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470.00p (0.00p) 0.00% AIM Electricity Generation and Distr £47.99m
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Commentary

Developer of renewable offshore wave-powered electricity generators

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Financial History

Financial Year End 30/04/2004 30/04/2005 30/04/2006 30/04/2007 30/04/2008
Currency USD USD USD USD USD
Turnover 4.71 1.75 1.75 2.53 4.77
Operating Profit -1.61 -7.73 -7.73 -12.57 -19.18
Pretax Profit -2.85 -7.22 -7.08 -9.64 -14.66
Earnings After Tax -2.85 -7.08 -7.08 -9.64 -14.66
Profit Available For Dividend 0.00 0.00 0.00 0.00 0.00
Ordinary Dividends 0.00 0.00 0.00 0.00 0.00
Retained Profit -2.85 0.00 0.00 0.00 0.00
Shareholders Funds 37.85 31.07 31.07 112.54 100.10
Net Current Assets 38.42 0.00 0.00 0.00 0.00
Adjusted Earnings Per Share Undiluted 0.00 0.00 0.00 0.00 0.00
Adj Earnings Per Share 0.00 0.00 0.00 0.00 0.00
Dividend Per Share 0.00 0.00 0.00 0.00 0.00

Company Details

Address Warwick Innovation Centre, Gallows Hill, Warwick, CV34 6UW
Telephone 01926 623 370
Fax 01926 408 190

Executives

Chairman Seymour Preston (0.00% holding)
Chief Executive George Taylor (8.50% holding)
Finance Director Charles Dunleavy (1.50% holding)
Director Eric Ash (0.00% holding)

Main Shareholders

Quercus Trust: 4.5%
JoAnne Burns: 4.1%
RAB Capital: 3.9%
Henderson Global Investors: 3.7%

Advisers

Nominated Adviser Collins Stewart
Nominated Broker Collins Stewart
Solicitors Wilmer Hale
Auditors Deloitte
Registrar Computershare Investor Services

Commentary

Developer of renewable offshore wave-powered electricity generators

Company Data

Code OPT
Sedol US67487030
Shares In Issue 10.210 m
Indices
Entry on AIM 31/10/2003
Interim Results Dec
Final Results Jul
Year End Apr
Accounts Due Oct
Int div payment n/a
Fin div payment n/a
Int net div per share nil
Fin net div per share nil
Probable CGT relief Yes