Ncondezi Energy Limited Result of AGM (8690I)
December 16 2020 - 05:30AM
UK Regulatory
TIDMNCCL
RNS Number : 8690I
Ncondezi Energy Limited
16 December 2020
News Release
Results of AGM
16 December 2020: Ncondezi Energy Limited ("Ncondezi" or the
"Company") (AIM: NCCL) announces that, at the Annual General
Meeting ("AGM") of the Company held today, all resolutions were
duly passed on a poll.
E nqu iries
For further information please visit www.ncondezienergy.com or
contact:
Ncondezi Energy: Hanno Pengilly +27 (0) 71 362 3566
Liberum Capital Limited: Scott Mathieson, Edward Thomas,
NOMAD & Joint Broker Kane Collings +44 (0) 20 3100 2000
Novum Securities
Limited
Joint Broker Colin Rowbury +44 (0) 20 7399 9427
Pimlico Advisory
Ltd +44 (0) 777 56 55
Investor Relations Elizabeth Johnson 927
Ncondezi is an emerging African power development company which
owns 100% of the 300MW Ncondezi Coal Power Project which is one of
the most advanced power development projects in Mozambique. The
project is strategically located in the Tete Province in northern
Mozambique, a power generating hub that distributes power across
the region. The Company is targeting delivery of first power onto
the Mozambican grid by 2023 through a 25 year offtake agreement to
meet existing demand.
Ncondezi has also entered the captive solar and battery storage
sector through a proposed Joint Venture with GridX Africa
Development, to develop, build and operate power solutions for the
African Commercial and Industrial sector.
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