Corrected: BRIEF-New Energy One Acquisition Corp eyes 175 mln stg London listing
09/03/2022 07:09
(Corrects company name in headline, no changes to text)
March 9 (Reuters) - New Energy One Acquisition Corp
* NEOA INTENDS TO RAISE UP TO £175 MILLION THROUGH AN
OFFERING AND
SUBSCRIPTION FOR ORDINARY SHARE CAPITAL IN CONNECTION WITH
ADMISSION.
* NEOA HAS BEEN FORMED FOR PURPOSE OF EFFECTING A BUSINESS
COMBINATION WITH TARGETS THAT ARE POSITIONED TO PARTICIPATE IN
OR BENEFIT FROM GLOBAL TRANSITION TOWARDS A LOW CARBON ECONOMY
* NEOA IS SPONSORED BY LIVESTREAM LLC AND ENI INTERNATIONAL
B.V.
("ENI"), A WHOLLY OWNED SUBSIDIARY OF ENI S.P.A.
* ENI WILL SUBSCRIBE FOR at least 10% of NEOA's ordinary
share
capital (which may increase to up to £25 million) and 25% of the
sponsor capital
* JOINT GLOBAL COORDINATORS AND BOOKRUNNERS FOR TRANSACTION
ARE
J.P. MORGAN SECURITIES PLC AND MERRILL LYNCH INTERNATIONAL.
Source text for Eikon: ID:nRSI1619Ea
Further company coverage: ENRG.V
(Reporting By Sinead Cruise)
((sinead.cruise@thomsonreuters.com;))