McPhy Energy announces a secondary placement
Published by David Bizley,
Senior Editor
Oilfield Technology,
McPhy Energy, specialised in hydrogen production and storage equipment for industry and energy markets was informed today that some of its historical institutional investors and business angels have sold part of their holdings in particular to new specialized Renewable Energies’ investors in France and Europe.
8.44% of its capital was placed to new investors based in France and Europe.
“Through this successful deal, we have further diversified our shareholding structure, while increasing our free float. It is also a new step in boosting the liquidity of our share”, commented Pascal Mauberger, Chief Executive Officer of McPhy Energy.
Bryan Garnier & Co and Portzamparc, Société de Bourse, realized the placement on behalf of the historical shareholders.
Adapted from a press release by David Bizley
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/25092014/mcphy-energy-announces-a-secondary-placement/
You might also like
Cushing crude stocks sit less than 2 million bbls above operational floor amid global supply crisis
Cushing crude storage levels have plummeted in recent months. Inventories fell 11.3 million bbls to less than 25 million bbls between early April and early June, according to Wood Mackenzie.
