13 Apr 2015 12:16
Plutus PowerGen plc / Ticker: PPG / Index: AIM
13 April 2015
Plutus PowerGen plc ('PPG' or 'the Company')
Press and Bulletin Board Speculation
Plutus PowerGen plc, the AIM listed power company focused on the development, construction and operation of flexible stand-by electricity generation in the UK has been informed of an article from the Plymouth Herald dated 9 January 2015 that has been posted on several bulletin boards this morning.
The site in Plymouth is for one of the Company's flexible generation facilities and is in the course of the normal planning process with Plymouth Council. The Company currently has over 500MW of sites in consideration for placing its facilities, of which the site at Plymouth represents 20MW.
Whilst the Company cannot specifically comment on the expressed sentiment of certain parties referred to in the article, the Company believes it has positively adhered to every requirement necessary for the granting of planning permission at this site and remain content to let the planning process run its course as determined by Plymouth Council. The result of that planning process is expected in May 2015.
**ENDS**
For further information, please visit www.plutuspowergen.com, or contact:
Charles Tatnall | Plutus PowerGen Plc | Tel: +44 (0) 20 8720 6562 |
Phil Stephens | Plutus PowerGen Plc | Tel: +44 (0) 20 8720 6562 |
Ewan Leggat | SP Angel Corporate Finance LLP | Tel: +44 (0) 20 3 470 0470 |
Katy Birkin | SP Angel Corporate Finance LLP | Tel: +44 (0) 20 3 470 0470 |
Felicity Winkles | St Brides Partners Ltd | Tel: +44 (0) 20 7236 1177 |
Elisabeth Cowell | St Brides Partners Ltd | Tel: +44 (0) 20 7236 1177 |