Environmentally-friendly clean energy producer.

The issued share capital of the Company following completion of the Reverse Takeover is 143,402,476 ordinary shares of £2.667609 each.

Major Shareholders

The Company has been notified of the following holdings of Ordinary Shares which represent 5% or more of its issued share capital and voting rights of the Company.

Name Shares Votes %
Danir AB 41,238,720 28.76%
Lars Guldstrand 10,392,615 7.25%
Christer Grundstrom 11,190,302 7.80%
TOTAL 62,821,637 43.81%

Updated: 1st September 2022

Board of Directors

The Directors of the Company and their beneficial interest in the Ordinary shares of the Company on 1st September 2022 were as follows:

Director Position Ordinary Shares %
Jörgen Andersson Director & Chairman 2,996,744 2.09%
Lars Guldstrand CEO & Director 10,392,615 7.25%
Mustaq Patel CCO & Executive Director 3,299,969 2.30%
Simon Fawcett CFO & Director
Jordan Oxley Independent Director
Dag Andresen Independent Director 412,563 0.29%
TOTAL 17,101,891 11.93%

Convertible Loan

The Company has issued convertible loan notes with a principal value of £2,187,259.41 convertible into 21,872,594 ordinary shares.

The Notes are interest free, have a 10 year term and cannot be converted in the following circumstances:

  1. If conversion would trigger a mandatory bid under Rule 9 of the Takeover Code;
  2. If conversion resulted in less than 25% of the issued share capital of the Company being held by the general public; and
  3. If the conversion would require the issue of a prospectus by the Company.


The Ordinary Shares held by Shareholders who have provided electronic holding details or have requested a paper certificate are in process of been registered in the appropriate accounts or being distributed.

The Ordinary Shares held by Shareholders who have not notified the Company of their preferred method of holding shares are able to do so by contacting the Company Registrar (Avenir Registrars) at


Avenir Registrars Limited
5 St John’s Lane, Farringdon
London EC1M 4BH

Financial Advisor and Corporate Broker

Hannam & Partners
3rd Floor, 7-10 Chandos Street
London W1G 9DQ

Waste-to-Energy is a viable large-scale solution to landfills