AFC Energy Plc announces capital raising

  • Nov 19, 2019 GMT
  • Team Kalkine
  • The company has raised £520,000 through a placement of 2,600,000 ordinary shares at 20 pence per share
  • The proceeds from the issue will utilised for completion of orders subsequent to the demonstration of electric vehicles in December 2019
  • The subscription shares are expected to list at the AIM segment of the London Stock Exchange on 22 November 2019.
  • On 19th November 2019, AFC shares were trading at GBX 24.40 at GMT 08:37 AM, down 1.20 points or 4.69% from the previous day’s closing price level.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK