eEnergy Group PLC Contract with Utility Data Intelligence Limited (1150W)
08 Dezembro 2023 - 4:00AM
UK Regulatory
TIDMEAAS
RNS Number : 1150W
eEnergy Group PLC
08 December 2023
8 December 2023
eEnergy Group plc
("eEnergy" or "the Group")
Contract with Utility Data Intelligence Limited
Related Party Transaction
eEnergy (AIM: EAAS), the net zero energy services provider,
announces that it has entered into a new contract with Utility Data
Intelligence Limited ("UDI") for the provision of Bureau Services
(the "Contract"). UDI has been a supplier to Beond Group Limited
("Beond") (acquired by eEnergy in December 2020), since 2014
providing such services.
The new Contract will expand the relationship between UDI and
eEnergy and has an estimated annual value of GBP240,000. Under the
terms of this new Contract, UDI will provide the following services
to eEnergy:
- Utility bill cost & consumption auditing;
- Utility cost simulation & budget management; and
- Utility bill issue resolution.
Related Party Transaction
Gary Worby, Non-Executive Director of eEnergy, is Executive
Chairman of and a 23.5% shareholder in UDI. Entering into the
Contract is deemed to constitute a related party transaction under
Rule 13 of the AIM Rules for Companies. Accordingly, all Directors,
with the exception of Gary Worby, are considered to be independent
of the Contract and consider, having consulted with the Company's
Nominated Adviser, Strand Hanson Limited, that the terms of
Contract are fair and reasonable insofar as the shareholders of
eEnergy are concerned.
Contacts:
eEnergy Group plc Tel: +44 20 7078 9564
Harvey Sinclair, Chief Executive info@eenergyplc.com ; www.eenergyplc.com
Officer
Crispin Goldsmith, Chief Financial
Officer
Strand Hanson Limited (Nominated Tel: +44 20 7409 3494
Adviser)
Richard Johnson, James Harris
Canaccord Genuity Limited (Joint Tel: +44 20 7523 8000
Broker)
Max Hartley, Tom Diehl (Corporate
Broking)
Turner Pope Investments (Joint Tel: +44 20 3657 0050
Broker)
Andy Thacker, James Pope info@turnerpope.com
Tavistock Tel: +44 207 920 3150
Jos Simson, Simon Hudson, Katie eEnergy@tavistock.co.uk
Hopkins
About eEnergy Group plc
eEnergy (AIM: EAAS) is a net zero energy services provider,
empowering organisations to achieve net zero by tackling energy
waste and transitioning to clean energy, without the need for
upfront investment. It is making net zero possible and profitable
for all organisations in four ways:
-- Transition to the lowest cost clean energy through the
Group's digital procurement platform and energy management
services.
-- Tackle energy waste with granular data and insight on energy
use and dynamic energy management.
-- Reduce energy use with the right energy efficiency solutions without upfront cost.
-- Reach net zero with onsite renewable generation and electric vehicle (EV) charging.
eEnergy is a Top 5 B2B energy company and has been awarded The
Green Economy Mark by London Stock Exchange.
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END
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