(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Eco Buildings Group PLC on Friday said that it has received a preliminary order from R&T SHPK for 5,000 square metres of walling. Read More
Eco Buildings Group PLC - London-based housing and construction group - Raises GBP450,000 via a subscription for 4.5 million new shares. Says the funds will be used to complete delivery on the 25,000 square metre purchase order for wall panels. Adds that the company is now in a position to execute on its two long-standing contracts in the Durres region, following the completion of equipment and software upgrades to its primary production line. These are expected to generate revenue of over EUR114 million in the coming three years. Read More
(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
Eco Buildings Group PLC - London-based housing and construction group - Says 2023 marked by its reverse takeover of Eco Buildings Group Ltd, a company specializing in the prefabricated modular housing sector. Net loss widens to EUR2.5 million from EUR400,000 last year. Notes costs incurred from reverse takeover. Says focus has been on commissioning new operations in Durres, Albania. Eco has secured two contracts in Albania and Kosovo, expected to generate EUR114.0 million over an initial three-year period. Notes placing of shares at 55 pence each raised GBP2.7 million. Read More
Eco Buildings Group PLC - UK-listed modular housing company - Achieves fully automated production at its Albanian facility, reducing production time by 33%. A single production line is now capable of producing over 177,000 square metres of glass fibre reinforced gypsum walls per year - enough to deliver 768 houses a year. Eco Buildings says this upgrade will improve revenue and profit projections for the current production line in Albania, and will also increase its store of intellectual property. Read More
(Alliance News) - Eco Buildings Group PLC on Thursday said its wall panels have been approved for use under national building regulations in Chile, following a series of tests. Read More
(Alliance News) - Eco Buildings Group PLC on Monday said that co-founder and non-executive board member, Etrur Albani, will take on a full-time role as executive vice-chair. Read More
(Share price comparison updated to reflect share price change since reverse takeover.) Read More
Eco Buildings Group PLC - London-based manufacturer of prefabricated modular housing products - Raises GBP827,000 via a subscription for 6.89 million new shares. The subscription, taken up by existing shareholders, is at a price of 12.00 pence per share, a 4.3% premium to Eco Building's Wednesday closing price of 11.50 pence. The subscription remains conditional on admission of the new shares to trading on AIM, expected to occur no later than next week Tuesday. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News: Read More
Eco Buildings Group PLC - London-based manufacturer of prefabricated modular housing products - Says it has commenced early production at at its recently completed facility at Durres, Albania. Says the first walls have been produced at the new factory. Expects full scale commercial production in the first quarter of next year, when it will begin fulfilling orders that are expected to generate up to EUR114 million in total for the first three years. Read More
(Alliance News) - Eco Buildings Group PLC on Thursday said its half-year loss widened on higher costs and said its shares were readmitted to trading on AIM after publishing its annual results for 2022. Read More
(Alliance News) - Eco Buildings Group PLC on Wednesday reported a slightly widened loss despite increased revenue, and said its shares remain suspended pending publication of its latest half-year results. Read More
(Alliance News) - Eco Buildings Group PLC on Tuesday said its results for 2022 will be further delayed and therefore its shares will remain suspended. Read More
(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
Eco Buildings Group PLC - London-based prefabricated modular housing products, formerly named Fox Marble Holdings PLC - Announces completion of new factory in Albania, close to new commercial port terminal in Durres. Has relocated operational team to Albania from Dubai following decommissioning of Dubai plant and terminal. All plant, equipment and vehicles previously operated in Dubai have been moved to Durres. Eco Buildings says that "Progress is continuing apace" and expects new factory to be operational and fully commissioned in the third quarter. Company then will be able to start production and sales of modular single dwelling units against EUR114 million contracted order book. Read More
Eco Buildings Group PLC - London-based prefabricated modular housing products, formerly named Fox Marble Holdings PLC - Starts trading on AIM under new name in London on Friday after its reverse takeover of Eco Buildings Group Ltd. As part of the relisting, it raises GBP2.7 million from a placing of 4.9 million new shares at 55 pence per share. With 70.1 million shares in total, Eco Buildings has a GBP38.5 million market capitalisation at the placing price. The stock trades at 41.00p on Friday morning, down 25%. Read More