Result of AGM

RNS Number : 2757J

Velocys PLC

10 June 2014

 



10^th June 2014

 

VELOCYS PLC

("Velocys" or "the Company")

Results of annual general meeting

Velocys plc (VLS.L), the technology innovator for smaller scale gas-to-liquids (GTL), announces that all of the resolutions proposed at the annual general meeting of the Company held earlier today were duly passed.

- Ends -

For further information, please contact:

Velocys Roy Lipski, CEO Susan Robertson, CFO	[phone] [phone]
Numis Securities Alex Ham - Corporate Broking Stuart Skinner / Jamie Lillywhite - Nominated Advisor	[phone]
Lionsgate Communications (Europe) Jonathan Charles	[phone]
Pierpont Communications (North America) Krystal Hewitt	[phone]

Notes to Editors

Velocys enables modular gas-to-liquids (GTL) plants to convert unconventional, remote and problem gas into valuable liquid fuels. Systems based on the Company's technology are significantly smaller than those using conventional technology, enabling modular plants that can be deployed cost effectively in remote locations and on smaller fields than is possible with competing systems. Together with world-class partners, Velocys provides complete modular GTL solutions that address an untapped market of up to 25 million barrels of fuel a day.

Velocys plc is listed on the AIM market of the London Stock Exchange (LSE: VLS). The Company has approx. 100 employees with facilities in Houston, Texas, USA and near Oxford, UK and Columbus, Ohio, USA.

www.velocys.com

 

END

 

 

RAGLLFFLREIILIS