13th Oct 2026 11:43
EnergyPathways PLC - West Sussex, England-based energy infrastructure projects – Shares resume trading in London on Tuesday, after EnergyPathways raises GBP1.8 million from a placing of 30.4 million new shares at 5.75 pence each with a single institutional investor. The company had made use to the AIM market's capital access window to suspend trading in its shares during the equity raise. EnergyPathways says the investor asked to invest in the company on a "sole basis". The fresh cash will be used to accelerate the company's Mesh project by acquiring some land, existing pipelines and technical data. The Marram energy storage hub is located in the east Irish Sea about 11 miles off the Lancashire coast. The compressed air, gas and hydrogen storage facility will allow for more flexible use of renewable energy in the UK.
Current stock price: 5.90 pence, down 22% in London on Tuesday for GBP16.6 million market capitalisation based on new share total of 282.1 million shares.
12-month change: down 12%
By Tom Waite, Alliance News editor
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