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PARO Paros

0.055
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Paros LSE:PARO London Ordinary Share GB00B0LMGR34 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.055 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
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.055 GBX

Paros (PARO) Latest News

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Paros (PARO) Discussions and Chat

Paros Forums and Chat

Date Time Title Posts
30/4/201314:45THE UNDISCOVERED POER GENIUS1,934
25/4/200710:17Paros with Charts & News2

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Paros (PARO) Top Chat Posts

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Posted at 09/3/2012 09:23 by fenseal3
Cheers WaleriuszWatrobka, every share i have thats been suspended and had some chance of coming back to market has gone....poo sticks!!!
Posted at 03/2/2012 12:30 by fenseal3
WGP might get bought out, will this mean PARO get their money which is owed to them....fingers crossed!!!
Posted at 24/11/2011 08:23 by fenseal3
Thanks Tobyjug...i'm hoping for a good new year, i hold 2m of paro so i would love to get something back...fingers crossed!!
Posted at 24/11/2011 07:16 by fenseal3
Where does paro stand now with Worldlink now they are being Admitted to the LSE...any thoughts welcome.


Worldlink Group Plc Admitted to Standard Segment of the London Stock Exchange

24 November 2011 | 7.00 AM

Worldlink Group Plc ("Worldlink" or the "Company") (LSE: WGP), a provider of real-time financial information and owner of intellectual property in the transmission of mobile data sector, today announces its admission to trading on the standard segment of the London Stock Exchange. The Company's shares are expected to commence trading under symbol WGP at 8.00am (GMT) on 24 November 2011.

Neil Riches, Managing Director, commented, "This is an important time for Worldlink as it works towards commercialising its intellectual property. Our objective now is to grant licences to parties infringing our patents. We will work with our legal advisers to bring proceedings against those that refuse.

"We are delighted with our admission to the LSE Standard market and consider that it marks a significant step for the company and will prove a good platform from which to build our business. We hope it will raise our profile, give us exposure to a wider investment audience and, in turn, provide our shareholders with improved liquidity."

The market capitalisation at listing is anticipated to be circa £55m and the opening share price approximately £2.50.

ABOUT WORLDLINK GROUP PLC

Worldlink is a technology company that provides a platform service through which it and third parties can deliver financial data and trading applications to consumers. The Group owns intellectual property in the mobile telecommunication sector for the transmission of automatically updated, real time data where the user selects the information he wishes to receive. The UK and US patent numbers are GB 23 58 768 and US 7 194 468.

For more information about Worldlink and its businesses or to access a full copy of the prospectus please visit www.worldlink-data.com

For further information, please contact:

Neil Riches Tel: 01737 221078

Managing Director

Worldlink Group plc



Phil O'Connell Tel: 07711 819687

Bridgehall Securities

Mike Wort / Anna Dunphy Tel: 0207 556 1063

De Facto Financial




This information is provided by RNS
The company news service from the London Stock Exchange

END


MSCLLFSFLVLVFIL
Posted at 29/7/2010 15:23 by unconscious
Nice one christh.

It may take a long time, but hopefully we will see PARO return to AIM in one guise or another.
Posted at 29/7/2010 07:27 by waleriuszwatrobka
...thanks for info, christh, hope PARO will come back and let us get our money back with a nice profit, so fingers xxd ;-)
Posted at 10/1/2010 23:47 by christh
Company No. 5069439
THE COMPANIES ACT 1985 PUBLIC LIMITED COMPANY RESOLUTIONS
OF ParOS PLC (passed on 2 December 2009)

The following ordinary resolutions were passed at the Annual General Meeting of the Company duly convened and held at the offices of Horwath Clark Whitehill LLP, Arkwright House, Parsonage Gardens, Manchester M3 2HP at 15.00 p.m.

Resolution 1: To receive and adopt the Financial Statements of the Company for the year ended 31 December 2008 together with the Reports of the Directors and Auditors thereon.

Resolution 2: To re-elect P McHugh as a Director in accordance with the Company's Articles of Association.

Resolution 3: To re-elect J King as a Director in accordance with the Company's Articles of Association.

Resolution 4: To re-appoint Horwath Clark Whitehill LLP as auditors of the Company and to authorise the Directors to determine their remuneration.

Resolution 5: That, in substitution for any existing and unexercised authorities, the Directors be and they are hereby generally and unconditionally authorised for the purposes of section 551 of the Companies Act 2006 ("the Act") to exercise all the powers of the Company to allot shares or to grant rights to subscribe for or to convert any security into shares up to the aggregate nominal value of £157,650 being one-third of the aggregate nominal value of the issued share capital with the authorities conferred by this resolution to expire at the conclusion of the next annual general meeting of the Company (unless previously renewed, varied or revoked by the Company in general meeting), provided that the Company may before such expiry make an offer or agreement which would or might require it to allot shares or to grant rights to subscribers for or to convert any such security into shares to be allotted after such expiry and the Directors may allot shares or to grant rights to subscribers for or to convert any security into shares in pursuance of such offer or agreement notwithstanding that the authority conferred hereby has expired.
Posted at 17/8/2009 13:13 by fenseal3
Have Paro only got till the 18th sept to give a statement regarding RTO...if so they are cutting it fine, there is approx 20 working days left till they delist, any news anyone!!!!
Posted at 04/8/2009 15:48 by ont_ball_city
I'd take a squid a share
Posted at 03/1/2008 10:42 by longshanks
ArmShare have started covering ParOS: www.armshare.com

---------------------------

ParOS PLC (PARO)
Report updated: 21st December 2007
INTRODUCTION

ParOS plc transferred from OFEX to AIM in March 2006 - the closing middle market share price on the day prior to transfer was 3.5p, giving a market cap of £16.5 million.

Shortly prior to listing on AIM, ParOS plc (formerly Oak Prospects plc) acquired Parametric Optimization Solutions Ltd (ParOS) for an initial consideration of £5.4 million, paid in shares representing 45.9% of the enlarged share capital, together with deferred consideration of up to £2.7 million. Founded in 2002, ParOS provides energy saving advanced optimisation and control solutions to industry, allowing users to optimise productivity and efficiency of a system or process, without incurring significant additional hardware spend - the technology had been developed over the previous 15 years in conjunction with The Centre for Process Systems Engineering of Imperial College - the technology can be hardwired onto an existing microchip within the system (for retrofit) or onto a new microchip which is then tailor-made for the customer's specific application.

At the time of the AIM listing, the following commercial arrangements had been entered into:

i) Air Products and Chemicals, Inc. had entered into a 10-year license for ParOS to provide control technology in air separation and other application areas;

ii) in collaboration with Lotus Engineering Ltd, as part of a DTI-backed project, ParOS' technologyis being used to assist in the development of a controller for a next-generation "active valve train" or "cam-less" car engine; and

iii) in collaboration with FG Europe SA, ParOS' technology is being used to assist in the development of a controller in the next generation air conditioning units, residential and commercial.

UPDATES

The interim results to June 2006 (comparatives for 6 months to December 2005) showed sales of £9,000 (2005: £nil) and pre-tax loss of £188,000 (2005: £(55,000)). The company reported that a laboratory has been established in Cyprus to build and test prototypes for use with air-conditioning units and hydrogen storage devices.

The December 2006 update reported that work had started on a 2-year EU funded CONNECT project worth £120,000 - ParOS is leading the project consortium comprising 3 leading research groups, 5 European SME's and 2 large industrial companies. ParOS will be applying its controllers in a range of different industrial scenarios, including batch polymerisation, combined heat and power production, tile furnaces and plasma reactors for wire manufacture.

The March 2007 update reported that an EU patent will be granted for the parametric Model Predictive Control technology - an October update reported that the patent had been granted.

The final results to December 2006 (comparatives for 6 months to December 2005) showed sales of £60,000 (2005: £nil) and pre-tax loss of £1.9 million (2005: £55,000) - the results include a charge for impairment of intangible assets and goodwill of £1.2 million (2005: £nil). The company reported that year end cash was £837,000.

In June, Tropical SA placed a €25,000 contract for the design of a prototype controller to be fitted to the air conditioning and refrigeration units of small trucks and vans which Tropical SA currently supplies into the European market - the prototype is due for delivery in July 2007.

In July, Tropical SA (see above para) placed a €60,000 contract for the development of controllers for hydrogen based electrical power generators of 1kW, 3kW and 5kW.

The interim results to June 2007 showed sales of £38,000 (2006: £9,000) and pre-tax loss of £468,000 (2006: £(188,000)). The company reported that period end cash was £613,000.

In November, Tropical SA (see June and July 2007) placed a €50,000 contract for the development of a controller for a 1kW reformed gas based fuel cell power generator - 50% 0f the contract is expected to be recognised in 2007, with the balance in 2008. Later in the month, ParOS was appointed as an external consultant to a research programme investigating the performance and behaviour of Multiple Unmanned Aerial Vehicles - the contract is worth £6,000 for the provision of software and £58,000 for consultancy fees over a period of 36 months - Cranfield University and Imperial College will lead the research programme that started in September 2007 funded by a grant from the Engineering and Physical Sciences Research Council.

The December update reported that a controller for batch polymerisation has been developed as part of the EU CONNECT project (see December 2006) - the model contains more than 900 variables and 30 dynamic equations, and in tests with competing technology has achieved a more accurate and faster response, especially in the presence of unmodelled disturbances, while meeting the product quality specifications.
Research Standing
A concept stock with an interesting pedigree out of Imperial College, an overhead structure which currently appears reasonable and generating income from development work, which also serves the purpose of increasing market knowledge.

A broker note has been requested.
Paros share price data is direct from the London Stock Exchange

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