UK shareholder meetings calendar - next 7 days
17th Feb 2025 13:43
Triple Point Energy Transition PLC - London-based investment trust focused on infrastructure projects supporting green energy transition - Calls general meeting for February 24 for shareholders to approve its plan for a members' voluntary liquidation. This will allow Triple Point Energy to make an initial distribution of GBP43 million. This represents the immediate proceeds of the sale of its last remaining investments, being hydro and LED assets, which the company announced on Wednesday. Another GBP1 million is due to Triple Point Energy from the sale come May. It says that if the liquidation plan is not approved by shareholders, then it will make a GBP42 million tender offer for its shares. The company has been in managed wind-down since this was approved by shareholders in March last year. Its current net asset value is 49.30 pence per share, all in cash and the deferred consideration from the recent sale. Read More
Triple Point Energy Transition PLC - London-based trust focused on investments in infrastructure projects supporting the green energy transition - Says it has now sold its last remaining investments for a total of GBP44.1 million, comprising its hydro-electric profile and the remaining LED receivables finance agreements. Arkaig Bidco Ltd, which is owned by Dalmore Capital Ltd, has bought the entire share capital of TENT Holdings Ltd, the subsidiary holding the portfolio and agreements. GBP43.1 million will be due on completion, with the rest due by the end of May. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday. Read More
(Alliance News) - Triple Point Energy Transition PLC on Thursday announced that John Roberts has decided to step down immediately from his role of chair as the company highlighted "rapid progress" on its planned managed wind down. Read More
(Alliance News) - The FTSE 100 was firmly in the red on Thursday, following a 'hawkish' speech from US Federal Reserve Chair Jerome Powell alongside the expected quarter-point rate cut. Read More
Triple Point Energy Transition PLC - London-based trust focused on investments in infrastructure projects supporting the green energy transition - Says it is in active discussions about a payment plan with P3P Partners LLP regarding a deferred consideration for the sale of Triple Point's CHP portfolio. The portfolio comprises loans to Harvest, Glasshouse and Spark Steam, through a refinancing by P3P Partners amounting to GBP17.5 million in total. The disposal involved an immediate payment of GBP14.5 million received in June, together with three subsequent payments of GBP1.0 million due to be received in September 2024, June 2025 and September 2026 under a promissory note agreement. However, the first instalment of GBP1 million on September 30 was only "partially paid". The company says it has "reserved all its rights under the promissory note agreement". It will provide an update once discussions have concluded. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
Triple Point Energy Transition PLC - invest in assets that support transition to lower carbon, efficient energy system in the UK - Declares special dividend worth GBP25 million, about 29% of the company's net asset value as of its financial year-end on March 31. The special dividend will equate to 25 pence per share. It is part of the managed wind-down that shareholders approved back in March. Read More
(Alliance News) - Triple Point Energy Transition PLC on Monday announced further disposals as part of its wider wind-down. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Read More
(Alliance News) - Triple Point Energy Transition PLC on Monday said the sale of a field debt facility, as first announced early last month, has been completed at the carrying value. 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