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ADM Energy present plans after commissioning new competent person s report on Barracuda Field
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DGAP-News: ADM Energy PLC: Disposal of Interest in Superdielectrics
ADM Energy PLC: Disposal of Interest in Superdielectrics
20.05.2021 / 11:40
The issuer is solely responsible for the content of this announcement.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
20 May 2021
Disposal of Interest in Superdielectrics
ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resources investing company, is pleased to announce that it has completed the sale of 188,778 shares in Superdielectrics Ltd ( Superdielectrics ) for a total consideration of £849,501, a profit of £656,003.55 on ADM s original investment.
It comes after ADM Energy received £849,501 from a divestment
Arden has repeated a ‘buy’ recommendation for ADM Energy PLC (LON:ADME) following Thursday’s news that the company realised a profit on a renewable energy investment.
With a price target of 14p the stockbroker sees some 324% upside, to the current price of 3.3p, as the company advances the Aje field and Barracuda project in Nigeria. The cash injection supports those growth projects which are due to ramp up in the coming months.
ADM, in a statement on Thursday, said it had received £849,501 from the sale of shares in Superdielectrics Ltd, realising a profit of around £656,000 on its original investment.
Small Cap Wrap - Thor Explorations, Imperial X, ADM Energy and more.
The natural resources investing company, has completed the sale of 188,778 shares in Superdielectrics Ltd for a total consideration of £849,501, a profit of £656,003.55 on ADM s original investment leaving ADM with a holding of 6,222 shares following the sale. ADM has received the proceeds from the sale of the investment.
20 May 2021
What’s cooking in the IPO kitchen?
Oxford Cannabinoid Technologies Holdings PLC to IPO onto the Standard List. They are a pre-revenue pharmaceutical company with an objective to develop cannabinoid-based prescription medicines approved by regulatory agencies including the US Food and Drug Administration, the European Medicines Agency, and the Medicines and Products Healthcare Regulatory Authority. Their drug development strategy includes the development of proprietary cannabinoid derivatives, natural phytocannabinoids and other drug compounds that interplay with the endo
ADM Energy PLC (AIM:ADME) | RNS | ADM Energy PLC - Disposal of Interest in Superdielectrics
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