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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Andalas Energy And Power Plc | LSE:ADL | London | Ordinary Share | IM00BZ7PNY71 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.20 | 0.19 | 0.21 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Andalas Energy and Power Plc
(‘Andalas’ or the ‘Company’)
Response to Media Speculation
Andalas Energy and Power Plc, the AIM listed Indonesian focused energy Company (AIM: ADL), notes the recent media speculation regarding the Company undertaking a significantly discounted equity fundraising in the short term.
Andalas confirms that it is currently in discussions with investors concerning a potential fundraising to fund its ongoing activities in Indonesia. The discussions are of a preliminary nature and the Company cannot guarantee that any such fundraising will take place in the short term. Pending the outcome of these discussions, the Company has requested a suspension in trading of its shares on the AIM Market. A further announcement will be made in due course as and when appropriate.
**ENDS**
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR). Upon the publication of this announcement via a Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.
For further information, please contact:
David Whitby | Andalas Energy and Power Plc | Tel: +62 21 2783 2316 |
Sarah Wharry Craig Francis |
Cantor Fitzgerald Europe (Nominated Adviser and Joint Broker) |
Tel: +44 20 7894 7000 |
Jon Belliss | Beaufort Securities Limited (Joint Broker) |
Tel: +44 20 7382 8415 |
Frank Buhagiar Susie Geliher |
St Brides Partners Limited | Tel: +44 20 7236 1177 |
Copyright ay 9 PR Newswire
1 Year Andalas Energy And Power Chart |
1 Month Andalas Energy And Power Chart |
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