Initial admission - Offcl Lst

RNS Number : 7232H

Aura Renewable Acquisitions PLC

08 April 2022

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

Aura Renewable Acquisitions plc

("Aura" or the "Company")

Admission to listing on the Official List and to trading on the London Stock Exchange

Aura (LSE: ARA) is pleased to announce that its entire issued ordinary share capital of 10,500,000 ordinary shares of £0.01 each ("Ordinary Shares") has today been admitted to listing on the standard segment of the Official List of the Financial Conduct Authority and to trading on the main market for listed securities of London Stock Exchange plc under the TIDM "ARA" ("Admission").

The Company will pursue opportunities to acquire businesses in the renewable energy sector. The Company intends to consider opportunities within the renewable energy sector focusing on businesses operating in the global renewable energy sector supply chain, particularly participants in the wind, solar, biomass, hydropower and green hydrogen supply chain ranging from raw materials resourcing to power generation, energy storage and recycling.

Prior to Admission, the Company had in issue 500,000 Ordinary Shares and at Admission issued a further 10,000,000 new Ordinary Shares at an issue price of 10 pence per Ordinary Share, by way of a placing of 9,000,000 Ordinary Shares and subscription of 1,000,000 Ordinary Shares, raising gross proceeds of £1,000,000.

Following Admission, the total number of Ordinary Shares in issue will be 10,500,000 and this number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Aura is a public limited company incorporated in England and Wales with company number 13723431. The Ordinary Shares are registered with ISIN GB00BKPH9N11, SEDOL code BKPH9N1, TIDM "ARA" and LEI 894500XA241IB9HL7147.

- Ends -

For further information please contact:

Aura Renewable Acquisitions plc John Croft	[phone]
Shard Capital Partners LLP - Broker and Placing Agent Damon Heath	[phone]
DMH Stallard LLP - Solicitors to the Company Nick Williams	[phone]

The Company makes this announcement in accordance with the requirements of the UK version of the EU Market Abuse Regulation, which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended and supplemented from time to time.

 

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