Commercial law firm Hill Dickinson has recently advised Dial Square Investments plc (to be renamed EnergyPathways plc) (EPL) on its reverse takeover acquisition of the interests in EnergyPathways Ltd, an integrated energy transition company, together with its cancellation from the Standard List and admission of EPL’s entire issued and to be issued share capital to trading on AIM. EPL has also raised £2 million through a direct subscription and placing with institutional and other investors.
The EPL group holds a 100% interest in a block in the UK Irish Sea, which contains the Marram gas field, a shallow water project. EPL’s focus initially is targeting UK gas assets, with the aim of bringing into production low emission energy gas development solutions to assist with the UK’s transition to net zero.
Advising Dial Square Investments throughout the process was a team from Hill Dickinson led by corporate associate Emily Rawlins, supported by partners Sam Hudson and James Paton-Philip of the firm’s London Corporate team.
