22nd Oct 2015 15:26
LONDON (Alliance News) - Auhua Clean Energy PLC Thursday said it was unaware of any reason for the jump in its share price Thursday, as it denied a "rumour" it was planning to delist from AIM.
Shares in the company were up 18% at 2.25 pence, having risen to 2.85 pence earlier in the day.
The environmental technology did note that it was mentioned on website Tuesday, which said the company was involved in a solar power project in Dubai, led by Swedish company Cleanenergy AB. In its statement, however, Auhua said it has no involvement in the project.
Auhua also noted "several other rumours" about the company in recent weeks, including a rumour that it was going to be delisted from AIM, and confirmed it had "no such delisting plans".
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
Copyright 2015 Alliance News Limited. All Rights Reserved.