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15 Nov 2018 09:45
15 November 2018
Oracle Power PLC
("Oracle", the "Company" or the "Group")
Update re Subscription
Oracle Power PLC (AIM:ORCP), the UK energy developer of a combined lignite mineral resource and mine mouth power plant located in the Thar desert in the south-east of Sindh Province, Pakistan, announces that, further to its announcement of 18 September 2018, it has received the outstanding balance of subscription funds of £85,000 from the two relevant subscribers. Accordingly, the Company has sufficient working capital into Q1 2019.
For further information:
Oracle Power PLC Shahrukh Khan
| +44 (0) 203 102 4807 |
Stand Hanson Limited (Nominated Adviser) Rory Murphy, Jack Botros
| +44 (0) 207 409 3494 |
Brandon Hill Capital Limited Oliver Stansfield
| +44 (0) 203 463 5000 |
Peterhouse Corporate Finance Charles Goodfellow
| +44 (0) 207 220 9791 |
Blytheweigh Tim Blythe, Camilla Horsfall, Megan Ray
| +44 (0) 207 138 3204 |
Fortbridge Matt Beale, Bill Kemmery
| +44 (0)7966 389196 |
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Oracle Power (ORCP)
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