31 July 2025
Lift Global Ventures Plc
("Lift" or the "Company")
Update on Investee Company
Lift Global Ventures Plc (AQSE:LFT), provides an update on its investment portfolio company, Trans-Africa Energy Limited ("TAE").
TAE is focused on developing energy infrastructure projects located primarily in Sub-Saharan Africa, the first of which is in Ghana. Further to its announcement on 30 June 2025, TAE has been further informed by a Southern African state investor, in relation to an investment into TAE ("Investor"), that the Investor has sought approval from its parent company for the execution of the subscription agreement.
In support of TAE's efforts to finalise the investment the Company has agreed to extend the Redemption Date from 31 July 2025 to 31 October 2025.
Capitalised terms shall have the same meaning as the RNS dated 25 October 2024, unless otherwise defined.
The directors of the Company accept responsibility for the contents of this announcement.
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
Enquiries:
| Lift Global Ventures Plc |
|
| Zak Mir, CEO |
+44 (0) 7867 527 659 |
| Oberon Capital (AQSE Corporate Adviser and Broker) |
|
| Nick Lovering, Adam Pollock, |
+44 (0) 203 179 5300 |
For more information please visit: www.liftgv.com
END
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.