AFC Energy announced that it is raising £1.4M via a subscription of 14,000,000 shares at 10 pence (a discount of 18.7% relative to the closing price on 19 March 2020, the day prior to agreement of the subscription). The newly issued shares will represent 2.9% of the enlarged share capital.

23 Mar 2020
WHI First Light: AFC Energy (AFC) - Subscription to Raise £1.4M

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WHI First Light: AFC Energy (AFC) - Subscription to Raise £1.4M
AFC Energy plc (AFC:LON) | 9.1 0 0.0% | Mkt Cap: 102.7m
- Published:
23 Mar 2020 -
Author:
Brendan Long -
Pages:
5 -
AFC Energy announced that it is raising £1.4M via a subscription of 14,000,000 shares at 10 pence (a discount of 18.7% relative to the closing price on 19 March 2020, the day prior to agreement of the subscription). The newly issued shares will represent 2.9% of the enlarged share capital.