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22 Jul 2009 12:08
22 July 2009
Acta S.p.A. ("Acta" or the "Company")
Share Price Performance
Acta, the catalyst technology development company, notes the recent movements in the Company's share price. The Company updated the market on current trading on the 17 July 2009. In that statement the Company confirmed that it is continuing to make progress with its various commercial partners despite a difficult economic background. The Company is not aware of any other reason for the recent share price movement.
The Company is due to announce its interim results for the six months to 30 June 2009 on 24 September 2009.
- Ends -
For further information please contact:
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Acta S.p.A |
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Paul Barritt, Chief Financial Officer |
Tel: +39 050 644281 |
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Charles Stanley Securities |
Tel: +44 (0)20 7149 6000 |
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Nominated Adviser |
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Russell Cook / Freddy Crossley |
Notes to Editors
About Acta
Acta develops and manufactures unique patented catalysts which have been launched to the renewable energy, automotive, battery and industrial markets. Acta is also developing other commercial opportunities using its catalysts for industrial waste treatment.
Acta's catalysts and alkaline system know-how are at the heart of the Company's development of a new, high pressure water electrolyser technology which has demonstrated low cost, noble metal free, high pressure hydrogen generation. Combined with a platinum free fuel cell, the system offers a solution to the problem of how to store surplus energy produced from large scale, intermittent renewable energy sources (eg wind farms).
Acta's catalysts are also undergoing customer tests in applications such as ammonia treatment (removal of ammonia from industrial waste streams), hydrogen production by ammonia and ethanol reforming, and zinc-air batteries (a high performance and environmentally friendly battery technology), as well as fuel cell and other applications.
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