London Office Advises Numis Securities on the Admission of AIM of Econergy International PLC
LONDON (2 March 2006) — The law firm of McDermott Will & Emery UK LLP has advised Numis Securities Limited, as nominated adviser and broker, on the admission to AIM of Econergy International PLC. Econergy raised gross proceeds of £60 million via a placing of 60 million ordinary shares at a price of 100p per share and its initial market capitalisation on admission was £87 million.
Econergy was founded in 1994 and operates from a network of offices in the United States and Latin America. The company has four primary areas of operation: clean energy investment and development, carbon brokerage, fund management and consultancy.
