Kibo Energy announced yesterday that it is proceeding with a proposal for an Initial Public Offering (IPO) to be named Ultimate Sustainable Energy Ltd (USE) on the Alternative Investment Market (AIM) of the London Stock Exchange. The IPO intends to raise c. £7-10m to fund the short-to-medium-term development of renewable/clean energy generation projects. The planned IPO is scheduled for Q4 22 or Q1 23. Post Admission, Kibo expects to hold a significant majority interest of circa 75% in USE.
Th ....
30 Sep 2022
Hybridan Research: 30/09/2022: Kibo Energy plc: Strategic IPO spinout to fund renewable and clean energy projects earmarked
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Hybridan Research: 30/09/2022: Kibo Energy plc: Strategic IPO spinout to fund renewable and clean energy projects earmarked
Kibo Energy Plc (KIBO:LON) | 0.0 0 0.0% | Mkt Cap: 1.53m
- Published:
30 Sep 2022 -
Author:
Emily Liu -
Pages:
7
Kibo Energy announced yesterday that it is proceeding with a proposal for an Initial Public Offering (IPO) to be named Ultimate Sustainable Energy Ltd (USE) on the Alternative Investment Market (AIM) of the London Stock Exchange. The IPO intends to raise c. £7-10m to fund the short-to-medium-term development of renewable/clean energy generation projects. The planned IPO is scheduled for Q4 22 or Q1 23. Post Admission, Kibo expects to hold a significant majority interest of circa 75% in USE.
Th ....