Latest Share Chat

IN BRIEF: Mustang Energy increases stake in VRFB Holdings to 50%

Fri, 05th Aug 2022 19:38

Mustang Energy PLC - London-based special purpose acquisition company - Increased holdings in VRFB Holdings Ltd to 49.5% through acquisition of 27% stake from Acacia Resources Ltd.

VRFB is a 50% shareholder in Enerox Holding Ltd, which is a special purpose vehicle that owns Enerox GmbH, an Austrian vanadium redox flow battery manufacturer.

Mustang first picked up a 22% holding in VRFB in April 2021.

Current stock price: 30.60 pence

By Dayo Laniyan; dayolaniyan@alliancenews.com

Related Shares

More News

30 Apr 2024 18:43

EARNINGS: Argo loss widens; Mustang Energy swings to profit

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

12 Apr 2024 12:26

Mustang Energy and Cykel extend GBP19.2 million acquisition deadline

(Alliance News) - Mustang Energy PLC on Friday said its acquisition of Cykel AI PLC has been delayed.

15 Mar 2024 17:36

EARNINGS AND TRADING: Cykel and Mustang push back takeover deadline

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

16 Feb 2024 14:31

IN BRIEF: Mustang and Cykel agree to extend acquisition deadline

Mustang Energy PLC - London-based special purpose acquisition company - Announces with Cykel AI PLC that the pair have extended the deadline for Musta...

19 Jan 2024 14:19

UPDATE: Mustang Energy inks deal to buy Cykel AI; interim loss widens

(Alliance News) - Mustang Energy PLC on Friday said it had struck a deal to acquire Cykel AI for GBP19.2 million.