Standard list shell Dial Square Investments moved to AIM at the same time as the reverse takeover of EnergyPathways and it subsequently changed its name to the latter. The original intention was to seek a sports management business, but instead it acquired a developer of UK gas assets.
The focus is near-term, low emission energy and it has an interest in a block in the UK Irish Sea Basin. This could help to provide energy security for the UK. The cash raised will fund initial field development before the drilling of wells.
The shares had been suspended at 3.25p and they ended the first ...