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Share Price: 125.50

Bid: 124.00

Ask: 127.00

Change: 2.00 (1.62%)

Spread: 3.00 (2.419%)

Open: 123.50

High: 125.50

Low: 123.50

Prev. Close: 123.50

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IN BRIEF: Amte Power joint administrators agree business, asset sale

Fri, 02nd Feb 2024 10:46

Amte Power PLC - London-based lithium-ion and sodium-ion battery cells developer - Says joint administrators Richard Bloomfield, Ian Corfield and Michelle Marie Elliot of FRP Advisory Trading Ltd have entered a business & sale agreement, regarding the sale of a part of the trading business and some other assets to LionVolt Ltd. Amte Power reiterates that if it fails to appoint a replacement nominated advisor following the resignation of WH Ireland Ltd in January, its admission of shares to trading on AIM will be cancelled. AMTE has one month to appoint a new nominated advisor after WH Ireland's resignation on January 19.

Current stock price: 0.88 pence

12-month change: down from 63.5p on February 2, 2023

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

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IN BRIEF: Amte Power joint administrators agree business, asset sale

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