Net Zero Infrastructure: fundraising shares advance toward admission, but trading stays suspended
Net Zero Infrastructure announced on 7 September 2026 that 41.45 million shares at 1p are expected to be admitted on 8 September.
Financing and dilution
These shares relate to previously announced fundraisings totalling £414,500 gross, rather than a separate new £414,500 financing today. Following admission, issued share capital is expected to reach 102.15 million shares.
The associated 20.725 million warrants are exercisable at 1.5p for three years. They create additional potential dilution if exercised, with exercise proceeds conditional on holders choosing to subscribe.
The update also discloses a £100,000 drawdown on 28 May and confirms Kenn MacMillan's board appointment from 4 September.
Admission does not restore trading
The shares remain suspended. The company says suspension continues until publication of an AIM admission document for the proposed reverse takeover, or abandonment of that transaction and satisfaction of the requirements to lift suspension.
The key follow-up is therefore the transaction documentation and trading status, alongside the use of funds and enlarged share count.
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