Results for six months ending June 2013

Revenue increased to US$71.6m compared with US$50.8m the same time last year.

Gross profit increased to US$18.8 up from US$13m compared with 2012

Net loss reduced to US$8.6m from US$28.9m last time

A stock tipster previously had a £3.00+ target on this once the Peru Ethanol production got underway.

yeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

Well done gibby..

cheers mitzy - blue again - looks good for today
gl

21p director share repurchase - 21p per ordinary share on 10 September 2014


Under the terms of the Financing Agreements, Mr. Tony Hines sold a total of 2,285,450 ordinary shares at a price of US$0.33 (0.20p*) per ordinary share, while assuming at the same time the obligation to repurchase such shares at a price of US$0.35 (0.21p*) per ordinary share on 10 September 2014. Mr. Tony Hines has used the proceeds from this transaction to fulfill his repayment obligations outstanding under an existing sale and repurchase agreement that became due on 10 February 2014.

yeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

Following the completion of the transaction described above, and prior to the repurchase of such ordinary shares, Mr. Tony Hines will continue to beneficially own 6,457,477 ordinary shares, or 3.93% of the outstanding share capital of Company on a non-diluted basis.

good time to buy - 15% down on nothing - probably end day blue with t/o news imminent

bouncy :-)

good time to buy before next rally imo
roll on the t/o news

starting to move :-)

onwards and upwards


RNS


RNS Number : 1306R

Maple Energy plc

08 September 2014










08 September 2014







MAPLE ENERGY PLC



("Maple" or the "Company")



BOARD CHANGES



Maple Energy plc (AIM: MPLE; LIMA: MPLE), an integrated energy company with assets in Peru, announces the resignation of Mr. Tony L. Hines from his position as executive director and officer of the Company and the resignation of Mr. Ricardo Vega Llona from his position as non-executive director of the Company with effect as from September 4, 2014.



Mr. Hines will continue to serve as General Manager of Maple Gas Corporation del Perú S.R.L. and Mr. Vega Llona will continue to serve as director of The Maple Companies, Limited, both of which are subsidiaries of Maple. Mr. Vega Llona will also remain active with the Company's board as an observer.



The Company is also pleased to announce that Mr. Michel Meeùs and Mr. Gerardo Sepúlveda have been appointed to serve as directors on the Company's Board with effect from 4September 2014. Mr. Meeùs and Mr. Sepúlveda will serve as non-executive directors. For further biographical information on each of the newly-appointed directors, please see below.





Michel Francois Meeùs



Mr. Meeùs, 62, has been a Director of Alcogroup S.A. and Alcogroup Holding since 2007, a company engaged in the sales of biofuel with over $1 billion of annual sales. He also serves as Managing Director of Alcodis S.A. (through Solis Mngt S.A.), a 100% subsidiary of Alcogroup S.A., which is a biofuel leader in the EU with a turnover of over € 420 million in 2013. He is also on the Board of Alcobiofuels SA since 2013, a company producing 200,000 cbm per annum of ethanol. Mr. Meeùs was appointed as a Director of Cadogan Petroleum in 2014 and currently serves as Chairman of the Board of Theolia SA, a company based in France engaging in the wind energy business with operations in Germany, France, Morocco and Italy. His career started at Chase Manhattan, in Brussels and London, as a corporate financier. Thereafter he moved to Security Pacific Bank in London and subsequently worked as a Managing Director in Private Equity with Electra Kingsway. Mr. Meeùs will bring strong expertise in both the Ethanol industry and Finance. He holds a Diplome d'Humanités Greco Latines from College St. Michel and is graduated from l'Ecole Supérieure de Commerce de Lille.





Gerardo Rafael Sepúlveda



Mr. Sepúlveda, 49, is a founding partner of First Capital Inversiones y Asesorías Ltda., an investment banking boutique based in Santiago, Lima and Miami and has led transactions valued in excess of US$5 billion dollars. He is co-founding partner of Latin America Enterprise Fund Managers, LLC, a Miami-based company that manages approximately US$400 million invested exclusively in Colombia's oil, gas and forestry industries and was also a co-founding partner of The Latin America Enterprise Fund I & II which had approximately US$500 million under management, with offices in Chile, Brazil, Peru and Mexico. He has also served as Deputy to the CEO of Nueva Management Ltd., the Latin American investment vehicle of the Schmidheiny Group of Switzerland with assets under management in excess of US$1 billion. Mr. Sepúlveda has served as Board Member of various companies in the South American region and has been the Past President Chile of the US Chamber of Commerce. He holds a DPA from the Escuela de Negocios de Valparaiso, Universidad Adolfo Ibañez, Santiago, Chile, and a BA and CPA from Universidad de Santiago de Chile.



Carlos Palacios Rey, Chairman of Maple, commented:



"We are extremely pleased to announce the appointment of two new outstanding directors in Michel Meeus and Ricardo Sepúlveda. The addition of these two experienced and highly-competent business leaders is a strong step towards the Company bolstering its current position and executing on seeking optimal outcomes currently available to the Company. While we are grateful to Tony and Ricardo for their dedication, contribution and commitment to the Company and sorry to lose them as directors, we look forward to working with them on an ongoing basis in their alternative roles."



Directorships



The directorships and partnerships held by Mr. Meeùs now and over the five years preceding the date of Mr. Meeùs´ appointment are as follows:



Current Directorships / Partnerships















Name



Alcogroup S.A.

S.A.D.

Alcobiofuels SA

Cadogan Petroleum PLC

Theolia S.A.



Directorships / Partnerships in the past 5 years



Name



Livestream NY (resigned 2014)



The directorships and partnerships held by Mr. Sepúlveda now and over the five years preceding the date of Mr. Sepúlveda's appointment are as follows:



Current Directorships / Partnerships















Name



Bisquertt Vineyard

Coresa S.A.

Alto S.A.

Territoria

Edegel

Venequip

AASA

Latin America Enterprise Fund Managers, LLC

Interamerican Fixed Income Fund Management



Directorships / Partnerships in the past 5 years



No directorships that are not still current.



Equity Interests



As at the date of this announcement, Mr. Michel Meeùs does not hold share options in the Company and holds 15,000,000 ordinary shares of the Company. Mr. Sepúlveda does not hold share options in the Company and does not hold an interest in the share capital of the Company.



There are no other matters to be announced as required under paragraph (g) of Schedule Two of the AIM Rules.





For further information, please contact:



Maple Energy plc (+ 51 1 611 4000)

Guillermo Ferreyros, Chief Executive Officer, Executive Director



Cenkos Securities plc (+44 20 7397 8900)

Alan Stewart

Derrick Lee

the director of the massive bio fuel company is now a director of mple holding 15M mple at an average of over 40p in the middle of a take over approach ;

hmmm hiring staff @ ethanol plant, new directors on board, agm soon
early bird catches the...............................

http://www.computrabajo.com.pe/bt-empd-maple123.htm

nice
moving

'August 13, 10:33 PM Maple Energy PLC - 18p take it or leave it cash offer Premiumtrader's insight: It has been 3 weeks since the board of directors of Maple Energy plc announced that it had received an approach of a cash offer to acquire the entire issued share capital of the Company. The news sparked a buying frenzy which saw a double digit percentage rise in the share price. Since then the price has taken a drastic downturn as private investors have lost patience with the wait. The large institutions continue to hold stock even in the event of the price bring driven down to a 52 week low. In current market conditions the lack of de-risking by the largest shareholders says it all about what the outcome here will be and probably has been known all along. Broker notes have valued the company only a few months ago between £40-£55 million. At closing price on the 13th August 2014, the MCAP stood at £11.5m. Loss making yes but with asset value higher than debt, the company is prime for a takeover. So where do we stand now? Sources tonight have informed me that a take it or leave it offer has been made of 18p to acquire the company, which the directors are very likely to accept. Why accept an offer of 18p when valuations are well above this? It is not a secret that the company has been struggling recently, mainly with cost control issues. The asset is world class and the revenue also impressive, however it is now time for the company to change hands and efficiency to be improved. I have been in the game a long time and I have seen Blackrock get it wrong a few times, but very very rarely. They are long and why not with an offer now 157% higher than current closing price. By maxarchie'

under 5p to buy - worth a flutter perhaps
gla

fantastic rns flying worth around 30p without oil assets :-D

Well done indeed gibby.

cheers mitzy - hope all going good for you also
atvb

:-)

counter offer in apparently and blackrock accumulating see last night rns