The Global Resource For Connecting Buyers and Sellers

Edenville to restructure share capital

Aim-listed Edenville Energy is planning to restructure its share capital to unlock the issue of further equity to continue the development of a coal-to-power project in south-west Tanzania. A general meeting will be held on August 30 to propose to shareholders the resolutions to subdivide and consolidate the company’s issued share capital, effectively reducing the number of issued ordinary shares by a multiple of around 20.