Infrastrata PLC Holding(s) in Company (2553U)
October 20 2017 - 11:09AM
UK Regulatory
TIDMINFA
RNS Number : 2553U
Infrastrata PLC
20 October 2017
20 October 2017
InfraStrata plc
("InfraStrata" or the "Company")
Holdings in Company
InfraStrata plc (AIM: INFA), the only UK listed company focused
on gas storage, announces that following the issue and admission to
trading on AIM today of 125,000,000 new ordinary shares in
connection with the Placing announced on 2 October 2017, the
directors' interests in ordinary shares in the Company remain
unchanged, but as a result of dilution their percentage of the
voting rights in the Company is now as set out below:
Number of ordinary
shares % of voting
rights in the
Company
Adrian Pocock* 12,655,055 2.53
Peter Wale** 9,889,000 1.97
* Held in Mr Pocock's SIPP in the name of Wealth Nominees
Limited.
** 5,009,000 ordinary shares are held in Mr Wale's SIPP in the
name of Hubwise Nominees Limited, 2,880,000 in an ISA and 2,000,000
with Shard Capital.
For further information, please contact:
InfraStrata plc +44 (0)28 9051
Adrian Pocock, Chief Executive 1415
Allenby Capital Limited (AIM Nominated
Adviser & Broker)
Jeremy Porter / Alex Brearley +44 (0)20 3328
/ Liz Kirchner 5656
-ENDS-
The Front End Engineering & Design (FEED) and Insitu
Downhole Testing programme for the Islandmagee gas storage project
is co-financed by the European Union's Connecting Europe
Facility.
Disclaimer releasing the European Union from any liability in
terms of the content of the dissemination materials:
"The sole responsibility of this publication lies with the
author. The European Union is not responsible for any use that may
be made of the information contained therein."
Notes:
Background on InfraStrata plc
InfraStrata is an independent gas storage company focused on the
UK and Ireland.
Further information is available on the Company's website:
www.infrastrata.co.uk.
Background on the Islandmagee Storage Project
The Islandmagee gas storage project company, Islandmagee Storage
Limited ("IMSL"), is owned 90% by a wholly owned subsidiary of
InfraStrata plc and 10% by a wholly owned subsidiary of Mutual
Energy Limited. The project is a proposed salt cavern gas storage
facility located on Islandmagee in County Antrim, Northern Ireland.
Work commenced in 2007 with the acquisition of 3D seismic data to
image the Permian salt in the Larne Lough area. During 2012,
planning permission was granted for the project and a gas storage
licence was issued by the Utility Regulator. In 2015 a well was
drilled to core the salt and confirm the technical feasibility of
the project, supported in part by the Commission. To date
approximately GBP11m has been invested in the project.
Further information is available on the project company's
website: www.islandmageestorage.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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