23 Feb 2011 15:00
23rd February, 2011
IPSA Group PLC
Β
("IPSA" or "the Company")
Β
Trading Update
Β
IPSA PLC (AIM:IPSA), the developer, owner and operator of power generation capacity in Southern Africa, announces that its wholly-owned subsidiary Newcastle Cogeneration (Pty.) Limited has signed a new gas supply contract with Spring Lights Gas (Pty.) Limited. The contract is conditional upon NewCogen giving notice of commencement of supply within 60 days. A further announcement regarding start up of operations will be issued in due course.
Β
For further information contact:
Β
Β Peter Earl, CEO, IPSA Group PLC | +44 (0)20 7793 5615 Β |
Β John Llewellyn-Lloyd / Harry Stockdale, Execution Noble & Company Ltd | +44 (0)20 7456 9191 Β |
Β Riaan van Heerden, PSG Capital (Pty) Ltd | +27 (0)21 887 9602 |
Β
Follow the stocks