REG - Aura Renewable Acqns - Initial admission - Offcl Lst

Aura Renewable AcquisitionsAnnouncement

08/04/2022 08:00

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RNS Number : 7232H  Aura Renewable Acquisitions PLC  08 April 2022

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Aura Renewable Acquisitions plc

("Aura" or the "Company")

 

Admission to listing on the Official List and to trading on the London Stock
Exchange

 

Aura (LSE: ARA) is pleased to announce that its entire issued ordinary share
capital of 10,500,000 ordinary shares of £0.01 each ("Ordinary Shares") has
today been admitted to listing on the standard segment of the Official List of
the Financial Conduct Authority and to trading on the main market for listed
securities of London Stock Exchange plc under the TIDM "ARA" ("Admission").

The Company will pursue opportunities to acquire businesses in the renewable
energy sector. The Company intends to consider opportunities within the
renewable energy sector focusing on businesses operating in the global
renewable energy sector supply chain, particularly participants in the wind,
solar, biomass, hydropower and green hydrogen supply chain ranging from raw
materials resourcing to power generation, energy storage and recycling.

Prior to Admission, the Company had in issue 500,000 Ordinary Shares and at
Admission issued a further 10,000,000 new Ordinary Shares at an issue price of
10 pence per Ordinary Share, by way of a placing of 9,000,000 Ordinary Shares
and subscription of 1,000,000 Ordinary Shares, raising gross proceeds of
£1,000,000.

Following Admission, the total number of Ordinary Shares in issue will be
10,500,000 and this number 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 Company under the
FCA's Disclosure Guidance and Transparency Rules.

Aura is a public limited company incorporated in England and Wales with
company number 13723431. The Ordinary Shares are registered with ISIN
GB00BKPH9N11, SEDOL code BKPH9N1, TIDM "ARA" and LEI 894500XA241IB9HL7147.

 

- Ends -

 

For further information please contact:

 Aura Renewable Acquisitions plc                        +44 (0)20 8004 8643

 John Croft

 Shard Capital Partners LLP - Broker and Placing Agent  +44 (0)207 186 9952

 Damon Heath

 DMH Stallard LLP - Solicitors to the Company           +44 (0)20 7822 1523

 Nick Williams

 

 

The Company makes this announcement in accordance with the requirements of the
UK version of the EU Market Abuse Regulation, which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended and
supplemented from time to time.

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