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This announcement is an advertisement and not a prospectus. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. Investors should not purchase any transferable securities referred to in this announcement except on the basis of information contained in the prospectus (the "Prospectus") in its final form that is published by ACP Energy plc in connection with the admission of the ordinary share capital of the Company (the "Ordinary Shares") to listing on the standard segment of the Official List of the Financial Conduct Authority (the "FCA") and to trading on the main market for listed securities (the "Main Market") of London Stock Exchange plc (the "London Stock Exchange").
ACP Energy Plc
("Company" or "ACP Energy")
Announcement of the Publication of a Prospectus and Fundraising
ACP Energy plc, a company formed for the purpose of undertaking an acquisition or acquisitions of a majority interest in a company, business or asset, is pleased to announce that the Prospectus dated 24 January 2022 (the "Prospectus") has been approved by the Financial Conduct Authority in connection with an application for admission of the enlarged Ordinary Share capital of the Company to the Official List (by way of Standard Listing under Chapter 14 of the Listing Rules) of the Financial Conduct Authority and to trading on the London Stock Exchange's Main Market ("Admission"). The Company intends to focus on opportunities in the natural resources sector.
In connection with Admission, the Company will, subject to and conditional upon Admission, issue a total of 16,600,000 ordinary shares having a nominal value of £0.002 each ("Ordinary Shares"), at an issue price of £0.05 per share (the "Fundraising"), based upon a combination of direct subscriptions with the Company and a placing co-ordinated by the Company's broker, Axis Capital Markets Ltd, raising gross proceeds of £830,000.
A copy of the prospectus can also be located on the Company's website at the following address https://acpenergyplc.com/investors and a copy will also be available to download from the National Storage Mechanism as maintained by the Financial Conduct Authority.
The Company expects that Admission and commencement of dealings in the Company's Ordinary Shares will occur at 8.00 a.m. (UK time) on 28 January 2022 under TIDM ACPE. The Company ISIN will be GB00BNVSX371 and SEDOL BNVSX37.
For media and investor queries please contact:
Celicourt Communications
Mark Antelme / Jimmy Lea +44 208 434 2643 / acpenergy@celicourt.uk
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