Shareholder Evening

RNS Number : 1497A

Inspirit Energy Holdings PLC

03 June 2016

 

3 June 2016

Inspirit Energy Holdings Plc

("Inspirit" or "the Company")

Shareholder Evening

Tuesday 14 June

Inspirit Energy Holdings plc, the AIM listed developer of micro combined heat and power boilers, is pleased to announce that it will be holding an investor evening at 5.30pm on Tuesday 14 May 2016 at Adam House, 7-10 Adam Street, London, WC2N 6AA.

At the event, Inspirit Energy's Chairman and CEO, John Gunn, will give an update on the latest corporate developments and Nick Stevenson, Inspirits Marketing Director will briefly talk on the continuing development and commercialisation of the Company's microCHP boiler, the Inspirit Charger.

Zak Mir, the UK's favourite technical analyst, will join the event to discuss what we can expect from the small cap sector in the second half of 2016.

Also on the evening, the Company will be launching its new corporate video, which will demonstrate a working model of the Charger, and a new research note, from Align Research, will be published.

Drinks and canapes will be served following the presentations, where members of the management team and Board will be available for conversation.

To register for a place at the event, or for more information please email Christian Taylor-Wilkinson at [e-mail] with "Inspirit Investor Event" as the subject line. At the event no previously unpublished information that could be considered price sensitive will be divulged.

More information on Inspirit Energy can be seen at: www.inspirit-energy.com

Contacts:
Inspirit Energy Holdings plc
John Gunn, Chairman and CEO	[phone]
Nilesh Jagatia CFO	[phone]
Stockdale Securities Limited (Nominated Advisor and Joint Broker)
Antonio Bossi / David Coaten	[phone]
Peterhouse Corporate Finance (Joint Broker)
Lucy Williams / Duncan Vasey	[phone]
Cadogan Leander
(Financial Public Relations)
Christian Taylor-Wilkinson / Alex Walters	[phone]

About Inspirit Energy Holdings Plc

Inspirit Energy Holdings plc, is developing and commercialising a highly efficient micro combined heat and power (mCHP) boiler for commercial applications. 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 license 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.

 

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