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Path Investments To Transfer UK Listing From Main Market To AIM (ALLISS)

4th Sep 2018 13:31

LONDON (Alliance News) - Path Investments PLC said on Tuesday it will cancel its London Main Market listing, and move to the AIM market in mid-September.

In conjunction, GBP10 million will be raised through a placing of new shares in the company, the proceeds of which will go towards providing sufficient funding to complete a farm-in agreement with 5P Energy GmbH to acquire a 50% stake in Alfeld-Elze II licence, a producing gas field in Germany.

All 195.9 million of Path Investments' issued shares will be moved to AIM.

Shares in Path Investments are currently suspended.


Related Shares:

PATH.L
FTSE 100 Latest
Value8,853.08
Change20.80