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FBG Fibregen

2.875
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Fibregen Investors - FBG

Fibregen Investors - FBG

Share Name Share Symbol Market Stock Type
Fibregen FBG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 2.875 01:00:00
Open Price Low Price High Price Close Price Previous Close
2.875 2.875
more quote information »

Top Investor Posts

Top Posts
Posted at 10/9/2009 19:26 by madengland
I was being sarcastic, ref the lack of info from the company who I believe promised investor updates. Am as annoyed as the rest of the bb
Posted at 10/9/2009 11:08 by asparks
he should be forced to sell all he owns to give investors something back. Crook.
Posted at 18/7/2008 12:37 by bubface
Origo Sino-India PLC
Investment in HaloSource

Origo Sino-India Plc ("Origo" or the "Company") (LSE: OSI) is pleased to announce a new
investment in conjunction with Origo Resource
Partners Limited ("ORP" or "the Fund"), in HaloSource, Inc. ("HaloSource" or "the group"), a
clean technology group focused on water
treatment and anti microbial fabric treatment.

Origo and ORP have entered into an agreement to acquire a combined equity stake of
approximately 11% (on a fully diluted basis) in
HaloSource for an investment of US$10 million, through the issue of new HaloSource shares.
Origo and ORP will also, as part of the
investment, receive warrants on a 1 for 4 basis, to subscribe for further equity at the
subscription price. The investment, which is being
satisfied through the respective existing cash resources of OSI and ORP, will be split on a
30:70 basis between the Company and the Fund in
accordance with the pre-existing co-investment agreement between the two entities. Origo and
ORP are joined in this funding round by
existing investors, including Unilever Technology Ventures, a fund managed by Physic Ventures.
Under the terms of the agreement, Origo and
ORP will together be entitled to appoint one director to the board of HaloSource.

Founded in 1998, HaloSource has invented, developed and commercialised technologies used
in water purification, water clarification and
antimicrobial textile coatings used to kill germs and viruses on towelling, bed linen and
clothing. Based on technology developed at
Auburn University and the University of California, HaloSource has a strong base of
intellectual property and know-how, with over 100 global
patents granted or pending. HaloSource has its head quarters in Seattle with manufacturing
facilities in Raymond (near Seattle), Bangalore
and a newly commissioned factory in Shanghai. HaloSource's products are branded and
trademarked and the group has a rapidly growing
customer list drawn from leading global businesses.

For the year ended 31 December 2007, HaloSource reported a revenue increase from
continuing operations of 30%, generated through organic
growth. During this development period Halosource did not generate a net profit. The group's
highest growth revenue stream is based on water
purification at point of use, at a price point which makes the technology available to lower
income households in geographies such as China
and India - where a shortage of drinking water and water related diseases are serious health
issues. Origo intends to assist HaloSource,
specifically in extending channels to market and advising on operational issues in these
territories. The directors of Origo believe
HaloSource's proven business model and management team will enable it to grow significantly as
demand for its three distinct businesses
increases throughout the developing and the developed world.


The transaction is subject to normal closing conditions for a transaction of this type and
is expected to complete later this month.

Commenting on today's announcement Chris Rynning, CEO of Origo, said:

"We continue to identify opportunities across a series of fast-growing sectors including
the water purification & treatment industry,
which will help to meet rapidly growing demand in China and India."

"Our investment in HaloSource underlines our focus on working with fast-growing companies
where our business development expertise can
help to bring about a step change in performance. We look forward to working with the highly
experienced management team that HaloSource has
assembled to capture the significant growth opportunities available."

ENDS

HaloSource
HaloSource has three businesses, each with distinct brands:
* "HaloPure" - kills all germs and bacteria to provide safe drinking water. Aimed at
both developing and developed economies in a
variety of applications.

* "SeaKlear" - provides germ-free, clear water for swimming pools, water parks and
other recreational water environments - and
"StormKlear" - cleaning of industrial and storm water.

* "HaloShield" - an enabling germ and virus-killing technology that has application on
toweling products, applications in medical
textiles, and military applications.




halosource is one of the holdings transferred back to the company as security against st peter port...least somebody likes them!!!
Posted at 16/7/2008 18:00 by bubface
if you want to send that you might as well address it to the chief executive glenn smith at gs@lnrplc.com who can speak for the company.
but i would also send to the company's nomad landsbanki securities,jeff keating and simon brown as they are mean't to be the first line of investor protection for aim securities and would or certainly should have approved of all transactions and company realises prior to the events.bonne chance!
Posted at 11/7/2008 09:35 by turbotrader2
please do not shoot me but apparently it may be done favourably according to a large investor I spoke to last night in desperation. Do not take this as true but it may have merit

Im not adding and dont expect anyone else to either

nuff said
Posted at 10/7/2008 15:16 by abadan2
What about the investors who took part in the placing at 30p? I wonder if they will take action against the company as they must have been misled!
Posted at 10/7/2008 12:15 by asparks
Major Shareholders Amount % Holding
Broughton Limited 45,000,000 22.07%
UBS Wealth Management (UK) 21,339,751 10.46%
Savoy Investment Management 12,255,355
6.01%
P. Greensmith, Esq.
10,910,499 5.35%
Maitland Investmemts Limited 9,386,666 4.60%
RAB Capital Limited
7,950,00 3.90%
Henderson Global Investors Limited 7,118,799
3.49%
Cheviot Asset Management Limited
6,457,675
3.17%

none of these has sold - can't be all that bad?
Posted at 23/6/2008 15:14 by turbotrader2
And if I hear one more politician spouing off regarding "greener fuels" and the fact that overseas investors should be investing in the companies in the Uk I will scream
Posted at 20/6/2008 13:47 by asparks
I wonder what these think:

Broughton Limited 45,000,000 22.07%
UBS Wealth Management (UK) 21,339,751 10.46%
Savoy Investment Management 12,255,355
6.01%
P. Greensmith, Esq.
10,910,499 5.35%
Maitland Investmemts Limited 9,386,666 4.60%
RAB Capital Limited
7,950,00 3.90%
Henderson Global Investors Limited 7,118,799
3.49%
Cheviot Asset Management Limited
6,457,675
3.17%
Posted at 12/6/2008 11:52 by mdchand
gutsy call jh - hope your right. I think a lot of investors saw value in this share, but having been burnt many times, were waiting for the share to find a floor.

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