The Teg Group

Type: Company
Name: The Teg Group
First reported Oct 14 2014 - Updated Oct 15 2014 - 2 reports

Gyllenhammar to take 38.9% stake in Superglass

Activist investor Peter Gyllenhammar is set to take a 38.9 per cent stake in Superglass, the Stirling-based insulation maker, which today unveiled plans for a £6.25 million share placing.The firm said it had considered selling its main trading subsidiary ... [Published NewsRT.co.uk - Oct 14 2014]
First reported Sep 30 2014 - Updated Oct 01 2014 - 3 reports

Losses widen at TEG Group

A difficult period for TEG Group's engineering, procurement and construction contracts (EPC) division has led to revenue dropping and widening losses at the Chorley-based company.Revenue for the six months ending 30 June 2014 was £5.6m, compared to the ... [Published Insider Media Limited - Oct 01 2014]
First reported Sep 30 2014 - Updated Sep 30 2014 - 1 reports

FTSE falls on retailers, financials amid interims tornado

StockMarketWire.com - FTSE indices closed down after a breath-taking tornado of interim results swamped the City, with retail-related, financial and a mixed bag of other stocks providing scarcely compelling cue. Wall St eased. At the close, the FTSE 100 ... [Published Stock Market Wire - Sep 30 2014]
First reported Sep 23 2014 - Updated Sep 23 2014 - 1 reports

Wireless Energy Harvesting Opens Market for Devices on the Internet of Things – and PLM Helps it Grow

As many “things” on the Internet of Things become smaller, more mobile and even wearable, they proliferate in the billions. The opportunities are immense, but in a world market with hugely diverse suppliers and users, an appropriately scaled product life ... [Published RTC Magazine - Sep 23 2014]
First reported Sep 09 2014 - Updated Sep 09 2014 - 2 reports

TEG Group upbeat as operational business continues momentum

Success already seen at TEG Group's ( LON:TEG ) recent Hillbarton acquisition speaks volumes about the green energy firm's current momentum and potential. TEG has faced various challenges over the last year but the operational side of the business continues ... [Published Proactiveinvestors United Kingdom website - Sep 09 2014]
First reported Jul 04 2014 - Updated Jul 04 2014 - 1 reports

Proactive news summary: Chariot Oil, e-Therapeutics, IPSA, European Wealth, Noricum, North River ...

Funding issues are never far from the top of the agenda for growth companies, and it is always a relief when a company puts money issues to bed. North River Resources ( LON:NRRP ) advanced strongly after it secured equity funding of up to US$12mln ... [Published Proactiveinvestors United Kingdom RSS feed - Jul 04 2014]
First reported Jul 04 2014 - Updated Jul 04 2014 - 1 reports

Friday's movers - North River Resources, Noricum Gold, Chariot Oil & Gas and Xcite Energy

As the headache after yesterday's advances seemed to be kicking in, FTSE 100 was off around six points. Yesterday, saw it make strong gains as US non-farm payroll numbers beat expectations but today, it was muted as as the US markets are closed for ... [Published Proactiveinvestors United Kingdom RSS feed - Jul 04 2014]
First reported May 22 2014 - Updated May 22 2014 - 1 reports

Proactive news summary: Anglo Asian, Andes Energia, Bushveld, Fastnet, Galasys, Nostra Terra ...

We start with a Latin America focus; might as well get in early before all the World Cup hoop-la starts. Andes Energia ( LON:AEN ), the only London-listed firm with exposure to Argentine shale, was boosted by the news that US major ExxonMobil has ... [Published Proactiveinvestors United Kingdom website - May 22 2014]
First reported May 22 2014 - Updated May 22 2014 - 1 reports

TEG Group adds to boardroom

Biomass specialist TEG Group ( LON:TEG ) has appointed Steve Morrison, the representative of major shareholder Bridges Ventures, and group managing director Fergus Healey to its board. Morrison is a partner and chief operating officer at Bridges Ventures ... [Published Proactiveinvestors United Kingdom RSS feed - May 22 2014]

Quotes

...8m with Close Brothers , replacing an existing arrangement with Clydesdale Bank .Chairman John Colley said: "The company continues to be well placed to benefit from any resurgence in market volumes and the efficiencies from its ongoing capital investment programme. The board looks forward to welcoming a representative of Mr Gyllenhammar to the board in due course." Superglass shares closed down 4p, or 41 per cent, at 5.75p
"The board recognises the group remains at risk unless that is achieved but on the basis that such funding can be secured, the board is confident that the group has a positive future as a larger and more profitable operating company."
"The Board believes the Operations division of the Group offers sustainable and predictable revenues and therefore represents the future value of the Group. Its performance over recent years has been encouraging and it has developed into one of the strongest performers in the sector. The Board believes it should therefore focus future efforts and resources on the growth of this division through the development of AD plants on Group sites, possible refinancing of associated interests and through value enhancing acquisitions. This strategy will reduce the reliance on the unpredictable and lumpy cash flows associated with contracts in the EPC division."
"We bought it (Hillbarton) for a pound and the assets are worth a million so potentially not a bad deal for us" said TEG chief executive Mick Fishwick, referring to the nominal figure paid to Glendale Recycling

More Content

All (16) | News (14) | Reports (0) | Blogs (2) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Superglass : Gyllenhammar set to take stake in ... [Published 4 Traders - Oct 15 2014]
Gyllenhammar to take 38.9% stake in Superglass [Published NewsRT.co.uk - Oct 14 2014]
Gyllenhammar to take 38.9% stake in Superglass [Published The Scotsman - Oct 14 2014]
Losses widen at TEG Group [Published Insider Media Limited - Oct 01 2014]
FTSE falls on retailers, financials amid interi... [Published Stock Market Wire - Sep 30 2014]
TEG Group considers options over engineering arm [Published Proactive Investors.co.uk - Sep 30 2014]
TEG losses widen [Published MoneyAM - Sep 30 2014]
Wireless Energy Harvesting Opens Market for Dev... [Published RTC Magazine - Sep 23 2014]
TEG Group upbeat as operational business contin... [Published Proactiveinvestors United Kingdom website - Sep 09 2014]
TEG Group looking for green shoots as operation... [Published Proactiveinvestors United Kingdom RSS feed - Sep 09 2014]
Proactive news summary: Chariot Oil, e-Therapeu... [Published Proactiveinvestors United Kingdom RSS feed - Jul 04 2014]
Friday's movers - North River Resources, Noricu... [Published Proactiveinvestors United Kingdom RSS feed - Jul 04 2014]
Proactive news summary: Anglo Asian, Andes Ener... [Published Proactiveinvestors United Kingdom website - May 22 2014]
TEG Group adds to boardroom [Published Proactiveinvestors United Kingdom RSS feed - May 22 2014]
TEG Biogas Opens for Business [Published TrustNet - Apr 24 2014]
Board Changes [Published TrustNet - Mar 31 2014]
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sort by: Date | Relevance
TEG Group upbeat as operational business contin... [Published Proactiveinvestors United Kingdom website - Sep 09 2014]
Success already seen at TEG Group's ( LON:TEG ) recent Hillbarton acquisition speaks volumes about the green energy firm's current momentum and potential. TEG has faced various challenges over the last year but the operational side of the business continues ...
Proactive news summary: Anglo Asian, Andes Ener... [Published Proactiveinvestors United Kingdom website - May 22 2014]
We start with a Latin America focus; might as well get in early before all the World Cup hoop-la starts. Andes Energia ( LON:AEN ), the only London-listed firm with exposure to Argentine shale, was boosted by the news that US major ExxonMobil has ...
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