9th February 2022
i(x) Net Zero PLC announces its successful placing of £10.7m and admission to trading on AIM.
haysmacintyre was delighted to act as reporting accountant on i(x) Net Zero’s successful admission to AIM, where it raised £10.7m through the placing, subscription and PrimaryBid offer of, in aggregate, 14,056,811 ordinary shares.
i(x) Net Zero is an investing company which focuses on Energy Transition and Sustainability in the Built Environment. They provide their shareholders with the opportunity to create long-term capital growth with positive, scalable, measurable and sustainable impact on the environment and on the communities they serve.
Marc Chennault, Chief Financial Officer at i(x) Net Zero, commented: “haysmacintyre was tasked with evaluating a non-traditional business with several cross-border assets and operations. The team was exceptional with respect to thoroughness, attention to detail, approaching questions in creative ways and devoting many late nights in order to meet deadlines. Team members Laura Mott, Jon Dawson, Jonathan Maddison and Ellie Cornforth executed in the highest professional manner. I would certainly recommend them.”
Laura Mott, Partner at haysmacintyre, commented: “We were delighted to work with the i(x) Net Zero team to help in delivering their successful IPO. It was great to be involved with a business who is committed to investing in businesses that contribute to net zero and carbon neutral solutions, something which is very high on a number of companies agenda’s. We look forward to seeing i(x) Net Zero’s progress over the coming years as they continue on their strategic journey.”
The haysmacintyre team included Laura Mott and Jon Dawson, Partners, supported by Jonathan Maddison, Senior Manager. haysmacintyre also utilised the expertise of Vincent Paolucci, Partner at Gettry Marcus, MSI Global Alliance’s US member firm.