Sabien Technology Group (SNT)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

 9.75p
   
  • Change Today:
      0.000p
  • 52 Week High: 13.75
  • 52 Week Low: 7.25
  • Currency: UK Pounds
  • Shares Issued: 23.63m
  • Volume: 1,906
  • Market Cap: £2.30m
  • RiskGrade: 6,154

Sabien gas-saving tech installed at Hampton Court Palace

By Josh White

Date: Wednesday 07 Feb 2024

LONDON (ShareCast) - (Sharecast News) - Sabien Technology Group announced the installation of its M2G Cloud Connect system at Hampton Court Palace on Wednesday.
The AIM-traded firm said M2G Cloud Connect, a cloud-enabled gas boiler energy-saving product, was implemented within the greenhouse boiler system at the historic site.

It said the system would offer real-time analysis of efficiency improvements and cost savings without requiring any alterations to the building's structure.

That was particularly advantageous for Hampton Court Palace, given its listed status, where preserving the integrity of the estate was paramount.

The board said the non-intrusive installation process aligned with Historic Royal Palaces' gas reduction objectives, enabling instant savings while maintaining the historical significance of the property.

Sabien said the deployment was the second instance of M2G Cloud Connect within Historic Royal Palace properties, following its implementation at the Tower of London.

"The Green Agenda is evolving - technological applications, such as M2G Cloud Connect, are now being deployed in settings which, only recently, would not have been considered capable of achieving efficiencies," said executive chairman Richard Parris.

"Thus, managing the energy transition need not be the preserve of the new build but can be effected in almost every part of the built environment.

"While the revenues from this installation will not substantially impact revenues in the current financial year, Sabien and M2G are pleased to be working with Historic Royal Palaces in this regard."

At 0852 GMT, shares in Sabien Technology Group were up 2.35% at 8.7p.

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.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SNT Market Data

Currency UK Pounds
Share Price 9.75p
Change Today 0.000p
% Change 0.00 %
52 Week High 13.75
52 Week Low 7.25
Volume 1,906
Shares Issued 23.63m
Market Cap £2.30m
RiskGrade 6,154

SNT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
73.96% below the market average73.96% below the market average73.96% below the market average73.96% below the market average73.96% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Price Trend
19.4% below the market average19.4% below the market average19.4% below the market average19.4% below the market average19.4% below the market average
35.14% above the sector average35.14% above the sector average35.14% above the sector average35.14% above the sector average35.14% above the sector average
Income Not Available
Growth
38.3% below the market average38.3% below the market average38.3% below the market average38.3% below the market average38.3% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average

SNT Dividends

  Latest Previous
  Interim Final
Ex-Div n/a 30-Oct-14
Paid n/a 28-Nov-14
Amount 0.000p 0.28p

Trades for 21-Nov-2024

Time Volume / Share Price
14:03 203 @ 9.85p
11:05 1,703 @ 9.50p

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