Latest Share Chat

Amte Power plans to raise GBP250,000 through retail offer

Wed, 27th Sep 2023 15:02

(Alliance News) - Amte Power PLC shares were down on Wednesday, after it said it plans to raise GBP250,000 through a retail offer.

The London-based lithium-ion and sodium-ion battery cells developer and manufacturer said the shares were issued at a price of 1.7 pence each.

The issue price represents a discount of 24% to the closing share price of 2.24 pence per share on Tuesday.

Its shares were down 19% to 1.81 pence each in London on Wednesday afternoon.

By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Related Shares

More News

2 Feb 2024 10:46

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

Amte Power PLC - London-based lithium-ion and sodium-ion battery cells developer - Says joint administrators Richard Bloomfield, Ian Corfield and Mich...

19 Jan 2024 14:27

IN BRIEF: Amte Power pursuing sale of assets; appoints administrators

Amte Power PLC - London-based lithium-ion and sodium-ion battery cells developer - Appoints administrators from FRP Advisory Trading Ltd as it engages...

8 Jan 2024 12:47

Amte Power files second notice of intention to appoint administrator

(Alliance News) - Amte Power PLC on Monday said it filed a second notice of intention to appoint an administrator, after receiving interest in its bus...

19 Dec 2023 15:58

AMTE Power suspends trading and enters into administration

(Alliance News) - AMTE Power PLC announced on Tuesday that it intends to appoint administrators after failing to raise funds to continue trading.

4 Dec 2023 17:33

TRADING UPDATES: 600 Group disposal and funding talks continue

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: