Share Name Share Symbol Market Type Share ISIN Share Description
Tau Capital Plc LSE:TAU London Ordinary Share IM00B1VVFG94 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.00175 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.0 -0.5 -1.0 - 0

Tau Capital Share Discussion Threads

Showing 51 to 58 of 75 messages
Chat Pages: 3  2  1
Tau Capital PLC12 April 201912 April 2019Tau Capital plc("Tau" or "the Company")Directorate ChangesTau Capital plc ("the Company") announces that Gerwyn Williams and Nigel Burton have been appointed as non-executive Directors with immediate e?ect. Gerwyn Williams will be the Company's Chairman. Terence Mahony and Philip Lambert have stepped down from the Company's Board with immediate effect.Both Gerwyn Williams and Nigel Burton have participated in the Placing announced on 15 March 2019, which completed on 9 April 2019. At the time of agreeing to participate in the Placing, both were not directors of the Company. Gerwyn Williams is interested in 32,530,000 Ordinary Shares, which represents a value of $32,530 at the Placing price and represents 16.35% of the voting rights in the Company. Nigel Burton is interested in 26,024,000 Ordinary Shares, which represents a value of $26,024 at the Placing price and represents 13.08% of the voting rights in the Company.Further to the Company's announcement of 15 March 2019, the Board has decided that it will defer any decision to change the name of the Company for the time being.Gerwyn Llewellyn Williams (aged 69)Gerwyn is a quali?ed Electrical Engineer with many years' hands on experience in the coal mining and unconventional gas industries, having started work as an underground mine worker spending 22 years working for British Coal. He has founded a number of energy businesses and is currently the largest shareholder in In?nity Energy and the company's Chief Executive O?cer. Gerwyn is also the Chairman of UK Onshore Gas, his family owned group of companies that hold 139,839 acres of Petroleum Exploration and Development Licences ("PEDL") in South Wales via wholly owned subsidiary companies Coastal Oil and Gas Limited, UK Methane Limited and Adamo Energy (UK) Limited. Gerwyn is also the sole Director of Transgas whose subsidiary South Western Energy Limited holds 203,590 acres of PEDLs in North Somerset and in Dorset adjacent to Wytch Farm. Transgas is wholly owned by the Williams family. Gerwyn is a Chartered Engineer, a Fellow of the Institute of Materials, Minerals and Mining, and a Fellow of the Energy Institute.In accordance with Schedule 2(g) of the AIM Rules, Gerwyn Williams holds, or has held in the past ?ve years, the following directorships and partnerships:CurrentAdamo Energy (UK) Limited Air Nation LimitedPast five years Modal Mining LimitedCoastal Oil & Gas Limited Infinity Energy SAInfinity Exploration LimitedLocal Energy Supply Systems Limited Technoleg LimitedNewton Beach Development Company LimitedSouth Eastern Energy LimitedSouth Wales Energy Limited South Wales Gas Limited South Western Energy Limited St John's Vision Limited Thistle Gas Limited Topex Limited Transgas Limited UK Gas LimitedUK Methane Limited UK Onshore Gas Limited UK Water Supplies Limited UK Wind Energy Limited Sefydliad Tanwydd Cymru CyfMr Williams was a director of UK Mining Contractors Limited when an administrative receiver was appointed in December 1993. This company also entered into a creditors' voluntary liquidation in December 1993. The company was dissolved in 1999. Mr Williams was a director of U.K. Coal Limited when the company entered into a creditors' voluntary liquidation in August 1994, with the company being dissolved in 2000. Mr Williams was a director of Altesse Limited when the company entered into a creditors' voluntary liquidation in April 2000, with the company being dissolved in November 2000. UK Mining Contractors Limited, U.K. Coal Limited and Altesse Limited were all companies in the same corporate group.Nigel John Burton (aged 61)Dr Nigel Burton has over 25 years' experience in operational and ?nancial management, debt and equity ?nancing, acquisition and integration of businesses, disposals, IPOs and trade sales. Following over 14 years as an investment banker at leading City institutions including UBS Warburg and Deutsche Bank, including as the Managing Director responsible for the energy and utilities industries, Nigel spent 15 years as Chief Financial O?cer of a number of private and public companies, including Navig8 Product Tankers Inc, PetroSaudi Oil Services Limited, Advanced Power AG, and Granby Oil and Gas plc. He was a Non-Executive Director of AIM quoted Management Resource Solutions plc until March 2018 and was Chief Executive O?cer of Nu-Oil and Gas plc until January 2019. Nigel is a Chartered Engineer and a Fellow and Past President of the Institution of Engineering and Technology (IET).Nigel is currently Non-Executive Chairman of Remote Monitored Systems plc and a Non-Executive Director of Digitalbox plc, both of which are quoted on AIM.In accordance with Schedule 2(g) of the AIM Rules, Nigel Burton holds, or has held in the past ?ve years, the following directorships and partnerships:CurrentPast five yearsDigitalbox plcNew Day Energy Indonesia LimitedGyrometric Systems LimitedProcurement Services (Delaware) Inc.Strat Aero International LimitedManagement Resources Solutions plcRemote Monitored Systems plcNU-Oil and Gas plcASD Visual Aids Limited SenseToys Limited Highbec LimitedWasdale Head Inn Limited Wasdale Head LimitedDr Nigel Burton was a director of Pease Limited within 12 months of the company appointing a liquidator in June 1998. The company was subsequently liquidated in 2002.Regarding his appointment, Gerwyn Williams said:"I am delighted to take the helm at Tau Capital and I look forward to working with the Board to deliver shareholder value, and to help maximise future opportunities."Regarding his appointment, Nigel Burton said:"I am thrilled to be joining Tau Capital. The Company has a very high-quality leadership team and I look forward to making a significant contribution to the Company's further growth."Further information, please contact:FIM Capital Limited Philip ScalesTel: +44 (0) 1624 681250Nominated Adviser and joint-broker Allenby CapitalTel: +44 (0) 20 3328 5656John Depasquale / Alex BrearleyJoint-brokerTel: +44 (0) 20 7469 0930Peterhouse Capital Limited Lucy Williams / Eran ZuckerENDS
26.3% holdingWaiting for the holdings rns11-Apr-19 16:48:45 0.001 52,410,000 Sell* 0.0015 0.0025 52.41k O 11-Apr-19 16:46:06 0.001 52,410,000Sell* 0.0015 0.0025 52.41k O
Name changed to UK Onshore PlcWill be Oil & Gas venture
Gerwyn Williams and Nigel Burton appointed hereGood
Anyone heard anything on this?
chart saying they may have found a buyer
should rally today
.5p very possible
Chat Pages: 3  2  1
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