EQTEC PLC Issue of Shares to a Service Provider (2687Z)
May 16 2019 - 4:23AM
UK Regulatory
TIDMEQT
RNS Number : 2687Z
EQTEC PLC
16 May 2019
16 May 2019
EQTEC plc
("EQTEC" or the "Company")
Issue of Shares to a Service Provider
EQTEC plc (AIM: EQT), the technology solution company for waste
gasification to energy projects, announces that the Company has
issued and allotted 2,777,777 Ordinary Shares to a service provider
as consideration for services rendered.
Application will be made for the admission to AIM of these
2,777,777 new ordinary shares and trading is expected to start on
22 May 2019.
Following admission, the Company will have a total of
1,970,549,158 Ordinary Shares in issue carrying voting rights. This
figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in the
Company, under the Financial Conduct Authority's Disclosure
Guidance and Transparency Rules.
Enquiries
EQTEC plc +353 (0)21 2409 056
Ian Price - Chief Executive Officer
Gerry Madden - Finance Director
Strand Hanson - Nomad, Financial
Adviser & Broker +44 (0) 207 409 3494
James Harris/Richard Tulloch/Jack
Botros
IFC Advisory - Financial PR & IR +44 (0) 203 934 6630
Tim Metcalfe / Miles Nolan / Zach
Cohen
Notes to Editors
About EQTEC plc
EQTEC's business model involves sourcing and providing
assistance in developing waste elimination projects to which it
will ultimately sell its EQTEC Gasifier Technology ("EGT") and
O&M services. EGT enables project developers to construct waste
elimination plants and recover electrical and thermal energy from
the waste streams.
EQTEC sources projects that have a local supply of waste in need
of elimination and conversion. It builds relationships and brings
together the developers, the waste owners, the building contractors
and funders. It then supplies the energy recovery technology and
provides engineering services to the projects. Furthermore, EQTEC
will provide O&M services to the operating projects generating
recurring revenues over the life of the projects.
The Company is quoted on AIM and trades as EQT. Further
information on the Company can be found at www.eqtecplc.com.
This information is provided by RNS, the news service of the
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contact rns@lseg.com or visit www.rns.com.
END
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