Beacon Energy complete a Reverse Takeover via an Acquisition of a significant interest in LNEnergy, £3.79 million Fundraising and Readmission to AIM
March 2026
Beacon Energy plc is an LSE AIM listed Company led by an accomplished team with over 100 years of experience in the energy sector.
The Company is leveraging the expertise and strong industry network of its Board to acquire compelling opportunities, aiming to organically grow a self-funding business through the development of the portfolio and to capitalise on new business development from the current deal pipeline.
The Board is focused on capital discipline to ensure sufficient liquidity and to continue to grow the Company through value-accretive acquisitions.
Acquisition, Fundraise and Admission of the Enlarged Share Capital to trading on AIM
On 6th March 2026, first day dealings commenced by way of a Reverse Takeover involving the Acquisition of a significant interest in LNEnergy from Reabold Resources PLC, Fundraise, including WRAP Offer, to raise gross proceeds of £3.79 million via the issue of 97,191,443 Fundraise Shares at 3.9 pence per share and Admission of the Enlarged Share Capital to trading on AIM.
Having helped Beacon Energy when they completed their £6 million fundraise and Rhein Petroleum Acquisition in April 2023, the Perivan shareholder communications team was delighted to work with Strand Hanson who acted as Financial and Nominated Adviser on the 233-page admission document.
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