Cases & Deals

Acta completes placing of £2.1 million of New Ordinary Shares

Clients Acta S.p.A.

Jones Day advised Acta S.p.A., a developer and manufacturer of clean energy products, in connection with a placing to raise £2.1 million (US$3.4 million) through the issue of 42,210,000 New Ordinary Shares at a price of £0.05 per share. The proceeds of the placing will be used to finance the working capital requirements of the Company's current commercial expansion.