Beacon Energy NPV (BCE)

Sector:

Energy Producers

 0.048p
   
  • Change Today:
      0.000p
  • 52 Week High: 5.30
  • 52 Week Low: 0.048
  • Currency: UK Pounds
  • Shares Issued: 18,512m
  • Volume: 99,056,235
  • Market Cap: £8.79m

Beacon Energy extends exclusivity for possible Europe acquisition

By Josh White

Date: Monday 28 Nov 2022

LONDON (ShareCast) - (Sharecast News) - Beacon Energy announced a further extension to the exclusivity period for the possible acquisition of an unnamed European oil and gas company on Monday.
The AIM-traded firm announced on 9 September that it had entered into a non-binding heads of terms for the acquisition of a "European oil and gas company".

It said on Monday that the previously-agreed exclusivity extension period would be further extended to 12 December, from 28 November.

"The parties continue to work diligently towards concluding a definitive agreement and will update the market accordingly," the board said in its statement.

"The potential acquisition would be considered a reverse transaction under the AIM rules, and is therefore subject to the issue of a new AIM admission document that would set out details of the potential acquisition and convene a general meeting of the company to obtain shareholder approval."

Beacon's shares were temporarily suspended from trading on 9 September on announcement of the potential acquisition, and would remain so until Beacon shareholders approved the potential acquisition following the publication of the associated admission document.

"It should be noted there is no certainty that the potential acquisition, or any transaction, will take place."

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

BCE Market Data

Currency UK Pounds
Share Price 0.048p
Change Today 0.000p
% Change 0.00 %
52 Week High 5.30
52 Week Low 0.048
Volume 99,056,235
Shares Issued 18,512m
Market Cap £8.79m

BCE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
10.85% above the market average10.85% above the market average10.85% above the market average10.85% above the market average10.85% above the market average
81.58% below the sector average81.58% below the sector average81.58% below the sector average81.58% below the sector average81.58% below the sector average
Value
10.85% above the market average10.85% above the market average10.85% above the market average10.85% above the market average10.85% above the market average
81.58% below the sector average81.58% below the sector average81.58% below the sector average81.58% below the sector average81.58% below the sector average
Income Not Available
Growth Not Available

BCE Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:08 3,960,200 @ 0.050p
16:06 24,150 @ 0.050p
15:45 2,008,084 @ 0.050p
15:31 2,000,000 @ 0.050p
14:11 2,016,129 @ 0.050p

BCE Key Personnel

CEO Larry Bottomley
CFO Stewart Macdonald

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