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AMPH Aggregated Micro Power Holdings Plc

92.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Aggregated Micro Power Investors - AMPH

Aggregated Micro Power Investors - AMPH

Share Name Share Symbol Market Stock Type
Aggregated Micro Power Holdings Plc AMPH London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 92.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
92.00
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Posted at 28/3/2018 22:19 by glennborthwick
couple of videos on proactive investors
Posted at 28/3/2018 22:08 by glennborthwick
enewable energy specialist Aggregated Micro Power Holdings PLC (AIM:AMPH) looks set to book a significant uplift to the value of its investment in an exchange traded products business which is raising capital.

AMP holds a 27.89% stake in IncubEx, which plans to offer up to US$5mln Class B-1 units, valuing the business at US$50mln pre-money.

READ: Aggregated Micro Power ups revenue forecast by a third after cold blast
AMP will contribute up to US$2.1mln (£1.5mln), which would give it a 29.16% holding in Incubex, though the figure would be reduced to US$1.84mln if all the investors contribute.

An unnamed major strategic investor has pledged US$1.65m to the fundraise, the company said in a statement.

AMP's IncubEx shareholding will rise in value to US$16mln (£11.3mln) from US$3.3mln (£2.3mln) following the stock offering.

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