Andina

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Andina PLC successfully raises proceeds in excess of usd 3 million

London, UK, July 1, 2021. ANDINA PLC (“APLC” or the “Company”) today announces that its Board of Directors approved on March 1, 2021 the issue and allotment, to an American company, of 11,963,990 ordinary shares having a nominal value of 10p each to be issued at a premium of 8p per share, for a total …

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Andina PLC announces two new board members and a new company secretary

London, UK, July 1, 2021. ANDINA PLC, a British energy company which specializes in the development of attractive opportunities in the electricity and regulated service sectors, is pleased to announce the arrival to its Board of Directors of two new board members and a new Company Secretary who will each help take advantage of Andina´s …

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Andina PLC announces debt for equity swap with shareholders

London, UK, July 1, 2021. ANDINA PLC (“APLC” or the “Company”) has announced a restructuring agreement with four shareholders and creditors regarding the conversion into equity of USD 10.70 million of debt obligations which had been undertaken back in 2005 and 2011, as applicable in each case. After lengthy negotiations that took several months the …

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