REG - Eneraqua Technolgs. - Trading Update

Eneraqua TechnologiesAnnouncement

21/12/2021 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20211221:nRSU2593Wa&default-theme=true

RNS Number : 2593W  Eneraqua Technologies PLC  21 December 2021

 21 December 2021

Eneraqua Technologies plc

("Eneraqua Technologies", the "Company" or the "Group")

 

Trading Update

 

Eneraqua Technologies plc, a specialist provider of energy and water
efficiency solutions, is pleased to provide an update on trading following the
Group's admission to AIM on 22 November 2021.

 

Since admission, the Company has been trading comfortably in line with
expectations and has continued to execute against its stated growth strategy.
The Group's target market continues to undergo substantial and sustained long
term growth to meet decarbonisation and Net Zero targets. In addition to
projects completed and projects underway this year, the Company is in active
dialogue with a number of current and potential clients about how its
technology and services can help them meet their decarbonisation, water
efficiency and Net Zero targets.

 

The Company will provide a full Trading Update in February 2022 following the
close of its financial year on 31 January 2022.

 

For more information, please contact:

 

 Eneraqua Technologies plc                          Via Alma PR
 Mitesh Dhanak, CEO                                 www.eneraquatechnologies.com (http://www.eneraquatechnologies.com)
 Iain Richardson, CFO

 finnCap Limited - Nominated adviser and Broker     +44(0)20 7220 0500
 Ed Frisby / Charlie Beeson - Corporate Finance
 Andrew Burdis / Sunila de Silva - ECM

 Alma PR - Financial PR and IR                      +44(0)20 3405 0205
 Justine James / Hilary Buchanan / Sam Modlin       eneraqua@almapr.co.uk (mailto:eneraqua@almapr.co.uk)

 

Notes to editors

 

Eneraqua Technologies (AIM:ETP) is a specialist in energy and water
efficiency. The Group has two divisions energy and water. Energy is the larger
division, with the Company focused on clients with end of life gas, oil or
electric heating and hot water systems. The Group provides turnkey retrofit
district or communal heating systems based either on high-efficiency gas or
ground/air source heat pump solutions that support Net Zero and
decarbonisation goals.

 

The water division is a growing service offering focused on water efficiency
upgrades for utilities and commercial clients including hotels and care
homes.

 

The activities in both divisions are underpinned by the Company's wholly-owned
intellectual property, the Control Flow HL2024 family of products which reduce
water wastage and improve the performance of heating and hot water systems.

 

The Company's main country of operation is the United Kingdom. The Company's
head office is based in London with additional offices in Leeds, Washington
(Sunderland), India, Spain and the Netherlands. The Company has 94 full time
employees, with the majority employed within the UK. Eneraqua Technologies has
received the London Stock Exchange's Green Economy Mark.

 

To find out more, please visit:  www.eneraquatechnologies.com
(http://www.eneraquatechnologies.com)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  TSTFLFIDFRLIFIL