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REG - i(x) Net Zero PLC - Further Extension for Business Combination

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RNS Number : 2738Y  i(x) Net Zero PLC  02 January 2024

 

 

2 January 2024

i(x) Net Zero PLC

 

("i(x) Net Zero" or the "Company")

 

i(x) Net Zero investment Enphys Acquisition Corp. Proposes Further Extension
for Initial Business Combination

 

 

i(x) Net Zero PLC (AIM: IX.), the investing company which focuses on the
Energy Transition, announces that Enphys Acquisition Corp. (NYSE: NFYS,
"Enphys") has filed a preliminary proxy statement in connection with an
extraordinary general meeting of shareholders of Enphys for the purpose of,
among other things, further extending the time by which it has to consummate
an initial business combination from 8 February 2024 (previously shortened
from the initial proposed timeline of July 2024) to 8 June 2024 (the
"Extension"). The Extension is subject to approval by Enphys shareholders and
a further announcement will be made in due course.

 

 

- Ends -

 

 

 

For further information visit https://ixnetzero.com/
(https://url.avanan.click/v2/___https:/ixnetzero.com/___.YXAzOml4bmV0emVybzphOm86N2IwNzI5ZjFjNmRmYzY5Yjg5ODRhOGZiZWRiYWVmOTk6NjoyMjBhOjRmMGM4Yjg2ZmVkOWZiMzQwN2MwYjQ5ZDVjM2Q0N2I5ZjdmYjRmNDZmYTQ1NjM4Y2NkYTkwYmVjZGEyZTA4YWM6cDpU)
 or contact:

 i(x) Net Zero                              Via Buchanan below
 Pär Lindström - Chief Executive Officer

 Canaccord Genuity Limited                  +44 20 7523 8000

 Nominated Adviser & Broker
 Max Hartley
 Harry Pardoe

 Buchanan
 Helen Tarbet                               +44 7872 604 453
 Simon Compton                              +44 7979 497 324

 

 

Notes to Editors

About i(x) Net Zero PLC

i(x) Net Zero PLC is an AIM quoted investing company that seeks to provides
its shareholders with the opportunity to create long-term capital growth with
positive, scalable, measurable and sustainable impact on the environment and
on the communities it serves.

 

In accordance with its belief that the world's biggest problems are also the
biggest market opportunities, i(x) Net Zero focuses on two critical areas in
which it aims to make a positive impact: (i) Energy Transition and (ii)
Sustainability in the Built Environment.

 

The Company uses a multi-strategy investment approach, providing the companies
in which it invests with the expertise and catalytic capital to help them
grow. To date, i(x) Net Zero has invested in biofuels, direct air capture
(carbon removal), renewable energy, sustainable workforce housing and net zero
construction technology.

 

i(x) Net Zero is a  signatory to the UN Principles for Responsible
Investing.

 

The Company has received the London Stock Exchange's Green Economy Mark.

 

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