Last 7.88 GBp
Change Today 0.00 / 0.00%
Volume 100.0K
As of 11:35 AM 09/22/14 All times are local (Market data is delayed by at least 15 minutes).

ncondezi energy ltd (NCCL) Snapshot

7.88 GBp
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7.88 GBp
Day High
7.88 GBp
Day Low
7.88 GBp
52 Week High
11/4/13 - 9.90 GBp
52 Week Low
04/1/14 - 4.88 GBp
Market Cap
Average Volume 10 Days
-0.06 GBp
Shares Outstanding
Dividend Yield
Current Stock Chart for NCONDEZI ENERGY LTD (NCCL)

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ncondezi energy ltd (NCCL) Details

Ncondezi Energy focuses on the development of thermal power plant project in northern Mozambique. It also owns 100% interest in the Ncondezi project that is located in the Zambezi coal basin in the Tete province, Mozambique, which covers an area of approximately 38,700 hectares in the Zambezi coal basin. The company was formerly known as Ncondezi Coal Company Limited and changed its name to Ncondezi Energy in July 2013. Ncondezi Energy was incorporated in 2006 and is based in Road Town, the British Virgin Islands.

46 Employees
Last Reported Date: 05/20/14
Founded in 2006

ncondezi energy ltd (NCCL) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: $447.0K
Compensation as of Fiscal Year 2013.

ncondezi energy ltd (NCCL) Key Developments

Ncondezi Energy, Annual General Meeting, Aug 14, 2014

Ncondezi Energy, Annual General Meeting, Aug 14, 2014., at 12:00 GMT Standard Time. Location: Berwin Leighton Paisner LLP, Adelaide House. Agenda: To receive and adopt the company's financial statements for the year ended 31 December 2013 together with the Directors' report and auditors' report on those accounts; To approve the Directors Remuneration Report for the year 2013; to consider re-election of Directors; to consider re-appointment of Auditors and Auditors remuneration; to consider authority to issue shares; and to consider disapplication of pre-emption rights.

Ncondezi Energy Limited Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2013

Ncondezi Energy Limited reported audited consolidated earnings results for the year ended December 31, 2013. For the period, the company reported loss for the year before taxation of $7,045,000 against $8,550,000 in the last year. Loss for the year attributable to equity holders of the parent company was $7,110,000 against $8,605,000 in the last year. Basic and diluted loss per share was 5.8 cents against 7.1 cents in the last year. Net cash outflow from operating activities after tax was $5,205,000 against $8,645,000 in the last year. Payments for property, plant and equipment were $1,000 against $118,000 in the last year.

Ncondezi Energy Limited Announces Resignation of Non-Executive Directors

Ncondezi Energy Limited announced the further board restructuring, as part of its transformation from a coal mining company to an integrated coal mine and power developer. In light of Ncondezi's focus on the Southern African energy sector and the strengthening of the board over the past year with experienced power professionals, Messrs Graham Mascall, Mark Trevan and Nigel Sutherland have decided to tender their resignations as Non-Executive Directors.


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