Bybrook Capital Master Fund LP, Bybrook Capital Hazelton Master Fund LP and Bybrook Capital Badminton Fund LP (together, the “Sellers”), have sold an aggregate of 60,000,000 ordinary shares (the “Placing Shares”) in i3 Energy plc (“i3” or the “Company”), at a price of 27 pence per share (the “Placing”), raising aggregate gross proceeds of £16.2 million. Stifel Nicolaus Europe Limited (“Stifel”) and Tennyson Securities, a trading name of Shard Capital Partners LLP (“Tennyson”) acted as joint bookrunners on the Placing (the “Joint Bookrunners”).
