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EQTEC plc ( (GB:EQT) ) has issued an announcement.
EQTEC plc has announced the publication of a circular and notice of an extraordinary general meeting following a significant investment and strategic partnership with Compact WTL Tech Limited (CWTL). The company has entered into an option agreement with CWTL for a potential further investment of £1.5 million, along with a novation agreement transferring existing loan facilities to CWTL. This move is expected to strengthen EQTEC’s financial position and enhance its market presence, with implications for shareholders regarding share capital and voting rights.
More about EQTEC plc
EQTEC plc is a leading licensor and innovator of syngas technology, focusing on the clean conversion of waste into sustainable energy and biofuels, supporting the circular economy.
Average Trading Volume: 1,279,817
Technical Sentiment Signal: Sell
Current Market Cap: £4.33M
Find detailed analytics on EQT stock on TipRanks’ Stock Analysis page.