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Technologies New Energy PLC Aligns Financial Year with Subsidiary

Story Highlights
  • Technologies New Energy PLC focuses on clean energy projects for industrial decarbonisation.
  • The company changed its financial year end to align with its subsidiary after a reverse takeover.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Codex Acquisitions PLC ( (GB:TNE) ) has provided an update.

Technologies New Energy PLC has announced a change in its accounting reference date and financial year end from 31 December to 30 April. This change aligns the company’s financial year with its wholly-owned subsidiary, TNE Portugal, following a reverse takeover. The adjustment will affect the timing of the company’s financial reporting, with the next audited annual accounts covering a 16-month period to be published by 31 August 2025.

More about Codex Acquisitions PLC

Technologies New Energy PLC is an energy transition company that focuses on developing clean energy projects aimed at driving industrial decarbonisation for clients with international business operations.

Technical Sentiment Signal: Buy

See more insights into TNE stock on TipRanks’ Stock Analysis page.

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