Milton Capital Plc is a United Kingdom-based special purpose acquisition company (SPAC) listed on the Standard segment of the London Stock Exchange's Main Market that seeks to identify and acquire businesses through mergers, capital stock exchanges, or a series of related transactions, with a primary focus on the energy sector including light to medium hydrocarbon exploration and extraction and natural hydrogen opportunities. The company, incorporated in 2021 and headquartered at The Scalpel, 18th Floor, 52 Lime Street in London, operates as a non-trading entity awaiting a suitable target to effect a business combination that supports the energy transition and shareholder growth. It targets transitional energy investments without current active products or services beyond its SPAC structure.
In recent developments, Milton Capital continues its intensified search for acquisition targets, having overhauled its business development program and widened its opportunity remit as stated in its interim results for the six months ended July 31, 2025, which reported a narrowed pretax loss of £165,631 driven by reduced administrative expenses. The company raised £149,500 through a placing of 29.9 million shares at 0.005 pence per share in August 2025 to extend its financial runway toward a potential initial transaction. It has also entered an exclusivity agreement for a potential acquisition, extended multiple times with the latest to the end of May 2025, reflecting ongoing strategic pursuit of energy sector opportunities.