Net Zero Infrastructure Plc

Equities

NZI

GB00BNK8T635

Investment Management & Fund Operators

Market Closed - London S.E. Other stock markets 02:30:00 2023-06-01 am EDT			5-day change	1st Jan Change
1.35 ^GBX	-.--%		-.--%	-.--%

Feb. 02	Net Zero Infrastructure loss steady as sets reverse takeover	AN
Jan. 29	Net Zero Infrastructure Plc Reports Earnings Results for the Half Year Ended September 30, 2023	CI

Net Zero terminates acquisition deal on lack of funds

January 04, 2024 at 08:32 am EST

Net Zero Infrastructure PLC - special purpose acquisition company focused on renewable or clean energy technology companies - Mutually terminates agreement to buy the entire share capital of LINE Hydrogen (Australia) Pty Ltd, with immediate effect. Says the reason for the termination was lack of available funding "given the current market conditions".

Says it is "actively considering" another acquisition opportunity in a different sector of the market, which would constitute a reverse takeover. Non-binding heads of terms are currently being negotiated. However, as there is no guarantee this will be signed, requests that shares remain suspended for the time being.

Net Zero infrastructure shares are currently suspended from trading.

By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Net Zero Infrastructure Plc

Net Zero Infrastructure loss steady as sets reverse takeover	Feb. 02	AN
Net Zero Infrastructure Plc Reports Earnings Results for the Half Year Ended September 30, 2023	Jan. 29	CI
Coro Energy strikes finance deal in Vietnam	Jan. 18	AN
QuiaPeg Shares Gain on Nonbinding Deal with Net Zero Infrastructure	Jan. 18	MT
Net Zero terminates acquisition deal on lack of funds	Jan. 04	AN
Net Zero Infrastructure Terminates Indicative Proposal to Buy Line Hydrogen (Australia)	Jan. 04	MT
Net Zero Infrastructure plc Announces Resignation of Alejandro Cireulos as Director	23-06-02	CI
LINE Hydrogen Pty Ltd executed a heads of terms to acquire Net Zero Infrastructure Plc in a reverse merger transaction.	23-05-31	CI
Net Zero Infrastructure Plc Reports Earnings Results for the Full Year Ended March 31, 2023	23-05-29	CI
Net Zero Infrastructure plc Announces Lord James Wharton Resigns as Director, Effect from 12 April 2023	23-04-14	CI
Net Zero Infrastructure Requests London Stock Exchange to Restore Listing	23-02-13	MT
Net Zero Infrastructure Plc Reports Earnings Results for the Half Year Ended September 30, 2022	23-01-18	CI
Net Zero Infrastructure Plc Reports Earnings Results for the Thirteen Months Ended March 31, 2022	23-01-06	CI
Net Zero Infrastructure Cancels Purchase Talks for Taylor Construction, Solar Highways on Lack of Funding	22-11-18	MT
Net Zero Infrastructure Plc cancelled the letter of intent to acquire Taylor Construction Plant Limited and Solar Highways Limited.	22-11-17	CI
Certain Ordinary Shares of Net Zero Infrastructure Plc are subject to a Lock-Up Agreement Ending on 14-SEP-2022.	22-09-13	CI
SPAC Net Zero Infrastructure Plans Reverse Takeover Of British Infrastructure Services Provider TCP	22-05-19	MT
Net Zero Infrastructure Plc signed a non-binding letter of intent to acquire Taylor Construction Plant Limited and Solar Highways Limited.	22-05-18	CI
Net Zero Infrastructure Plc has completed an IPO in the amount of ?1.5 million.	21-09-14	CI
Net Zero Infrastructure Plc has filed an IPO in the amount of ?1.5 million.	21-09-08	CI

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Company Profile

Net Zero Infrastructure PLC is a United Kingdom-based special purpose acquisition company. The Company is formed for the purpose of acquiring a company or business in the clean and renewable energy sectors that it would develop and grow. The Companyâs objective is to acquire a business, company, asset or project in the clean and renewable energy sectors in order to generate an attractive rate of return for shareholders.

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