Result of general meeting and total voting rights

RNS Number : 5242D

Velocys PLC

31 January 2018

 

News release

Velocys plc

("Velocys" or "the Company")

31 January 2018

Result of general meeting and total voting rights

Velocys plc (VLS.L), the renewable fuels company, is pleased to announce that, in connection with the £18.4 million fundraising announced by the Company on 15 January 2018, the resolutions put to shareholders at the General Meeting today were duly passed.

Following finalisation of subscriptions under the firm placing and placing and open offer, application has been made for 183,462,946 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on 1 February 2018. Following Admission the Company will have 330,322,765 shares in issue.

The Company does not currently hold any shares in treasury. Accordingly, the above figure of 330,322,765 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

- Ends -

For further information, please contact:

Velocys David Pummell, CEO	[phone]
Numis Securities (Nomad and joint broker) Alex Ham Stuart Skinner Jamie Lillywhite Tom Ballard	[phone]
Canaccord Genuity (Joint broker) Henry Fitzgerald-O'Connor Ben Griffiths	[phone]
Camarco (Financial communications & PR) Billy Clegg Georgia Edmonds Tom Huddart	[phone]

www.velocys.com 

 

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