CPO Compact Power

RNS Number:0864E
Compact Power Holdings PLC
14 October 2004


                         COMPACT POWER HOLDINGS PLC


At its AGM held today, Compact Power announced that after further consideration
of its working capital position, further tightening of financial controls and
improvements in the performance of its plant at Avonmouth, it now expects to
have sufficient working capital until the end of November 2004 and not the end
of October 2004 as previously reported.  The Directors continue to pursue
funding options to meet the short and medium term funding requirements of the
business.

At the beginning of September 2004, Compact Power significantly increased the
prices charged for the disposal of waste at its Avonmouth plant. This increase
has not affected the existing customer base, rather the Company has been able to
successfully attract new customers at this higher price. The Directors believe
this is an indication of the strength of the market and the need for more
processing capacity.


Contacts

  Nic Cooper - Chairman         +44 117980 2900


About Compact Power


Compact Power (LSE: CPO) a company listed on The London Stock Exchange (AIM) has
developed an innovative technology based on pyrolysis, gasification and high
temperature oxidation for the safe, economic and environmentally friendly
processing of a wide range of wastes and biomass with energy recovery.  The
company operates a commercial plant at Avonmouth, Bristol.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

AGMQKQKDBBDDDKD

Compact Power (LSE:CPO)
Historical Stock Chart
From Jan 2025 to Feb 2025

Compact Power (LSE:CPO)
Historical Stock Chart
From Feb 2024 to Feb 2025