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RNS Number : 5117V Time To ACT PLC 03 February 2025
3 February 2025
Time To ACT plc
("Time To ACT", "the Company" or "the Group")
Appointment of VSA Capital as AQSE Corporate Adviser and Broker
Time To ACT plc (AQSE: TTA), an engineering-led group focused on technology
for the energy transition supply chain, is pleased to announce that it has
appointed VSA Capital as the Company's Aquis Corporate Adviser and Sole Broker
with immediate effect.
Chris Heminway, Executive Chairman of Time To ACT plc, commented:
"We are delighted to be working with VSA Capital due, in particular, to their
focus on transitional energy - which aligns closely with the Company's own
strategic focus."
Time To ACT plc Tel: +44 1642 967138
Chris Heminway, Executive Chairman
Gary Wallace, Chief Financial Officer
Investor questions on this announcement:
https://investors.timetoactplc.com/link/vPn6nP
(https://investors.timetoactplc.com/link/vPn6nP)
VSA Capital Limited, AQSE Corporate Advisor Tel: +44 20 3005 5000
Andrew Raca, Brian Wong (Corporate Finance)
Andrew Monk (Corporate Broking)
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(https://investors.timetoactplc.com/auth/signup)
Engage with the Time To ACT management team directly by asking questions,
watching video summaries and seeing what other shareholders have to say.
Navigate to our Interactive Investor hub here:
https://investors.timetoactplc.com/link/vPn6nP
(https://investors.timetoactplc.com/link/vPn6nP)
About Time To ACT plc
Time To ACT plc is an engineering-led group focused on technology for the
energy transition supply chain. It currently has two principal operating
businesses: Diffusion Alloys and GreenSpur. As the parent company of the
Group, Time To ACT provides strategic and operational support to the operating
companies and capital to enable their growth.
About Diffusion Alloys
Diffusion Alloys supplies diffusion coatings. A diffusion coating is an
intermetallic layer that protects metal components from degradation at high
temperatures and in highly corrosive environments, such as those found in
hydrogen and nuclear energy generation.
Diffusion Alloys has joined forces with Johnson Matthey plc, the market
leaders in synthesis gas ("syngas") with a significant pipeline of Blue
Hydrogen projects, to scale-up production and address the increasing demand
for low carbon hydrogen used to reduce global carbon emissions.
In addition to working for numerous historic and existing customers, the
Directors believe that Diffusion Alloys is the only credible diffusion coater
in the world for blue hydrogen components, has already been coating in volume
for a leading European vendor in the green hydrogen space and is also in
pre-commercial discussions with new cleantech equipment manufacturers.
Diffusion Alloys has two distinct areas of focus:
· Coating Technology: Selling technical excellence in coating
capability supported by the concept of "flexible capacity" - the ability to
provide customers with capacity wherever they need it, whether for the coating
of Large Parts or Small Parts.
· Coating Services: Plant-led coatings business centred on its
Middlesbrough site.
About GreenSpur
GreenSpur is an intellectual property creator and generator designer that has
developed a credible solution for renewable energy applications to the Rare
Earth magnet problem.
Magnets constructed using Rare Earth Elements (REEs) are fundamental
components in electrical generators and electric vehicle motors which are
critical to delivering the clean energy transition. However, there are
substantial supply chain constraints and risks in the sourcing of REEs that
are needed for these magnets.
GreenSpur's generator design eliminates the need for Rare Earth magnets and
copper coils without any loss in electrical performance.
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