Result of general meeting and total voting rights

RNS Number : 2218X

Velocys PLC

08 August 2018

 

News release

Velocys plc

("Velocys" or "the Company")

8 August 2018

Result of general meeting and total voting rights

Velocys plc (VLS.L), the renewable fuels company, is pleased to announce that, in connection with the £6 million fundraising announced by the Company on 23 July 2018 (the "Placing"), all resolutions put to shareholders at the General Meeting today were duly passed.

Application has been made for the Second Tranche Placing Shares (being 30,000,000 Placing Shares) to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur on 9 August 2018. Following Admission, the Company will have 390,322,765 shares in issue.

The Company does not currently hold any shares in treasury. Accordingly, the above figure of 390,322,765 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

- Ends -

For further information, please contact:

Velocys David Pummell, CEO	[phone]
Numis Securities (Nomad and joint broker) Alex Ham Stuart Skinner Jamie Lillywhite Tom Ballard	[phone]
Canaccord Genuity (Joint broker) Henry Fitzgerald-O'Connor Ben Griffiths	[phone]
Camarco (Financial communications & PR) Billy Clegg Georgia Edmonds Tom Huddart	[phone]
Scoville Public Relations (US public relations) John Williams	[phone]#1

www.velocys.com 

 

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