Velocys PLC Additional Application for Block Admission (9712T)
July 28 2022 - 1:00AM
UK Regulatory
TIDMVLS
RNS Number : 9712T
Velocys PLC
28 July 2022
Velocys plc
("the Company")
28 July 2022
Application for Block Admission
An application for block admission has been made for 5,000,000
ordinary shares of 1p each ("Ordinary Shares") in the Company
("Block Admission Shares") to be admitted to trading on AIM on 2
August 2022. The Block Admission Shares are further to the
Company's block admissions of Ordinary Shares admitted to AIM on 2
January 2013, 23 May 2017 and 6 August 2021.
The Block Admission Shares will be allotted in accordance with
the rules of the Velocys Group 2012 Share Option Scheme, and will
rank pari passu in all respects with the existing issued Ordinary
Shares of the Company.
For further information, please contact:
Velocys
Henrik Wareborn, CEO
Philip Sanderson, CFO
Lak Siriwardene, Director of Communications
& Sustainability +44 1865 800821
Panmure Gordon (UK) Limited (Nomad and Joint
Broker)
Hugh Rich (Corporate Broking)
Emma Earl (Corporate Finance)
John Prior (Corporate Finance) +44 20 7886 2500
Shore Capital Stockbrokers Limited (Joint
Broker)
Henry Willcocks (Corporate Broking)
Toby Gibbs (Corporate Advisory)
James Thomas (Corporate Advisory) +44 20 7408 4090
Radnor Capital (Investor Relations)
Joshua Cryer
Iain Daly +44 20 3897 1830
Buchanan (Financial PR)
Helen Tarbet
Simon Compton +44 20 7466 5000
Notes to Editors
Velocys is an LSE-listed, international sustainable fuels
technology company, traded on the AIM, providing customers with a
technology solution to enable the production of negative Carbon
Intensity synthetic, drop-in fuels from a variety of waste
materials. Synthetic fuel is the only commercially available,
permanent alternative to fossil aviation fuels. The Velocys
technology is IP-protected in all major jurisdictions.
Two reference projects (Bayou Fuels, US, and Altalto, UK) are
designed to accelerate the adoption and standardise the Velocys
proprietary Fischer Tropsch (FT) technology with an integrated end
to end solution, including renewable power and carbon
sequestration.
Velocys is enabling commercial scale synthetic fuel production
in response to the clean energy transition, with significant
additional positive air quality impacts.
www.velocys.com
--Ends-
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