Appointment of Broker
Net Zero Infrastructure PLC has appointed Clear Capital Markets Ltd as its broker and announced plans to raise £250,000 through the issuance of new ordinary shares at 0.75p each, accompanied by one warrant for every two shares, exercisable at 1.5p and expiring in three years. The funds raised will primarily cover professional fees associated with the company's RTO and proposed AIM admission.
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NET ZERO INFRASTRUCTURE PLC (LSE: NZI) (the "Company"), a special purpose acquisition company, announces the appointment of Clear Capital Markets Ltd as broker to the Company with immediate effect.
As previously announced, the Company intends to raise funding of £250k through the issue of new ordinary shares in the Company at 0.75p per share with additionally the issue of 1 warrant for every 2 ordinary share issued, exercisable at 1.5p and expiring 3 years from the date of issue, with the ability of the Company to accept over subscription. The funds raised will be used primarily to cover professional fees as it progresses its RTO and proposed admission to AIM.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.