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Global Bioenergies SA (ALGBE.PA)

ALGBE.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Global Bioenergies signs new debt issue agreement with Bracknor Investment
Thursday, 18 May 2017 12:23pm EDT 

May 18 (Reuters) - Global Bioenergies Sa :SIGNING OF NEW DEBT ISSUE AGREEMENT WITH BRACKNOR INVESTMENT TO REPLACE FIRST AGREEMENT SIGNED IN SEPTEMBER 2016, WHICH WOULD THEN BE TERMINATED.AGREEMENT WOULD CONSIST OF ISSUANCE OF 400 CONVERTIBLE BONDS WITH PAR VALUE OF 60,000 EUROS EACH AND THUS REPRESENTING A TOTAL CONVERTIBLE BONDS AMOUNT OF EUR 24 MILLION.ISSUANCE TO BE SPLIT INTO TWENTY TRANCHES OF 20 OCAS EACH, THAT WILL BE ACCOMPANIED BY SHARE SUBSCRIPTION WARRANTS.COMPANY NOTES THAT IT WILL SUSPEND THIS NEW CONTRACT AFTER FIRST TWO TRANCHES ARE DRAWN.THIS TRANSACTION WILL COVER COMPANY'S FINANCING NEEDS UNTIL END OF 2018.  Full Article

Global Bioenergies FY net loss widens to 10.6 million euros
Tuesday, 4 Apr 2017 11:37am EDT 

Global Bioenergies SA : Net loss for group of 10.6 million euros ($11.30 million) in 2016 (versus 10.4 million euros in 2015) . Cash position of 7.4 million euros as at Dec 31, 2016 . FY operating loss 11.9 million euros versus loss of 12.0 million euros year ago .FY operating income 3.3 million euros versus 2.2 million euros year ago.  Full Article

Global Bioenergies finalizes acquisition of Syngip
Thursday, 2 Feb 2017 11:37am EST 

Global Bioenergies SA :Global bioenergies finalizes acquisition of Syngip.  Full Article

Global Bioenergies plans to acquire Dutch start-up Syngip B.V.
Wednesday, 21 Dec 2016 11:53am EST 

Global Bioenergies SA : Plans to acquire Dutch start-up Syngip B.V. . Signed a contribution agreement with the shareholders of Syngip B.V. to transfer all Syngip shares to Global Bioenergies S.A. . Global Bioenergies would issue 37,240 new ordinary shares for Syngip B.V.'s current shareholders, and 69,161 share allocation warrants ("BAA") granted free of charge . The 37,240 new ordinary shares would represent a valuation of approx. 875,000 euros ($912,100.00), established based on a share price of 23.4956 euros. . They represent a dilution of approximately 1.1 pct for existing shareholders . The BAA would enable access to 69,161 shares, representing a valuation of approx. 1,625,000 euros at the reference price of 23.4956 euros, i.e. an additional dilution of 2.1 pct . Commits to reimbursing the current shareholder’s accounts in Syngip B.V. for a total amount of 150,000 euros, with all debt held by shareholders in excess of this amount being cancelled .The transaction's completion remains subject to the fulfilment of several suspensive conditions including approval by the shareholders of Global Bioenergies.  Full Article

Global Bioenergies joins PREEM, SEKAB and SVEASKOG in Sweden
Monday, 26 Sep 2016 11:38am EDT 

Global Bioenergies SA :Joins PREEM, SEKAB and SVEASKOG in "bio-based gasoline project" in Sweden.  Full Article

Global Bioenergies to establish flexible bond financing
Friday, 23 Sep 2016 01:28am EDT 

Global Bioenergies SA : Establishes flexible bond financing by the reserved issue of OCABSAs for an EUR 11.25 million ($12.60 million) bond loan on condition of shareholder approval .Flexible bond financing line is put in place by issuing 300 convertible bonds with a par value of EUR 37,500 each.  Full Article

Global Bioenergies H1 net loss 6.7 million euros
Thursday, 22 Sep 2016 11:36am EDT 

Global Bioenergies SA : H1 net loss 6.7 million euros ($7.53 million) versus loss of 6.1 million euros year ago . H1 operating loss 6.4 million euros versus loss of 6.0 million euros year ago . H1 operating income 767,000 euros versus 761,000 euros .Cash at 30 June 2016 was 9.1 million euros, down by 1.3 million euros over half-year.  Full Article

Global Bioenergies, IBN-One and Aspen enter into partnership
Monday, 11 Jul 2016 11:37am EDT 

Global Bioenergies Sa :Global Bioenergies, IBN-One and Aspen enter into partnership on isooctane for specialty fuels.  Full Article

Global Bioenergies delivers an isobutene test sample to Clariant
Monday, 27 Jun 2016 11:36am EDT 

Global Bioenergies SA :Delivers an isobutene test sample to Clariant Full Article

Global Bioenergies' renewable isobutene compatible with chemical oxidation
Monday, 13 Jun 2016 11:38am EDT 

Global Bioenergies Sa : Global Bioenergies' renewable isobutene compatible with chemical oxidation . Announced completion of a series of tests on oxidation of bio-sourced isobutene .Reaction produces methacrylic acid, one of main components of acrylic paint.  Full Article

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