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Velocys PLC (VLS)

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Tuesday 03 August, 2021

Velocys PLC

Application for Block Admission

RNS Number : 3239H
Velocys PLC
03 August 2021
 

Velocys plc

("the Company")

   

3 August 2021

 

Application for Block Admission

 

An application for block admission has been made for 3,000,000 ordinary shares of 1p each ("Ordinary Shares") in the Company ("Block Admission Shares") to be admitted to trading on AIM on 6 August 2021.  The Block Admission Shares are further to the Company's block admissions of Ordinary Shares admitted to AIM on 2 January 2013 and 23 May 2017.

 

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

Henrik Wareborn, CEO

Andrew Morris, CFO

Lak Siriwardene, Director of Communications & Sustainability

 

+44 1865 800821

Panmure Gordon (UK) Limited (Nomad and Joint Broker)

Hugh Rich (Corporate Broking)

Emma Earl (Corporate Finance)

John Prior (Corporate Finance) 

+44 20 7886 2500

Shore Capital Stockbrokers Limited (Joint Broker)

Henry Willcocks (Corporate Broking)

Toby Gibbs (Corporate Advisory)

Sarah Mather (Corporate Advisory)

 

+44 20 7408 4090

Radnor Capital (Investor Relations)

Joshua Cryer

Iain Daly

 

+44 20 3897 1830

 

Field Consulting (General PR)

Rob Jeffery

+44 20 3697 7953

 

 

 

Notes to Editors

 

Velocys is an international UK-based sustainable fuels technology company. Velocys designed, developed and now licenses proprietary Fischer-Tropsch technology for the generation of clean, low carbon, synthetic drop-in aviation and road transport fuel from residual woody biomass and municipal solid waste.

 

Velocys is at present developing two reference projects: one in Natchez, Mississippi, USA (incorporating Carbon Capture, Utilisation and Storage) and one in Immingham, UK, to produce fuels that significantly reduce both greenhouse gas emissions and key exhaust pollutants for aviation and road transport. Originally a spin-out from Oxford University, in 2008 the Company acquired a US company based on complementary reactor technology developed at the Pacific Northwest National Laboratory. Velocys is headquartered in Oxford in the United Kingdom.

 

www.velocys.com

 

 

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