REG - Velocys PLC - Result of AGM <Origin Href="QuoteRef">VLSV.L</Origin>

VelocysAnnouncement

16/07/2015 12:15

RNS Number : 9756Q
Velocys PLC
23 June 2015
News release
Velocys plc
("Velocys" or "the Company")
23rd June 2015
Results of annual general meeting
Velocys plc (VLS.L), the company at the forefront of smaller scale gas-to-liquids (GTL), announces that all the resolutions proposed at the annual general meeting of the Company held earlier today were duly passed.
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For further information, please contact:
Velocys
Roy Lipski, CEO
Susan Robertson, CFO
+1 713 275 5840
+44 1235 841 700
Numis Securities (Nomad and Broker)
Alex Ham - Corporate Broking
Stuart Skinner / Jamie Lillywhite - Nominated Adviser
+44 20 7260 1000
Camarco (financial communications & PR)
Billy Clegg / Georgia Mann
+44 20 3757 4983
Notes to editors
About Velocys
Velocys is the company at the forefront of smaller scale gas-to-liquids (GTL) that turns natural gas or biomass into premium liquid products such as diesel and jet fuel. Smaller scale GTL adds value to shale gas and bio-waste, and makes stranded or flared gas economic - an untapped market of up to 25 million barrels per day.
Velocys technology, protected by over 900 patents, is specifically designed for smaller scales, combining super-active catalysts with intensified reactor systems. The Company's standardised modular plants are easier to ship and faster to install, at lower risk, even in the most remote or challenging locations. Together with world-class partners, Velocys works flexibly to unlock gas resources of 15,000 to 150,000 mmbtu per day, allowing more companies to take advantage of more opportunities.
Velocys plc is listed on the AIM market of the London Stock Exchange (LSE: VLS). The Company is well capitalised and has a multi-disciplinary staff of over 100 operating from its commercial centre in Houston, Texas, USA and technical facilities near Oxford, UK and Columbus, Ohio, USA. Its first commercial plant, funded by Waste Management (NYSE: WM), NRG Energy (NYSE: NRG) and Ventech Engineers, is on track to enter commercial production in H1 2016.
www.velocys.com
Think Smaller. Velocys is changing the way fuels are made.

This information is provided by RNS
The company news service from the London Stock Exchange
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