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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Plutus Powergen Plc | LSE:PPG | London | Ordinary Share | GB00B1GDWB47 | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.025 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPPG
RNS Number : 3092M
Plutus PowerGen PLC
20 September 2021
Plutus PowerGen PLC / Ticker: PPG / Index: AIM
20 September 2021
PLUTUS POWERGEN PLC
("Plutus", the "Group" or the "Company")
Update
Plutus PowerGen PLC, the AIM listed cash shell, announces that it is in advanced discussions regarding the appointment of a new Financial Adviser alongside the execution of a Heads of Terms for the acquisition of an asset of interest to the Company.
The proposed reverse takeover of Ben's Creek Carbon LLC announced 11 June 2021 will no longer be proceeding as the asset owners declined to respond to the Company's invitation to continue with the transaction given the Company is now intending to re-list on the Standard List of the London Stock Exchange versus AIM.
The Company will provide a further update in the near future.
ENDS
For more information please contact:
Plutus PowerGen PLC Tel: +44 (0) 20 8720 6562 Charles Tatnall, Executive Chairman James Longley, Interim CEO and Finance Director Turner Pope Investments (TPI) Limited Tel: +44 (0) 20 3657 0050 (Joint Broker) Andy Thacker --------------------------------------- Pello Capital Limited (Joint Broker) Tel: +44 (0) 20 3700 2492 Mark Treharne --------------------------------------- St Brides Partners Limited (Financial info@stbridespartners.co.uk PR) Isabel de Salis ---------------------------------------
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END
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(END) Dow Jones Newswires
September 20, 2021 07:59 ET (11:59 GMT)
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