Appointment of Joint Corporate Broker

RNS Number : 0428F

EQTEC PLC

15 May 2017

 

15 May 2017

EQTEC PLC

("EQTEC", "Company" or the "Group")

Appointment of Joint Corporate Broker

EQTEC PLC (AIM: EQT), the energy infrastructure developer and operator which focuses on the production of clean energy in the UK and Ireland, is pleased to announce that it has appointed VSA Capital ("VSA") as its joint corporate broker with immediate effect.

Gerry Madden, EQTEC Chief Executive Officer, commented:

"With its specialist focus on Alternative Energy and Cleantech, we are delighted to team up with VSA at this stage in our company's development. We look forward to working together to deliver our strategy, which in conjunction with EBIOSS Energy SE ("EBIOSS"), sets out to deploy EBIOSS's proprietary EGT Gasifier Technology in the UK Energy from Waste ("EfW") sector, both into existing Group projects and future projects in the pipeline."

Andrew Raca, VSA's Head of Corporate Finance, commented:

"VSA will be actively looking at ways to add to the momentum already building in EQTEC. With the Company having already formed an important strategic partnership with EBIOSS, it is in an exciting position in terms of both its continuing operations, and its future development, and has a strong platform to exploit the significant opportunity currently available in the UK EfW sector through the use of its EGT technology and EBIOSS's existing contacts and pipeline."

For further information:

EQTEC PLC	[phone]
Gerry Madden / Brendan Halpin
Strand Hanson Limited - Nomad	[phone]
James Harris / Richard Tulloch / Ritchie Balmer
VSA Capital Limited - Joint Broker	[phone]
Andrew Monk / Andrew Raca / Edward Hugo
SVS Securities Plc - Joint Broker	[phone]
Tom Curran / Ben Tadd

About EQTEC:

EQTEC PLC is committed to operating clean electricity and heat generation plants in the UK and Ireland. The Company seeks to identify, build, own and operate clean energy projects and possesses significant knowledge of energy markets, clean technologies, fuel sources, project development, project finance and project delivery. EQTEC currently has four operational clean energy plants generating revenue from the sale of electricity and heat. The generation of clean electricity and heat from sustainable sources has the potential to address the key energy challenges of energy security and carbon commitment and provide strong returns on capital employed.

The Company is quoted on AIM and trades as EQT. Further information on EQTEC can be found at www.eqtecplc.com.

 

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