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Stock Exchange approves listing of 35M shares of Africa Clean Energy Solutions

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Stock Exchange approves listing of 35M shares of Africa Clean Energy Solutions

The Listing Executive Committee of the Stock Exchange of Mauritius Ltd (SEM) has approved the listing of up to 35,000,000 new ordinary Shares of Africa Clean Energy Solutions Limited (ACES) on the Official Market.

ACES, incorporated in December 2017 and holding a GBC1 license, aims to develop and operate clean energy power plants throughout Africa and to become aa  independent provider of clean energy.

According to a document published by the SEM, the company said proceeds to be raised through the subsequent issue of the additional ordinary shares will be invested in accordance with tits strategy and investment policy.

As required by the Listing Rules of the SEM, the updated Listing Particulars of the Company will be made available for inspection for at least 10 business days, during normal office hours (from 9 a.m. to 5 p.m. Mauritian time) at the registered office of the company which is situated at c/o Intercontinental Trust Ltd, Level 3, Alexander House, 35 Cybercity, Ebene 72201, Mauritius from 19 May 2022.

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The information and opinions expressed in our published works are those of authors/sources believed to be reliable. NewsMoris makes no representations as to accuracy, completeness, suitability, or validity of any information expressed.