Brief: Velocys Is In Discussions With Consortium Led By Lightrock And Carbon Direct Capital Management Regarding Near-Term Funding
20/11/2023 07:45
Nov 20 (Reuters) - Velocys PLC VLSV.L :
* VELOCYS PLC - FUNDING UPDATE AND STATEMENT RE POSSIBLE
OFFER
* VELOCYS PLC - RECEIVED A NON-BINDING INDICATIVE ALL-CASH
OFFER
FOR ENTIRE ISSUED AND TO-BE-ISSUED SHARE CAPITAL OF COMPANY AT A
PRICE OF 0.25P/SHARE
* VELOCYS PLC - COMPANY IS IN DISCUSSIONS WITH CONSORTIUM
LED BY
LIGHTROCK AND CARBON DIRECT CAPITAL MANAGEMENT REGARDING
NEAR-TERM FUNDING
Further company coverage: VLSV.L
((Reuters.Briefs@thomsonreuters.com;))