The Company is pleased to announce that the final tranche Consideration Shares in respect of CoalTech Limited, pursuant to the Acquisition, can now be allotted and issued to the South African (“SA”) Resident Vendors. Consideration Shares amounting to 243,553,571 new Ordinary Shares will be issued to the SA Resident Vendors. […]
In July 2019, the Company completed the acquisition of CoalTech Limited and its wholly owned subsidiary, Coal Tech LLC, and Coal Agglomeration South Africa (Pty) Ltd (together the “CoalTech Group”) and was re-admitted to trading on the NEX Exchange. […]
On 16 December 2018, the Company entered into a binding sale and purchase agreement to conditionally acquire 97.5% of CoalTech Limited (“CoalTech”) and 97.5% of Coal Agglomeration South Africa (Pty) Ltd (“CASA”). The Company already owned the remaining shares in both CoalTech and CASA (each equating to 2.5% of the share capital of both CoalTech and CASA). […]
In accordance with the Financial Conduct Authority’s Disclosure and Transparency Rules, the Board of CIA confirms that the Company has 894,211,730 ordinary shares of 0.25 pence each in issue, each share carrying the right to one vote. The Company does not hold any Ordinary Shares in treasury. […]
Clean Invest Africa Plc (NEX:CIA), the NEX Exchange quoted clean technology and renewable energy investment company, is pleased to announce that it has issued unsecured convertible loan notes for a total of GBP130,000 (the “CLNs”). […]
Clean Invest Africa Plc (NEX:CIA), the NEX Exchange quoted clean technology and renewable energy investment company, is pleased to announce that CoalTech Group (“CoalTech”), its recently acquired subsidiary which has developed an innovative agglomeration solution that converts coal fines waste deposits into combustible coal pellets via a proprietary technology, has signed a joint venture agreement with Luxembourg based fund management company Creon Capital to jointly develop opportunities in Russia and CIS.
Clean Invest Africa Plc (NEX:CIA), the NEX Exchange quoted clean technology and renewable energy investment company, is pleased to provide the following update on the activities of its subsidiary CoalTech Group (“CoalTech”), acquired in July 2019.
The Company announced on 5 July 2018 that it had been made aware that a broker member firm failed to report trades in the Ordinary Shares of the Company, in accordance with the trading rules of the NEX Exchange Growth Market (“NEX”). The Company is now aware that there is a broader investigation by the FCA into Direct Market Touch and its conduct and activities relating to the Company’s ordinary shares.
Approval of the Waiver Resolution under Rule 9 of the Takeover Code and Re-Admission to NEX Exchange The Company is pleased to announce the posting today of a notice convening a General Meeting of the Shareholders, to be held on 3 July 2019 at 11 a.m., at the offices of Peterhouse Capital Limited, New Liverpool House, 15-17 Eldon Street, London, […]