Notice of AGM

RNS Number : 5928Y

Inspirit Energy Holdings PLC

02 December 2014

 



INSPIRIT ENERGY HOLDINGS PLC

(AIM: INSP)

Notice of Annual General Meeting

Inspirit Energy Holdings Plc ("Inspirit" or "the Company") announces that a Notice of Annual General Meeting to be held at the offices the Company, 2 London Wall Buildings, London EC2M 5PP on 23 December 2014 at 11 a.m. and Proxy Form have been posted to shareholders and are available from the Company's website (www.inspirit-energy.com). 

The Company also intends to announce its annual results and publish the Annual Report and Accounts for the year ended 30 June 2014 shortly.

For further information please contact:

Inspirit Energy Holdings plc	www.inspirit-energy.com
John Gunn, Executive Director	[phone]
Jubeenh Nazhat, Executive Director/Company Secretary	[phone]
Westhouse Securities Limited
Antonio Bossi	[phone]
Public Relations:
Square1 Consulting
David Bick	[phone]

Notes to the Editors:

Inspirit Energy, is a company based in Sheffield and is currently developing a micro combined heat and power (mCHP) boiler for the commercial and residential markets. The boiler is specifically designed to meet the challenge of reduced carbon energy supply and is capable of running on natural gas, LPG and Bio Fuels. The appliance produces hot water (for tap water or central heating) and electrical output simultaneously. The installation can be of single or multiple configuration and its high operating efficiency together with the off-set of electricity costs provides a very attractive investment payback proposition.

Inspirit intends to explore opportunities to licence out the underlying technology and the Directors believe that in some instances, the patents owned by Inspirit may be also used in the development of products other than a mCHP appliance. A prototype of the appliance has been independently tested and shown to be capable of simultaneous generation of up to 15kW thermal and up to 3kW electrical output. Once development of the appliance has been completed and commercialised, the Directors expect that the appliance will initially be marketed in the UK and Europe and eventually worldwide. Additional revenue streams may be possible through product licensing, sales of warranties and further development of the product. 

 

END

 

 

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