 2023 (GBP654,000 at 30 June 2022). The Company had a basic loss per share of 0.003p.

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. ..."
Posted at 13/8/2023 13:22 by hedgehog 100
"Nice shell, shame about the spread" -

CODX mid price 7p; 5p bid - 9p offer.




Most shells are illiquid: but you can buy them with the intention of holding through suspension for the RTO.

After that, a £1M. market cap. can be transformed overnight into a £100M. market cap., and liquidity can follow suit.

CODX's current spread though is taking it to extremes.


ARA is a similar but even better shell, trading at a significant discount to its cash, and at a much tighter spread:-

"Aura Renewable Acquisitions: Small Shell, Big Ambitions"


ARA: 6.5p (6p - 7p), market cap. £682,500.; cash 31.12.22 £809K., with extremely low cash burn.

News of an ARA RTO at a large premium could well be imminent.

In addition, ARA's chart is breaking out upwards, and its technicals are supremely attractive.
Posted at 09/8/2023 08:16 by tomboyb
gonuts19 Aug '23 - 09:09 - 12 of 16
0 0 0
A scam purporting to be listed on Main Market for the purpose of scamming investors, when it's really a scam.

Act like an Aim Share.

Shut up, loon, sounds like you are a scammer. Two small trades here, you and your comrade trading small chunks trying to suck people in

Which one? -
Posted at 09/8/2023 08:09 by gonuts1
A scam purporting to be listed on Main Market for the purpose of scamming investors, when it's really a scam.

Act like an Aim Share.

Shut up, loon, sounds like you are a scammer. Two small trades here, you and your comrade trading small chunks trying to suck people in
Posted at 18/7/2023 14:12 by hedgehog 100
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. ..."
Codex Acquisitions share price data is direct from the London Stock Exchange

Codex Acquisitions Frequently Asked Questions (FAQ)

What is the current Codex Acquisitions share price?
The current share price of Codex Acquisitions is 5.5p.
How many Codex Acquisitions shares are in issue?
Codex Acquisitions has 8,500,000 shares in issue.
What is the market cap of Codex Acquisitions?
The market capitalisation of Codex Acquisitions is GBP 467,500.00 .
What is the 1 year trading range for Codex Acquisitions share price?
Codex Acquisitions has traded in the range of 5.50p to 5.50p during the past year.
What is the PE ratio of Codex Acquisitions?
The price to earnings ratio of Codex Acquisitions is -9.17.
What is the reporting currency for Codex Acquisitions?
Codex Acquisitions reports financial results in GBP.
What is the latest annual profit for Codex Acquisitions?
The latest annual profit of Codex Acquisitions is GBP -51k.
What is the registered address of Codex Acquisitions?
The registered address for Codex Acquisitions is 9TH FLOOR, 107 CHEAPSIDE, LONDON, EC2V 6DN.
What is the Codex Acquisitions website address?
The website address for Codex Acquisitions is www.codexplc.com.
Which industry sector does Codex Acquisitions operate in?
Codex Acquisitions operates in the INVESTORS, NEC sector.

Your Recent History

Delayed Upgrade Clock