PKF supports admission to trading on AIM
PKF Littlejohn advised Rift Helium plc on its successful admission to trading on AIM, with trading commencing on 22 April 2026.
Rift Helium plc is a helium exploration company focused on the Upepo Project in southwest Tanzania, located within the Rukwa Rift Basin. The admission to AIM and associated fundraising provides the Company with capital to progress its exploration programme, including 3D seismic acquisition and planned drilling activity.
The transaction involved a placing and subscription of 80,855,000 new ordinary shares at 10 pence per share, raising gross proceeds of approximately £8.1 million. On admission, the Company’s market capitalisation was approximately £13.4 million.
“PKF played a key role in Rift Helium’s successful AIM IPO. Their knowledge of the process, work rate, and sage counsel made them a pleasure to work with. Led by Adam Humphreys, the entire team provided us with first class accounting support.”
Russel Swarts, Chief Finance Officer, Rift Helium plc
PKF acted as reporting accountant to Rift Helium plc in connection with the transaction, supporting management throughout the IPO process and reporting on the relevant financial information included in the AIM Admission Document. The Capital Markets team included Adam Humphreys and Sam Bradshaw.
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