On July 6, i3 Energy has a sharp fall from 16.25 GBP to 11.98 GBP. After that, the share prices have slowly decreased to 11.20 GBP experiencing 3-5% daily losses. Even though the recent performance of the company was quite volatile, its high beta score of 1.53 indicates stability. Overall, July’s boost is the only sudden rise in the company’s operation for the last three years.
I3 Energy confirms general meeting notice in connection with the Placing and Primary Bid Offer. Even if attendance is limited, the Chair of the General Meeting will ensure that shareholders’ votes are counted. Shareholders are strongly advised to designate the Chair as their proxy for the general meeting. This will ensure that they are not unable to attend or vote.
The company also plans to grant option awards of more than 53,705,491 new common shares to employees and directors of the company and its group. The new “Group” options will be awarded after three years but will accelerate the award once they are fulfilled the following performance objectives.
Finance and Business reporter
After graduating high school. Lora decided to travel and blog as a part-timer. Today she enjoys what she loves and works remotely as our finance and business reporter