REG - Velocys PLC - Additional Application for Block Admission

VelocysAnnouncement

28/07/2022 07:16

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RNS Number : 9712T  Velocys PLC  28 July 2022

Velocys plc

("the Company")

 
 

28 July 2022

 

Application for Block Admission

 

An application for block admission has been made for 5,000,000 ordinary shares
of 1p each ("Ordinary Shares") in the Company ("Block Admission Shares") to be
admitted to trading on AIM on 2 August 2022.  The Block Admission Shares are
further to the Company's block admissions of Ordinary Shares admitted to AIM
on 2 January 2013, 23 May 2017 and 6 August 2021.

 

The Block Admission Shares will be allotted in accordance with the rules of
the Velocys Group 2012 Share Option Scheme, and will rank pari passu in all
respects with the existing issued Ordinary Shares of the Company.

 

For further information, please contact:

 Velocys                                                            +44 1865 800821

 Henrik Wareborn, CEO

 Philip Sanderson, CFO

 Lak Siriwardene, Director of Communications & Sustainability

 Panmure Gordon (UK) Limited (Nomad and Joint Broker)               +44 20 7886 2500

 Hugh Rich (Corporate Broking)

 Emma Earl (Corporate Finance)

John Prior (Corporate Finance)

 Shore Capital Stockbrokers Limited (Joint Broker)                  +44 20 7408 4090

 Henry Willcocks (Corporate Broking)

 Toby Gibbs (Corporate Advisory)

 James Thomas (Corporate Advisory)
 Radnor Capital (Investor Relations)                                +44 20 3897 1830

 Joshua Cryer

 Iain Daly
 Buchanan (Financial PR)                                            +44 20 7466 5000

 Helen Tarbet

 Simon Compton

 

 

 

Notes to Editors

 

Velocys is an LSE-listed, international sustainable fuels technology company,
traded on the AIM, providing customers with a technology solution to enable
the production of negative Carbon Intensity synthetic, drop-in fuels from a
variety of waste materials. Synthetic fuel is the only commercially available,
permanent alternative to fossil aviation fuels. The Velocys technology is
IP-protected in all major jurisdictions.

 

Two reference projects (Bayou Fuels, US, and Altalto, UK) are designed to
accelerate the adoption and standardise the Velocys proprietary Fischer
Tropsch (FT) technology with an integrated end to end solution, including
renewable power and carbon sequestration.

Velocys is enabling commercial scale synthetic fuel production in response to
the clean energy transition, with significant additional positive air quality
impacts.

www.velocys.com (http://www.velocys.com)

 

 

 

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