Eqtec Share Discussion Threads

[volsung] 16/2/2021 14:03

Still the top performer in my SIPP
I would be looking to add around 1.6p

[juju44] 16/2/2021 13:35

Not recently

[arab3] 16/2/2021 12:56

Have you bought any JuJu ?

[juju44] 16/2/2021 12:44

Not a buyer in sight

[stuayres] 16/2/2021 07:55

It's just odd the way he even bothers. But nice observation, that certainly happened last time he pitched in. Reverse psychology perhaps??

[jakecat1] 16/2/2021 07:48

Whenever Kenneth pitches up and tries to talk the price down with his well worn... and somewhat boring phrase... lemmings and mushrooms only... you know that things will pick up significantly shorter afterwards.

[stuayres] 15/2/2021 16:09

Given that there don't seem to be any short positions open on this stock it's really weird that you pop in here now and again to hate it. What difference to you if it goes up or down?

[davidblack] 15/2/2021 15:41

Oh you mean signing the transformative contract on Billingham.

[ken chung] 15/2/2021 15:25

Good down again.

[pal44] 15/2/2021 14:29

I don't think investors will hang around to see the share price get battered whilst things get sorted out ..

[davidblack] 13/2/2021 18:11

DP linked in comments on the rationale of partnerships:


“The portfolio approach that we are taking with strong partners like @dev_logik is vital. It means we will continue to drive scale and value for all stakeholders, taking waste and converting it into clean energy to support the UK's #energytransition #wastetovalue”

[juju44] 13/2/2021 10:09

Thats the point its not unusual for legal stuff to drag on for months and dont forget the appeal after judgement . Meanwhile the slick lawyers keep filling their wallets

[meganxmas] 13/2/2021 09:51

So basically judge still considering motion to dismiss as filed already and therefore pushed back scheduling hearing to end march instead of end feb ... totally normal as judges often take longer than envusaged to work through caseload. Nothing unusual or that changes anything positive or negative here.

[nick of the north] 13/2/2021 09:07

What Juju said... hTTps://www.pacermonitor.com/public/case/35245519/Aries_Gasification,_LLC_v_North_Fork_Community_Power,_LLC_et_al

[juju44] 13/2/2021 08:44

Court case delayed again just as I expected

[juju44] 12/2/2021 12:54

Looks like a late reported 10 mill. sale

[bartyb] 11/2/2021 13:44

Must be a large sell in the offing as the rise has halted despite continued buys showing

[crosschris] 11/2/2021 13:24

Fund1, I agree with you regarding AEG, I bought in a while ago but sold on the the spike. I thought it was too early in the story for such a rise, but have it very much on my radar. Should do extremely well in the medium term and expect to reinvest in the next few months. DYOR as usual.

[skinny] 11/2/2021 12:36

.




All Employee Long-term Incentive Plan and Allocation of Incentive Shares

EQTEC plc (AIM: EQT), a world leading gasification technology solutions company for sustainable waste-to-energy projects, announces the adoption of the EQTEC All Employee Long-term Incentive Plan (the "LTIP"), effective as of 11 February 2021.

The LTIP is a core part of the Company's new approach to business planning, performance management and employee incentives and is designed to drive individual and team performance in line with Company performance, thereby creating value for shareholders while minimising cash outlay. All Company Executive Directors and employees are eligible to participate in the LTIP.

Any awards made under the LTIP will comprise zero-cost share allocations ("Incentive Shares"). 60% will vest providing the relevant individual is employed by the Company as of the vesting date, subject to no notice of termination, disciplinary proceedings or similar, and in the view of the Board, fulfilling his/her responsibilities to the highest possible standards.

The remaining 40% of Incentive Shares will vest provided the relevant individual has met the aforementioned employment conditions and, in addition, a Company-wide performance condition. The condition will be set annually by the Board against one or more of the Company's priority financial targets. In respect of these Company performance allocations, there will be a minimum or 'threshold' achievement that must be obtained to qualify, with a 'straight-line' calculation of award up to a maximum level.

Both types of Incentive Shares will be allocated annually and, subject to the above vesting conditions would vest over three years. For example, the 2021 share allocation would vest in three equal instalments on 1 May 2022, 1 May 2023 and 1 May 2024, following announcement of the Company's annual results.

All vested awards are subject to a lock-in period, whereby any new ordinary shares of EUR0.001 each issued ("Ordinary Shares") cannot be sold for two years from vesting for Directors and Heads of Function, or 12 months for all other employees.

Awards are further subject to certain malus and clawback provisions, at the Board's discretion.

On 11 February 2021, the Board approved the terms of the LTIP and the maximum allocation of 30,524,234 Incentive Shares at a price of 2.20p, representing a 5% premium on the closing, mid-market share price on 10 February 2021. 22,342,416 Incentive Shares have been newly allocated in aggregate for employees of the Company who are not Directors, with 8,181,818 Incentive Shares newly allocated in aggregate for Director, Jeffrey Vander Linden.

In addition, David Palumbo and Yoel Alemán, Directors of the Company, have agreed that the Company's obligation to issue them new Ordinary Shares pursuant to the subscription arrangements (the "Subscription Arrangements") announced by the Company on 9 July 2020 for the period 1 July 2020 - 30 June 2021 will be replaced by Incentive Shares, subject to the same vesting conditions as outlined above. The maximum number of new Ordinary Shares that can be issued from these allocations on vesting would be 11,111,111 and 9,445,379 respectively, which is the same number of Ordinary Shares that would have been issued pursuant to the Subscription Arrangements, thereby creating no additional dilution on vesting and the potential for less dilution, should the vesting conditions not be achieved.

Going forward, all executive Directors and employees will be on standardised LTIP structures and the LTIP is the Company's sole, long-term incentive programme. There will be no further issues of warrants under the employee incentive warrant programme announced on 31 March 2020, whereby the Directors were issued with, in aggregate, 472,725,148 warrants to subscribe for new Ordinary Shares from a March 2020 warrant pool of 590,906,437. The Company has a total of 658,210,979 employee related warrants and options outstanding.

Assuming the maximum number of new Ordinary Shares were issued pursuant to the Incentive Shares allocated today (being 51,080,724 new Ordinary Shares, albeit only 30,524,234 of these shares represent additional dilution, due to the cancellation of the Subscription Arrangements), the Company would have 709,291,703 employee-related dilutive instruments outstanding, representing 9.09% of the Company's then enlarged issued share capital.

Ian Pearson, Chairman of EQTEC, commented:

"The implementation of EQTEC's All Employee Long-term Incentive Plan demonstrates the Company's commitment to attracting and retaining top talent who are invested in the long-term future of our business and in our role in Cleantech. This standardised framework for incentivising EQTEC's people is built on a new robust performance management framework that will drive common focus and individual excellence toward delivery of the business plan, aligning performance with enhancing value for our shareholders while minimising cash outlay. I view these approaches as additional support to EQTEC's platform for sustainable growth and performance in 2021 and for years to come."

[fund1] 11/2/2021 12:35

I would say AEG is worth a look especially most recent interview can be found on thread holder of Both this and AEG

[aja2] 11/2/2021 11:34

Isn't there a thread somewhere for new investment ideas; I remember someone mentioning it a while back...either that or draw up a list of private companies and regularly check if they have funding rounds or IPOs.

[rationaleee] 11/2/2021 11:13

There's not many in the new energy sector that have performed as well as EQT or ITM over the year. Anyone knows any other next EQT OR ITM that are still tiddlers? Only one I could find is PRD which is strangely named Predator oil and gas but actually has massive Carbon capture and sequestration technology which no one has picked up on I guess due to it classed in oil and gas sector? Any thoughts on this or any other potential next EQT, PHE?

[stuayres] 11/2/2021 11:06

It will come Soggy, keep the faith.