16 Dec 2020 07:00
RNS Number : 7725I
Velocys PLC
16 December 2020
Velocys plc
("Velocys" or "the Company")
16 December 2020
Change of Advisers
Velocys plc (VLS.L) is pleased to announce the appointment of Panmure Gordon (UK) Limited as nominated adviser and joint corporate broker to the Company, and Shore Capital Stockbrokers Limited as joint corporate broker, both with immediate effect.
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For further information, please contact:
Velocys Henrik Wareborn, CEO Andrew Morris, CFO Lak Siriwardene, Head of Communications & Sustainability | +44 1865 800821 | Panmure Gordon (UK) Limited (Nomad and Joint Broker) Dan Norman (Corporate Broking) Emma Earl (Corporate Finance)John Prior (Corporate Finance) | +44 20 7886 2500 | Shore Capital Stockbrokers Limited (Joint Broker) Henry Willcocks (Corporate Broking) Toby Gibbs (Corporate Advisory) Sarah Mather (Corporate Advisory) | +44 20 7408 4090 | Radnor Capital (Investor Relations) Joshua Cryer Iain Daly | +44 20 3897 1830 | Field Consulting (General PR) Robert Jeffery | +44 20 7096 7730 |
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Notes to Editors
Velocys is an international UK-based sustainable fuels technology company. Velocys designed, developed and now licenses proprietary Fischer-Tropsch technology for the generation of clean, low carbon, synthetic drop-in aviation and road transport fuel from municipal solid waste and residual woody biomass plants currently in construction and development.
Velocys is at present developing two reference projects: one in Natchez, Mississippi, USA (incorporating Carbon Capture, Utilisation and Storage) and one in Immingham, UK, to produce fuels that significantly reduce both greenhouse gas emissions and key exhaust pollutants for aviation and road transport. Originally a spin-out from Oxford University, in 2008 the company acquired a US company based on complementary technology developed at the Pacific Northwest National Laboratory. Velocys is headquartered in Oxford in the United Kingdom.
www.velocys.com
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