- Title:
Completion of Acquisition of Beond Group Limited - Time:
07:00:08 - Date:
15 Dec 2020 - Category:
Acquisitions and alliances - ID:
6752I
15 December 2020
eEnergy Group plc
("eEnergy", "Company" or "the Group")
Completion of Acquisition of Beond Group Limited
The Board of eEnergy Group plc (AIM: EAAS), a leading "Energy Efficiency-as-a-Service" (EEaaS) business in the UK and Ireland, is pleased to confirm that, further to the announcements of 11 December 2020, the Company has completed the Acquisition of Beond Group Limited "(Beond"). As previously stated, the compulsory purchase procedure for the remaining minority interest in Beond has commenced and is now expected to be completed on or about 13 January 2021.
Confirmation of Board Appointment
Further to the announcement on 11 December 2020, the appointment of Derek Myers, previously the Chief Executive Officer of Beond, to the Board of the Company, as Chief Innovation Officer has now become unconditional. The same announcement of 11 December contains disclosures in accordance with Schedule 2(g) of the AIM Rules for Companies.
Contacts:
| eEnergy Group plc |
Tel: +44 20 7078 9564 |
| Harvey Sinclair, Chief Executive Officer
|
[email protected]; www.eenergyplc.com
|
| N+1 Singer (Nominated Adviser and Joint Bookrunner) |
Tel: +44 20 7496 3000 |
| Justin McKeegan, Mark Taylor, Carlo Spingardi (Corporate Finance) Tom Salvesen (Corporate Broking)
|
|
| Turner Pope Investments (Joint Bookrunner) |
Tel: +44 20 3657 0050 |
| Andy Thacker
|
|
| Newgate Communications |
Tel: +44 7540 106 366 |
| Robin Tozer Isabelle Smurfit |
Completion of Acquisition of Beond Group Limited07:00:0815 Dec 2020Acquisitions and alliances6752I