Result of AGM
17/11/2021 10:30
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RNS Number : 6791S Ncondezi Energy Limited 17 November 2021
News Release
Results of AGM
17 November 2021: Ncondezi Energy Limited ("Ncondezi" or the "Company") (AIM:
NCCL) announces that, at the Annual General Meeting ("AGM") of the Company
held today, all resolutions were duly passed on a poll.
Enquiries
For further information please visit www.ncondezienergy.com or contact:
Ncondezi Energy: Hanno Pengilly +27 (0) 71 362 3566
Scott Mathieson, Edward Thomas, Kane Collings +44 (0) 20 3100 2000
Liberum Capital Limited:
NOMAD & Joint Broker
Novum Securities Limited Colin Rowbury +44 (0) 20 7399 9427
Joint Broker
Elizabeth Johnson +44 (0) 777 56 55 927
Pimlico Advisory Ltd
Investor Relations
Ncondezi is an emerging African power development company which owns 100% of
the 300MW Ncondezi Coal Power Project which is one of the most advanced power
development projects in Mozambique. The project is strategically located in
the Tete Province in northern Mozambique, a power generating hub that
distributes power across the region. The Company is targeting delivery of
first power onto the Mozambican grid by 2023 through a 25 year offtake
agreement to meet existing demand.
Ncondezi has also entered the captive solar and battery storage sector through
a proposed Joint Venture with GridX Africa Development, to develop, build and
operate power solutions for the African Commercial and Industrial sector.
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