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Auhua Notes Speculation But Says No Takeover Approach Has Been Made

Fri, 28th Aug 2015 15:21

LONDON (Alliance News) - Auhua Clean Energy PLC Friday said it has noted the recent movement in its share price amid speculation about a potential takeover offer for the company.

The company, which makes and sells solar-powered water heating systems, said it has not received any approach about a potential offer for the company.

Auhua shares were up 6.6% to 3.28 pence per share on Friday afternoon, having hit 4.50p prior to Auhua's announcement.

By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

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