Infinity Energy
S.A.
("Infinity" or the "Company")
Market Update
As previously announced, the Company continues with the process
of applying for a Standard Listing of the Company’s ordinary shares
on the Main Market of the London Stock Exchange (“Listing”).
The intention of the Board remains, to complete a transaction as
part of a simultaneous listing. To that end, and as previously
announced, the Company is in advanced discussions to acquire a
stake in Transgas Limited by means of a share for share
transaction. Transgas is owned by Gerwyn
Williams, a Director and Shareholder of Infinity Energy
SA.
The Company is currently producing the required documentation
including a prospectus and Competent Person Report and while the
Board is confident in its ability to successfully complete the
process, Shareholders should be aware that there can be no
certainty that the Company will be able to list on the Standard
Segment of the London Stock Exchange.
The Company has appointed the necessary advisors to complete the
process and will issue further updates as matters progress.
The Directors of the Company accept responsibility for the
contents of this announcement.
For further information, please contact:
Infinity Energy S.A.
Gerwyn Williams
|
Tel: +44 7889 677 397
|
Financial Advisers & Joint-Broker
Peterhouse Corporate Finance Limited
Eran Zucker / Lucy Williams |
Tel: +44 20 7469 0930 |