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Dial Square Investments PLC ( (GB:EPP) ) has issued an announcement.
EnergyPathways PLC has successfully raised £743,692 through a subscription offered to existing shareholders and directors, issuing 13,424,040 new ordinary shares at a discounted price. The funds will be used to advance pre-development activities for the company’s MESH project, which is poised for significant investment pending government licensing. This move demonstrates the confidence of existing stakeholders in the company’s strategic direction and its potential to attract further private capital.
More about Dial Square Investments PLC
EnergyPathways PLC is an energy transition company focused on developing projects related to compressed air storage, hydrogen storage, and natural gas storage. The company is listed on the AIM market and aims to attract long-term investors to support its strategic initiatives in the UK energy transition sector.
YTD Price Performance: -22.81%
Average Trading Volume: 2,442,565
Technical Sentiment Signal: Sell
For an in-depth examination of EPP stock, go to TipRanks’ Stock Analysis page.