TIDMRED

RNS Number : 3617T

RedT Energy PLC

04 January 2017

redT energy plc

("redT" or the "Company")

Holdings in Company

The Company announces that it was notified on 3 January 2017 that Anthony Millar is interested in 25,413,893 ordinary shares in the capital of the Company, representing approximately 3.89 per cent. of the Company's issued share capital.

Enquiries:

 
 redT energy plc                    +44 (0)207 061 6233 
 Scott McGregor, Chief Executive 
  Officer 
 Joe Worthington, Investor 
  & Media Relations 
 
 Cenkos Securities plc              +44 131 220 9772 
 Nick Tulloch                       +44 131 220 9100 
 Derrick Lee 
 
 Celicourt (Financial PR) 
  Mark Antelme 
  Joanna Boon 
  Jimmy Lea                         +44 (0)20 7520 9266

Notes to Editors

About redT energy

redT energy develops and supplies durable and robust energy storage machines based on proprietary vanadium redox flow technology for on and off-grid applications. The liquid storage medium affords an exceptionally long system life of up to 25 years and a 100 per cent usable depth of discharge. Combined with low maintenance requirements, this delivers industry leading lowest levelised cost of storage (LCOS) and total cost of ownership (TCO) results. The modular approach allows the power and energy components of systems to be independently sized to meet customer requirements.

Until now it has not been possible to directly compare variable renewable energy generation sources with diesel or fossil fuel generation. PV + Storage is now reaching 'grid parity' in many countries, a paradigm shift in energy production, which will ultimately enable a distributed energy network optimising conventional and renewable generation. The redT energy storage machine has applications in remote power, smart grids, power quality, and all aspects of renewable energy management.

To find out more about redT products or to register your interest in purchasing an energy storage machine please go to the below web address:

http://www.redtenergy.com/register-interest

For sales enquiries, please email enquiries@redtenergy.com or call +44 (0) 207 061 6233

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 04, 2017 10:09 ET (15:09 GMT)

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