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May 3, 2024 · Source: Ecotricity (www.ecotricity.co.uk) UK green energy supplier Ecotricity has tabled a cash offer to buy all of Good Energy Group PLC (LON:GOOD), in which it already owns about 25.1%, for GBP 3.4 per share. The takeover offer values the target's share capital at GBP 59.5 million (USD 81.9m/EUR 69.5m) and is unchanged from what Ecotricity ...
Feb 11, 2022 · Good Energy Group (Good Energy) has fended off attempts from activist investor Ecotricity to oust its chairman and prevent the supplier from selling generation assets. Shareholders voted...
Aug 18, 2021 · Vince's Stroud-based firm already owns a 25 per cent stake in Good Energy. By Harry Wise For This Is Money. Updated: 13:47 EDT, 18 August 2021. View. comments. Renewable electricity supplier...
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Sep 17, 2021 · In a circular sent to Good Energy shareholders on Thursday (September 16), Ecotricity has now improved its offer to £4.00 per share. The bid is part of a proposed buyout worth around £70m, including the shares Ecotricity already owns in Good Energy, which amount to around 25%.
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Aug 16, 2021 · In making the bids, Ecotricity has cited Good Energy’s “deteriorated” finances, pointing to the 30% drop in its operating profits between 2019 and 2020. It says that Good Energy “does not have an effective plan for this competitive market and is in decline as a result.”
Jul 22, 2021 · Ecotricity currently holds 4.2 million Good Energy shares, representing 25% stake. The consideration payable under the offer will be funded out of Ecotricity's existing cash resources. "We firmly...
Jul 22, 2021 · Ecotricity already owns around a quarter (25.1 per cent) of Good Energy shares. Gloucestershire-based Ecotricity said the deal would allow the two companies to “create a green energy supply...
