Earnz Plans to Raise £3.7M to Fund Due Diligence for Acquisitions In Energy & De-Carbonisation

Business Support • Online • In Print • In Person

Earnz Plans to Raise £3.7M to Fund Due Diligence for Acquisitions In Energy & De-Carbonisation

C2S member Bob Holt OBE has taken control of EARNZ, formerly Verditek PLC with ambitions to support organisations in Energy, Advisory, Regeneration & Net Zero.

Earnz plans to raise £3.7m ($4.7 million) to fund due-diligence costs on potential acquisitions.

The London-listed company said that it plans to raise £3.0 million via share placing of nearly 40 million shares at 7.5 pence each and a further £700,000 through a subscription of 9.4 million shares at the same price.

The fundraising shares will represent around 78% of Earnz’s capital following the consolidation but before the issue of the new shares, the company said. (Source: https://www.marketwatch.com/story/earnz-plans-to-raise-gbp3-7-mln-to-fund-due-diligence-for-acquisitions-5c7ccea1)

Bob said “I am pleased to announce that I have taken control of the Stock Market listed Verditek plc to be renamed EARNZ plc. We will be acquiring businesses in the Energy sector. Many thanks to all the advisors working on this spearheaded by Tom Griffiths at Shore Capital”

We are looking to acquire and or invest in companies in the following sector’s;

Energy / Advisory / Regeneration / Net Zero

Find out more: https://earnzplc.com/contact-us

Get in touch with Bob if you would like to know more: https://www.linkedin.com/in/bob-holt-obe-587a8410/