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29/09/2011

SeaEnergy Exec Chairman says the company has a very exciting story

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Additional Information
Market: AIM
Sector: Cleantech and Renewable Energy
EPIC: SEA
Latest Price: 28.50p  (-0.87% Descending)
52-week High: 71.50p
52-week Low: 23.50p
Market Cap: 19.70M
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SeaEnergy PLC (formerly Ramco Energy plc) is a Scottish public limited company headquartered in Aberdeen, Scotland.

In September 2009 the board announced the intention to focus the group on renewable energy, specifically offshore wind. SeaEnergy in mid-2010 specified it would concentrate on marine services for the offshore wind power industry, following an assessment of the equity markets, investor sentiment and the funding environment. 

It is in the process of selling its 80%-held renewable energy operating subsidiary SeaEnergy Renewables Limited which currently has interests in three offshore wind farm projects in development, totalling 3,125GW of capacity.

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SeaEnergy warns of share scam

28th Sep 2011, 10:06 am by Giles Gwinnett SeaEnergy has urged shareholders to 'exercise extreme caution if they receive any unsolicited communication regarding their investment in the company'.

SeaEnergy PLC (LON:SEA) has urged shareholders to "exercise extreme caution if they receive any unsolicited communication regarding their investment in the company".

In a warning to shareholders today about a reported share scam, SeaEnergy, which specialises in marine services to the offshore wind power industry, said that an unregulated firm was contacting investors about fictitious warrants to buy new shares in the company.

"Attempts have been made by them to persuade shareholders to enter into transactions regarding their SeaEnergy shares, or in relation to non-existent warrant instruments in relation to the company," said SeaEnergy in a statement.

It said several shareholders had been approached by people representing  a firm, not authorised by the FSA, called either INTERNATIONAL MERGER SERVICES, THE IMS GROUP, IMS GROUP or I.M.S. GROUP (IMS).

It added that IMS is not authorised under the Financial Services and Markets Act 2000 to conduct a regulated activity in the UK and the FSA had added IMS to its list of unauthorised overseas firms operating in the UK on September 21 this year.

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