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Kreston Reeves advises Time To ACT on Aquis Stock Exchange listing

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Kreston Reeves advises Time To ACT on Aquis Stock Exchange listing

 

Kreston Reeves has acted as Reporting Accountants to Time To ACT plc on its admission to the Aquis Stock Exchange. Time To ACT plc was admitted on 29 May 2024 and is the first admission of 2024.

 

Middlesbrough-based Time To ACT plc has several discreet businesses focused on the opportunities provided by the cleantech, renewables and energy transition revolution. It has two principal operating divisions – Diffusion Alloys and GreenSpur.

 

Diffusion Alloys supplies diffusion coatings: an intermetallic layer that protects metal components from degradation at high temperatures and in highly corrosive environments, such as those in hydrogen and nuclear energy generation.

 

GreenSpur has developed a credible solution in renewable energy applications with electrical generator designs, such as those used in the wind industry, that eliminate the need for Rare Earth magnets and copper coils without any loss in electrical performance.

 

The Kreston Reeves team was led by Corporate Finance Director Craig Dallender, Corporate Finance Manager Sakshi Gupta and Senior Manager Jeremy Marshall.

 

Craig Dallender said: “We are thrilled to have worked alongside the TTA team on its admission to the Aquis Stock Exchange. It is an exciting step in its continued growth journey.

 

“Kreston Reeves has a strong reputation and track record in acting as Reporting Accountants to companies wishing to list on the Aquis exchange and has the strengths to help businesses grow through listings, fundraising and mergers and acquisitions.”

 

Chris Heminway, Executive Chairman at Time To ACT plc said: "Listing on the AQSE Growth Market marks a significant milestone for the company, and I would like to thank the Kreston Reeves team for their assistance in making this day a reality. Time To ACT is committed to fostering innovation in this sector and developing engineering-led solutions for a cleaner, greener world. Being listed on the AQSE Growth Market will play an important role in helping us to deliver on this commitment."

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