5th 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; [email protected]
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