14 November 2017
(“CIA” or the “Company”)
Admission to the NEX Exchange Growth Market
On Admission, the Company will have net funds of £512,440 and there will be 156,100,000 Ordinary Shares in issue, which rank pari passu in all respects.
The Company’s primary strategy is to acquire interests in and to own, assist and manage clean energy companies and projects, including renewable energy projects and projects that create environmental benefits through greenhouse gas emission reductions. Renewable energy can generally be defined as energy (such as electricity, transportation fuels, sources of process heat, etc.) derived from resources that are regenerative or for practical purposes cannot be depleted. Renewable energy technologies may be broadly divided into two categories: (1) production of electricity, from sources such as wind, solar, geothermal, hydro, biomass, or municipal wastes; and (2) production of transportation fuels, such as ethanol and biodiesel. Renewable energy is generally considered to involve relatively less environmental impact than traditional sources of energy. The combustion of renewable fuels typically results in a reduction of greenhouse gases (CO2, methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons and sulphur hexafluoride) produced per unit of energy when compared with traditional sources of energy.
Market capitalisation at 1p is £1,561,000
Details of Directors
The full names of the Directors of the Company and positions are as follows:
Samuel has over 20 years of environmental consulting experience, having completed over 1,500 projects in
Samuel has overseen the technical evaluation and permitting of alternative energy projects across the
Samuel spent five years as an in-house technical specialist at an international construction contractor, Laing O’Rourke, working on projects in the technology and energy sectors.
Samuel was previously a director responsible for the
Samuel has access to a network of environmental and energy technical experts located across
Andrew has over 22 years' experience in the oil & gas sector and commenced his career as a Petroleum Engineer with
Andrew holds a BEng degree in Chemical Engineering from
Noel started his career in the accounting profession and progressed from there to management and director level within various organisations. He has worked for such companies as Amoco/BP, Coca Cola,
Noel has been involved in several listings on AIM and the NEX Exchange Growth Market in both a management and advisory capacity, including as co-founder and, initially, as a non-executive director of Karoo Energy plc. Noel has an MBA and masters in Accounting and Finance.
On Admission the interests of the Directors and their immediate families and, so far as they are aware having made due and careful enquiries, of persons connected with them (all of which are beneficial, unless otherwise stated) (so far as is known to the Directors, or could with reasonable diligence be ascertained by them) (within the meaning of sections 252 to 254 of the
Director Number of Ordinary Shares on Admission % of Issued Share Capital Samuel Preece 1,200,000 0.77 Andrew Matharu 1,200,000 0.77 Noel Lyons 9,800,000 6.28
In addition to the Directors holdings disclosed above, the Company has been notified or is aware of the following holdings which will, following Admission, represent more than 3 per cent. of the Issued Share Capital or voting rights of the Company:
Name Number of Ordinary Shares on Admission % of Issued Share Capital René Carayol 9,800,000 6.28 Jim Nominees 132,500,000 84.88
The Directors of the Company are responsible for the content of this announcement.
For further information, please contact:
Sam Preece+ 44 (0) 20 3130 0674 NEX Exchange Corporate Adviser Peterhouse Corporate Finance Limited Guy Miller/ Mark Anwyl+44 (0) 20 7469 0936