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1 Dec 2015 12:03

RNS Number : 5741H
Velocys PLC
01 December 2015
 

Velocys plc

 

("Velocys" or "the Company")

1st December 2015

 

Total voting rights

 

The Company announces that, following the issue of new Ordinary Shares pursuant to the exercise of a share option during the month ended 30th November 2015 and their admission to trading on AIM under the Company's blocklisting, the total issued share capital of the Company is 141,922,638 Ordinary Shares, each with voting rights.

 

The Company does not currently hold any shares in treasury. Accordingly, this figure of 141,922,638 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

 

 

- Ends -

 

 

 

 

For further information, please contact:

Velocys

Susan Robertson, CFO and Acting CEO

 

+44 1235 841 700

 

Numis Securities (Nomad and Broker)

Alex Ham - Corporate Broking

Stuart Skinner / Jamie Lillywhite - Nominated Adviser

 

+44 20 7260 1000

Camarco (financial communications & PR)

Billy Clegg / Georgia Mann

 

+44 20 3757 4983

 

Notes to editors

 

About Velocys

 

Velocys is the company at the forefront of smaller scale gas-to-liquids (GTL) that turns natural gas or biomass into premium liquid products such as diesel and jet fuel. Smaller scale GTL adds value to shale gas and bio-waste, and makes stranded or flared gas economic - an untapped market of up to 25 million barrels per day.

 

Velocys technology, protected by several hundred patents in over 30 countries, is specifically designed for smaller scales, combining super-active catalysts with intensified reactor systems. The Company's standardised modular plants are easier to ship and faster to install, at lower risk, even in the most remote or challenging locations. Together with world-class partners, Velocys works flexibly to unlock gas resources of 15,000 to 150,000 mmbtu per day, allowing more companies to take advantage of more opportunities.

 

Velocys plc is listed on the AIM market of the London Stock Exchange (LSE: VLS). The Company is well capitalised and has a multi-disciplinary staff of around 100 operating from its commercial centre in Houston, Texas, USA and technical facilities near Oxford, UK and Columbus, Ohio, USA. Its first commercial plant, funded by Waste Management (NYSE: WM), NRG Energy (NYSE: NRG) and Ventech Engineers, is expected to reach mechanical completion in H1 2016.

 

www.velocys.com

Think Smaller. Velocys is changing the way fuels are made.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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