Share Name Share Symbol Market Type Share ISIN Share Description
Redt Energy LSE:RED London Ordinary Share GB00B11FB960 ORD EUR0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.125p -1.32% 9.375p 9.25p 9.50p 9.775p 9.375p 9.625p 2,803,454 13:43:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 9.2 -4.9 -1.0 - 61.31

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Trade Time Trade Price Trade Size Trade Value Trade Type
16:15:009.501,000,00095,000.00OK
16:15:009.251,000,00092,500.00OK
15:57:419.25500,00046,250.00OK
14:50:219.4721,1191,999.97O
14:40:219.3140,0003,725.04O
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Redt Energy (RED) Top Chat Posts

DateSubject
19/9/2017
09:20
Redt Energy Daily Update: Redt Energy is listed in the Support Services sector of the London Stock Exchange with ticker RED. The last closing price for Redt Energy was 9.50p.
Redt Energy has a 4 week average price of 6.63p and a 12 week average price of 6.63p.
The 1 year high share price is 17.25p while the 1 year low share price is currently 6.63p.
There are currently 653,923,424 shares in issue and the average daily traded volume is 5,280,204 shares. The market capitalisation of Redt Energy is £61,305,321.
03/8/2017
22:52
dogrunner11: Don't think that patronising Chas, an honest opinion. I actually believe this company has a very strong future, i don't doubt it will succeed and be a multi billion pound company at some point. Problem being Scott has over promised and under delivered, share price is a clear reflection of that. Reason for that is realistically he got shot in the foot by Gigha that has effectively put them back almost a year in progression terms. As for John Ward, personally I'd boot him off the board, I realise many here will shoot me down for that comment, however I just can't see he has any credibility left after selling us shareholders down the road with a sale price less then last two placing prices. For me today he's a weak link that needs removing. I often wonder how this company would be with a strong market minded leader onboard, someone like Lenigas. He might not be liked by many but he clearly knows how to get things to the forefront of peoples thoughts, Scott is a clever bloke but very wet behind the ears. He will no doubt succeed as the product is good, he's just to wet when it comes to markets and how these things operate. Reminds me a little of PAF, Jan Nelson sold his entire holding almost if I recall well before the huge rise, share price remained static whilst he did his magic (never reproduced that with XTR mind) and those holders got well rewarded. Summarise, I'd drop Ward and bring in Lenigas, someone who can actually market our product and wouldn't sell investors down the road for a pokey few grand, FO John Ward, IMO.
27/7/2017
12:45
dlg3: but should Tesla turn their 100Mw into a firm contract then it will be reflected in the share price, but should REDT turn their 490Mw into a firm contract the share price will go ballistic, which would you have your few hundred grand invested in.???
17/7/2017
17:21
backdoorbill: Citywire Press.... In the development of economical and effective renewable sources of energy, power storage is an essential part of the mix. In different parts of the world, climatic and geological conditions dictate the predominant source of renewable energy, but whether this is wind or solar, power storage is paramount for those windless days or when the sun doesn’t shine. Renewables have their critics, but the importance of clean energy is undeniable and Britain has already achieved a day this year when more than 50% of electricity came from renewable sources; Germany, where development has been faster, achieves this regularly. Energy storage has seen emphasis on the use of lithium batteries to meet the demand for frequency response in various industries; predominantly the fast growth of electric and hybrid cars, but for large scale storage systems the vanadium redox flow batteries will produce consistent energy for much longer periods. In my three New Year stock picks, which I updated last week, I included RedT Energy (RED), where the share price performance has been disappointing, not helped by last Thursday’s AGM statement of slower sales. However, RED has 265 tank unit modules in final stages of customer selection, up from 101 indicated only three months ago with the final 2016 results and active customer enquiries increased to €314 million. The Gen2 sales have been slower than projected but look to be gathering traction with a new focus on the development of Gen3. The market for durable long-term energy storage develops faster than expected, most significantly in the UK and Australia. Mid term the markets for RedT’s products are looking stronger than the projections; I’m sticking with my RedT and would look to buy more on any good announcements from the company. However, this is a new disruptive industry taking shape and you’re investing in a future technology, albeit well proven, if not yet fully understood in the market. As posted on LSE Chas
31/3/2017
07:27
tullynessle: https://uk.advfn.com/stock-market/london/redt-energy-RED/share-news/RedT-Energy-PLC-Manufacturing-Update/74228198 31 March 2017 redT energy plc ("redT" or the "Company") Manufacturing update redT energy plc (AIM:RED), the energy storage technology company, is pleased to announce that today, a Gen 2 energy storage machine is being delivered to its customer, University of Strathclyde. The 5kW, 20kWh liquid energy storage machine will be used alongside the grid and connected renewables as part of a joint project between the University and Gaia Wind at a site in Glasgow, Scotland and will be used to demonstrate the commercial case for storage in the UK for Gaia Wind's customers. redT also notes that its manufacturing partner Jabil Circuit Inc (NYSE:JBL) will be closing its Livingston manufacturing plant. The Company wishes to make it clear that Jabil's recent announcement does not have a material effect on the redT business and the fulfilment of orders. The Company's production schedule remains on track with the delivery of this machine to University of Strathclyde and additional Gen 2 machines, which will ship to Africa shortly. redT's business manufacturing strategy has always been and continues to be that mass production of redT machines would take place away from the Livingston facility, at other Jabil plants, following the conclusion of the Gen1 market seeding phase, which is now complete. redT holds a global manufacturing service agreement (MSA) with Jabil, which is not tied to any specific location. As such, the MSA remains unchanged and the Company continues, as planned, to work with Jabil to optimise the lowest cost manufacture of different components of its energy storage machines by utilising Jabil's 90+ manufacturing plants across the world. This provides redT with a significant competitive advantage in the market. For the reminder of this year, manufacturing of small volume production runs and new product prototypes will continue to take place within the UK. redT will also continue to grow its own Livingston operational centre, having built a strong engineering and operations team since opening the office in 2015. The downturn of the oil and gas sector in Scotland has provided redT with access to highly skilled labour pool and the Company is looking forward to further expanding its Scottish presence as a result. Enquiries:
08/12/2016
10:20
12bn: There's the RNS! I warned you all!//////RNS Number : 3251R RedT Energy PLC 08 December 2016 THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT IS RESTRICTED AND IT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE REPUBLIC OF IRELAND OR AUSTRALIA OR ANY OTHER STATE OR JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL This announcement contains inside information 8 December 2016 redT energy plc ("redT" or the "Company") Proposed Placing and Open Offer and Notice of General Meeting redT energy plc, the energy storage technology company, is pleased to announce that it has conditionally raised gross proceeds of GBP12 million from institutional and other investors through a proposed issue of 150,000,000 Placing Shares (the "Placing") at a price of 8 pence per share (the "Placing Price"). The Company is grateful for the continued support of redT's existing shareholders and is therefore proposing separately to make an Open Offer to all Qualifying Shareholders to enable Qualifying Shareholders to have the opportunity to participate in the capital raising process at a price equivalent to the Placing Price. It is proposed that the Open Offer will raise up to GBP3 million (being less than the EUR5 million maximum amount permitted without requiring the publication by the Company of a prospectus under the Prospectus Rules). The Company intends to use the net proceeds it receives from the Placing to fund: -- Capital expenditure for development of Generation 3 (Gen 3) - approximately GBP1.3 million; -- Operating costs for Gen 3 and Generation 4 (Gen 4) development - approximately GBP2.0 million; and -- Sales, operations and working capital for the next 2 years to accelerate pipeline delivery - approximately GBP8.0 million. The Company's strategy is not contingent upon a full take-up under the Open Offer, and any Open Offer funds received will be additional to the Company's immediate funding requirements. The Placing and the Open Offer (together, the "Fundraising") are conditional, amongst other things, on the passing of a resolution (the "Resolution") by Shareholders at the General Meeting to be held at The Equinox Room, Clerkenwell Workshops, 27-31 Clerkenwell Close, London, EC1R 0AT at 10.30 a.m. on 30 December 2016. The Company has obtained irrevocable undertakings from certain shareholders, including directors, to vote in favour of the Resolution in respect of, in aggregate, 173,771,694 million Ordinary Shares, representing approximately 37.1 per cent of the of the Existing Ordinary Shares in issue. The New Ordinary Shares will represent approximately 28.4 per cent. of the Enlarged Share Capital immediately following completion of the Placing and the Open Offer (assuming the Open Offer is fully subscribed). The Issue Price represents an approximate 29.7 per cent. discount to the price of 11.4 pence per Ordinary Share at which the Ordinary Shares traded on AIM on 7 December 2016 (the latest practicable date prior to this announcement), and a 30.8 per cent discount to the average share price during the 90 trading days prior to 7 December 2016. Neil O'Brien, a Non-executive Director of the Company, has subscribed through the Placing for 625,000 Placing Shares at the Placing Price. The Placing Shares and the Open Offer Shares will, when issued and fully paid, rank pari passu in all respects with the Existing Ordinary Shares, including the right to receive all dividends or other distributions declared, made or paid after the date of Admission. Subject to the passing of the Resolution required to enable the Placing and the Open Offer to proceed, application will be made to AIM for Admission of the Placing Shares and the Open Offer Shares to trading on AIM. Admission is expected to occur no later than 8.00 a.m. on 3 January 2017 or such later time and/or date(s) as Cenkos and the Company may agree (not being later than 17 January 2017). Shareholders should be aware that in the event that the Resolution is not passed, the Company will not be able to proceed with the Fundraising, with the result that the anticipated net proceeds of the Fundraising will not become available to fund proposed upcoming expenditure and achieve the objectives currently pursued by the Board. The Group's business plan and growth prospects may be adversely affected as a result. A circular in connection with the proposed Fundraising (the "Circular") and notice of General Meeting will be posted to Shareholders later today. The Circular sets out in detail (i) the background to and reasons for the Fundraising and (ii) the resolution which is required to be passed by Shareholders at the General Meeting. All capitalised terms in this announcement are as defined in the Circular which will be available on the Company's website www.redtenergy.com. Scott McGregor, CEO, commented: "redT has successfully proven its disruptive technology with the production of one of the longest life, lowest cost industrial energy storage machines, and we are now entering the next stage of development with the commercial roll-out of our Gen 2 units. Estimated at $100-$150 billion, the stationary energy storage market presents redT with a very significant opportunity for sustainable growth and our technology holds the key to unlocking firm renewable power for the future. With a strengthened balance sheet, we will now be able to aggressively ramp up our sales and marketing efforts, and continue the development of the future generation of redT machines. "I would like to thank both our existing and new shareholders for their support and we are pleased to provide existing shareholders with the opportunity to participate through the Open Offer." Contact Details:
25/10/2016
20:55
backdoorbill: 26p before news? The stock of Redt Energy PLC (LON:RED) hit a new 52-week high and has GBX 28.56 target or 104.00% above today’s GBX 14.00 share price. The 6 months bullish chart indicates low risk for the GBX 65.78 million company. The 1-year high was reported on Oct, 21 by Barchart.com. If the GBX 28.56 price target is reached, the company will be worth GBX 68.41M more. The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock increased 5.66% or GBX 0.75 on October 21, hitting GBX 14. About 1.48M shares traded hands. Redt Energy PLC (LON:RED) has risen 39.47% since March 21, 2016 and is uptrending. It has outperformed by 35.00% the S&P500. Another recent and important Redt Energy PLC (LON:RED) news was published by Fool.Co.Uk which published an article titled: “3 potential ten-baggers? Redt Energy plc, Iofina plc and Amur Minerals corporation” on June 07, 2016. redT energy plc, formerly Camco Clean Energy plc, is engaged in developing and supplying energy storage systems based on vanadium redox flow technology for on and off-grid applications. The company has a market cap of 65.78 million GBP. The Company’s divisions include US business, Africa Clean Energy business, redT Energy Storage business and Group . It currently has negative earnings. The redT business segment is focused on the on-going development of its energy storage system.
06/10/2016
07:14
tullynessle: Non-Regulatory news release this morning from RED. http://uk.advfn.com/stock-market/london/redt-energy-RED/share-news/RedT-Energy-PLC-First-redT-energy-storage-machines/72607356 RedT Energy PLC First redT energy storage machines arrive at Gigha 06/10/2016 7:00am RNS Non-Regulatory Four 15-240 energy storage machines successfully delivered ahead of final installation and commissioning phase redT energy plc ("redT energy" or the "Company"), the energy storage technology company, is pleased to have transported four of its 15kW-240kWh energy storage machines to the Isle of Gigha. The units, which are the first contract manufactured, containerised, large scale vanadium flow machines of their kind, are four out of seven modules of an energy storage system that will eventually total 1.68MWh. The machines are now sited in preparation for their installation and commissioning onto the island's electrical grid. The Company will update the market once the final three modules have been delivered to Gigha. The 1.68MWh system will be used to generate revenue by providing grid support services. The system is configured and approved to remove generation and export constraints from the addition of an extra 330kW community-owned wind turbine on the island. In addition, the machines will also eventually provide voltage and frequency support services and back-up for the remote Scottish island in case of grid outages. Scott McGregor, CEO of redT said, "Today's announcement marks another significant milestone for redT and moves us closer to successfully concluding a game changing project for the energy storage industry. This is not only an important development for redT, as it demonstrates the value our technology can bring to large scale renewable energy ventures, but also for the island's inhabitants. This 1.68MWh system will help increase the output of the island's community wind farm, generate revenue and bring greater energy security to a community located in a remote part of the UK."
11/5/2016
09:12
tullynessle: So, we still need an update about the unit that was sent to Germany, to a "separate customer", being a "major German commercial building services and products firm with an international footprint", as notified in the RNS dated 14th December, 2015. ====================== Extract 1: ".......is pleased to announce its latest orders to deliver 5-40kWh energy storage systems to two separate customers,....." Extract 2: "The first of these units is being delivered to a major German commercial building services and products firm with an international footprint. The customer intends to integrate the energy storage system with a solar photovoltaic system ("PV") within a building at one of their major locations in Germany which will be available for demonstrations to other potential European customers." http://uk.advfn.com/stock-market/london/redt-energy-RED/share-news/RedT-Energy-PLC-E-ON-Contracts-redT-For-Energy-Sto/71429698 14 December, 2015 redT energy plc ("redT" or the "Company") redT energy contracts for two further energy storage systems redT (AIM: RED.L), the energy storage technology company, is pleased to announce its latest orders to deliver 5-40kWh energy storage systems to two separate customers, the first of which has already been shipped from the manufacturing facility in Scotland. The first of these units is being delivered to a major German commercial building services and products firm with an international footprint. The customer intends to integrate the energy storage system with a solar photovoltaic system ("PV") within a building at one of their major locations in Germany which will be available for demonstrations to other potential European customers. The second order is from one of Europe's largest utility companies, operating throughout the UK. This unit will be delivered to a warehousing and logistics company in the South West of England. The utility intends to trial the system to demonstrate improved payback on the customer's existing PV installation, by enabling the storing of power for self-consumption or export at periods of high electricity price, and the battery will also be used to minimise the customer's fees related to site import capacity. Alongside the analysis of these benefits, installing the system will allow examination of the potential for the use of flow batteries in value added grid/ancillary services, and it will also allow the charging and integration of multiple electric vehicles (cars, vans and forklifts) from the on-site PV. ======================== Extract: "The order for this redT market seeding unit was previously announced to an undisclosed European utility customer via RNS on 14(th) December." http://uk.advfn.com/stock-market/london/redt-energy-RED/share-news/RedT-Energy-PLC-E-ON-Contracts-redT-For-Energy-Sto/71429698 11 May 2016 redT energy plc ("redT" or the "Company") E.ON Contracts redT to Deploy Energy Storage System with Solar Pioneer, J. B. Wheaton redT energy plc, the energy storage technology company, is pleased to announce that E.ON, one of Europe's leading energy suppliers, has chosen to install one of redT's Vanadium Redox Flow Batteries at the headquarters of warehousing and logistics company JB Wheaton in Chard, Somerset.
10/5/2016
22:56
troutisout: Camco 2006 Executive Share Plan (the “Plan”) On 27 July 2012, the Company resolved at the general meeting to amend the terms of the Plan such that awards could be made under the Plan, for a period of 10 years from 27 July 2012, over up to 10 per cent. of the ordinary shares in issue as 27 July 2012 and any shares subsequently issued from time to time. Under the Plan the Company can now make awards of share options or conditional rights to receive shares (“awards”;) to selected Directors and employees. The purpose of the Plan is to incentivise Directors and employees to ensure market (share price) and non-market (operational) performance targets are met over the vesting period. The number of awards made to Directors of the Company and amounts payable per share are set out below. At 31 At 31 December December 2013 2013 Share Share Price awards awards payable outstanding Granted Forfeited Vested outstanding (per share) Number Number Number Number Number € Scott McGregor – 10,406,358 – – 10,406,358 0.01 Jonathan Marren – 6,243,814 – – 6,243,814 0.01 Total – 16,650,172 – – 16,650,172 The Company’s share price at the end of the year was 5.125 pence/€0.060 (2012: 2.125 pence/ €0.026). The highest share price in the year was 8.375 pence/€0.101 (2012: 8.25 pence/€0.099) and the lowest 1.025 pence/€0.026 (2012: 2.125 pence/€0.026). The share-based payment charge booked in these financial statements for Scott McGregor is €224,000 and Jonathan Marren is €135,000 (2012: €Nil, only in respect of Scott McGregor). Market-based performance condition The options currently issued under the Plan will vest at different levels depending on the Company’s share price performance, subject to the non-market performance conditions being met. These options will vest in 3 equal tranches upon the Company’s 45 day volume weighted average share price reaching or exceeding the levels of 3p, 5p and 7p during the life of the options. Non market performance conditions The Plan will only vest if all the non-market performance conditions are met. These non-market performance conditions are based on specific and measurable operational targets set by the Board. The employee or Director must remain employed by the Group throughout the entire vesting year in order to remain entitled to Plan shares.
26/4/2016
14:34
metis20: Interesting to see that the ISDX website has been upgraded - trades now delayed by up to 5 minutes - used to have to wait for 30 mins. hTtp://www.isdx.com/member?securityid=17738 Some quite serious money took the RED share price up to 10p, unlikely that sort of money was paid on the chance that battery sales might be reported on finals day. I expect it was invested on the basis of mid to long term potential.
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