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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Bion Plc | LSE:BION | London | Ordinary Share | JE00BYTQ7945 | 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% | 0.15 | 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
TIDMGSH
RNS Number : 0161I
Green & Smart Holdings plc
16 March 2018
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
16 March 2018
Green & Smart Holdings plc
("Green & Smart" or "G&S" or "the Company")
Update on Financing Discussions
Green & Smart Holdings plc (AIM: GSH), a renewable energy company generating power from biogas captured through the treatment of palm oil mill effluent ("POME") in Malaysia, previously announced that it was in negotiations with local financial partners. The Company is pleased to report that it has received an indicative offer letter from a potential new institutional investor to subscribe for approximately ten per cent. of an enlarged Green & Smart ("Proposed Subscription") following due diligence at a price equivalent to a 15 per cent. premium to the volume weighted average price for the five business day period prior to the Proposed Subscription.
The Company will provide a further update once the terms of the Proposed Subscription have been agreed. While the Board is encouraged by this recent progress, there can be no certainty that the Proposed Subscription will proceed, nor on the indicative terms outlined above.
Enquiries
Green & Smart Holdings plc Saravanan Rasaratnam, Chief Executive Officer Navindran Balakrishnan, Chief Operations Officer +603 2095 0024 Cantor Fitzgerald Europe (Nominated Adviser and Broker) Andrew Craig, Richard Salmond +44 20 7894 7000 Luther Pendragon Ltd (Financial PR) Claire Norbury, Alexis Gore +44 20 7618 9100
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCJFMTTMBIBBJP
(END) Dow Jones Newswires
March 16, 2018 08:44 ET (12:44 GMT)
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