MDM Engineering Group Limited

Entity type image
Type: Company
Name: MDM Engineering Group Limited
First reported Jun 03 2013 - Updated Jun 03 2013 - 1 reports

MDM announces termination of Sedgman merger and provides a trading update

MDM Engineering Group Limited (?MDM? or the ?Company?) (AIM: MDM), the minerals process and project management company focused on the mining industry, advises that it has today received a notice, from Sedgman Limited (?Sedgman?), of termination of the ... [Published Mbendi - Jun 03 2013]
First reported May 30 2013 - Updated May 31 2013 - 2 reports

MDM Engineering Rating Reiterated by Canaccord Genuity (MDM)

MDM Engineering (LON: MDM) MDM Engineering (LON: MDM) traded down 3.81% on Thursday, hitting GBX 139.00. MDM Engineering has a 52-week low of GBX 130.00 and a 52-week high of GBX 182.143. The stock?s 50-day moving average is currently GBX 141.0.MDM Engineering ... [Published American Banking News - May 31 2013]
First reported May 30 2013 - Updated May 30 2013 - 4 reports

MDM ENGINEERING GROUP LIMITED: Sedgman merger & trading update

Further to the announcement of 15 May 2013, MDM Engineering Group Limited ("MDM" or the "Company") (AIM: MDM), the minerals process and project management company focused on the mining industry, advises that it has today received a notice, from Sedgman ... [Published 4 Traders - May 30 2013]
First reported May 30 2013 - Updated May 30 2013 - 3 reports

MDM Engineering sees profit up, says merger off

StockMarketWire.com - MDM engineering Group said Sedgman Ltd has terminated the merger implementation agreement announced in November 2012, and that the proposed tie-up between the two companies will not proceed. MDM also said it expects to report full-year ... [Published Stock Market Wire - May 30 2013]
First reported May 30 2013 - Updated May 30 2013 - 1 reports

MDM Engineering sees profit up, says Sedgman

merger offSource: SMWStory provided by StockMarketWire.com ... [Published Telegraph - May 30 2013]
First reported Mar 13 2013 - Updated Mar 13 2013 - 1 reports

Merger Update

What would you like us to do with the funds you've selected MDM Engineering Group Limited ("MDM" or "the Company") (AIM: MDM), the minerals process and project management company focused on the mining industry, is pleased to confirm that approval for ... [Published TrustNet - Mar 13 2013]

Quotes

...breakthrough for Seeing Machines in establishing our technology in the mining industry," stated Terry Winters, Chairman of Seeing Machines . "The application of our technology in this market and our business alliance with Caterpillar are critical steps in the evolution of Seeing Machines ."
George Bennett, MDM Executive Director, commented: "It is disappointing that the merger will not proceed. However, the Board will continue to drive the business forward as well as consider alternative strategic growth opportunities and capital management initiatives to deliver value for shareholders. As can be seen from the unaudited results, the Company is performing well and MDM continues to see ongoing organic growth opportunities in our core markets on the African continent helped by strong relationships with our key clients. The Company's future is underpinned by its robust financial position."
...Clive Newitt, Managing Director of Eden commented: "… Now that we have passed this key milestone, we will be able to concentrate our efforts on getting products in to the market and maximising returns on the investment that we have made to date. I believe that this will not only be possible through the sale of agrochemicals using our actives, for which we will receive royalties, but also through sharing with third parties the wealth of data that we have generated for the approvals. Also, using our encapsulation technologies and know-how, we will now be able to expedite development and commercialisation in non-agrochemical sectors, such as human and animal health, where we know there is demand for effective, environmentally friendly products backed up by sound intellectual property protection, such as ours."

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All (15) | News (15) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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This week: More biomass fuel for AEG, OUT picke... [Published Proactive Investors.co.uk - Jun 05 2013]
MDM announces termination of Sedgman merger and... [Published Mbendi - Jun 03 2013]
MDM Engineering Rating Reiterated by Canaccord ... [Published American Banking News - May 31 2013]
MDM Engineering Stock Rating Reaffirmed by Cana... [Published Mideast Time - May 30 2013]
Market Movers - Top risers and fallers at 10:00 [Published MoneyAM - May 30 2013]
MDM ENGINEERING GROUP LIMITED: Sedgman merger &... [Published 4 Traders - May 30 2013]
MDM Engineering sees profit up, says merger off [Published Stock Market Wire - May 30 2013]
FLASH: MDM Engineering sees profit up, says Sed... [Published Stock Market Wire - May 30 2013]
MDM Engineering Gp : Sedgman Merger and Trading... [Published Investegate - May 30 2013]
MDM Engineering sees profit up, says Sedgman [Published Telegraph - May 30 2013]
SEDGMAN PULLS THE PIN ON MDM TAKEOVER [Published Mining Business Media - May 30 2013]
Sedgman scraps MDM deal as coal burns revenue [Published Australian Financial Review - May 30 2013]
Sedgman Ltd Not To Proceed With MDM Engineering... [Published Reuters UK - May 30 2013]
This week: E-sales bloom at BMY, energy flows t... [Published Proactiveinvestors United Kingdom RSS feed - May 22 2013]
Merger Update [Published TrustNet - Mar 13 2013]
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