1st Jul 2020 18:14
eEnergy Group PLC - energy efficiency services provider based in London - Buys Renewable Solutions Lighting Ltd, which specialises in providing the UK education sector with fully funded LED lighting solutions, for GBP2.2 million, to be paid in eEnergy shares. Maximum number of shares payable, assuming all earn-out payments are made, is 29.3 million new eEnergy shares. Combination of eEnergy and Renewable Solutions will create the UK's market leader in providing Energy Efficiency-as-a-Service solutions to the education sector.
Current stock price: 5.75 pence
Year-to-date change: down 52%
By Tapan Panchal; [email protected]
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eEnergy Group