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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Alternative E. | LSE:ALR | London | Ordinary Share | SG9999004659 | ORD NPV (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.0125 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
TIDMALR
RNS Number : 7877D
Alternative Energy Limited
01 April 2014
For immediate release 1 April 2014
ALTERNATIVE ENERGY LIMITED
("AEL" or the "Company")
Restoration of Trading, Issue of Equity, TVR and Appointment of Broker
Restoration of Trading
Further to the Company's publication of its Unaudited Interim Results to 30 June 2013 today, the Company announces that its shares will be restored to trading on AIM as from 7.30 a.m. on 2 April 2014.
Issue of Equity
The Company is pleased to announce that it has placed 60,000,000 Ordinary Shares at US$0.005 per share with Cuff Holdings Pte Ltd raising US$300,000 on 25 October 2013 and on 31 March 2014 a further 50,000,000 Ordinary Shares were placed at a price of US$0.005 per share, by the Company, with Logarajah Subramanian for a consideration of US$250,000.
In respect of the above and further to the announcements of 27 January 2011 and 28 April 2011 the Company has now applied for a total of 265,833,333 new Ordinary Shares, which will rank, pari passu, with all existing ordinary shares in the Company, to be admitted to trading on AIM, with dealings expected to commence on or around 8 April 2014.
TVR
Following the issue of the new Ordinary Shares as described above, the Company's issued share capital will consist of 2,301,532,444 Ordinary Shares with voting rights. The Company also holds 1,922,966 Ordinary Shares in treasury and these shares have no voting rights. Therefore the total number of Ordinary Shares in the Company with voting rights is 2,301,532,444 and this figure may be used by shareholders at the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company.
Appointment of Broker
The Board of AEL is also pleased to announce the appointment of Peterhouse Corporate Finance as Joint Broker with immediate effect.
For further information please see the Company's website: www.alternativenergy.com.sg or please contact:
ALTERNATIVE ENERGY LIMITED Richard Lascelles, Independent Non-executive Director Tel: +44 (0) 20 7408 1067 Eric Goh, Executive Director Tel: +65 68737782 BEAUMONT CORNISH LIMITED (Nomad) Roland Cornish and Emily Staples Tel: +44 (0) 20 7628 3396 PETERHOUSE CORPORATE FINANCE (Broker) Jon Levinson/Lucy Williams Tel: +44 (0) 20 7469 0930
This information is provided by RNS
The company news service from the London Stock Exchange
END
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