SulNOx Group PLC - Statement re planned fund raise
RNS Number : 5777L
SulNOx Group PLC
01 May 2020
 

 

SulNOx Group Plc (the "Company" or "SulNOx")

Further to Planned Fund Raise

 

(Aquis Stock Exchange: SNOX)

 

1st May 2020

Further to yesterday's announcement entitled Planned Fund Raise, the Company wishes to confirm that it intends to proceed with a placing of new ordinary to raise a minimum £100,000 at a price of 40 pence per share. Subscribers to the placing will also be issued one warrant for each ordinary share exercisable at 40p within three years of issue.

SulNOx is an Enterprise Investment Scheme qualifying company and qualifying subscribers would receive their EIS certificate (against their placing shares) following their investment.

Lifting of suspension.

As a result of this announcement, trading in the Company's shares will resume this morning.

 

Enquiries:

SulNOx Group Plc:

Nicholas Nelson, Chief Executive

info@sulnoxgroup.com

Flagstaff, Strategic and Investor Communications

Tim Thompson, Fergus Mellon

 

+44 (0) 207 129 1474

Aquis Stock Exchange Corporate Adviser:

Alexander David Securities Limited

 

+44 (0) 20 7448 9820

David Scott - Corporate Finance,   James Dewhurst - Corporate Broking

 

The directors take responsibility for this announcement.

About SulNOx Group Plc

SulNOx, www.sulnoxgroup.com, has developed a hydrocarbon fuels conditioning and emulsifying process which enables more efficient fuel combustion, potentially leading to reduced fuel consumption and significantly lowered emissions.


This information is provided by RNS, the news service of the . RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
NEXEANLEDDKEEFA ]]>