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  2. Share Prices
  3. Pineapple Power Share Price
  4. Pineapple Power Share News
  5. IN BRIEF: Pineapple Power plans reverse takeover of Irish fund manager

Pin to quick picksPineapple Power Share News (PNPL)

Pineapple Power Information
  • This share is currently suspended. It was suspended at a price of 2.74

Share Price Information for Pineapple Power (PNPL)

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Share Price: 2.74
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IN BRIEF: Pineapple Power plans reverse takeover of Irish fund manager

Tue, 17th Aug 2021 14:29

Pineapple Power Corporation PLC - cash shell with a focus on acquisitions in clean and renewable energy sectors - Signs non-binding heads of terms to buy BVP Investments Ltd, Dublin-based and eco-focused fund manager, in reverse takeover. Shares suspended under takeover rules, plans equity financing to fund future investment and working capital requirements of BVP. Pineapple Power proposes to change its name to Cool Capital upon completion of acquisition.

Current stock price: 8.60 pence

Year-to-date change: up 76%

By Josie O'Brien; josieobrien@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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