Business
Increase in Ownership in Smart Metering Business
Increase in Ownership in Smart Metering Business.
About this update from Eenergy Group Plc
[{"type":"text","content":"\n\n\n\n10 August 2023\n \neEnergy Group plc\n(\"eEnergy\" or \"the Group\")\n \nIncrease in Ownership in Smart Metering Analytics Business\n \neEnergy (AIM: EAAS), the net zero energy services provider, is pleased to announce that it has increased its ownership in its subsidiary, eEnergy Insights Ltd (\"EIL\"), which holds the Group's MY ZeERO smart metering and analytics platform, to 100% through the acquisition of the minority holdings of two former management shareholders. Related to this transaction, the Company has issued 1,366,666 new ordinary shares of 0.3p in eEnergy (\"Ordinary Shares\") to the vendors.\n \nAdmission and Total Voting Rights\n \nApplication has been made for admission of the 1,366,666 new Ordinary Shares, which will rank pari passu with existing Ordinary Shares, to trading on AIM (\"Admission\"). It is expected that Admission will become effective, and trading in the new Ordinary Shares will commence, on or around 8:00 a.m. on 14 August 2023.\n \nOn Admission, the enlarged issued share capital of the Company will be 352,146,625 Ordinary Shares. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company.\n \n \nContacts:\n \n\n\n\n\neEnergy Group plc\n\n\nTel: +44 20 7078 9564\n\n\n\n\nHarvey Sinclair, Chief Executive Officer\nCrispin Goldsmith, Chief Financial Officer\n \n\n\[email protected] ; www.eenergyplc.com\n\n\n\n\nStrand Hanson Limited (Nominated Adviser)\n\n\nTel: +44 20 7409 3494\n\n\n\n\nRichard Johnson, James Harris\n \n\n\n\n\n\n\n\nCanaccord Genuity Limited (Joint Broker)\n\n\nTel: +44 20 7523 8000\n\n\n\n\nMax Hartley, Tom Diehl (Corporate Broking)\n \n\n\n\n\n\n\n\nTurner Pope Investments (Joint Broker)\n\n\nTel: +44 20 3657 0050\n\n\n\n\nAndy Thacker, James Pope\n \n\n\[email protected]\n\n\n\n\nTavistock\n\n\nTel: +44 207 920 3150\n\n\n\n\nJos Simson, Heather Armstrong, Katie Hopkins\n\n\[email protected]\n\n\n\n\n \nAbout eEnergy Group plc\neEnergy (AIM: EAAS) is a net zero energy services provider, empowering organisations to achieve net zero by tackling energy waste and transitioning to clean energy, without...