Energy Solutions International Ltd, AU000000ESL4

Energy Solutions International Ltd, AU000000ESL4

17.05.2018 - 14:05:22

ESI Energy Solutions International Ltd. prefers the IPO to the second quarter of 2018

The listing of ESI Energy Solutions International (BC) Ltd. (WKN: A2H56X ; ISIN: CA29644A1084) should first be done at the end of the 3rd quarter of 2018. The successful acceleration of the plans, including the merger of Energy Solutions International Ltd (WKN: A2AB6H) and ESI Energy Solutions International (BC) Ltd. (WKN: A2H56X), trading on European stock exchanges will now take place in the second quarter of 2018. The company will shortly set the price range for the IPO and publicly announce it. The forthcoming IPO should enable a capital procurement in the range of 100 to 150 million euros. The proposed offering of the Securities is expected to consist of a public offering in Europe and international private placements, while also targeting qualified institutional investors. The money is to be invested in further growth financing, especially in the international operating business.

ESI Energy Solutions International (BC) Ltd. is a multinational energy company. It creates strategic partnerships and invests in energy markets of different countries around the world. The company's core businesses are divided into Emerging Technologies and Emerging Stars. In Emerging Technologies, the company invests in new and innovative technologies, investing in promising companies and projects with emerging stars. A key element of the projects is the cooperation with various solar companies, partly through government contracts.

At present, ESI Energy Solutions International (BC) Ltd. has several international cooperation agreements and is in negotiations with various companies in Saudi Arabia, the United Arab Emirates, India, Nigeria, Australia, Turkey, Bulgaria and Morocco. In addition, ESI Energy Solutions International (BC) Ltd. has received an equity offer from a major shareholder in the United Kingdom, but was rejected by the Board of ESI Energy Solutions International (BC) Ltd. for economic reasons.  

Managing Media Director

Jessica Walker E-Mail: jessica.walker@energysolutionsint.com

17.05.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

687185  17.05.2018 

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