London Stock Exchange today welcomes European Green Transition Plc’s Admission to Aim

European Green Transition, a company developing a portfolio of green economy assets in Europe which aims to capitalise on the opportunity created by the green energy transition, today marks a milestone as it celebrates the admission of its shares to trading on the AIM market of the London Stock Exchange under the ticker “EGT”.

EGT's strategy is to develop a portfolio of green economy assets in Europe, capitalising on Europe's green energy transition. The Company intends to implement a disciplined M&A focused model and has already built a portfolio of assets, notably its principal Olserum Rare Earth Element (REE) project, which has potential to be Europe’s first commercial rare earths mine.

The team celebrating on the balcony at LSEG during the welcome ceremony.

On admission the market capitalisation of the Company based on the placing and subscription price of 10 pence per Share was approximately £14.45 million.

“Today’s listing and placing is a crucial milestone for EGT and will accelerate our M&A growth pipeline. The funds raised will contribute directly to the energy transition, strengthening the Company’s position to acquire distressed and undervalued green economy assets in Europe.”

“I would like to thank our new and existing shareholders for their support and commitment to investing in the future. We are confident in our capability to deliver shareholder returns through developing a profitable and sustainable business, and I look forward to updating the market on future progress.”

Aiden Lavelle
Chief Executive Officer of European Green Transition

Find out more about European Green Transition.

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