TIDMACTA

RNS Number : 0307S

Acta S.p.A.

01 November 2013

 
      Press Release                    1 November 2013

Acta S.p.A.

("Acta" or "the Company")

Notification of Major Interest in Shares

The Company has today received notification that, as at 25 October 2013, Joseph Henry and family together directly hold, in aggregate, 7,674,286 ordinary shares of EUR 0.006 each in the share capital of the Company ("Ordinary Shares"), representing 4.5% of the voting rights of the Company that current stands at 170,431,939 Ordinary Shares. No treasury shares are held by the Company.

- ENDS-

For further information please contact:

 
     Acta S.p.A.                         Tel: +39 050 644281 
     Paul Barritt, Chief Financial       www.actaspa.com 
      Officer 
 
 
     Altium Capital (Nominated        Tel: +44 (0)845 505 4343 
      Advisor) 
     Adrian Reed / Dom Orsini 
 
       Cantor Fitzgerald Europe         Tel: +44 (0)20 7894 7000 
       (Broker) 
     Mark Percy / David Banks 
      / Paul Jewell

Media enquiries:

 
     Kreab Gavin Anderson (Financial       Tel: +44 20 7074 1800 
      PR) 
     Robert Speed / Ross Gillam            www.kreabgavinanderson.com 
      / Christina Clark

About Acta S.p.A.

Acta S.p.A. is a developer and manufacturer of a range of clean energy products. Based on its world-leading expertise in alkaline membrane technology, the Company has developed a unique range of low-cost, compact hydrogen generators (electrolysers) which produce pure, dry compressed hydrogen at high efficiency from renewable or grid power.

In April 2013 Acta launched the Acta Power, an integrated electrolyser and fuel cell system for use in back-up power and renewable energy storage applications. Best understood as a "Hydrogen Battery", the system converts energy from renewable or grid power when it is available and stores it in the form of hydrogen, and then converts the hydrogen back to electrical power when needed due to grid black-out or lack of solar / wind power.

This system has extensive application as a back-up power unit for telecommunications base stations, where it competes on cost against traditional battery and diesel solutions, while offering a cleaner solution and better service. In particular, the use of rainwater and the generation of hydrogen on-site removes the cost and logistical barriers of fuel delivery, while also avoiding the theft risk associated with diesel, methanol and battery systems.

The supply of fuel cell back-up power systems for telecommunications base stations represents a large and fast-growing market, especially in extensively bad-grid and off-grid locations such as in Asia and Africa. Battery sales to the Chinese telecoms industry are currently valued at $4.7 bn to $7.8 bn per annum (Fuel Cell Today, China).

Acta holds a portfolio of patents and patent applications on its key technologies, manufactures its products through a combination of production, component subcontracting, and final product assembly and quality control, and has established distribution channels through partnerships in China, India, SE Asia, Australia, Africa, Middle East, Germany, UK, USA and South America.

Acta S.p.A. is based near Pisa, Italy, and was admitted to trading on AIM in October 2005.

www.actaspa.com

This information is provided by RNS

The company news service from the London Stock Exchange

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