24 March 2020
redT energy plc
("redT" or the "Company")
EGM Arrangements and Proxy Voting
redT energy plc (AIM:RED), the energy storage solutions company, announces that in light of the situation regarding COVID-19 and recent UK Government guidance, the Company is currently reviewing its arrangements for the Extraordinary General Meeting, due to take place on 1 April at 11am.
The Company will provide an update in this regard shortly to all shareholders via RNS.
Given the unprecedented circumstances, shareholders are strongly encouraged to vote via means of proxy, which must be lodged with the Company's registrars, Computershare by 11am on 30 March 2020.
Note that completed proxy forms may also be scanned and submitted via email to #UKCSBRS.ExternalProxyQueries@computershare.co.uk
Please contact Joe Worthington, Head of External Communications via investor.relations@redtenergy.com or on +44 (0) 207 121 6111 if you have any questions or require assistance with submitting your proxy vote.
Enquiries :
redT energy plc |
+44 (0)20 7121 6111 |
Neil O'Brien, Executive Chairman |
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Fraser Welham, Chief Financial Officer Joe Worthington, Head of External Communications |
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Investec Bank plc (Nominated Adviser and Broker) |
+44 (0) 20 7597 5970 |
Jeremy Ellis / Chris Sim / Cassie Herlihy
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VSA Capital (Financial Adviser and Joint Broker) Andrew Monk / Andrew Raca |
+44 (0)20 3005 5000
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Hudson Sandler (Financial PR) Nick Lyon / Toby Andrews |
+44(0) 207 796 4133 |
Notes to Editors
About redT energy
redT energy plc are experts in energy storage, specialising in the design, manufacture, installation and operation of energy storage infrastructure which creates revenue alongside reliable, low-cost renewable generation for businesses, industry and electricity distribution networks. Using patented vanadium redox flow technology to store energy in liquid, redT's own energy storage machines can be run continually with no degradation: charging and discharging for over 25 years, matching the lifespan of renewable assets in on-grid, off-grid and weak-grid settings.
redT's energy storage solutions, developed over the past 15 years, address today's changing energy market by providing a flexible platform for time shifting surplus renewable power, securing electricity supplies and earning revenue through grid services. The company has customers in the UK, Europe, sub-Saharan Africa, Australia and Asia Pacific. For more information, visit www.redTenergy.com
For sales, press or investor enquiries, please contact the redT team on +44 (0)207 061 6233.