• SGX announcement by Noble Group: Disposal of Watt Power subsidiaries

    NOBLE GROUP LIMITED
    (Incorporated in Bermuda with limited liability)
    NOTIFICATION ON SUBSIDIARIES
    Noble Group Limited ("Company") wishes to announce that on 6 December 2016, the Company’s 75%-owned subsidiary, Watt Power Limited ("Watt Power"), has disposed of its entire 100% equity interests ("Disposal") in each of the following power development companies, all incorporated in the United Kingdom, to Drax Developments Limited, a subsidiary of Drax Group plc, for an initial consideration of approximately US$23.5 million ("Initial Consideration") with additional consideration payable dependent on the clearing price in future UK capacity market auctions of up to a maximum of approximately US$91.6 million ("Contingent Consideration"). Shareholders should note that the quantum of the Contingent Consideration payable will depend on the outcome of the UK capacity market auctions during the period 2016 to 2020 and the actual quantum paid may be significantly lower than the stated maximum quantum. The Disposal will also result in outstanding bid and other security of approximately US$7.2 million ("Security Amount") being returned to Watt Power:

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  • SGX Announcement by Noble Group: Closing of the Disposal of Noble Americas Energy Solutions



    NOBLE GROUP LIMITED
    (Incorporated in Bermuda with limited liability)

    PROPOSED DISPOSAL OF ALL THE UNITS OF NOBLE AMERICAS ENERGY SOLUTIONS LLC AND PROPOSED ASSIGNMENT OF A CONTRACT

    Unless otherwise defined, all terms used herein shall bear the same meaning as in the Announcement (as defined below) and the circular to shareholders dated 18 October 2016 issued by Noble Group Limited ("NGL") relating to the Proposed Disposal (as defined below).

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  • Noble Group to Report 2016 Nine Months Financial Results on 10 November 2016

    4 November 2016 Hong Kong Noble Group Limited (SGX: N21), a global supply chain manager of industrial and energy products, today announced that it will report its financial results for the nine months ended 30 September 2016 on 10 November 2016.

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  • Terracom's Mongolian offake with Kingho Group

    18 October 2016

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  • ASX Announcement by Resgen: Boikarabelo Development Timetable

    14 October 2016

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