News release
Velocys plc
("Velocys" or "the Company")
22th May 2015
Posting of annual report and accounts and notice of AGM
Velocys plc announces that copies of the 2014 annual report and accounts, notice of AGM and proxy voting form have been sent to all registered shareholders and are now available for viewing on the Company's website, www.velocys.com.
The annual general meeting is to be held at 10.45 a.m. on 23rd June 2015 at a new venue; the Milton Park Innovation Centre, 99 Park Drive, Milton Park, Oxfordshire, OX14 4RY.
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For further information, please contact:
Velocys Roy Lipski, CEO Susan Robertson, CFO
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+1 713 275 5840 +44 1235 841 700
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Numis Securities (Nomad and Broker) Alex Ham - Corporate Broking Stuart Skinner / Jamie Lillywhite - Nominated Adviser
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+44 20 7260 1000 |
Camarco (financial communications & PR) Billy Clegg / Georgia Mann
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+44 20 3757 4983
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Notes to editors
About Velocys
Velocys is the company at the forefront of smaller scale gas-to-liquids (GTL) that turns natural gas or biomass into premium liquid products such as diesel and jet fuel. Smaller scale GTL adds value to shale gas and bio-waste, and makes stranded or flared gas economic - an untapped market of up to 25 million barrels per day.
Velocys technology, protected by over 900 patents, is specifically designed for smaller scales, combining super-active catalysts with intensified reactor systems. The Company's standardised modular plants are easier to ship and faster to install, at lower risk, even in the most remote or challenging locations. Together with world-class partners, Velocys works flexibly to unlock gas resources of 15,000 to 150,000 mmbtu per day, allowing more companies to take advantage of more opportunities.
Velocys plc is listed on the AIM market of the London Stock Exchange (LSE: VLS). The Company is well capitalised and has a multi-disciplinary staff of over 100 operating from its commercial centre in Houston, Texas, USA and technical facilities near Oxford, UK and Columbus, Ohio, USA. Its first commercial plant, funded by Waste Management (NYSE: WM), NRG Energy (NYSE: NRG) and Ventech Engineers, is on track to enter commercial production in H1 2016.
Think Smaller™. Velocys is changing the way fuels are made.