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24 Mar 2016 07:00
24 March 2016
(LSE: IEH; ADR: INGYY)
Intelligent Energy Holdings plc (the "Company")
Update on funding position
The Company refers to its announcement on 26 February 2016 which included an update on the Company's proposed funding process.
The Company announces that, in light of recent and unexpected developments in the discussions with various parties, the Company will not be able to complete a funding process, in sufficient quanta, by the end of Q1 2016. Further, at this stage, there can be no certainty that an appropriate funding plan can be implemented at all.
The Company is reviewing all options and further announcements will be made in due course.
Enquiries:
Intelligent Energy Holdings plc Henri Winand, Chief Executive Officer John Maguire, Chief Financial Officer
| +44 (0) 1509 271 271 |
Tulchan Communications James Macey White Matt Low Nick Hennis
| +44 (0) 207 353 4200
|
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