Gore Street Energy Storage Fund PLC (LSE:GSF) has greenlighted the sale of restricted shares held by Anesco Limited.
Shares were issued in October to Anesco as partial consideration for an asset acquisition. They were subject to a twelve-month lock-in.
Anesco has subsequently been acquired by Aksiom Services Group and Gore Street has granted approval for the end of the lock-in period to be brought forward to July 22, from November 4.
The sale of the shares will meet continuing demand from investors in GSF.
Anesco will subsequently no longer have an interest in the company.