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Share Price: 251.00

Bid: 248.00

Ask: 254.00

Change: -3.00 (-1.18%)

Spread: 6.00 (2.419%)

Open: 253.00

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Good Energy rebuffs 'hostile and highly opportunistic offer' from Ecotricity

Thu, 16th Sep 2021 10:45

(Sharecast News) - Energy firm Good Energy has rebuffed yet another "hostile and highly opportunistic offer" from Ecotricity that it claims significantly undervalues the business.
Ecotricity, which owns a 25.1% stake in Good Energy, made an offer of 340.0p per share in cash back in July, which followed previous takeover attempts valued at 310.0p and 330.0p per share.

However, Good Energy stated it was "successfully delivering" on its modern, digital strategy, which it said was different to Ecotricity's "outdated, centralised business model", and that it was also in "a great position for accelerated growth".

"Ecotricity is an unfit owner with an unsuitable plan," said Good Energy. "Ecotricity's poor business condition means it is an unfit owner for the company."

"Good Energy shareholders should REJECT THE OFFER by taking no action," it added.

As of 1100 BST, Good Energy shares were up 1.82% at 335.0p.

More News

12 Sep 2023 15:44

UK earnings, trading statements calendar - next 7 days

Wednesday 13 September
abrdn Smaller Companies Income Trust PLC	Half Year Results
Argentex Group PLC	Half Year Results
Brave Bison Group PLC	Half Year Results
Burford Capital Ltd	Half Year Results
CAB Payments Holdings PLC	Half Year Results
Central Asia Metals PLC	Half Year Results
Frontier Developments PLC	Full Year Results
Made Tech Group PLC	Full Year Results
On The Beach Group PLC	Trading Statement
Pan African Resources PLC	Full Year Results
Pharos Energy PLC	Half Year Results
Redrow PLC	Full Year Results
Ricardo PLC	Full Year Results
Star Energy Group PLC	Half Year Results
Tullow Oil PLC	Half Year Results
Thursday 14 September
Arecor Therapeutics PLC	Half Year Results
Brooks Macdonald Group PLC	Full Year Results
Capricorn Energy PLC	Half Year Results
Checkit PLC	Half Year Results
Churchill China PLC	Half Year Results
Foresight Solar Fund Ltd	Half Year Results
Glenveagh Properties PLC	Half Year Results
IG Group Holdings PLC	Trading Statement
Keystone Law Group PLC	Half Year Results
Kier Group PLC	Full Year Results
M&C Saatchi PLC	Half Year Results
MJ Gleeson PLC	Full Year Results
Oakley Capital Investments Ltd	Half Year Results
Renishaw PLC	Full Year Results
Spire Healthcare Group PLC	Half Year Results
THG PLC	Half Year Results
Trainline PLC	Trading Statement
Uniphar PLC	Half Year Results
Friday 15 September
Petra Diamonds Ltd	Full Year Results
VH Global Sustainable Energy Opportunities PLC	Half Year Results
Monday 18 September
Artisanal Spirits Co PLC	Half Year Results
City of London Investment Group PLC	Full Year Results
Downing Renewables & Infrastructure Trust PLC	Half Year Results
Facilities by ADF PLC	Half Year Results
Futura Medical PLC	Half Year Results
Greencoat Renewables PLC	Half Year Results
HgCapital Trust PLC	Half Year Results
Phoenix Group Holdings PLC	Half Year Results
S4 Capital PLC	Half Year Results
Tuesday 19 September
accesso Technology Group PLC	Half Year Results
Billington Holdings PLC	Half Year Results
Big Technologies PLC	Half Year Results
C&C Group PLC	Trading Statement
Concurrent Technologies PLC	Half Year Results
CPPGroup PLC	Half Year Results
Eagle Eye Solutions Group PLC	Full Year Results
Fintel PLC	Half Year Results
Good Energy Group PLC	Half Year Results
Hargreaves Lansdown PLC	Full Year Results
Henry Boot PLC	Half Year Results
Kingfisher PLC	Half Year Results
Litigation Capital Management Ltd	Full Year Results
Maintel Holdings PLC	Half Year Results
McBride PLC	Full Year Results
MyHealthChecked PLC	Half Year Results
Moonpig Group PLC	Trading Statement
Naked Wines PLC	Full Year Results
Northcoders Group PLC	Half Year Results
Ocado Group PLC	Trading Statement
Serica Energy PLC	Half Year Results
SThree PLC	Trading Statement
Surgical Innovations Group PLC	Half Year Results
Team17 Group PLC	Half Year Results
Trustpilot Group PLC	Half Year Results
Water Intelligence PLC	Half Year Results
Xaar PLC	Half Year Results

Copyright 2023 Alliance News Ltd. All Rights Reserved.

22 Jun 2023 13:24

Good Energy buys Wessex EcoEnergy; performs better than expected

(Alliance News) - Good Energy Group PLC on Thursday said that it has bought EcoEnergy Ltd in a deal worth up to GBP4 million.

15 Jun 2023 15:51

UK shareholder meetings calendar - next 7 days

Friday 16 June
Alpha Growth PLC	AGM
Anglo-Eastern Plantations PLC	AGM
Gulf Keystone Petroleum Ltd	AGM
John Lewis of Hungerford PLC	GM re proposed cancellation of admission to trading on AIM
Tesco PLC	AGM
Woodbois Ltd	AGM
Monday 19 June
All ThingsConsidered Group PLC	AGM
Blackbird PLC	AGM
Finsbury Food Group PLC	AGM
Globalworth Real Estate Investments Ltd	AGM
Marlowe PLC	GM re proposed capital reduction
Metals Exploration PLC	AGM
Red Rock Resources PLC	GM re security conversion into shares for cash
Savannah Resources PLC	AGM
Tuesday 20 June
Acceler8 Ventures PLC	AGM
Afentra PLC	AGM
Armadale Capital PLC	AGM
Bay Capital PLC	AGM
Blackrock Smaller Companies Trust PLC	AGM
Block Energy PLC	AGM
Corero Network Security PLC	AGM
Coro Energy PLC	AGM
Crimson Tide PLC	AGM
Curtis Banks Group PLC	AGM
EPE Special Opportunities Ltd	AGM
ICG-Longbow Senior Secured UK Property Debt Investments Ltd	AGM
Jersey Oil & Gas PLC	AGM
Kore Potash PLC	AGM
Lords Group Trading PLC	AGM
Mission Group PLC	AGM
North Atlantic Smaller Cos Investment Trust PLC	AGM
Red Capital PLC	AGM
Saga PLC	AGM
SDX Energy PLC	AGM
Skillcast Group PLC	AGM
Zegona Communications PLC	AGM
Wednesday 21 June
Argentex Group PLC	AGM
Clean Power Hydrogen PLC	AGM
Eqtec PLC	AGM
Hydrogen Utopia International PLC	AGM
HSS Hire Group PLC	AGM
Intelligent Ultrasound Group PLC	AGM
JD.com Inc	AGM
RTW Venture Fund Ltd	AGM
Schroders Capital Global Innovation Trust PLC	AGM
Sivota PLC	AGM
Numis Corp PLC	GM re acquisition by Deuche Bank AG
THG PLC	AGM
UK Commercial Property REIT Ltd	AGM
Thursday 22 June
Alphawave IP Group PLC	AGM
Angling Direct PLC	AGM
Anglo Asian Mining PLC	AGM
boohoo Group PLC	AGM
Card Factory PLC	AGM
Ergomed PLC	AGM
Futura Medical PLC	AGM
Good Energy Group PLC	AGM
Grand Vision Media Holdings PLC	AGM
Longboat Energy PLC	AGM
MaxRets Ventures PLC	AGM
Pathfinder Minerals PLC	AGM
RBG Holdings PLC	AGM
Sanderson Design Group PLC	AGM
Team17 Group PLC	AGM
Trellus Health PLC	AGM
Whitbread PLC	AGM

18 May 2023 11:26

Good Energy and Ovo ordered to pay £4m after overcharging customers

(Sharecast News) - Ofgem has ordered Good Energy Group and Ovo Energy to pay a total of £4m after the two suppliers overcharged customers.

18 May 2023 10:08

Ovo, Good Energy to pay GBP4m compensation for overcharging customers

(Alliance News) - Ovo Energy Ltd and Good Energy Group PLC are set to pay GBP4 million in compensation after overcharging customers during the energy crisis.

17 May 2023 16:39

Three energy firms pay GBP8 million for compensation failures

(Alliance News) - E.ON SE's E.On Next, Good Energy Group PLC and Octopus Energy have paid GBP8 million over compensation failures after lengthy delays in producing final bills to more than 100,000 customers when they switched suppliers, UK regulator Ofgem said.

17 May 2023 11:47

Three energy firms pay out £8m in customer compensation

(Sharecast News) - Three energy firms have paid out a combined £8m for failing to pay customer compensation on time, the regulator confirmed on Wednesday.

28 Mar 2023 12:27

Good Energy in "strong position" amid revenue and profit rise

(Alliance News) - Good Energy Group PLC on Monday said investment opportunities and price rises drove its annual profit and revenue up.

22 Mar 2023 11:01

Good Energy launches new smart export tariff for solar-panelled houses

(Alliance News) - Good Energy Group PLC on Wednesday said it launched a new smart export tariff for households with solar panels, as part of its strategy to expand its decentralised energy services offering.

21 Mar 2023 15:49

UK earnings, trading statements calendar - next 7 days

Wednesday 22 March
Anpario PLC	Full Year Results
Atalaya Mining PLC	Full Year Results
Baillie Gifford Shin Nippon PLC	Full Year Results
BioPharma Credit PLC	Full Year Results
Blackbird PLC	Full Year Results
Bloomsbury Publishing PLC	Trading Statement
Essentra PLC	Full Year Results
Fevertree Drinks PLC	Full Year Results
Genel Energy PLC	Full Year Results
Hostelworld Group PLC	Full Year Results
Judges Scientific PLC	Full Year Results
Kenmare Resources PLC	Full Year Results
Literacy Capital PLC	Q3 Results
LSL Property Services PLC	Full Year Results
Mpac Group PLC	Full Year Results
NAHL Group PLC	Full Year Results
Pendragon PLC	Full Year Results
Pharos Energy PLC	Full Year Results
Sareum Holdings PLC	Half Year Results
Ten Entertainment Group PLC	Full Year Results
Vistry Group PLC	Full Year Results
Thursday 23 March
C&C Group PLC	Trading Statement
Energean PLC	Full Year Results
Gulf Keystone Petroleum Ltd	Full Year Results
Inchcape PLC	Full Year Results
Playtech PLC	Full Year Results
Pollen Street PLC	Full Year Results
Portmeirion Group PLC	Full Year Results
Safestyle UK PLC	Full Year Results
Wickes Group PLC	Full Year Results
Friday 24 March
Ceres Power Holdings PLC	Full Year Results
JD Wetherspoon PLC	Half Year Results
NAHL Group PLC	Full Year Results
Smiths Group PLC	Half Year Results
Sopheon PLC	Full Year Results
Tribal Group PLC	Full Year Results
Monday 27 March
Aeorema Communications PLC	Half Year Results (TBC)
Belvoir Group PLC	Full Year Results
Carnival PLC	Trading Statement
CentralNic Group PLC	Full Year Results
Crimson Tide PLC	Full Year Results
Dialight PLC	Full Year Results
eEnergy Group PLC	Half Year Results
Equals Group PLC	Full Year Results
Hyve Group PLC	Trading Statement
IQGeo Group PLC	Full Year Results
Life Science REIT PLC	Full Year Results
RTC Group PLC	Full Year Results
SigmaRoc PLC	Full Year Results
Tandem Group PLC	Full Year Results
Thungela Resources Ltd	Full Year Results
Tortilla Mexican Grill PLC	Full Year Results
Tuesday 28 March
AG Barr PLC	Full Year Results
Animalcare Group PLC	Full Year Results
Bango PLC	Trading Statement
Bellway PLC	Half Year Results
CPPGroup PLC	Full Year Results
DigitalBox PLC	Full Year Results
EKF Diagnostics Holdings PLC	Full Year Results
Eleco PLC	Full Year Results
Empresaria Group PLC	Full Year Results
Flowtech Fluidpower PLC	Full Year Results
Good Energy Group PLC	Full Year Results
Impact Healthcare REIT PLC	Full Year Results
James Fisher & Sons PLC	Full Year Results
John Wood Group PLC	Full Year Results
Marlowe PLC	Trading Statement
Mortgage Advice Bureau Holdings PLC	Full Year Results
Nanoco Group PLC	Half Year Results
Ocado Group PLC	Trading Statement
Personal Group Holdings PLC	Full Year Results
Petershill Partners PLC	Full Year Results
Real Estate Investors PLC	Full Year Results
Regional REIT Ltd	Full Year Results
S&U PLC	Full Year Results
Softcat PLC	Half Year Results
Synthomer PLC	Full Year Results
Team17 Group PLC	Full Year Results
United Utilities Group PLC	Trading Statement
VH Global Sustainable Energy Opportunities PLC	Full Year Results
Xaar PLC	Full Year Results

Copyright 2023 Alliance News Ltd. All Rights Reserved.

2 Mar 2023 17:24

TRADING UPDATES: Fulcrum hails Big Bear find; Aminex's Ruvuma progress

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

14 Feb 2023 14:02

Good Energy touts savings for customers with new smart export product

(Alliance News) - Good Energy Group PLC on Tuesday said that it has launched a new smart export product for its feed-in tariff customers, which means they could earn more from the electricity they generate.

23 Jan 2023 14:20

Good Energy, Utilita, Scottish Power 'falling short' on voucher help

(Alliance News) - The UK government has called on Good Energy Group PLC, Utilita Energy and Iberdrola SA's subsidiary Scottish Power, to help their prepayment customers claim GBP400 in support vouchers after naming them as falling short on sending the help out.

2 Dec 2022 19:37

TRADING UPDATES: CMO to suffer bottom-line hit; Good Energy buys

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on this week and not separately reported by Alliance News:

22 Sep 2022 17:46

TRADING UPDATES: Newbury revenue gallops; Bens Creek gets green light

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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Good Energy rebuffs 'hostile and highly opportunistic offer' from Ecotricity

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