Eco Buildings Group PLC
Key information
Key information
Sector
Construction and Materials
Website
Close date
Delivery
Placing price
Last price
Discount
Amount raised
4p
7.25 p
45 %
£670,000
Company description
ECO Buildings Group PLC is an AIM listed company providing new solutions for the housing market. It comprises two divisions - Eco Buildings Group Ltd which provides housing solutions based on Glass Fibre Reinforced Gypsum (“GFRG”) technology while Fox Marble provides processed marble quarried in the Balkans for use in construction and developments.
Use of proceeds
Proceeds from the Placing will be used primarily to fund the purchase of additional capital equipment and working capital, specifically a further manufacturing line at its existing site. This investment is aimed at scaling production to help service the increasing order book emerging from Albania and Kosovo.
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