Energys Group Stock Soars 22% on Successful IPO

Generated by AI AgentAinvest Movers Radar
Wednesday, Apr 2, 2025 5:09 am ET1min read
ENGS--

Energys Group's stock price rose to $14.95 in pre-market trading on April 2, 2025, marking a significant milestone for the company.

Energys Group has successfully priced its initial public offering (IPO) at $10.125 million, with 2,250,000 ordinary shares offered at $4.50 per share. This move is expected to close on April 2, 2025, subject to customary closing conditions. The company plans to use the proceeds to accelerate its decarbonization solutions and expand its LED technology.

Energys Group, founded in 1998 by Kevin Cox and Kwok Yan Lau, is headquartered in London and operates as an investment holding company. The company specializes in providing end-to-end customized solutions and services that involve retrofitting existing infrastructures to reduce CO2 emissions. This IPO is a strategic step towards enhancing its market presence and financial capabilities.

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