(HYR) Hydrodec Group
Summary
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| Wed 14:25 | RNS |
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RNS Number : 6160W HydroDec Group plc 01 February 2012 01 February 2012
Hydrodec Group plc ("Hydrodec" or the "Company")
Director's dealing in securities
The Company has today received notification that Ian Smale, the new Chief Executive of Hydrodec, has today purchased 400,000 ordinary shares in the Company ("Shares") at 12.75p per Share. Mr Smale's total holding of 400,000 Shares represents 0.1 per cent. of the issued voting share capital of the Company.
For further information please contact:
Notes to Editors:
Hydrodec's technology is a proven highly efficient oil re-refining and chemical process which was initially targeted at the multi-billion US$ market for transformer oil used by the world's electricity industry and now supplies oil to several other industries. Hydrodec takes spent transformer oil, including polychlorinated biphenyl ("PCB") contaminated oil, as the primary feedstock, which is then processed at its two plants enabling 99 per cent or greater recovery of oil for reuse while also eliminating PCBs, a toxic additive banned under international regulations, without environmentally harmful emissions.
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 30-01-12 | RNS |
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RNS Number : 4001W HydroDec Group plc 30 January 2012 30 January 2012
Hydrodec Group plc (the "Company")
Directorate Change
The Board of Hydrodec Group plc, the cleantech industrial oil re-refining group (AIM:HYR), announces that John Gunn, Deputy Chairman, will step down from the Board with effect from 31 January, 2012 in order to devote more time to his other business interests.
Neil Gaskell, Chairman, said: "On behalf of the Board I would like to express our deep appreciation to John for his great contribution to Hydrodec over the past eight years. First as Chairman and latterly Deputy Chairman, his commitment to the growth of the Company and energy in leading it, especially through its early years, have been a crucial part of its current success. We shall all miss his contribution and wish him well in the future."
John Gunn said: "I am pleased to have played a part in the building of Hydrodec. I am sure the new expanded management team will develop Hydrodec's environmentally-sound and unique technology further into a strong global business, of which we can all be proud." For further information please contact:
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 25-01-12 | RNS |
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RNS Number : 1412W HydroDec Group plc 25 January 2012 25 January 2012
Hydrodec Group plc ("Hydrodec" or the "Company") Director's dealing in securities The Company was notified yesterday that Andrew Black, a non-executive director of Hydrodec, purchased 250,000 ordinary shares in the Company at 10.6p per share on 20 January 2012. Following the purchase Mr. Black holds 56,984,525 ordinary shares in the Company (13.9 per cent of the issued voting share capital). He also holds warrants to subscribe for 7 million ordinary shares.
For further information please contact:
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 18-01-12 | RNS |
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RNS Number : 8044V HydroDec Group plc 18 January 2012 18 January 2012
Hydrodec Group plc (the "Company")
Director's Dealings in Securities
The Company has today received notification that John Gunn, a non-executive director of the Company, has transferred by way of gift 500,000 ordinary shares in the Company ("Shares") to the Gunn Family Charitable Trust, of which he is a founder and trustee but non-beneficiary. The Company has also received notification that The 181 Fund Limited, a Jersey investment company, has sold 250,000 Shares at 10p per Share on 17 January and a further 750,000 Shares at 10.2p per Share today. Mr Gunn is taken to be interested in these sales, for the purposes of the AIM rules, through his and his family's shareholding in that company. Following the transfer Mr Gunn's beneficial holding of Shares is 4,537,500 (which represents approximately 1.1 per cent. of the issued voting Shares). Mr Gunn also has a beneficial interest in options over 3 million Shares and in £111,000 of the Company's convertible unsecured loan stock ("CULS"). In addition, following the transfer and the sales, Mr Gunn will be taken to be interested for the purposes of the AIM rules in a further 2,235,000 Shares and £99,000 of CULS by virtue of being a trustee (but non-beneficiary) of certain family and charitable trusts and in a further 4,899,249 Shares and £827,955 of CULS through his and his family's shareholding in The 181 Fund Limited.
For further information please contact:
This information is provided by RNS The company news service from the London Stock Exchange More |
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| Result Pages: 1 | ||||
| Date/Time | Subject | Author | ||
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| Mon 20:19 | ||||
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Hello fello Hydrodecers,
does anyone know if Hydrodec are members of Recycling Associations like http://www.noranews.org/ ? It certainly doesn't seem so. Nora have a meeting at the end of Feb (https://noranews.site-ym.com/?page=MemberDirinfo) - should a few of us chip in together and send Ian Smale and company a complementary ticket, with a cup of tea ? Well ok, he doesn't have to fly over (would be serious waste), but our manager of Canton could surely be attending. I believe Hydrodec should have stands at such meetings/trade fairs. it would give the market an insight into their product and also the opportunity to pick up on other business areas and to see what their competitors are doing. Hydrodec should be informing the public that they are presenting at such meetings - because we are not seeing such attendance, we can presume they are not attending and I simply don't understand why not, especially when we consider that they are about to start processing PCB oils. Where are our strategy men ? FunTech |
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| Fri 15:17 |
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Dont forget the trucks!!
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| Fri 15:10 | ||||
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Here is a really quick and dirty list of what I believe our CEO/COO should be doing - please feel free to make your own. I did it in about 2 mins and just intended to show there should be tasks with priorities ... because to be fair, we don't know what tasks/priorities they have and I'm just trying to highlight that they shouldn't be having cups of tea thinking about what to do ... of course if someone has better tasks/priorities, then please feel free to post. I want them to start building LOTS of plants ... QUICKLY ... permits permitting of course.
CEO : Setting Direction and ensuring people in place to do so Existing Plants 1. Ensure existing business is running efficiently with COO 2. Ensure existing business can contribute to future growth 3. Ensure technology is protected 4. Watching out for competitors/regulatory hurdles/government restrictions 5. Continuously monitoring market - watching refineries going bust and where possible buy and convert to Hydrodec ! Future Plants 1. Identifying new places/locations/countries to build plants 2. Ensuring that permits are either a) got before plant building or b) can be 100% guaranteed before building. 3. Getting Loans to build plants 4. Ensuring Project Teams getting ready COO : Operating the Business Existing Plants 1. Ensure running efficienly (i.e. no waste, no excess spending) 2. Ensure clients have easy and fast access 3. Ensure that plants have sufficient stock to fill capacity 4. Strict control of contaminated stock - reputation is very important for future permits 5. Ensure sales margin sufficient to at least cover costs 6. Maximise processing of PCB's 7. Getting lists of storage facilities with PCB oil 8. Getting lists of utility facility plans who are still producing PCB oil 9. Ensuring that if a utility plant is giving HYR its PCB oil, that it also agrees to give HYR its non-PCB contaminated oil (i.e. safeguard future) Future Plants 1. Ensure building new plants is on schedule and permits are in place 2. Ensure project teams do not meet any obstacle 3. Ensure future cash flow can meet future expectations to build additional plants FunTech. |
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| Fri 09:42 | ||||
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FunTech, thank you for your reply. I made no political comment and none was intended, and I would certainly not try to impress any political direction on any bulletin board. My concern is solely in my investment in Hydrodec, as I assume is the majority of posters here.
My polite question to you was directly related to Hydrodec since you seem to infer that the board has appointed a person with questionable abilities, while chosing to present this argument with phrases that seem to contradict this point, causing me some confusion. It is surely Mr Smale's negotiating abilities that the company is buying. |
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