Completion of the Acquisition of GEM Newco Limited

Summary by AI BETAClose X

EARNZ plc has announced the completion of its acquisition of GEM Newco Limited, with the associated admission of 218,146,725 new ordinary shares expected to occur on 21 October 2026. This acquisition is a significant step for the energy services company, which aims to capitalize on the global decarbonisation trend.

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Earnz PLC
20 October 2026
 

20 October 2026

EARNZ plc

("EARNZ", the "Company" or the "Group")

Completion of the Acquisition of GEM Newco Limited

EARNZ plc ("EARNZ" or the "Company") (AIM: EARN), an energy services company whose objective is to capitalise on the drive for global decarbonisation, announces that, further to the announcement today at 7:00 a.m, completion of the acquisition of GEM Newco Limited and the associated admission of 218,146,725 new ordinary shares is expected to take place tomorrow, 21 October 2026.

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Earnz Plc

Bob Holt/Peter Smith/Elizabeth Lake

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Zeus (Nominated Adviser, Broker and Joint Bookrunner)

Investment Banking

Antonio Bossi / Andrew de Andrade / Alex Slater

Corporate Broking

Dominic King / Alex Bartram

 

+44 (0) 203 829 5000

 

Camarco (Financial PR)

Ginny Pulbrook / Tom Huddart

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