Board Change • Apr 24
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Salvador Amico was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Apr 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 49% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 17x increase in shares outstanding). Revenue is less than US$1m. Minor Risks Negative equity (-€180k). Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (UK£58.9m market cap, or US$79.7m). Board Change • Apr 07
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Salvador Amico was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 22
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Salvador Amico was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 02
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Salvador Amico was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 24
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Salvador Amico was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Oct 08
Technologies New Energy plc, Annual General Meeting, Oct 31, 2025 Technologies New Energy plc, Annual General Meeting, Oct 31, 2025. Board Change • Sep 01
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Kate Osborne was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 01
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Kate Osborne was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Jul 04
Technologies New Energy plc has completed a Follow-on Equity Offering in the amount of £0.0849 million. Technologies New Energy plc has completed a Follow-on Equity Offering in the amount of £0.0849 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 424,500
Price\Range: £0.2 Anuncio • Jun 27
Technologies New Energy plc Chief Executive Officer Changes, Effect from 27 June 2025 Technologies New Energy plc announced the appointment of Julio Perez as Chief Executive Officer, with immediate effect from 27 June 2025, following a recommendation by the nomination committee of the Company's board of directors, and approval by the Board. Julio has over 15 years of experience as a global investment professional, with a particular focus on the clean and renewable energy sectors. He has direct, hands-on expertise in the origination, development, acquisition and management of renewable energy projects, covering all stages from initial conception and structuring through construction to long-term operations. He has worked in investment banking at HSBC in London, before moving into senior advisory roles within the clean and renewable energy sectors. Julio has been involved in projects totalling over 900 megawatts of solar and 350 megawatts of wind capacity. His key clients have included corporates, publicly listed companies, and investment funds, advising on mergers and acquisitions, capital raising and power purchase agreements. Has prior experience as a board member of a publicly listed company on the London Stock Exchange and a strong understanding of corporate governance and compliance obligations in a listed environment; Demonstrated exceptional alignment with the Company's values and possesses a proven leadership track record in the renewable energy and energy transition sectors, supporting TNE's immediate growth objectives; Previously served as a Director from its inception on 11 October 2021 until 30 April 2025. During this period, he founded the Company, led its initial public offering ("IPO") as a Special Purpose Acquisition Company ("SPAC"), originated and completed the acquisition of Technologies New Energy S.A., and oversaw the Company's successful readmission to the main market for listed securities of London Stock Exchange plc (the "London Stock Exchange"); and Has continued to support TNE in the role of a management consultant since stepping down from the Board and has remained closely involved with the Company's operations and strategy. José Meneses, who previously held the role of Chief Executive Officer, will remain with the Company as Executive Chairman and Director. Julio Isaac Perez has not held any directorships of any company (other than the Company and its subsidiaries) or partnerships within the last five years, except as set forth as follows: Current: Foxyland (Luz) Limited (England & Wales). Past: 12287921 Limited (formerly Alpine Capital Group Ltd) (England & Wales). Alpine Energy Group Ltd. (England & Wales). Bristtolle Management Company Inc. Ltd. (England & Wales). Drucker Development Ltd. (England & Wales). New World Energy Group Limited (England & Wales). OHL Solar Limited (England & Wales). SPV 12290808 Limited (formerly Winthorpe Capital UK Limited) (England & Wales). Solar One Capital Ltd. (England & Wales). Vanguard Equity Investments Ltd. (England & Wales). Vertex Management Partners Ltd. (England & Wales). Board Change • Jun 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Julio Perez was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jun 01
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 17x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Shareholders have been substantially diluted in the past year (over 17x increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (UK£19.9m market cap, or US$26.8m). Board Change • May 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Independent Non-Executive Director Julio Perez was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Anuncio • Apr 30
Technologies New Energy plc has completed a Follow-on Equity Offering in the amount of £0.4 million. Technologies New Energy plc has completed a Follow-on Equity Offering in the amount of £0.4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,000,000
Price\Range: £0.2 Anuncio • Jul 18
Codex Acquisitions plc, Annual General Meeting, Aug 14, 2024 Codex Acquisitions plc, Annual General Meeting, Aug 14, 2024. Board Change • Dec 31
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Kate Osborne is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Anuncio • Jun 15
Codex Acquisitions plc, Annual General Meeting, Jun 30, 2023 Codex Acquisitions plc, Annual General Meeting, Jun 30, 2023, at 08:00 Coordinated Universal Time. 