Last checked at 10 Sep 2013 18:18
Press Release | 10 September 2013 |
Inditherm plc
("Inditherm" or "the Company")
Share Price Movement
The Company notes the rise in its share price today and has noted speculation surrounding the news that its CosyTherm product has been approved for sale in Japan. Whilst the Board is pleased with this news, it is not expected to make a material impact on the Company's financial condition. The Company also wishes to confirm that it is not aware of any developments which are not public knowledge which, if made public, would be likely to lead to a substantial movement in the price of its shares. The Company continues to trade in line with the Board's expectations and, as previously announced, will release its Interim Results for the six months ended 30 June 2013 on Thursday, 26 September 2013.
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For further information, please contact:
Inditherm plc | |
Nick Bettles, Chief Executive nbettles@indithermplc.com | Tel: +44 (0) 1709 761000 |
Ian Smith, Finance Director ismith@indithermplc.com | www.inditherm.com |
Panmure Gordon (Nominated Adviser and Broker) | |
Nicola Marrin | Tel: +44 (0) 207 886 2500 |
Joanne Lake / Peter Steel joanne.lake@panmure.com | Tel: +44 (0) 113 357 1150 |
Media enquiries:
Abchurch | |
Sarah Hollins / Quincy Allan quincy.allan@abchurch-group.com | Tel: +44 (0) 20 7398 7710
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Notes to Editors:
Inditherm plc is an AiM-listed provider of low voltage, cost-effective heating technology. The Company manufactures, installs and licenses its specialised heating technology for use in numerous applications that require temperature maintenance or frost protection, including medical and industrial applications.
Inditherm's technology uses a carbon-based, electrically conductive polymer, also called Inditherm, to produce a cost-effective, flexible and adaptable heating surface that heats between ambient temperature and 120°C. Typically powered from a 6V to 48V (ac or dc) power supply, Inditherm generates uniform heat over its entire surface with no hot spots. It can be shaped to fit over a wide variety of applications, making it highly adaptable.