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RUR.L (RUR) Share News

Rurelec Expects Bolivia Payment Shortly

20th May 2014 10:24

LONDON (Alliance News) - Rurelec PLC Tuesday said it expects to receive its settlement for the seizure of its stake in Bolivia's largest power producer in 2010 shortly, after a key council of ministers in Bolivia gave the necessary approval for the payment to be made. The two sides have agr Read More

Rurelec To Get USD31.5 Million In May From Bolivia

6th May 2014 10:04

LONDON (Alliance News) - Rurelec PLC Tuesday said that the Attorney General of Bolivia had confirmed in a press conference over the weekend that the country will pay the company USD31.5 million in May, as settlement for seizing the company stake in the country's largest power producer in 2010.</p Read More

Rurelec Finally Reaches A Deal With Bolivia For Compensation

30th Apr 2014 14:10

LONDON (Alliance News) - Rurelec PLC Wednesday said it had reached a deal with Bolivia over the payment of compensation for the nationalisation of its stake in the country's largest power producer, agreeing to waive some of its entitlement in return for a fast payment in early May. The powe Read More

DIRECTOR DEALINGS: Rurelec CEO Transfers Shares

13th Mar 2014 16:02

LONDON (Alliance News) - Rurelec PLC Thursday said Chief Executive Peter Earl transferred 2.0 million shares to his self-invested personal pension at a price of 7.5 pence per share. As a result of this transaction Earl's holding remains unchanged at 6.9 million shares, which represents appr Read More

Rurelec Confirms Plan To Pay Out Some Of Its Compensation To Shareholders

5th Feb 2014 12:10

LONDON (Alliance News) - Rurelec PLC Wednesday confirmed that it plans to use some of the proceeds of its recent Bolivian arbitration award to make a dividend distribution to shareholders. On Saturday, the power generation company was told that the Permanent Court of Arbitration in The Hagu Read More

MARKET COMMENT: UK Stocks Close Lower; Sterling Plummets

3rd Feb 2014 17:42

LONDON (Alliance News) - UK stocks closed lower Monday as the global equity sell-off continued amid growing concerns about both the Chinese and US economies. Meanwhile, the pound was hit following weaker-than-expected UK PMI manufacturing data. UK stocks opened fractionally lower Monday aft Read More

UK MIDDAY BRIEFING: Mis-Selling Bill Continues To Mount For UK Banks

3rd Feb 2014 13:46

LONDON (Alliance News) - UK banks are still counting the cost of their product mis-selling, with Lloyds Banking Group Monday adding a further GBP1.93 billion to the amount it has set aside to cover claims for previous sales of payment protection insurance and interest rate hedging products. <p Read More

UK WINNERS & LOSERS: Rurelec Drops 25% As Bolivia Award Disappoints

3rd Feb 2014 11:26

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday. ------- FTSE 100 - WINNERS Randgold Resources, up 2.1%. In a difficult environment for gold miners, Read More

UPDATE: Rurelec Wins USD41 Million In Arbitration Proceedings Against Bolivian Government

3rd Feb 2014 06:49

LONDON (Alliance News) - Rurelec PLC Saturday said the Permanent Court of Arbitration in The Hague confirmed a finding in favour of the company with regards to its Bolivian compensation claim. Rurelec spent 2013 fighting to get compensation after the Bolivian government nationalised its 50. Read More

Rurelec Wins Arbitration Proceedings Against Bolivian Government

2nd Feb 2014 08:48

LONDON (Alliance News) - Rurelec PLC Saturday said the Permanent Court of Arbitration in The Hague confirmed a finding in favour of the company with regards to its Bolivian compensation claim. The power generation company spent 2013 fighting to get compensation after the Bolivian government Read More

Rurelec Expects Bolivian Arbitration Ruling After Close Friday

31st Jan 2014 11:29

LONDON (Alliance News) - Rurelec PLC Friday said the Permanent Court of Arbitration in The Hague has confirmed that the Bolivian compensation award decision will be released after market hours Friday. The power generation company spent 2013 fighting to get compensation after the Bolivian go Read More

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