Completion of Acquisition of Beond Group Limited

RNS Number : 6752I

eEnergy Group PLC

15 December 2020

 

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: [phone]
Harvey Sinclair, Chief Executive Officer	[e-mail] ; www.eenergyplc.com
N+1 Singer (Nominated Adviser and Joint Bookrunner)	Tel: [phone]
Justin McKeegan, Mark Taylor, Carlo Spingardi (Corporate Finance) Tom Salvesen (Corporate Broking)
Turner Pope Investments (Joint Bookrunner)	Tel: [phone]
Andy Thacker	[e-mail]
Newgate Communications	Tel: [phone]
Robin Tozer Isabelle Smurfit	[e-mail]

 

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