Codex Acquisitions PLC ( (GB:TNE) ) has issued an update.
Technologies New Energy plc has announced the approval and publication of its prospectus by the Financial Conduct Authority, marking a significant step towards its listing on the Main Market of the London Stock Exchange. This move is expected to enhance the company’s growth trajectory and global visibility, with its market capitalization estimated at £31,767,810 upon admission. The listing will involve 158,839,050 ordinary shares, 11.6% of which will be publicly held, and aims to support TNE’s ambitious expansion plans in the renewable energy sector.
More about Codex Acquisitions PLC
Technologies New Energy plc (TNE) is a global supplier specializing in advanced solutions and projects aimed at accelerating energy transition, achieving decarbonization goals, and facilitating digital transformation on a large scale. The company operates through three main units: consulting on renewable energy project design and regulation, contracting for the construction and installation of renewable energy projects, and managing a proprietary portfolio of projects utilizing a unique hybrid biorefinery technology.
Technical Sentiment Signal: Buy
Learn more about TNE stock on TipRanks’ Stock Analysis page.