PNPL Pineapple Power Corporation Plc

TIDMPNPL

RNS Number : 5330D

Pineapple Power Corporation PLC

30 June 2021

June 30, 2021

Pineapple Power Corporation PLC

Annual Report & Financial Statements for the Year to 31 December 2020

("Pineapple Power" or "the Company")

Pineapple Power Corporation PLC, a special purpose acquisition company, is pleased to announce its annual results for the year ended 31 December 2020.

The full Annual Report, including the Financial Statements, for the year ending December 31, 2020, can be viewed at the Company's website:

www.pineapple-powercorp.com

Claudio Morandi, Chairman of the Company stated - "We are pleased to present our first audited accounts as a public company. To date, we have maintained a significant cash position in order to retain adequate funds to address the potentially substantial costs of an RTO transaction. We fully recognise that part of the attraction to amalgamate with a listed clean cash shell such as Pineapple Power is its ability to meet some of the costs of a fairly expensive business transaction. We are continuing to work hard to advance discussions with suitable candidates and are very pleased with the response we have encountered from the private sector. This is due to the highly topical area we have chosen to focus on - the circular economy, clean and renewable technology and energy investment. We are very grateful for the interest and support we have received from past and present shareholders and are carefully evaluating the best course forward for all. We will make further announcements once a transaction has been agreed."

ENQUIRIES

For further information, please visit - www.pineapple-powercorp.com ,

follow us on Twitter - @PineapplePlc,

or contact:

 
 Pineapple Power Corporation PLC 
 
 Claudio Morandi - Director               +44 203 039 3913 
 
  Clive de Larrabeiti 
  Corporate Finance Advisor 
  clive.d.l@pineapple-powercorp.com       +44 797 317 7973 
                                       ------------------- 
 Joint Corporate Broker 
  Peterhouse Capital 
  Charles Goodfellow 
  cg@peterhousecap.com 
                                          +44 207 220 9791 
  Joint Corporate Broker 
  Axis Capital Markets 
  Richard Hutchison 
  rh@axcap247.com                         +44 203 026 0320 
                                       ------------------- 
 Media Relations 
 David Burton 
  Total Market Solutions 
  davidburton.tms@gmail.com 
 Tancredi Intelligent Communications 
  Salamander Davoudi                      +44 795 754 9906 
  salamander@tancredigroup.com 
 
  Helen Humphrey 
  helen@tancredigroup.com                 +44 744 922 6720 
                                       ------------------- 
 

The information contained within this announcement is deemed by the Company to constitute inside information for the purposes of Article 11 of The Market Abuse (Amendment) (EU Exit) Regulations 2019 (SI 2019/310). Upon publication of this announcement, this inside information is now considered to be in the public domain.

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June 30, 2021 03:00 ET (07:00 GMT)

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