Change of Adviser

RNS Number : 7725I

Velocys PLC

16 December 2020

 

Velocys plc

("Velocys" or "the Company")

16 December 2020

Change of Advisers

Velocys plc (VLS.L)  is pleased to announce the appointment of Panmure Gordon (UK) Limited as nominated adviser and joint corporate broker to the Company, and Shore Capital Stockbrokers Limited as joint corporate broker, both with immediate effect.

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For further information, please contact:

Velocys Henrik Wareborn, CEO Andrew Morris, CFO Lak Siriwardene, Head of Communications & Sustainability [phone] Panmure Gordon (UK) Limited (Nomad and Joint Broker) Dan Norman (Corporate Broking) Emma Earl (Corporate Finance) John Prior (Corporate Finance) [phone] Shore Capital Stockbrokers Limited (Joint Broker) Henry Willcocks (Corporate Broking) Toby Gibbs (Corporate Advisory) Sarah Mather (Corporate Advisory) [phone] Radnor Capital (Investor Relations) Joshua Cryer Iain Daly [phone] Field Consulting (General PR) Robert Jeffery   [phone]

Notes to Editors

Velocys is an international UK-based sustainable fuels technology company. Velocys designed, developed and now licenses proprietary Fischer-Tropsch technology for the generation of clean, low carbon, synthetic drop-in aviation and road transport fuel from municipal solid waste and residual woody biomass plants currently in construction and development.

Velocys is at present developing two reference projects: one in Natchez, Mississippi, USA (incorporating Carbon Capture, Utilisation and Storage) and one in Immingham, UK, to produce fuels that significantly reduce both greenhouse gas emissions and key exhaust pollutants for aviation and road transport. Originally a spin-out from Oxford University, in 2008 the company acquired a US company based on complementary technology developed at the Pacific Northwest National Laboratory. Velocys is headquartered in Oxford in the United Kingdom.

www.velocys.com

 

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