Rentokil Initial Share Discussion Threads

[hedgehog 100] 10/12/2024 17:53

Anyone kicking themselves at missing out on ARA could do worse than to take a look at ROC.

Currently 2.5p, market cap. £286K., about half its likely cash after £452.5K. incoming cash due within a week.

"Rockpool Acquisitions (ROC)"

[hedgehog 100] 09/12/2024 13:59

09/12/2024 08:00 RNS Regulatory News Aura Renewable Acquisitions PLC Proposed Initial Transaction LSE:ARA Aura Renewable Acquisitions Plc

"Proposed Initial Transaction - acquisition of Zero Carbon Technologies Limited

Aura Renewable Acquisitions Plc, a UK-based company, whose objective is to invest in the global renewable energy sector supply chain and thereby build shareholder value, is pleased to announce that as of 6 December 2024, it has entered into heads of terms (the "Heads of Terms") with Zero Carbon Technologies Limited ("ZCT"), a UK incorporated company with planned battery recycling operations in Europe, which set out the key terms for ARA to acquire 100% of the issued share capital of ZCT, in consideration for the issue of ordinary shares in ARA to the shareholders of ZCT, subject to due diligence, as well as the negotiation and execution of definitive agreements (the "Proposed Acquisition", to which ARA and ZCT are the "parties"). The Heads of Terms are non-binding except with regard to confidentiality, exclusivity, costs and other customary conditions for a transaction of this nature which are binding.

About Zero Carbon Technologies Limited

The directors of Zero Carbon Technologies Limited expect that it will be an innovative leader in the battery recycling sector, dedicated to providing sustainable solutions for the recycling of Lead-Acid batteries ("LAB") and Lithium-ion batteries. Leveraging intellectual property licensed from Regenerate Technology Global and Cambridge University, ZCT plans to expand its operations into EV battery recycling. It intends to use advanced recycling technology to recover black mass containing critical materials, including copper, lithium, cobalt, manganese and nickel.

ZCT was incorporated in the UK on 26 May 2021, and has a non-binding agreement for a proposed business combination (which it is intended will be completed prior to the Proposed Acquisition) with Clean Tech Lab S.L. ("CTL") (incorporated in Spain).

ZCT is in the process of acquiring land, buildings, and equipment with a view to establishing two advanced recycling facilities in La Mancha province, Spain. The board of directors of ZCT considers that the sites will be strategically located for both logistical efficiency and regulatory advantages. ZCT will manage the operations of these planned plants, with the first facility in Puertollano intended to begin commissioning in Q1 2025, followed by a facility in Montalbo anticipated to begin commissioning in Q4 2025.

With an estimated potential combined annual processing capacity of 75,000 tonnes of LAB -equivalent to approximately 1.5 million used units - ZCT aims to recover up to 99% of the materials in these batteries, including by enhancing lead oxide, a valuable composite containing recycling minerals. This capability will be driven by proprietary technology, licensed from Regenerate and Cambridge University, which is expected to allow efficient recycling of LAB by the installation and commissioning of the plant within nine months from inception. ...

Valuation: ZCT's pre-money valuation is required to be a minimum of £30 Million. The pre-money value of ARA will be calculated as 10% of the pre-money value of the merged group, excluding the proceeds of the proposed Capital Raise and the Target Financing, such that ARA shareholders will hold 10.0% on an undiluted basis of the shares in ARA immediately after completion of the Proposed Acquisition, excluding those issued to investors under the proposed Target Financing and Capital Raise. ..."




So a £3M. valuation for current ARA shares, with 10,500,000 shares currently in issue, equates to a valuation of 28.57p per ARA share.

Compared to a current ARA share price (suspended) of 4.25p, market cap. £446,250.

I.e. an increase 'on paper' of over 6.7 times: over 570%!

[halfpenny] 26/11/2024 07:49

PE a great addition and Deal maker with a strong M&A Track Record.

Future just got Brighter..

[halfpenny] 18/11/2024 22:47

Mega deal on the way so get on the Trsin before the RNS...

[fenners66] 16/11/2024 01:33

Bloomberg - "exploring a sale of its French workwear business as the pest control company seeks to streamline its operations, according to people with knowledge of the matter.

The London-listed firm is working with Goldman Sachs Group Inc. to study a possible divestment of the unit, which provides uniforms and personal protective equipment to French clients, the people said, asking not to be identified because the information is private. The unit could be valued at about €500 million ($529 million) in a sale, the people said. "

[nico115] 15/11/2024 12:54

On Bloomberg Potentially selling subsid for €500m ?

[halfpenny] 15/11/2024 07:28

Bid expected soon with a bargain at these levels.

Every day gets closer to RNS..

[nico115] 06/11/2024 17:11

When Peltz puts someone on the BOD the shares always rise substantially .

[onehanded] 06/11/2024 11:11

Last chance to get in before the bid. Trump winning means this will be listed in USA stock market after being bought by the Americans. Could be bought as high as £6. Watching ….

[halfpenny] 04/11/2024 08:24

With Election over USA make sense.

Future Brighter as news flow

[onehanded] 04/11/2024 07:16

Rumour of bid and taking it to USA stock market about I see over the weekend. Makes sense and would be loved over there. Should see this back to £5 level and with a bid much more. Watching….

[halfpenny] 03/11/2024 08:50

There is money in Rats as they explode everywhere!!

Rentokil Rat poison works effectively.

International expansion proves fruitful as we see a steady improvement in share price

Future Bright as Global Rat population increases so goes the share price

[bookbroker] 26/10/2024 10:20

Or hopefully some major corporate news!

[bookbroker] 23/10/2024 09:06

Are we seeing a re-rating on the basis of the reasssuring trading update recently?

[nico115] 17/10/2024 20:46

So the range will be 550p to 750p

[nico115] 17/10/2024 17:35

Independence gets us to 750p

[onehanded] 17/10/2024 15:06

Think takeover level would be around £5.50.

[halfpenny] 17/10/2024 08:01

Takeover more likely at these levels.

Target price 650p plus...could be soon

Get on the Train before RNS on Success

[bookbroker] 17/10/2024 06:33

Sitting duck at this price!

[onehanded] 17/10/2024 06:21

Bid coming before Xmas so I see from the rumour. USA buyers and listed in USA stock market. Will be watching….

[onehanded] 17/10/2024 06:19

Think could be a re-rated and opportunity to buy before this gets going higher. Will catch any shorters out. £4 target in the short term.

"The Terminix integration continues to progress well and we have a full programme of activity for the remainder of 2024. In the New Year, we will review the early results of new Q4 integration activities, including the piloting of new satellite branches, and new technician and sales pay plans, in addition to assessing the effectiveness of our expanded growth initiatives. Post integration, we remain strongly optimistic that our business will lead a highly resilient, growing market

[ladywormer] 16/10/2024 10:59

3rd quarter trading tomorrow

[bookbroker] 16/10/2024 08:47

Likely a broker downgrade!

[gotnorolex] 16/10/2024 08:14

Philip Jansen licking his chops? He may just pull off his audacious plan!