Deal alert: i(x) Net Zero Plc
PKF supports Admisson to AIM
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Service: Sector: We are delighted to have supported i(x) Net Zero PLC on their Admission to trading on AIM.
Upon Admission, the number of ordinary shares in issue will be 79,056,811, giving Net Zero a market capitalisation of approximately £60.1 million, at the issue price of 76 pence per share.
i(x) Net Zero PLC aims to provide a “positive, scalable, measurable and sustainable impact” on the environment. It has two main focus areas, the first being energy transition, and the second sustainability in the built environment. Examples of investments include waste-to-fuels company WasteFuel Global and Carbon Engineering, specialising in the capture of carbon dioxide which it then uses to make synthetic fuels.
PKF provided Transaction Support on the transaction alongside PKF O’Connor Davies. The Capital Markets team included Joseph Baulf and Marc Rinaldi.