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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Gran Tierra Energy Inc. | LSE:GTE | London | Ordinary Share | COM STK USD0.001 (CDI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 745.00 | 700.00 | 790.00 | 745.00 | 745.00 | 745.00 | 0.00 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | 636.96M | -6.29M | -0.2007 | -48.13 | 302.67M |
From Jun 2019 to Jun 2024
TIDMGTE
RNS Number : 5197U
Gas Turbine Efficiency PLC
18 October 2010
18 October 2010
Gas Turbine Efficiency PLC
("GTE" or the "Company")
Update on discussions with strategic investor
Appointment of John Grant as Executive Chairman
Gas Turbine Efficiency plc ("GTE" or the "Company"), a leading provider of proprietary cleantech systems for enhancing the performance of aviation and industrial gas turbines, announces that the previously disclosed discussions with a strategic investor have concluded and that the strategic investor has decided not to make an investment in the Company at the current time.
Separately, the Company is continuing discussions to sell substantially all of the assets of its aviation business and is exploring other long term financing alternatives involving existing investors, alongside third party alternatives.
Furthermore, the Board is pleased to announce that John Grant has been appointed Executive Chairman with immediate effect. Mr Grant joined the Board as non-executive Chairman on 4 January 2010. He will now take an enhanced role in the management and future development of GTE.
For further information:
Hot Features
Premium
Gas Turbine Efficiency John Grant (Executive Chairman) +44 (0) 7768
plc Steve Zwolinski (Chief 465042
Executive Officer) +1 404 643 3180
Matrix Corporate Capital Nick Ellis +44 (0) 20 3206
LLP 7000
Financial Dynamics Jon Simmons +44 (0) 20 7831
Susanne Yule 3113
About GTE
Gas Turbine Efficiency plc (GTE) designs, manufactures and supplies proprietary energy saving and performance enhancing systems and support services to the Power Generation, Oil and Gas and aviation industries. GTE's extensive portfolio of patented solutions save fuel, reduce emissions, increase availability, and extend turbine and parts life.
The Group provides solutions for application of a wider variety and quality of primary and alternative fuels. Specific products and services developed by our world-class technology team include compressor cleaning and power augmentation systems; fuels management systems; combustion design, repair, upgrade and monitoring, fluid and control auxiliaries and outage management services. The Group's systems and associated services are provided to turbine end users and OEMs including General Electric, Pratt & Whitney, Rolls Royce, Caterpillar-Solar and Siemens from operation centers in Europe and the USA. GTE's shares are traded on London Stock Exchange's AIM (Ticker: GTE).
This information is provided by RNS
The company news service from the London Stock Exchange
END
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