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Share Price Movement

10 Sep 2013 18:18

RNS Number : 6800N
Inditherm PLC
10 September 2013
 



 

 

 

Press Release

 10 September 2013

 

Inditherm plc

 

("Inditherm" or "the Company")

 

Share Price Movement

The Company notes the rise in its share price today and has noted speculation surrounding the news that its CosyTherm product has been approved for sale in Japan. Whilst the Board is pleased with this news, it is not expected to make a material impact on the Company's financial condition. The Company also wishes to confirm that it is not aware of any developments which are not public knowledge which, if made public, would be likely to lead to a substantial movement in the price of its shares. The Company continues to trade in line with the Board's expectations and, as previously announced, will release its Interim Results for the six months ended 30 June 2013 on Thursday, 26 September 2013.

- Ends -

 

For further information, please contact:

 

Inditherm plc

Nick Bettles, Chief Executive

nbettles@indithermplc.com

Tel: +44 (0) 1709 761000

Ian Smith, Finance Director

ismith@indithermplc.com

www.inditherm.com

 

Panmure Gordon

(Nominated Adviser and Broker)

Nicola Marrin

Tel: +44 (0) 207 886 2500

Joanne Lake / Peter Steel

joanne.lake@panmure.com

Tel: +44 (0) 113 357 1150

 

Media enquiries:

Abchurch

Sarah Hollins / Quincy Allan

quincy.allan@abchurch-group.com

Tel: +44 (0) 20 7398 7710

 

 

 

Notes to Editors:

Inditherm plc is an AiM-listed provider of low voltage, cost-effective heating technology. The Company manufactures, installs and licenses its specialised heating technology for use in numerous applications that require temperature maintenance or frost protection, including medical and industrial applications.

 

Inditherm's technology uses a carbon-based, electrically conductive polymer, also called Inditherm, to produce a cost-effective, flexible and adaptable heating surface that heats between ambient temperature and 120°C. Typically powered from a 6V to 48V (ac or dc) power supply, Inditherm generates uniform heat over its entire surface with no hot spots. It can be shaped to fit over a wide variety of applications, making it highly adaptable. 

 

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