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RNS Number : 9102B

Oracle Coalfields PLC

12 October 2015

 

Signing of Consortium Agreement

Released : 12 October 2015

RNS Number :

Oracle Coalfields PLC

12 October 2015

 

12 October 2015

Oracle Coalfields PLC

("Oracle" or the "Company")

Signing of Consortium Agreement

 

Oracle Coalfields PLC (AIM:ORCP), the UK energy developer of a combined lignite mineral resource and mine mouth power plant located in the Thar desert in the south-east of Sindh Province, Pakistan, today announces that it has entered into a consortium agreement with the Shangdong Electric Power Corporation of China ("SEPCO") (the "Consortium Agreement").

 

Under the Consortium Agreement, Oracle and SEPCO (the "Parties") will be sponsors of a 600 MW indigenous coal-fired power plant, (the "Power Project"), which will be built, owned and operated by Thar Electricity (Private) Limited ("TEPL"), a private limited company incorporated in Pakistan. Under the Consortium Agreement, Oracle will hold 90 per cent. of the equity of TEPL, and SEPCO the remaining 10 per cent.

 

The Power Project has already been registered with the Private Power and Infrastructure Board ("PPIB"), part of the Ministry of Water & Power, Government of Pakistan.  The Parties have now made a detailed submission to PPIB, of which the Consortium Agreement forms part. It is expected that this will lead to TEPL entering into a Power Purchase Agreement ("PPA") with the National Transmission and Despatch Company ("NTDC"), the state utility, and an Implementation Agreement with the Government of Pakistan, providing, inter alia, a Government guarantee for the payment by NTDC for electricity supplied to it by TEPL. 

 

The above PPA with the NTDC is in addition to the joint cooperation with K-Electric, the largest private sector utility in Pakistan.

 

 Shahrukh Khan, CEO of Oracle, said:

 

"SEPCO remain a major and valued partner in our goal to develop a long term sustainable solution towards Pakistan's energy crisis. This is an important step to securing a Government guarantee for payment for electricity supplied.

 

"We thank our shareholders for their continued confidence and support."

 

 

For further information:

 

Oracle Coalfields PLC Shahrukh Khan	+44 (0) 203 102 4807
Brandon Hill Capital Limited Oliver Stansfield	+44 (0)203 463 5000
Peterhouse Corporate Finance Charles Goodfellow	+44 (0)20 7220 9791
Grant Thornton UK LLP Salmaan Khawaja, Richard Tonthat, Jamie Barklem	+44 (0) 207 373 5100
Blytheweigh                                                    Tim Blythe, Camilla Horsfall	+44 (0) 207 138 3204
Fortbridge Consulting                                                   Matt Beale, Bill Kemmery	+44 (0) 7966 389196

 

This information is provided by RNS

The company news service from the London Stock Exchange

 

 

This information is provided by RNS

The company news service from the London Stock Exchange

 

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RNS Number : 5930B

Fastjet PLC

08 October 2015

 

fastjet Plc

("fastjet" or the "Company")

8 October 2015

fastjet and Emirates sign an interline agreement

 

fastjet (AIM:FJET), Africa's low-cost airline, has signed a sales and distribution contract with Emirates, the world's largest airline by international traffic, that allows Emirates' passengers access to fastjet's growing route network across East and Southern Africa.

 

Emirates passengers will be able to book fastjet tickets on all of Emirates' sales channels using a bespoke link between Emirates and fastjets reservations system.

 

Emirates currently fly to over 140 destinations across the world, including 20 in Africa, while fastjet is rapidly becoming the leading pan African low-cost carrier.

 

The partnership will benefit both fastjet and Emirates with greater passenger traffic and will give travellers in Africa the opportunity to connect to the rest of the world through Emirates' Dubai hub with fastjet providing passengers from African towns and cities.

 

Commenting on the agreement, fastjet Chief Commercial Officer Richard Bodin, said: "We are absolutely delighted to be working with such a highly regarded and successful airline. Not only will it allow us access to the millions of passengers that Emirates carries, it is also a significant validation of our operation, service and proven low-cost model. We look forward to greeting Emirates passengers on board our aircraft."

 

 

For more information, contact:

 

UK media – Citigate Dewe Rogerson	Tel: +44 (0) 20 7638 9571
Angharad Couch
Eleni Menikou
Nick Hayns
South African media – Tribeca Public Relations	Tel:  +27 (0) 11 208 5500
Cian Mac Eochaidh
Kelly Webster
For investor enquiries please contact:

 

Liberum Capital Limited – Nominated Adviser and Joint Broker	Tel:  +44 (0) 20 3100 2222
Clayton Bush
Christopher Britton
W.H. Ireland Ltd.- Joint Broker	Tel: +44 (0) 20 7220 1666
James Joyce
Mark Leonard
Sanlam Securities UK Limited – Joint Broker	Tel:  +44 (0) 20 7628 2200
Simon Clements/Ken Williams

 

 

 

NOTES TO EDITORS

 

About fastjet Plc

 

fastjet Plc is the holding company of the low cost airline fastjet which commenced flights under the fastjet brand in Tanzania in November 2012. By adhering to international standards of safety, quality, security and reliability, fastjet has brought a new flying experience to the African market at unprecedented low prices. Utilising its fleet of Airbus A319s, fastjet is implementing the low-cost model across Africa and its long-term strategy is to become the continent's first low-cost, pan-African airline.

 

The results of a customer satisfaction survey showed that 100% of customers were likely to recommend fastjet to a friend. In developing its strong brand and identity, fastjet has won and been nominated for a number of awards, including winning three Transform awards for the rebrand and launch of fastjet, the award for "Brand Strategy of the Year" at 2014's Drum Marketing Awards in London, and the Transport Innovator Award at the 8th Transport Africa Awards 2015 in Johannesburg.

 

fastjet Plc is quoted on the London Stock Exchange's AIM Market.

 

For more information see www.fastjet.com

 

This information is provided by RNS

The company news service from the London Stock Exchange

 

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RNS Number : 8149A

Altitude Group PLC

01 October 2015

 

 

ALTITUDE GROUP PLC

("Altitude" or the "Group")

 

Integration Agreement with Constant Contact

 

 

The Directors of Altitude (AIM: ALT), the provider of innovative technology solutions for small to medium sized businesses, are pleased to announce that on 30 September 2015 Customer Focus Software Limited (a wholly owned subsidiary of Altitude) signed an agreement with Constant Contact Inc. (NASDAQ: CTCT) to integrate the Group's Artworktool content creation and sharing solution into Constant Contact's unique all-in-one online marketing platform for SMEs.

When completed, the integration will provide the more than 650,000 customers of Constant Contact with free access to basic Artworktool functionality, enabling them to design graphics while creating their email marketing campaigns.  With a single click using any browser, the patented solution launches a correctly sized canvas to match the email template the user is working on, with features including image upload from social media, fonts, shapes, special effects and clipart.

With an initial term of 12 months, the agreement provides Artworktool access to users that create artwork, automatically registering them for a free Artworktool account and the ability to easily upgrade their access to pay for premium services such as image and vector file downloads on a per action basis.

Richard Sowerby, Executive Chairman of Altitude said "This is an exciting development which demonstrates that our patented Artworktool software is globally scalable.  Being integrated into the primary product offering of a global brand leader, serving SMEs around the world will drive substantial numbers of users to our Artworktool platform and provide them with the opportunity to upgrade to our premium value added services."

 

Contact:

Altitude Group plc
Richard Sowerby (Executive Chairman)	Tel: 07525 220876
WH Ireland Limited (Nominated Adviser and Broker)
Tim Feather Liam Gribben	Tel: 0113 394 6600

 

 

About Altitude Group plc

Altitude Group plc is the leading provider of technology and information services to the promotional products, print and clothing industries which operates brands that provide information, data and enterprise level technology through a Software as a Service ("SaaS") model.

 

About Artworktool

Artworktool team have a long and rich history in the print, promotional products, sign, apparel and online gift industries, and we've always sought innovative ways to engage and delight customers. Artworktool started out simply enough, as a means of allowing people to design signs online, but in the hands of our entrepreneurial (and excitable!) team, quickly evolved.

We had a vision of an online design tool that would be simple enough for anyone to use without training, but sophisticated enough to create all kinds of marketing material. The key USPs would be that balance of ease of use with advanced editing tools, and the ability to output designs both as web and print ready artwork.

Most of all we wanted to offer affordable HTML5 technology that would allow companies to offer the optimum online design solution for business.

 

About Constant Contact Inc.

Constant Contact introduced the first email marketing tool for small businesses, nonprofits, and associations in 1998. Today, the company helps more than 650,000 customers worldwide find marketing success through the only all-in-one online marketing platform for small organizations. Anchored by our world-class email marketing tool, Constant Contact helps small businesses drive repeat business and find new customers. It features multi-channel marketing campaigns (newsletters/announcements, offers/promotions, online listings, events/registration, and feedback) combined with shared content, contacts, and reporting; free award-winning coaching and product support; and integrations with critical business tools – all from a single login. The company's extensive network of educators, consultants/resellers, technology providers, franchises, and national associations offer further support to help small organizations succeed and grow. Through its Innovation Loft, Constant Contact is fueling the next generation of small business technology.

This information is provided by RNS

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Neville Registrars is delighted to welcome Fitbug Holdings Plc as the newest addtion to its list of client companies.

Fitbug Holdings Plc is an AIM listed holding company of Fitbug Limited, a leading provider of online coaching services. Further information can be found on the Company's website: http://www.fitbugholdings.com/

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RNS Number : 3445A

Fastjet PLC

28 September 2015

 

fastjet Plc

("fastjet" or the "Company")

28 September 2015

fastjet Fleet Expansion

 

fastjet takes delivery of first owned aircraft

 

fastjet (AIM:FJET), Africa's low-cost airline, took delivery of its first owned aircraft on 25 September 2015.  The intent to purchase this aircraft, the sixth aircraft in the fastjet fleet, was announced on 26 August 2015 and the agreement was signed on 23 September 2015.  The aircraft, an Airbus A319 (Manufacturer's Serial number 2891), was purchased from an entity managed by BBAM US LP (BBAM), a leader in commercial aircraft leasing, financing and management, headquartered in San Francisco, CA.  The market value of the aircraft is approximately USD15.5m Note 1. The aircraft was purchased at a discount to the market value with the consideration being satisfied in cash.

 

Ed Winter fastjet CEO commented, "this is an exciting moment for fastjet with this aircraft not only being the first that we have purchased but also that it marks a doubling in the size of our fleet over the past few months. I am particularly pleased that we have purchased this aircraft from BBAM who showed confidence in the Company by leasing the first aircraft to fastjet in 2012.

 

"This aircraft has been earmarked to be the first in the fastjet Zambia fleet and following reconfiguration and painting is expected to be flown to Lusaka, Zambia in early November."

 

The Company stated an intention to create a mixed fleet of leased and purchased aircraft at the time of the fundraising in April 2015.  fastjet was advised by SkyWorks Leasing in the purchase of this aircraft.

 

Note 1: "half life"("half-life" refers to the airframe, engines, auxiliary power unit, landing gear and all major components being half-way between major overhauls, inspections or performance restorations as appropriate; with any life-limited components, having 50% of their certified lives remaining )  market value for MSN 2891 as appraised by Ascend Flightglobal Consultancy, a leading provider of expert advisory and valuations services to the global aviation industry.

 

 

For more information, contact:

 

UK media – Citigate Dewe Rogerson	Tel: +44 (0) 20 7638 9571
Angharad Couch
Toby Moore
Nick Hayns
South African media – Tribeca Public Relations	Tel:  +27 (0) 11 208 5500
Cian Mac Eochaidh
Kelly Webster
For investor enquiries please contact:
Liberum Capital Limited – Nominated Adviser and Joint Broker	Tel:  +44 (0) 20 3100 2222
Clayton Bush
Christopher Britton
W.H. Ireland Ltd.- Joint Broker	Tel: +44 (0) 20 7220 1666
James Joyce
Mark Leonard
Sanlam Securities UK Limited – Joint Broker	Tel:  +44 (0) 20 7382 0922
Simon Clements Ken Williams

 

 

NOTES TO EDITORS

 

About fastjet plc

 

fastjet Plc is the holding company of the low cost airline fastjet which commenced flights under the fastjet brand in Tanzania in November 2012. By adhering to international standards of safety, quality, security and reliability; fastjet has brought a new flying experience to the African market at unprecedented low prices. Utilising its fleet of Airbus A319s, fastjet is implementing the low-cost model across Africa and its long-term strategy is to become the continent's first low-cost, pan-African airline.

 

The results of a customer satisfaction survey showed that 100% of customers were likely to recommend fastjet to a friend. In developing its strong brand and identity, fastjet has won and been nominated for a number of awards, including winning three Transform awards for the rebrand and launch of fastjet, the award for "Brand Strategy of the Year" at 2014's Drum Marketing Awards in London, and the Transport Innovator Award at the 8th Transport Africa Awards 2015 in Johannesburg.

 

fastjet plc is quoted on the London Stock Exchange's AIM market.

 

 

For more information see www.fastjet.com

 

This information is provided by RNS

The company news service from the London Stock Exchange

 

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RNS Number : 3225A

Pennant International Group PLC

28 September 2015

 

                                                                                                                                                                                                                                                                       

28 September 2015

Pennant International Group plc: New Contract Award

New £7million Landmark contract with major global aerospace and defence contractor

Pennant International Group plc ("Pennant"), the Aim quoted supplier of integrated logistic support solutions, products and services, principally to the defence, rail, aerospace and naval sectors and to Government Departments, is delighted to announce that its wholly owned subsidiary, Pennant Training Systems Limited, has been awarded a contract worth in excess of £7 million by a major global aerospace and defence contractor which is a new customer for Pennant. 

The contract includes further options which, if exercised will increase the total value to in excess of £9m over the life of the contract.

The contract is for the development of Computer Based Training and electro-mechanical Maintenance Trainers.

Pennant's CEO Chris Snook said "This is a milestone contract for Pennant with one of the world's largest aerospace and defence contractors and we very much look forward to working in partnership to jointly deliver a value for money training solution."

 

Enquiries:
Pennant International Group plc	www.pennantplc.co.uk
Phil Walker, CFO	+44 (0) 1452 714 914
Chris Snook, CEO	+44 (0) 1452 714 914
WH Ireland Limited	www.wh-ireland.co.uk
Mike Coe	+44 (0) 117 945 3470
Walbrook PR	Paul.vann@walbrookpr.com
Paul Vann / Tom Cooper	+44 (0)117 985 8989 Mob: +44 (0)7768 807631

 

This information is provided by RNS

The company news service from the London Stock Exchange

 

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RNS Number : 1573A

Plant Health Care PLC

25 September 2015

 

25 September 2015

 

 

 

PLANT HEALTH CARE plc

 

("Plant Health Care" or the "Company")

 

Plant Health Care Signs Third and Fourth Innatus™ 3G Agreements

 

Company Expanding R&D Capabilities and Expertise

 

Plant Health Care (AIM: PHC), a leading provider of novel patent-protected biological products to global agriculture markets, today announced that it has signed its third and fourth agreements with major industry players in the agricultural space regarding the evaluation of its Innatus™ 3G peptide platform. This technology platform enables the design, production and screening of a large pipeline of peptides with diverse biological properties. The peptides can be used for both seed treatment and foliar applications.  They can also be combined with conventional crop protection chemicals, making them highly complementary to existing production practices.

 

To enhance and accelerate the Company's unique capabilities in the field of PREtec science (Plant Response Elicitor technology), the Company has moved its Seattle-based research facility to a significantly larger installation, expanding its footprint to over four times its previous size. Furthermore, Plant Health Care has made two notable additions to its staff. The company recently hired Dr. Mariola Kopcinski as Director, Scientific Alliances. In this role, Dr. Kopcinski will be responsible for identifying technology in and out licensing opportunities and managing relationships with potential licensors and licensees. Dr. Kopcinski brings to PHC an extensive background in various research, product management and marketing roles. Most recently, she was the Global Strategic Marketing Director at FMC. Previously, Dr. Kopcinski held management positions at Syngenta, Valent BioSciences, DuPont and Rohm and Haas. She holds an MBA from the University of Rochester and a Ph.D. in Agriculture from Akademia Rolnicza im. Augusta Cieszkowskiego w Poznaniu.

 

Plant Health Care has also hired Dr. Guofu Li as a senior scientist. Most recently, he was a research scientist at DuPont Pioneer, formally Pioneer Hi-Bred. Previously, Dr. Li was with Sangamo BioSciences. He holds an MS in Agronomy from the University of the Philippines and a Ph.D. in Biology from Texas A&M University.

 

Paul Schmidt, CEO of Plant Health Care, commented, "Our continuing success in signing up major industry players to evaluate our Innatus 3G platform is a strong validation of the potential benefit our customers believe this technology can bring to the agricultural market. As we move forward with these evaluation agreements, we are continuing to build the development capability and expertise to support the expansion and eventual commercialization of this technology. The combination of expanding our R&D capabilities and adding key personnel like Dr. Kopcinski and Dr. Li to the team bolsters our position as a leading player in this market sector."

 

– ENDS –

For further information, please contact:

Plant Health Care plc

Paul Schmidt, Chief Executive Officer                                                    Tel: +1 (919) 926 1600

 

Liberum Capital – Nomad and Broker

Clayton Bush                                                                                                     Tel: +44 (0) 20 3100 2000

 

LHA

Ed McGregor / Jody Burfening                                                                  Tel: +1 (212) 838 3777

 

Company website: www.planthealthcare.com
 

 

About Plant Health Care:  Plant Health Care is a leading provider of novel patent-protected biological products to the global agriculture markets.  In this way, Plant Health Care is capitalising on long-term trends toward natural systems and biological products for plant care and soil and water management.  The Company's ordinary shares have been quoted on the AIM market of the London Stock Exchange since July 2004 (ticker symbol: PHC). 

This information is provided by RNS

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Neville Registrars is delighted to welcome Norman Hay plc as the newest addtion to its list of client companies.

Norman Hay plc is a global chemicals, sealants, surface coatings and engineering group with more than 60 years trading history. Further information can be found on the Company's website: http://www.normanhay.com/

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RNS Number : 7263Z

EU Supply PLC

22 September 2015

 

22 September 2015

EU Supply plc 

("EU Supply", the "Company" or "the Group")

 

Contract win & further Business Alerts roll-out

 

 

EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce that it has been awarded a contract with Departementenes sikkerhets- og serviceorganisasjon, ("DSS"), the Norwegian Central Government Service Centre. The contract allows DSS the right to use the Company's CTMTM platform for any tendering and contract management. 

 

The contract is for 2 years, with up to 2 years' optional extensions. It is expected to lead to adoption for certain procurement procedures across all central government departments. Initial adoption is estimated at 40 users and subsequently additional users within the Norwegian central government may adopt and use the Company's CTMTM platform for further tendering and for accessing contracts by the time the new EU Directives are expected to become effective in Norway. Pricing of the contract is dependent on the number of users.  

 

Business Alert services which were launched earlier this year in Norway have also now been launched in the United Kingdom.

 

FURTHER ENQUIRIES

EU Supply PLC Thomas Beergrehn, CEO Mattias Ström, CFO Westhouse Securities Tom Griffiths, David Coaten

Tel: 020 7127 4545                                Tel: 020 7601 6100

 

Notes to Editors

EU Supply is the UK holding company of the EU Supply Group, a Sweden-based e-commerce business, which has an established, market-leading, multilingual e-procurement platform for esourcing, e-tendering and contract management, tailored for the highly regulated European public sector market.

Since 2006, the Group has invested heavily in employing specialist programmers to add functionality, legal compliance as required and security features to its Complete Tender Management™ ("CTM™") platform to ensure that the Group is ideally placed to secure new contracts with EU Member States and their Contracting Authorities. The platform is available in 16 different languages.

The Directors believe that the Group's CTM™ platform is one of the easiest to use and most functionally advanced solutions available in the market. The CTM™ platform is used by over 7,000 European public sector bodies in 8 EU/EEC Member States and has National Procurement System status in four Member States (the UK, Ireland, Norway and Lithuania).

The Company's shares were admitted to trading on AIM in November 2013 when the Company raised £5.0 million before expenses. In July 2014, the Company raised a further £1.35 million by way of a placing of new ordinary shares, the proceeds of which were mainly used to strengthen the Company's balance sheet, provide working capital to support the growth of the business as it expands and aims to gain market share and to provide additional funds for sales and marketing.

This information is provided by RNS

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RNS Number : 5831Z

EU Supply PLC

21 September 2015

 

21 September 2015

EU Supply plc 

("EU Supply", the "Company" or "the Group")

 

Contract win 

 

EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce that it has been awarded a contract with a leading regulated water and wastewater network provider in the North West of England. The contract gives this customer the right to use the Company's CTMTM platform for Tender and Contract management. 

 

The contract is worth around £300,000 over a 5 year period, including implementations, licenses and support. The implementations are expected to be completed before 31 December 2015. The contract also includes options for the customer to purchase value added modules and to extend the contract for additional years.

 

This agreement increases the Company's footprint in the utility industry and is further confirmation of the CTMTM platform's competiveness in this industry.  

 

FURTHER ENQUIRIES

EU Supply PLC Thomas Beergrehn, CEO Mattias Ström, CFO Westhouse Securities Tom Griffiths, David Coaten

Tel: 020 7127 4545                                Tel: 020 7601 6100

 

Notes to Editors

EU Supply is the UK holding company of the EU Supply Group, a Sweden-based e-commerce business, which has an established, market-leading, multilingual e-procurement platform for esourcing, e-tendering and contract management, tailored for the highly regulated European public sector market.

Since 2006, the Group has invested heavily in employing specialist programmers to add functionality, legal compliance as required and security features to its Complete Tender Management™ ("CTM™") platform to ensure that the Group is ideally placed to secure new contracts with EU Member States and their Contracting Authorities. The platform is available in 16 different languages.

The Directors believe that the Group's CTM™ platform is one of the easiest to use and most functionally advanced solutions available in the market. The CTM™ platform is used by over 7,000 European public sector bodies in 8 EU/EEC Member States and has National Procurement System status in four Member States (the UK, Ireland, Norway and Lithuania).

The Company's shares were admitted to trading on AIM in November 2013. In August 2015, the Company raised a total of £1.353m (before expenses) through a placing of new shares and the issue of the first tranche of Convertible Loan Notes to institutional and other investors.

 

This information is provided by RNS

The company news service from the London Stock Exchange

 

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