Editor's Pick: Markets: The week that was (16-20/11/09)
(MPLE.L) Maple Energy PLC Buy/Sell
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| Date/Time | Headline | Source |
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| 19-11-09 | RNS |
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RNS Number : 8162C Maple Energy plc 19 November 2009 19 November 2009
MAPLE ENERGY PLC ("Maple" or the "Company") Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMR") or Connected Persons Maple Energy plc (AIM: MPLE; LIMA: MPLE), an integrated energy company with assets in Peru, announces today that on 18 November 2009 Mr. Rex Canon, the Company's Chief Executive Officer, satisfied the repurchase obligation of the sale and repurchase agreement (the "Agreement") announced on 24 April 2009. The Agreement was entered into with Credibolsa SAB, a regulated broker dealer in Peru, pursuant to which Mr. Canon sold 66,400 ordinary shares in the Company beneficially owned by Mr. Canon (the "Shares") at a price of $3.01 per ordinary share with an obligation to repurchase the Shares on or before 19 November 2009 at a price of $3.15 per ordinary share, or an aggregate repurchase price of $208,900, plus certain fees (the "Repurchase Price"). Following the repurchase of the ordinary shares as required by the Agreement, Mr. Canon beneficially owns 7,216,998 ordinary shares in the Company, or 8.1% of the outstanding share capital of the Company on a non-diluted basis. For further information, please contact: Maple Energy plc (+ 51 1 611 4000) Jack W. Hanks, Chairman of the Board and Executive Director Rex W. Canon, Chief Executive Officer, President and Executive Director Jefferies International Limited (+44 20 7029 8000) Jack Pryde Paul Wheeler Schuyler Evans Mirabaud Securities Ltd (+44 20 7321 2508) Peter Krens Rory Scott Citigate Dewe Rogerson (+44 20 7638 9571) Martin Jackson George Cazenove This information is provided by RNS The company news service from the London Stock Exchange END
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| 06-11-09 | RNS |
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RNS Number : 1484C Maple Energy plc 06 November 2009 06 November 2009
MAPLE ENERGY PLC ("Maple" or the "Company") Notification of Transactions By Directors and Persons Discharging Managerial Responsibility Shareholding Maple Energy plc (AIM: MPLE; LIMA: MPLE), an integrated energy company with assets in Peru, was notified that on 5 November 2009, Mr. Jack Hanks, Chairman of the Board and Executive Director, entered into a sale and repurchase agreement (the "Agreement") through the Lima Stock Exchange for the sale and repurchase of up to 169,230 ordinary shares beneficially owned by Mr. Hanks. Under the terms of the Agreement, Mr. Hanks will sell 169,230 ordinary shares at a price of $1.23 (74p*) per ordinary share, while assuming an obligation to repurchase such shares at a price of $1.24 (75p*) per ordinary share on or before 7 December 2009. Mr. Hanks used the proceeds from this transaction in conjunction with the proceeds from a previous sale and repurchase agreement closed on 29 October 2009, to fulfill his repayment obligations outstanding under an existing sale and repurchase agreement that became due on 5 November 2009 for 478,557 ordinary shares. Following the above dealings, and prior to the repurchase of such ordinary shares, Mr. Hanks will beneficially own 3,118,917 ordinary shares, or 3.5% of the outstanding share capital of Company on a non-diluted basis.
For further information, please contact: Maple Energy plc (+ 51 1 611 4000) Jack W. Hanks, Chairman of the Board and Executive Director Rex W. Canon, Chief Executive Officer, President and Executive Director Jefferies International Limited (+44 20 7029 8000) Jack Pryde Paul Wheeler Schuyler Evans Citigate Dewe Rogerson (+44 20 7638 9571) Martin Jackson George Cazenove About Maple Energy Maple is an integrated independent energy company, listed in London and Lima, with assets and operations in Peru engaging in numerous aspects of the energy industry, including:
Maple was admitted to AIM on 13 July 2007 and trades under the symbol "MPLE". The company was also admitted to the Lima Stock Exchange on 21 December 2007 where it trades under the same symbol. Operations Maple's operations are conducted and revenues are generated through its wholly-owned subsidiaries. Maple's principal operations consist of the following:
This information is provided by RNS The company news service from the London Stock Exchange END
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| 05-11-09 | AFX UK Focus |
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LONDON, Nov 5 (Reuters) - Maple Energy plc:
((London Equities Newsroom; +44 20 7542 7717)) (For more news, please click here)
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. More |
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| 05-11-09 | RNS |
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RNS Number : 9980B Maple Energy plc 05 November 2009 5 November 2009
MAPLE ENERGY PLC ("Maple" or the "Company") Maple Successfully Obtains US$30 Million Firm Commitment Equity Financing Maple Energy plc (AIM: MPLE; LIMA: MPLE), an integrated energy company with assets in Peru, has entered into a standby equity distribution agreement (the "SEDA") with YA Global Master SPV Ltd ("Yorkville"), an affiliate of Yorkville Advisors LLC, an international investment group headquartered in the United States. Yorkville has agreed to a firm commitment to subscribe for up to US$30 million of the Company's ordinary shares ("Ordinary Shares"), subject to the other terms and conditions within the SEDA (the "Firm Commitment"). The SEDA allows Maple to draw down funds in tranches - at its own discretion and for a period not to exceed 30 months - in exchange for the issue of new equity under the terms outlined in the appendices below. Furthermore, as part of the SEDA, Yorkville has also subscribed for 247,933 Ordinary Shares (the "Subscription Shares") at a purchase price of US$0.01 per Ordinary Share. Application has been made to the London Stock Exchange for the Subscription Shares to be admitted to trading on AIM. It is expected that admission will become effective and that trading will commence on 10 November 2009. Following the issue of the Subscription Shares, Maple's total issued ordinary share capital will be 89,494,987 Ordinary Shares. Maple has entered into the SEDA, and intends to use any proceeds generated as a means of raising additional working capital, including for the Ethanol Project, and for general corporate purposes. Concurrent with the execution of the SEDA, Yorkville entered into a share lending agreement ("Share Lending Agreement") with Maple's chief executive officer, Rex Canon, and Interline Enterprise S.L.U., which is beneficially owned by Carlos A. de la Guerra Sison, an executive director of the Company (the "Shareholders"), whereby Yorkville will borrow up to 819,672 Ordinary Shares from the Shareholders for the term of the SEDA. Rex Canon, CEO of Maple Energy, commented today: "We are very pleased to announce this firm commitment financing with Yorkville. The facility is entirely discretionary and can be drawn upon as required or desired giving Maple certainty and flexibility of funding. Furthermore, the capital can be accessed quickly and at attractive pricing enabling Maple to respond to new opportunities and funding requirements as and when they appear. As an integrated energy company, Maple has a wide range of interests and assets across Peru, including our exciting Ethanol Project, and we believe this new equity financing facility further strengthens our capital position as we seek to deliver on our strategy and enhance value for our shareholders." For further information, please contact: Maple Energy plc (+ 51 1 611 4000) Jack W. Hanks, Chairman of the Board and Executive Director Rex W. Canon, Chief Executive Officer, President and Executive Director Jefferies International Limited: (+44 20 7029 8000) Jack Pryde Paul Wheeler Schuyler Evans Citigate Dewe Rogerson (+44 20 7638 9571) Martin Jackson George Cazenove Appendices Terms and conditions of the SEDA Under the terms of the SEDA, subscriptions of Ordinary Shares by Yorkville will take place at timings and intervals and in quantities as determined in Maple's sole discretion, subject to certain limitations on the size of any individual subscription based upon the daily trading volume of Ordinary Shares on the Lima Stock Exchange (the "LME") and a maximum subscription amount not to exceed US$700,000 for any single subscription. The purchase price per Ordinary Share to be paid by Yorkville shall be calculated by taking the average of the three lowest daily volume weighted average prices of the Ordinary Shares on the LME during the five trading day period immediately after Maple notifies Yorkville of a subscription request, less a five point four per cent (5.4%) discount. The term of the SEDA shall extend for a period of 24 months from the first use of the SEDA by Maple or, if earlier, 30 months after the date of the SEDA. Maple may terminate the SEDA at any time during the term of the agreement, and may be obligated to do so upon request from Rex Canon, Chief Executive Officer of Maple, or Interline Enterprise S.L.U. pursuant to the terms of an agreement between the Company and these shareholders. In addition to the terms above, Yorkville is not permitted to short sell or enter into any hedging transactions in relation to Ordinary Shares (other than Ordinary Shares Yorkville may hold pursuant to the Share Lending Agreement), and will further not be required to subscribe for Ordinary Shares if such subscription would cause Yorkville's beneficial ownership of Ordinary Shares to exceed 2.99% of the issued Ordinary Shares (or 0.99% if Maple is in an "offer period" for purposes of the Irish Takeover Code). There are no new significant shareholders created by the issue of the Subscription Shares. In addition to the subscription of the Subscription Shares, Maple has agreed to reimburse Yorkville for certain of the fees and expenses of its advisers incurred in connection with the subscription of Ordinary Shares under the SEDA, subject to certain limitations. Further, The Maple Companies, Limited, a direct subsidiary of Maple, shall also make a success payment of US$300,000 to Yorkville following completion of the fifth subscription by Yorkville of Ordinary Shares under the SEDA. Share Lending Agreement Concurrent with the execution of the SEDA, Yorkville entered into a Share Lending Agreement with the Shareholders, whereby Yorkville will borrow up to 819,672 Ordinary Shares from the Shareholders for the term of the SEDA. The loaned shares are lent free of charge, and the Shareholders retain all rights to dividend or non-cash distributions in respect of the loaned shares during the term of the SEDA. Upon termination of the Share Lending Agreement, Yorkville will be obligated to redeliver any loaned shares, or an equivalent number of loaned shares, to the Shareholders within two days of such termination. Yorkville may also terminate the Share Lending Agreement and redeliver the loaned shares at any time at its sole discretion. Notwithstanding the Share Lending Agreement, Rex Canon and Carlos A. de la Guerra Sison, who holds his Ordinary Shares through Interline Enterprise S.L.U., hold 7,150,598 and 10,137,170 Ordinary Shares, respectively, or 8.0% and 11.3% of the issued share capital of the Company, on a non-diluted basis. About Yorkville Founded in January 2001, Yorkville specialises in providing flexible and cost-effective debt and equity financing to publicly listed companies worldwide. Yorkville has a broad investment mandate and the flexibility to invest across many geographies as well as sectors, including natural resources, technology media & telecommunication (TMT), healthcare, industrials and shipping. Yorkville has offices in Jersey City, New Jersey; Jupiter, Florida; London and Hong Kong. It also has joint venture agreements in Italy, Greece and Israel. About Maple Energy Maple is an integrated independent energy company, listed in London and Lima, with assets and operations in Peru engaging in numerous aspects of the energy industry, including:
Maple was admitted to AIM on 13 July 2007 and trades under the symbol "MPLE". The company was also admitted to the Lima Stock Exchange on 21 December 2007 where it trades under the same symbol. Operations Maple's operations are conducted and revenues are generated through its wholly-owned subsidiaries. Maple's principal operations consist of the following:
Forward-Looking Statements Statements contained in this document, particularly those regarding possible, projected, or assumed future performance and results, including growth outlook, forecasted economics, operations, production, contracting, costs, prices, earnings, returns, and potential growth, are or may include forward-looking statements. Such statements relate to future events and expectations and as such involve known and unknown risks and uncertainties. These risks and uncertainties include, among other things, market conditions, weather risks, economic and political risks, and other factors discussed in Maple's Admission Document available on the Company's website (www.maple-energy.com). Forward-looking statements are not guarantees of future performance or an assurance that Maple's current assumptions and projections are valid. Actual results, actions, and developments may differ materially from those expressed or implied by those forward-looking statements depending on a variety of factors. Furthermore, any forward -looking statements presented are expressed in good faith and are believed to have a reasonable basis as of the date of this release. These forward-looking statements speak only as at the date of this release, and Maple does not assume any obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise. This information is provided by RNS The company news service from the London Stock Exchange END
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| 12-11-09 | ||||
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Finance deal for Maple Energy
http://www.growthcompany.co.uk/news/1090222/finance-deal-for-maple-energy.thtml More | View thread (1) | Respond | Login to Vote up | Login to Vote down |
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| 31-10-09 | ||||
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I have recently started monitoring this company and see it has nosedived recently in terms of SP. The problem I have is finding research material on the company. Does anyone have anything to add/share? I have written to Mirabaud to see if they have any recently released material since they last published on in 2007.
Dom More | View thread (1) | Respond | Login to Vote up | Login to Vote down |
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| 13-10-09 |
BUY
CHAR
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Its all licences are renewed till end 2011. PB to start operations from next month.
See the link below, this guy has explained the CHAR potential better than I could: http://www.iii.co.uk/investment/detail?code=cotn%3AGKP.L&display=discussion&action=detail&id=5419409 "Another find, another GKP Two months back when I shared one of my finds GKP (trading 10p-14p that time), everyone marked me down but those who bought that time have nearly 10 bagged within two months. Here is another find, another GKP. In fact better than GKP in some aspects. This share is still in its 52 weekly lows & I wondered why its so low. If you look on LSE website for oil & gas sector companies, then CHAR is not shown under C, so mostly left by researchers. Also not mentioned at all by digital look on its list of companies, so mostly seems ignored or left out. On 8th June 2009, its share touched a 52 week low of 16p (offer) & it has almost remained there since then. See following about it: 1. Good management, debt free, cash rich 2. Underexplored area with oil seeping out from the ground. (last line, Page 5 of http://www.chariotoilandgas.com/chariot/investor_relations/reports_documents/2009/petrobas_09/petrobas_09_09.pdf) 3. Farmed out with Petrobras, Brazil, 6th biggest company of world. 4. still at 52 weekly lows 5. market cap nearly at present cash reserve (net cash of 26mln+) 6. cash reserve can increase by 100 mln (read RNS in next point & also read farm out agreement from its website www.chariotoilandgas.com) 7. It own share of oil around 4.09 billion BOE ( para 9 from top of http://www.londonstockexchange.com/exchange/prices-and-news/news/market-news/market-news-detail.html?announcementId=10180728) 8. Its share of oil is more than the oil attributable to GKP 9. Management recently stated that they have enough cash for exploration as well as production, so no fear of raising cash (3rd para from last of above link) 10. Only 141 mln shares in issue. 11. Safer place to work than middle east (hedge against Iran/middle east war) 12. Petrobras to start it operations from November 2009 (next month) 13. Huge oil reserves found in the nearby areas (see the map on the companys website www.chariotoilandgas.com)" More | View thread (1) | Respond | Login to Vote up | Login to Vote down |
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| 29-09-09 | ||||
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The Santa Rosa was obviously not a success although the shale gas may be a future possibility.
What do you guys believe the future prospects of this comapny are? Is it worth topping up / investing or would you wait? More | View thread (1) | Respond | Login to Vote up | Login to Vote down |
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They have not been approved or issued by Interactive Investor Trading Limited.
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