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CO2P Sparkco2etcsec

5,437.00
-68.00 (-1.24%)
26 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Sparkco2etcsec LSE:CO2P London Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -68.00 -1.24% 5,437.00 5,364.00 5,510.00 5,741.50 5,355.50 5,477.00 1,309 16:29:33

CARBONDESK GROUP PLC - Trading Statement

28/02/2013 7:00am

PR Newswire (US)


Sparkco2etcsec (LSE:CO2P)
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                       Trading Statement - January 2013

The Company continues to process a number of corporate finance mandates which the Board is confident will close during the current year.

CarbonDesk Black, the subsidiary which has entered a new field of carbon reduction through the marketing of a project to clean the air of soot, also known as Black Carbon, from local taxis in Manila, has modest revenues at present but continues to gather momentum.

As announced on 23 January 2013, the Company has received a claim from HM Revenues & Customs relating to input tax on carbon trading transactions. While the outcome of this claim is uncertain the Directors are confident, and have been assured by our legal and taxation advisors, that the claim by HMRC is very unlikely to be enforced. The Directors are very mindful of the effect that the HMRC claim could have on shareholder value and will do their best to protect this regardless of the outcome of the Independent Tribunal.

The Company continues to monitor and keep ongoing costs to a minimum.

The directors of the issuer accept responsibility for this announcement.

                                   --ENDS--

Enquiries:

CARBONDESK GROUP PLC
Daniel Edelman/ Peter Holmes
+44 (0) 203 384 3650

Peterhouse Corporate Finance Limited
Fungai Ndoro and Eran Zucker
Tel: 020 7469 0932

Copyright y 27 PR Newswire

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