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AMTE.L (AMTE) Share News

IN BRIEF: Amte Power joint administrators agree business, asset sale

2nd Feb 2024 10:46

Amte Power PLC - London-based lithium-ion and sodium-ion battery cells developer - Says joint administrators Richard Bloomfield, Ian Corfield and Michelle Marie Elliot of FRP Advisory Trading Ltd have entered a business & sale agreement, regarding the sale of a part of the trading business and some other assets to LionVolt Ltd. Amte Power reiterates that if it fails to appoint a replacement nominated advisor following the resignation of WH Ireland Ltd in January, its admission of shares to trading on AIM will be cancelled. AMTE has one month to appoint a new nominated advisor after WH Ireland's resignation on January 19. Read More

IN BRIEF: Amte Power pursuing sale of assets; appoints administrators

19th Jan 2024 14:27

Amte Power PLC - London-based lithium-ion and sodium-ion battery cells developer - Appoints administrators from FRP Advisory Trading Ltd as it engages in "advanced negotiations" for the sale of its business and assets to an unnamed third party. Read More

Amte Power files second notice of intention to appoint administrator

8th Jan 2024 12:47

(Alliance News) - Amte Power PLC on Monday said it filed a second notice of intention to appoint an administrator, after receiving interest in its business and assets. Read More

AMTE Power suspends trading and enters into administration

19th Dec 2023 15:58

(Alliance News) - AMTE Power PLC announced on Tuesday that it intends to appoint administrators after failing to raise funds to continue trading. Read More

TRADING UPDATES: 600 Group disposal and funding talks continue

4th Dec 2023 17:33

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

TRADING UPDATES: AMTE Power in subscription deal, launches placing

16th Nov 2023 19:55

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

TRADING UPDATES: Zephyr Energy sales fall in third quarter

16th Nov 2023 04:30

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

Amte Power makes progress on subscription as eyes averting insolvency

10th Nov 2023 17:15

(Alliance News) - Amte Power PLC on Friday said it made "good progress" in negotiations with an unnamed equity investor over a proposed GBP2.5 million subscription, which it needs to complete in order to avoid entering administration. Read More

EARNINGS AND TRADING: EDX Medical reports loss; Brandshield CFO leaves

2nd Oct 2023 18:40

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

Amte Power plans to raise GBP250,000 through retail offer

27th Sep 2023 15:02

(Alliance News) - Amte Power PLC shares were down on Wednesday, after it said it plans to raise GBP250,000 through a retail offer. Read More

TRADING UPDATES: Anglo Asian to restart Gedabek operations on approval

26th Sep 2023 21:47

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

IN BRIEF: AMTE Power aims for trading suspension to be lifted

25th Sep 2023 21:59

Amte Power PLC - London-based lithium-ion and sodium-ion battery cells developer and manufacturer - Says that following its general meeting on Monday, it will issue 112.6 million conditional placing shares. Application has been made to the London Stock Exchange for the admission of these shares to trading on AIM. It is expected these will become effective on September 26. Read More

AMTE Power raises GBP2 million in equity as progresses new investor

8th Sep 2023 10:01

(Alliance News) - AMTE Power on Friday said it will raise GBP2.1 million in fresh equity but at a steeply discounted price. Read More

AMTE Power shares skyrocket as new equity investor to buy 80% stake

25th Jul 2023 16:31

(Alliance News) - AMTE Power PLC on Tuesday announced that an unnamed potential new equity investor proposed to buy a large stake in the company. Read More

IN BRIEF: Amte Power says it needs funding, situation "critical"

20th Jul 2023 11:12

Amte Power - London-based lithium-ion and sodium-ion battery cells developer and manufacturer - Continues discussions with existing and potential investors about raising further finance. Says that the company is in a "critical" situation and faces the possibility it could go into administration in the next few days if a solution is not found. Its shares on AIM would be suspended immediately if it was put into administration. Read More

TRADING UPDATES: abrdn New India, Chelverton UK net assets fall

29th Jun 2023 18:56

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

Amte in discussions over further financing, but avoiding company sale

28th Jun 2023 11:51

(Alliance News) - Amte Power PLC on Wednesday said it is in discussions with investors over further financing, but said it is not currently pursuing a sale of the company itself. Read More

Amte Power shares crash; has four weeks to complete fundraise

15th Jun 2023 11:58

(Alliance News) - Amte Power PLC on Thursday said it continues to be in discussions relating to raising further finance with investors, adding that it must complete "some form" of fundraise in the next four weeks. Read More

TRADING UPDATES: Landore narrows loss; PYX forecasts "strong" growth

4th May 2023 21:52

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

TRADING UPDATES: Capital Metals to appeal Sri Lanka mining suspension

26th Apr 2023 16:52

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

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