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23 Feb 2011 15:00
23rd February, 2011
IPSA Group PLC
("IPSA" or "the Company")
Trading Update
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.
For further information contact:
Peter Earl, CEO, IPSA Group PLC | +44 (0)20 7793 5615
|
John Llewellyn-Lloyd / Harry Stockdale, Execution Noble & Company Ltd | +44 (0)20 7456 9191
|
Riaan van Heerden, PSG Capital (Pty) Ltd | +27 (0)21 887 9602 |
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