2 March 2021 | 09:04am
StockMarketWire.com - Energy company Calisen reported narrower annual losses as higher revenue and lower costs boosted performance.
For the year ended 31 December 2020, pre-tax losses narrowed by 79.1% to £17.2 million year-on-year as revenue increased 18.8% to £248.1 million.
The company hailed the turnaround of Lowri Beck, after incurring costs of just £1.7 million, well below the restructuring reserve that was set at £3.5 million. We were able to retain a larger workforce than predicted at the time we made the provision and the cost per role lost was lower than expected, the company said.
Looking ahead, the company said that while COVID-19 delayed smart meter installations in 2020 but has not changed the expected total portfolio at the end of the smart meter roll-out which amounts to 13.2 million meters.
Samson Rock Capital LLP - Form 8.3 - Calisen Plc PR Newswire London, February 16 FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH
Allen & Overy LLP is acting as legal adviser to Calisen. Important notices Citigroup Global Markets Limited (Citi), which is authorised by the PRA and regulated in the United Kingdom by the FCA and the PRA, is acting exclusively for Calisen and for no one else in connection with the Acquisition and other matters described in this announcement, and will not be responsible to anyone other than Calisen for providing the protections afforded to clients of Citi nor for providing advice in connection with the Acquisition or any other matters referred to in this announcement. Neither Citi nor any of its affiliates, directors or employees owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Citi in connection with this announcement, any statement contained herein, the Acquisition or otherwise.
BlackRock Smaller Companies Trust Plc - Portfolio Update
PR Newswire
The information contained in this release was correct as at
31 December 2020. Information on the Company s up to date net asset values can be found on the London Stock Exchange Website at
https://www.londonstockexchange.com/exchange/news/market-news/market-news-home.html.
BLACKROCK SMALLER COMPANIES TRUST PLC (LEI:549300MS535KC2WH4082)
All information is at
Performance at month end is calculated on a capital only basis
One month
8.3
30.5 performance calculations based on a capital only NAV with debt at par, without income reinvested. Share price performance calculations exclude income reinvestment.
Sources: BlackRock and Datastream
Samson Rock Capital LLP - Form 8.3 - Calisen Plc
PR Newswire
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the Code )
1. KEY INFORMATION
SAMSON ROCK CAPITAL LLP
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree
CALISEN PLC
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: