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IN BRIEF: Edenville Energy Proposes Consolidation Of Shares

Fri, 11th Dec 2020 19:36

Edenville Energy PLC - operating of the Rukwa coal project in southwest Tanzania - Proposes consolidation of entire issued share capital of 8.15 billion shares on the basis of one new share for every 1,000 shares.

Should consolidation be approved by shareholders at annual general meeting on January 5, 2021, Edenville's share capital will be reduced to 8.1 million shares.

Current stock price: 0.030 pence

Year-to-date change: down 25%

By Dayo Laniyan; dayolaniyan@alliancenews.com

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