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(ACTA.L) ACTA SpA Buy/Sell
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| Date/Time | Headline | Source |
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| 03-03-10 | RNS |
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RNS Number : 9756H Acta S.p.A. 03 March 2010 Press Release 3 March 2010 Acta S.p.A. ("Acta" or "the Company") Sumitomo Corporation Distribution Agreement Acta, the provider of clean energy products and environmental catalysts, announces that the Company and Sumitomo Corporation, Acta's strategic partner and 10% shareholder, have agreed a new distribution arrangement for Acta's products. Whilst Sumitomo Corporation will continue as Distributor of Acta's catalyst products to the Japanese automotive and industrial sectors, the current exclusive distribution agreement for the broader Asian region was terminated by mutual consent on 2 March 2010. The new arrangement will allow Acta to sell its hydrogen generators and related product range into the wider Asian market through alternative distribution channels, including direct sales. This two-channel distribution strategy will assist Acta to coordinate the distribution network for its hydrogen generator product range by sector and application, without losing the valuable support of Sumitomo in relation to the distribution of advanced catalysts for large scale automotive and industrial applications. Sumitomo has confirmed that it will remain as a shareholder of Acta, and does not intend to reduce its shareholding in the Company from the current level. Paolo Bert, Chief Executive, commented: "We continue to be grateful to our friends at Sumitomo Corporation for their guidance and support as our business grows. We are bringing new and unique products to the market, and this has required the development of distribution channels and agreements which will best support the success of these products. We will continue to rely on the assistance of Sumitomo to pursue our shared ambitions in the Japanese automotive sector, and we thank them for their continued support as our partner and largest external shareholder."
For further information please contact:
Acta S.p.A:
Charles Stanley Securities
(Nominated Adviser):
Media enquiries:
Abchurch Communications Limited
Notes to Editors Acta S.p.A. is a developer and manufacturer of a broad range of renewable energy and related products. Its product line includes a range of compact hydrogen generators as well as various portable, mobile and backup fuel cell devices that can make use of locally generated hydrogen in UPS, marine, automotive, electric cycling, scooter, camping and domestic applications. The Company's broader interests include a range of environmental catalysts and solar power projects. Acta's cost-competitive products are based on its proprietary, inexpensive environmental catalyst and hydrogen conversion technologies. These products help overcome the barriers to the adoption of fuel cells, most notably the lack of a local hydrogen infrastructure. Acta's low-cost hydrogen generators represent a unique breakthrough in electrolyser technology. They can operate using mains power or intermittent renewable energy, and produce clean, dry hydrogen already at pressure for use in fuel cell and other applications. This unique combination of features avoids the system complexity and energy cost of further cleaning, drying and compression of the hydrogen, resulting in a simple, compact, low-cost and highly efficient system that is ideally suited for energy conversion and storage applications. In such applications, which include battery replacement and renewable energy storage, low cost and high efficiency are critical to commercial viability, while hydrogen compression is essential for the energy density of the system. No other water electrolyser currently on the market offers this combination of benefits. Acta is focusing on delivering its products to markets with high volume demand for high-value environmental solutions (transport, UPS, energy and leisure). It is accelerating the commercialisation of its products via partnerships with original equipment manufacturers (OEMs), distributors, and agents in these sectors, and intends to drive down production costs at high volume via contract manufacturing. Acta is marketing its product range to early adopters through its energy products division, Acta Energy. This division's objective is to ensure, through facilitating the widespread adoption of commercial and domestic fuel cell products, that Acta's hydrogen generator becomes a familiar industrial and domestic appliance. Acta S.p.A. was admitted to trading on AIM in October 2005. It is based near Pisa, Italy, from where it manages a growing overseas distributor network targeting a global fuel cell market estimated to be worth US$26 billion by 2020. This information is provided by RNS The company news service from the London Stock Exchange END
AGRLLFFDVFIFIII More |
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| 15-02-10 | RNS |
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RNS Number : 1098H Acta S.p.A. 15 February 2010 Press Release 15 February 2010 Acta S.p.A. ("Acta" or "the Company") Hydrogen Generator wins First Place in Qualitec Technology Award 2010 Acta, the provider of clean energy products and environmental catalysts, is delighted to announce that its EL100 Hydrogen Generator has won the prestigious Qualitec Technology Award 2010 at the international Seatec trade exhibition for boats, yachts and ships. The award recognises innovation in the nautical sector. The Seatec exhibition, which ran from 10 to 12 February, is Italy's leading nautical and marine supplies exhibition attracting thousands of visitors and exhibitors. The Company exhibited its hydrogen generator coupled with a 1KW fuel cell power generator used to power an electric outboard motor. The technical judges of the Qualitec panel selected Acta's hydrogen generator for its innovation, low cost and environmental profile, three features which were judged to promote the nautical sector's aspirations for sustainability and zero environmental impact. This award represents significant industry recognition for Acta, whose inexpensive hydrogen conversion technologies are making fuel cell applications more practical and accessible for everyday use. The EL100 Hydrogen Generator is a simple, compact, low-cost and highly efficient system which is ideal for markets with high volume demand for reliable, local energy, including marine, light transport, UPS and domestic and commercial power. Acta shared the First Place award with Volkswagen for their introduction of a new marine propulsion system. Paolo Bert, Chief Executive, commented: "It is a great honour for our unique hydrogen generator to have won the Qualitec Technology Award and we have been delighted with the commercial and technical feedback that it has received. 2010 is going to be a very exciting year for Acta and this award is a huge acknowledgement of what we have achieved to date. We believe that this product is ideally suited for the nautical sector, as well as for UPS systems, energy-independent homes, automotive accessories, consumer applications, and others. The award and recognition will be valuable to Acta as we continue with commercialisation of the technology in the coming year."
For further information please contact:
Acta S.p.A:
(Nominated Adviser): Russell Cook / Freddy Crossley
Media enquiries:
Abchurch Communications Limited
Justin Heath / Monique Tsang / Hannah Sharman Tel: +44 (0) 20 7398 7725
Notes to Editors Acta S.p.A. is a developer and manufacturer of a broad range of renewable energy and related products. Its product line includes a range of compact hydrogen generators as well as various portable, mobile and backup fuel cell devices that can make use of locally generated hydrogen in UPS, marine, automotive, electric cycling, scooter, camping and domestic applications. The Company's broader interests include a range of environmental catalysts and solar power projects. Acta's cost-competitive products are based on its proprietary, inexpensive environmental catalyst and hydrogen conversion technologies. These products help overcome the barriers to the adoption of fuel cells, most notably the lack of a local hydrogen infrastructure. Acta's low-cost hydrogen generators represent a unique breakthrough in electrolyser technology. They can operate using mains power or intermittent renewable energy, and produce clean, dry hydrogen already at pressure for use in fuel cell and other applications. This unique combination of features avoids the system complexity and energy cost of further cleaning, drying and compression of the hydrogen, resulting in a simple, compact, low-cost and highly efficient system that is ideally suited for energy conversion and storage applications. In such applications, which include battery replacement and renewable energy storage, low cost and high efficiency are critical to commercial viability, while hydrogen compression is essential for the energy density of the system. No other water electrolyser currently on the market offers this combination of benefits. Acta is focusing on delivering its products to markets with high volume demand for high-value environmental solutions (transport, UPS, energy and leisure). It is accelerating the commercialisation of its products via partnerships with original equipment manufacturers (OEMs), distributors, and agents in these sectors, and intends to drive down production costs at high volume via contract manufacturing. Acta is marketing its product range to early adopters through its energy products division, Acta Energy. This division's objective is to ensure, through facilitating the widespread adoption of commercial and domestic fuel cell products, that Acta's hydrogen generator becomes a familiar industrial and domestic appliance. Acta S.p.A. was admitted to trading on AIM in October 2005. It is based near Pisa, Italy, from where it manages a growing overseas distributor network targeting a global fuel cell market estimated to be worth US$26 billion by 2020. www.acta-nanotech.com www.actaenergy.it Seatec 8th International Exhibition Seatec, the 8th International Exhibition of technology, subcontracting and design for boats, megayachts and ships, is the only exhibition in Italy exclusively focused on boatyards and shipyard suppliers. It is a unique event in Europe for professionals to meet and establish business connections. The exhibitors are companies involved in the production of components, equipment, mechanical parts, raw materials, third party works, design and services for the marine industry. The prestigious Qualitec Technology award is dedicated to the Seatec exhibitors with the best product or service shown at Seatec 2010. The Seatec 2009 exhibition attracted over 11,000 visitors and nearly 1,000 exhibitors. Further details may be found at www.sea-tec.it. This information is provided by RNS The company news service from the London Stock Exchange END
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| 02-02-10 | RNS |
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RNS Number : 4918G Acta S.p.A. 02 February 2010 Press Release 2 February 2010 Acta S.p.A. ("Acta" or "the Company") Trading Update Acta, the provider of clean energy products and environmental catalysts, issues the following trading update today for the year to 31 December 2009. The preliminary results are expected to be announced on Thursday 25 March 2010. Commercial and Technical Review During January 2010 Acta has shipped the Company's first hydrogen generators and power generators to distributors for testing and demonstration purposes, and has received encouraging technical and commercial feedback. Following the strong level of demand for distribution rights that the Company received through its trade fair programme in November and December 2009, fifteen European distributors have been selected to cover key sectors and applications. Product samples are now being shipped to these distributors, and framework distribution agreements will be concluded over the next three to six months, giving the Company access to a wide distribution network into key early-adopter sectors such as leisure (nautical and camping), UPS and automotive accessories (fuel saving and emission reduction). The current level of product demand has exceeded management's expectations, and the Company is now implementing a program to increase production facilities and supply chain capacity to meet this demand. The Company's production strategy, incorporating subcontract manufacture of components and internal assembly and quality control of finished products, minimises the investment requirements and timeframe needed to achieve commercial production levels. A production capacity of 100 units per month is planned by the end of 2010, and thereafter the Company intends to use the processes and experience gained during this year to increase production capabilities up to breakeven volume capacity by mid-2011, to be financed from existing resources. Acta has also continued to pursue partnerships and opportunities in the Italian photovoltaic installation sector. This activity aims to complete the Company's renewable energy value chain, from solar or wind source, through compressed hydrogen generation from intermittent power, to end user products (consumer applications, energy independent homes, etc). The Italian market is currently attracting a high level of PV installation investment interest, and the Company is hopeful of announcing concrete progress in these activities in due course. Financial Review During 2009 Acta has benefitted from the cost reduction programme introduced in late 2008 and pursued through the last year, with significant overhead savings compared to 2008 levels. The growth of new commercial activities in 2010 will require cost commitments in new staff and sales and marketing activities, and modest investments in production capacity, and these will be carefully managed from within the Company's existing financial resources. Paolo Bert, Chief Executive, commented: "2009 saw the start of a substantial transition in the Company's commercial strategy and market positioning, based upon the exceptional opportunities that we see for our unique hydrogen generator product range. During 2010 we will be focusing on bringing these products through to full commercial operations, while continuing to pursue the wider opportunities from solar to fuel cells available to us in the renewable energy and clean technology sectors."
For further information please contact:
Acta S.p.A:
Charles Stanley Securities (Nominated Adviser): Tel: +44 (0) 20 7149 6000 Russell Cook / Freddy Crossley
Media enquiries:
Abchurch Communications Limited
Justin Heath / Monique Tsang / Hannah Sharman Tel: +44 (0) 20 7398 7712
Notes to Editors Acta S.p.A. is a developer and manufacturer of a broad range of renewable energy and related products. Its product line includes a range of compact hydrogen generators as well as various portable, mobile and backup fuel cell devices that can make use of locally generated hydrogen in UPS, marine, automotive, electric cycling, scooter, camping and domestic applications. The Company's broader interests include a range of environmental catalysts and solar power projects. Acta's cost-competitive products are based on its proprietary, inexpensive environmental catalyst and hydrogen conversion technologies. These products help overcome the barriers to the adoption of fuel cells, most notably the lack of a local hydrogen infrastructure. Acta's low-cost hydrogen generators represent a unique breakthrough in electrolyser technology. They can operate using mains power or intermittent renewable energy, and produce clean, dry hydrogen already at pressure for use in fuel cell and other applications. This unique combination of features avoids the system complexity and energy cost of further cleaning, drying and compression of the hydrogen, resulting in a simple, compact, low-cost and highly efficient system that is ideally suited for energy conversion and storage applications. In such applications, which include battery replacement and renewable energy storage, low cost and high efficiency are critical to commercial viability, while hydrogen compression is essential for the energy density of the system. No other water electrolyser currently on the market offers this combination of benefits. Acta is focusing on delivering its products to markets with high volume demand for high-value environmental solutions (transport, UPS, energy and leisure). It is accelerating the commercialisation of its products via partnerships with original equipment manufacturers (OEMs), distributors, and agents in these sectors, and intends to drive down production costs at high volume via contract manufacturing. Acta is marketing its product range to early adopters through its energy products division, Acta Energy. This division's objective is to ensure, through facilitating the widespread adoption of commercial and domestic fuel cell products, that Acta's hydrogen generator becomes a familiar industrial and domestic appliance. Acta S.p.A. was admitted to trading on AIM in October 2005. It is based near Pisa, Italy, from where it manages a growing overseas distributor network targeting a global fuel cell market estimated to be worth US$26 billion by 2020. www.acta-nanotech.com www.actaenergy.it This information is provided by RNS The company news service from the London Stock Exchange END
TSTDFLFBBLFLBBF More |
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| 20-01-10 | RNS |
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RNS Number : 8008F Acta S.p.A. 20 January 2010 20 January 2010 Acta S.p.A. Director/PDMR Shareholding Acta S.p.A (the "Company") announces today that, following the recommendation of the Remuneration Committee, on 19 January 2009 the Board approved the following grants of options over the Ordinary Shares of the Company to the Directors pursuant to the 2010 Share Option Scheme (the "Options"). The grant of the Options is conditional upon approval by the shareholders at the Shareholders' Meeting. The table below states the number of Options granted to the Directors under the 2010 Option Scheme, together with the total number of options available to each Director following the grant of Options.
Details of the 2010 Share Option Scheme are as follows: The exercise price of the Options is 15.0p per share, representing a premium of 7% over the closing mid-market price of 14.0p on 18 January 2010. The Options will vest two years after the date of their approval at the Shareholders' Meeting, and may be exercised within four years of vesting. Other conditions of vesting, exercise and expiry of the Options are as determined by the Share Option Scheme Rules approved by the shareholders on 5 September 2007.
For further information please contact:
Acta S.p.A
Nominated Adviser Russell Cook / Freddy Crossley Notes to Editors About Acta Acta develops and manufactures clean technology products and unique patented catalysts which have been launched to the renewable energy, automotive, battery and industrial markets. Acta is also developing other commercial opportunities using its catalysts for industrial waste treatment. Acta's catalysts and alkaline system know-how are at the heart of the Company's development of a new, high pressure water electrolyser technology which has demonstrated low cost, platinum free, high pressure hydrogen generation. Combined with a platinum free fuel cell, the system offers a solution to the problem of how to store surplus energy produced from large scale, intermittent renewable energy sources (eg wind farms). In addition, the low cost, small size and simplicity of the hydrogen generator makes it ideally suited as a recharger of commercial fuel cell applications (fuel cell bikes, electrical generators, UPS systems, etc). Acta's catalysts are also undergoing customer tests in applications such as ammonia treatment (removal of ammonia from an industrial waste stream), and zinc-air batteries (a high performance and environmentally friendly battery technology), as well as fuel cell and other applications. This information is provided by RNS The company news service from the London Stock Exchange END
RDSMMGMMVLMGGZM More |
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encourging buys today @ 14.25p +, also a £14k which shows as a sell but im not too sure. RSI and MACD are showing an upward break in next few days which i intend to take part in !!
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Got out of this share a while ago, but thought this article might be of interest - weren't Sumitomo a big investor in Acta?
http://www.tradingmarkets.com/news/stock-alert/ssumf_sumitomo-u-k-firm-to-team-on-lower-cost-pem-fuel-cells-810503.html |
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| 27-02-10 | ||||
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Acta document posted www.share-exchange.com has been updated recently I see
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They have not been approved or issued by Interactive Investor Trading Limited.
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