1 Mar 2017 10:00
News release
Velocys plc
("Velocys" or "the Company")
1 March 2017
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 28th February 2017 and their admission to trading on AIM under the Company's blocklisting, the total issued share capital of the Company is 143,994,558 Ordinary Shares, each with voting rights.
The Company does not currently hold any shares in treasury. Accordingly, this figure of 143,994,558 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.
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For further information, please contact:
Velocys David Pummell, CEO Susan Robertson, CFO
| +44 1235 841 700
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Numis Securities (Nomad and Broker) Alex Ham Stuart Skinner Jamie Lillywhite Tom Ballard
| +44 20 7260 1000 |
Canaccord Genuity (Joint Broker) Henry Fitzgerald-O'Connor Ben Griffiths | +44 20 7523 8000
|
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Camarco (financial communications & PR) Billy Clegg Georgia Edmonds | +44 20 3757 4983
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Notes to editors
About Velocys
Velocys is the company at the forefront of smaller scale gas-to-liquids (GTL), providing the bridge connecting stranded and low value feedstocks such as natural gas, landfill gas or biomass with markets for premium products such as renewable diesel, jet fuel and waxes.
With its partners, Velocys aims to deliver the most economically compelling conversion solution; a fully integrated offer that can be deployed at scale into the growing, attractive markets on which it focuses. 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. Standardised modular plants can be deployed readily in a wide range of locations, and Velocys' capabilities and extensive experience deliver a proven route to operation.
Velocys plc is admitted to trading on the AIM market of the London Stock Exchange (LSE: VLS). The Company has a strong, multi-disciplinary staff operating from its commercial centre in Houston, Texas, USA and technical facilities near Oxford, UK and Columbus, Ohio, USA. First product has been produced at its commercial reference plant, which is located adjacent to Waste Management's East Oak landfill site in Oklahoma City.
www.velocys.com