Further re Corporate Update

RNS Number : 3033S

React Energy PLC

06 July 2015

 



6 July 2015

REACT Energy plc

("REACT" or the "Company")

Corporate Update

Further to the announcement of 3 July 2015 the Company announces that in line with his statutory duty, the Examiner appointed to REACT (and its related companies) today presented to the High Court in Dublin for consideration a scheme of arrangement previously approved by shareholders and a majority of creditors (the "Scheme").

The High Court Judge has set Tuesday 14 July 2015 as the date for the final confirmation hearing at which the Court will make a final decision on the approval of the Scheme.

Further updates will be provided in due course.

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For further information:

REACT Energy plc	[phone]
Gerry Madden/Brendan Halpin
Shore Capital - Nomad & Broker	[phone]
Pascal Keane / Anita Ghanekar

About REACT

REACT Energy plc is committed to operating clean electricity and heat generation plants in the UK and Ireland.

The Company identifies, builds owns and operates plants and possesses significant knowledge of energy markets, clean technologies, fuel sources, project development, project finance and project delivery.

REACT 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 listed on AIM and trades as REAC.www.reactenergyplc.com

 

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