London Stock Exchange welcomes Libertine Holdings PLC to AIM

The London Stock Exchange today welcomes Libertine Holdings PLC, a developer of Linear Generator technology, to AIM, trading under the ticker symbol LIB.”

Libertine’s linear electrical machines, controls and developer tools together form a technology platform (intelliGEN™) which the Group provides to Original Equipment Manufacturers (OEMs) for the development of clean, highly efficient and fuel-flexible Linear Generator products.

Linear Generators using Libertine’s technology are expected to deliver efficient and clean power generation from renewable fuels, working alongside battery electrification in hybrid systems to accelerate the decarbonisation of ‘hard to electrify’ applications, including heavy-duty vehicles and a range of distributed power generation applications.

The Company has raised £9 million to fund business development and commercial project delivery, enhance the technical readiness of Libertine’s technology platform, and expand the Company’s technical team and operating facilities.

Sam Cockerill, Chief Executive of Libertine, commented:

"The successful completion of our IPO represents an exciting milestone and marks the beginning of the next phase for Libertine, building on our recent technical and commercial progress. This new investment will allow us to expand our core technology development and business development activities as we work with OEM partners to create Linear Generator products that will work alongside battery electrification to produce clean power from renewable fuels.

“I am delighted to welcome our new shareholders and would like to thank them for their support and for sharing our vision. We look forward to working with them in the years ahead, building on our strong foundations and delivering our growth plans as we help our OEM partners realise the full potential of Linear Generator technology."

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