RNS Number : 8534O
Clean Energy Brazil PLC
25 September 2013




Clean Energy Brazil Plc

(the "Company")



Interim Dividend Payment



The Board of Directors of the Company is pleased to announce a dividend of 3.2 pence per share. The Dividend will be paid on 18 October 2013 to shareholders recorded on the register on 4 October 2013. The shares will be marked ex dividend on 2 October 2013.

Thank you Mack, it's certainly a share that was off my radar! I will do some more research on this one.

Doodlebug

You are welcome,i have been in a few special situations like this before where a
huge special dividend is on offer and those stocks always get bought up heavily
ahead of the payout.

You have to be on the share register on the 4th October to get this 3.2p per share
dividend so don,t hang around too long mate. I think it could push through 11p - 12p
ahead of the dividend record date.

You might also be interested that they have only 133m shares in issue and of those
just over 90% are held by II,s ,so the freefloat is something like 13m ONLY !

Like i said before the chatter is that the company are moving in to the hydro-electric
sector in brazil,it is the next investment boom there.If this company even gets a tiny
slice of that the gains here will be life changing.


Mack

Mack R cheers for the heads up on this :-)

Oil Fund

I think the company might also offer another good sized dividend within a month
of this current one being paid.It could well be around the 3p level again :-)

Now that is interesting!

Mack,
Why do you think that there will be another [large] divi so soon after the interim divi of 3.2p in Oct. If there is it will take the SP to about 1p which surely wont do the company much good in the long run especially if it is looking to move into the HE field.

Alex

ps i am a small holder

re - I think the company might also offer another good sized dividend within a month
of this current one being paid.

at this point is ony speculation from " Mack " due to the company receiving another $2.16m on the 15th October 13.

as the offer has move not long ago to 8p some buyers already paying 7.85p, not the 7p earlier on

Mack am i right in thinking they will still have around 6p in cash after they get the
last payments in and pay the latest dividend ?

Offer price is currently 7.84p

re -price paid offer 7.84p

Was that the price you paid?

7.842p to be exact, ontheturn!

bid to 7p after buyers are piling at 7.50p

A delayed 200K AT 6.85p was most likely and order finaly being filled and then MMs let the share price move forward

I doubled up here this morning guys :-)

ontheturn,i reckon this will move to around 10p before the dividend record date
and not least because they could well pay another hefty dividend out when they
get the last cash in from the sale in a few weeks.So another 3-4p could be coming
after this one.

It is their policy to return this CASH TO SHAREHOLDERS!

Master RSI - from the "UPS" thread on another bulletin board. Some useful info here:

Clean Energy Brazil plc (CEB) is an investment company, which offers the opportunity to participate in the prospective growth in the Brazilian sugar and ethanol sector.
CEB invests in integrated sugar and ethanol production units in Brazil, giving investors exposure to: Brazil's domestic ethanol market; the global sugar market; and the growth in global ethanol demand.

Total shares in issue: 133,700,000

Percentage of AIM Securities not in Public Hands (as at 26 June 2013):
Ordinary shares in issue - 90.12%
Identity and Holdings of Significant Shareholders (as at 26 June 2013):

Insofar as the company is aware, the following are the significant shareholders of the company and their percentage shareholdings.
Global Investors Acquisition - 62.79%
QVT Finanacial - 27.31%
Credit Suisse Nominees - 3.08%

UPDATES on sales of Investments

16 July 2013
Sale of Agricultural Assets-Progress Update
Further to the announcements made by Clean Energy Brazil plc ("CEB") on 1 June 2012 and 10 December 2012 relating to the sale of CEB's entire interest in Unialco M/S to Unialco S/A, CEB is pleased to announce that following an installment payment made on 11 July 2013, the total amount received to date is USD $11 million.
Approximately USD $6.7 million of installment payments are still outstanding with last payment due by 15 October 2013.
Our current cash position is approximately USD $3.6 million. We intend to continue to closely monitor our costs and return excess capital to shareholders.

13 September 2013
Sale of Agricultural Assets - update
Further to the previous announcements made by Clean Energy Brazil plc ("CEB") relating to the sale of CEB's entire interest in Unialco M/S to Unialco S/A, CEB is pleased to announce that following an installment payment made on 12 September 2013, the total amount received to date is USD $15.58 million. Approximately USD $2.16 million of installment payments are still outstanding with last payment due by 15 October 2013.
Our current cash position is approximately USD $8.1 million. We intend to continue to closely monitor our costs and return excess capital to shareholders.

Our Investments

Unialco-MS
Unialco-MS is a holding company which controls Alcoolvale (92% owned) and Dourados (80% owned). Alcoolvale is an operating mill producing sugar and ethanol which currently has a 1.75 million tonnes of annual cane crushing capacity. Alcoovale’s sugar cane needs are supplied by the farming companies Canavale and Alcoolvale Agricola (99% and 92% respectively owned by Unialco-MS). Dourados is a well advanced greenfield project located in Mato Grosso do Sul state. It controls its own sugar cane plantation.

Clean Energy Brazil holds a stake of 33% in Unialco-MS which is a joint venture with Unialco-SA, a well known sugar mill organization in Brazil.

Special dividends paid

01 December 2011 - Interim Dividend
The Board of Directors of the Company is pleased to announce an interim dividend of8.8p per share. The Dividend will be paid on 23 December 2011 to shareholders
recorded on the register

20 November 2012 - Interim Dividend Payment
The Board of Directors of the Company is pleased to announce a dividend of 3.5
pence per share. The Dividend will be paid on 14 December 2012 to shareholders
recorded on the register on 25 September 2013

13 September 2013 - Interim Dividend Payment
The Board of Directors of the Company is pleased to announce a dividend of 3.2 pence per share. The Dividend will be paid on 18 October 2013 to shareholders recorded on the register on 4 October 2013. The shares will be marked ex dividend on 2 October 2013.
.
The CEB Team

Eitan Milgram, Non-Executive Director (aged 31)
Eitan has worked at Weiss Capital LLC since April 2000 as a Portfolio Manager, Head of Trading and Head of Operations. He is an Executive Vice President of Weiss Capital LLC. He graduated summa cum laude from Boston University where he won the Prize for Excellence in Economics. He has served on the board of directors of eight publicly traded corporations and has advised numerous corporations on reorganizations and restructurings.

Josef (Yossi) Raucher, Non-Executive Director (aged 38)
Josef is an Analyst at Weiss Capital LLC. Before joining Weiss, Mr Raucher worked for five years at McKinsey & Company as a Senior Engagement Manager. At McKinsey, Mr Raucher was part of the Private Equity and Financial Institutions Practices, where he served Fortune 100 clients on international strategy development, operations and investment due diligence. He has an MBA with Honors from Columbia Business School, as well as a LLB in Law and Bachelors in Accounting from Tel Aviv University.

Tim Walker, Non-Executive Director (Chairman of the Audit Committee) (aged 54)
Tim is a chartered accountant and an Isle of Man resident. He is the former finance director of Swallow/Vaux Group plc, Strix Group and Burtonwood Brewery plc. Tim is currently a non-executive director of AIM listed Ishaan Real Estate plc and a number of private companies in the leisure and property industries.

Philip Scales, Company Secretary (aged 61)
Philip is managing director of IOMA Fund and Investment Management Limited, part of the Isle of Man Assurance Group. IOMAFIM specialises in the provision of third party fund administration and investment management services. Prior to this, Philip spent nearly 18 years as managing director of Northern Trust International Fund Administration Services (Isle of Man) Limited (formerly Barings (Isle of Man) Limited). He has over 30 years' experience working offshore, primarily in corporate and mutual fund administration and currently holds a number of directorships of listed companies. Philip is a Fellow of the Institute of Chartered Secretaries and Administrators.

Wow so under 15m shares in retail hands ??


This could get rather interesting

That's kind of what I was thinking Jazz! :-)

Typical MMs messing about with the spread now - did the same thing yesterday afternoon.

doodlebug i am liking this more and more !

It will be interesting to see how this plays out - how many buy in just for the divi and then sell immediately and how many buy for the divi and hold on.