25 Apr 2013 07:01
25 April 2013
Hydrodec Group plc
Change of Nominated Adviser and Broker
Hydrodec Group plc, the cleantech industrial oil re-refining group (AIM: HYR), announces the appointment of Peel Hunt LLP as its nominated adviser, financial adviser and sole broker with immediate effect.
For further information please contact:
Hydrodec Group plc | 020 7907 9220 |
Ian Smale, Chief Executive Officer | |
Chris Ellis, Chief Financial Officer | |
Mike Preen, Head of Corporate and Legal Affairs | |
| |
Peel Hunt LLP (Nominated adviser and broker) | 020 7418 8900 |
Richard Kauffer, Daniel Harris | |
| |
Luther Pendragon (PR adviser to Hydrodec) | 020 7618 9100 |
Neil Thapar, Alexis Gore, Sarah Davis |
Notes to Editors:
Hydrodec's technology is a proven, highly efficient, oil re-refining and chemical process initially targeted at the multi-billion US$ market for transformer oil used by the world's electricity industry. Spent oil is currently processed at two commercial plants with distinct competitive advantage delivered through very high recoveries (near 100%), producing 'as new' high quality oils at competitive cost and without environmentally harmful emissions. The process also completely eliminates PCBs, a toxic additive banned under international regulations.
Hydrodec's plants are located at Canton, Ohio, US and Young, New South Wales, Australia and its shares are listed on the AIM Market of the London Stock Exchange. For further information, please visit www.hydrodec.com.
HYR.L (HYR)