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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Infinity Eng. | LSE:INFT | London | Ordinary Share | LU0726886947 | 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% | 0.14 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Infinity Energy S.A.
("Infinity" or the "Company")
Market Update
As previously announced, the Company continues with the process of applying for a Standard Listing of the Company’s ordinary shares on the Main Market of the London Stock Exchange (“Listing”).
The intention of the Board remains, to complete a transaction as part of a simultaneous listing. To that end, and as previously announced, the Company is in advanced discussions to acquire a stake in Transgas Limited by means of a share for share transaction. Transgas is owned by Gerwyn Williams, a Director and Shareholder of Infinity Energy SA.
The Company is currently producing the required documentation including a prospectus and Competent Person Report and while the Board is confident in its ability to successfully complete the process, Shareholders should be aware that there can be no certainty that the Company will be able to list on the Standard Segment of the London Stock Exchange.
The Company has appointed the necessary advisors to complete the process and will issue further updates as matters progress.
The Directors of the Company accept responsibility for the contents of this announcement.
For further information, please contact:
Infinity Energy S.A. Gerwyn Williams |
Tel: +44 7889 677 397 |
Financial Advisers & Joint-Broker Peterhouse Corporate Finance Limited Eran Zucker / Lucy Williams |
Tel: +44 20 7469 0930 |
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