Key Developments: MDM Engineering Group Ltd (MDME.L)

MDME.L on London Stock Exchange

167.50GBp
16 Sep 2014
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Latest Key Developments (Source: Significant Developments)

MDM Engineering Group Ltd awarded Kinsevere contract
Wednesday, 6 Aug 2014 02:00am EDT 

MDM Engineering Group Ltd:Awarded contract with MMG Limited's Kinsevere copper, located in Katanga Province of the Democratic of Congo (DRC).MDM will provide specific design and detailed engineering support on a number of MMG-identified projects.Projects include process optimisation and asset utilisation improvements being carried out as part of MMG's broader operational excellence program at Kinsevere.  Full Article

MDM Engineering Group Ltd not to pay final dividend
Tuesday, 5 Aug 2014 02:01am EDT 

MDM Engineering Group Ltd:Says it has been decided not to pay a final dividend.  Full Article

MDM Engineering Group updates on merger
Monday, 28 Jul 2014 02:35am EDT 

MDM Engineering Group Ltd:Says MDM and Foster Wheeler receive merger approval from Tanzanian Fair Competition Commission.Confirm that approval for proposed merger with Foster Wheeler AG (FWLT) has been received from the Tanzanian Fair Competition Commission.Application with the South African Competition Commission is progressing with determination expected during Aug. 2014.  Full Article

MDM Engineering Group Ltd awarded Panda project
Wednesday, 18 Jun 2014 02:00am EDT 

MDM Engineering Group Ltd:Has been awarded Pre-Feasibility Study for Cradle Resources' Panda Hill Project.Cradle has identified unique opportunity to enter into the specialty metals market through development of the Panda Hill Project in south west Tanzania.Project currently holds three valid mining licenses to search for, mine, dig, mill, process, transport, use and or market Niobium.  Full Article

MDM Engineering Group Ltd receives order
Tuesday, 22 Apr 2014 02:01am EDT 

MDM Engineering Group Ltd:Awarded engineering design, procurement, construction and project management (EPCM) contract.For execution of Sibanye Gold Ltd's (Sibanye Gold) Driefontein number 2 metallurgical plant (DP2) gold project.  Full Article

MDM Engineering Group updates on takeover offer from Foster Wheeler
Thursday, 17 Apr 2014 07:41am EDT 

MDM Engineering Group Ltd:As previously stated, recommended takeover offer from Foster Wheeler AG, on March 13, MDM expects the transaction to be completed in late Aug. 2014.  Full Article

MDM Engineering Group updates on recommended offer from Foster Wheeler
Wednesday, 9 Apr 2014 02:55am EDT 

MDM Engineering Group Ltd:Recommends offer from Foster Wheeler AG that shareholders representing an additional 21.97 pct of the issued ordinary shares of MDM Engineering Group (MDM) have now executed voting deeds.Pursuant to which they undertake to vote in favour of any resolution submitted to MDM shareholders for their approval in connection with the Merger.MDM shareholders representing about 64.37 pct of the issued ordinary shares of MDM have executed such voting deeds.Says merger expected to be held on or around May 06.  Full Article

MDM Engineering Group Ltd announces takeover offer from Foster Wheeler AG's Foster Wheeler M&M Limited
Thursday, 13 Mar 2014 03:00am EDT 

MDM Engineering Group Ltd:Enters into a merger implementation agreement with Foster Wheeler AG under which Foster Wheeler's BVI subsidiary, Foster Wheeler M&M Limited, will acquire all of the ordinary shares in MDM in a cash transaction of about 65.3 mln pounds ($109 mln).The company shareholders will be offered 1.70 pound cash for each MDM share they hold.Transaction to be completed in late Aug.  Full Article

MDM Engineering Group Ltd updates on interim dividend exchange rate
Tuesday, 17 Dec 2013 04:27am EST 

MDM Engineering Group Ltd:Says, regarding the declared interim dividend of $8.00 cents per share, including a special dividend of $3.65 cents per share. for the half year ended Sep. 30, 2013, it announces the dividend exchange rate.Says for those shareholders who have elected to receive their dividend in Pounds sterling, as opposed to US dollars, an exchange rate of $1.6296 to 1 pound will be used for the conversion.Says this is the exchange rate as of Dec. 13 and will result in a dividend payment of 4.91 pence per share.Says the record date for the dividend was Dec. 13 with an ex-dividend date Dec. 11 and payment is expected on Jan. 22, 2014.  Full Article

MDM Engineering Group Ltd gives H2 FY 2014 guidance and declares interim dividend
Wednesday, 4 Dec 2013 02:00am EST 

MDM Engineering Group Ltd:Says the outlook for the second half of FY 2014 is expected to be in-line with market expectations with some of the larger projects due for completion before year-end.Says the Board has declared an interim cash dividend of $0.08 per share, which includes the special dividend of $0.0365 per share.Says the dividend will be payable on Jan. 22, 2014 to all shareholders on the register on Dec. 13.Says the interim dividend will have an ex-dividend date of Dec. 11.  Full Article

BRIEF-MDM, Foster Wheeler receive merger approval from Tanzanian fair competition commission

* MDM and Foster Wheeler receive merger approval from Tanzanian fair competition commission

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