Further re: Timing of Bolivian Compensation Award

RNS Number : 9865Y

Rurelec PLC

31 January 2014

 



31 January 2014                                        

Rurelec PLC

("Rurelec" or "the Company")

Further re: Timing of Bolivian Compensation Award

Rurelec PLC (AIM: RUR), the owner, operator and developer of power generation capacity internationally, today announces that the Permanent Court of Arbitration (PCA) in The Hague has confirmed that the Bolivian compensation award decision will be released after market hours today.

As soon as practicable following the release of the award decision, Rurelec will place a summary of the award decision on its website www.rurelec.com. The Summary will be notified to the London Stock Exchange at 7 a.m. on Monday 3 February. 

The final and binding award will bring to an end a process started in May 2010 when the Plurinational Government of Bolivia nationalised all of the Bolivian generation interests of Rurelec.

-     Ends -

For further information please contact:

Peter Earl, CEO, Rurelec PLC Ana Ribeiro, Head of Communications	Tel: [phone]
Paul Shackleton, Daniel Stewart & Company Plc	Tel: [phone]
Jon Belliss & Guy Peters, XCAP Securities	Tel: [phone]
James Joyce and Nick Field, W. H. Ireland        Tel [phone]

 

END

 

 

STRBBMMTMBIJBAI