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Advance Energy ( (GB:BCE) ) has provided an update.
Beacon Energy plc has confirmed the timetable and mechanics for a 1-for-1,000 consolidation of its ordinary shares, reducing the number of shares in issue from 18.5 billion existing ordinary shares to approximately 18.5 million new ordinary shares of nil par value. Admission of the consolidated shares to trading on AIM is expected to commence on 31 December 2025, with the company’s total voting rights matching the new share count at 18,511,680. The listing and trading of Beacon’s ordinary shares on AIM remain suspended until the publication of an admission document, anticipated in January 2026, or confirmation that its proposed transaction will not proceed, a step that could influence the company’s capital structure and market positioning once trading resumes.
More about Advance Energy
Beacon Energy plc is an oil and gas company listed on AIM in London, focused on exploration and production activities. Its ordinary shares are traded on the London Stock Exchange’s AIM market, and the company is currently progressing a proposed transaction that will be detailed in an upcoming admission document.
Average Trading Volume: 611,685,800
Technical Sentiment Signal: Sell
Current Market Cap: £722K
See more insights into BCE stock on TipRanks’ Stock Analysis page.