Executive Summary
In Feb 2006, Energy Assets Limited announced it is to join AIM via Reverse Takeover of Ricmore PLC. EAL was set up to provide meter asset management services, including utilising new forms of technology, to industrial and commercial users of gas and electricity and their suppliers. This includes a range of activities from technical support, operational services, data collection and management of supply chain. Ricmore was formed to seek to establish, invest in or acquire assets, businesses or companies in the internet and technology related services sector in the UK. The Directors believe that the Acquisition presents an opportunity to acquire a company that has the potential to significantly increase shareholder value.
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