28 September 2010
Camco International Ltd
Holding in Company
Camco International Limited ("Camco", AIM:CAO), a global developer of emission reductions and clean energy projects, announces that it has been informed by Khazanah Nasional Berhad that, on 27 September 2010, Payar Investments Ltd (a wholly owned subsidiary undertaking of Khazanah Nasional Berhad) acquired 34,500,000 ordinary shares of €0.01 in the Company, representing 19.56% of Camco's issued share capital as at the date of this announcement.
On 27 September 2010, Camco announced that it was issuing 9,280,913 ordinary shares to Khazanah Nasional Berhad in connection with the joint venture. These shares are due to be admitted to trading on Thursday 30 September 2010. Following the issue of those shares and taking into account the share purchase referred to above, Khazanah Nasional Berhad's shareholding will be 43,780,913 ordinary shares representing 23.59% of Camco's issued share capital (after taking account of the share issue).
Enquiries:
KBC Peel Hunt Ltd (Nominated Adviser and Broker) |
+44 (0)20 7418 8900 |
Jonathan Marren |
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David Anderson |
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Notes to editors:
About Camco
Camco International Limited (Camco, AIM:CAO) is a global developer of emission reductions and clean energy projects with operations in the US, the UK, China, Africa, Russia and SEA. Camco has a 20 year track record in project development, technical delivery and policy development, working with local industry, multinational companies, governments and regulatory bodies.
Camco's Clean Energy Project Development and Investment teams collaborate with industry, project developers, equipment providers and investor groups to create emissions-to-energy projects and maximise sustainable energy production across a range of industries; including agricultural methane, industrial energy efficiency, coal mine methane, municipal solid waste, biomass and landfill gas.
The Carbon Project Development business has created one of the largest emission reductions portfolios and has structured groundbreaking and innovative arrangements for the sale and delivery of emission reductions to compliance and voluntary buyers.
The Energy and Carbon Advisory teams provide strategic, commercial and technical expertise accrued over two decades to deliver low carbon energy and sustainable development solutions.
www.camcoglobal.com