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EARNZ plc Completes Acquisition and Announces Leadership Changes

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EARNZ plc Completes Acquisition and Announces Leadership Changes

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Verditek Plc ( (GB:EARN) ) has provided an announcement.

EARNZ plc announced the successful passing of resolutions at its General Meeting, leading to the issuance of 3,611,111 new ordinary shares as part of the acquisition of A&D Carbon Solutions LTD. The new shares are expected to be admitted to trading on AIM by July 1, 2025, marking the completion of the acquisition. Additionally, the company will see leadership changes with Peter Smith becoming CEO, Bob Holt as Non-Executive Chair, and John Charlton stepping down as director but remaining as Company Secretary.

More about Verditek Plc

EARNZ plc is an energy services company focused on capitalizing on the global drive for decarbonization.

Average Trading Volume: 1,026,008

Technical Sentiment Signal: Sell

Current Market Cap: £5.53M

Find detailed analytics on EARN stock on TipRanks’ Stock Analysis page.

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