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Mine removal firm joins PLUS
Mine removal and demilitarisation specialist Applied Engineering Products Holdings (AEPH) has listed on PLUS Markets. The company placed more than 1 million shares at 0.01p each and is expected to list about 58.4 million further shares in the next 60 days.
US-based AEPH was formed to acquire Applied Engineering Products Company (AEPC), which develops and manufactures technology for landmine removal, surveillance, unexploded ordnance remediation and security products. Its customers range from the military and government to commercial firms. Founded in 1960, AEPC also has offices in Turkey and India.
Alfred Henry Corporate Finance was corporate adviser to AEPH.
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