Tuesday August 26, 05:03 PM
BioEnergy Africa to raise 8.6 mln pounds on AIM listing; 41.5 mln market cap
LONDON (Thomson Financial) - Bioenergy Africa Ltd., a company formed to develop the production of ethanol from sugar cane projects in order to supply the increasing demand for bio-fuels across the world, said it expects to raise some 8.6 million pounds on its admission to AIM and to have a market capitalisation at that time of 41.5 million pounds.
Admission of the shares is expected on Sept. 1.
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