Verditek Plc (GB:EARN) has released an update.
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EARNZ plc, an energy services company focused on global decarbonisation, is convening a general meeting to seek shareholder approval for increased share authority to fund a proposed acquisition and associated share placing. The company has recently completed acquisitions of two energy firms and is now targeting a family-owned company specializing in decarbonisation solutions, aiming to secure the deal for £7.5 million in cash and shares, pending due diligence. Shareholder approval is being expedited due to potential changes in the capital gains tax regime that could affect the deal.
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