2nd January 2015
("Velocys" or "the Company")
Total Voting Rights
The Company announces that, following the issue of new Ordinary Shares pursuant to the exercise of share options during the month ended 31st December 2014 and their admission to trading on AIM under the Company's blocklisting, the total issued share capital of the Company is 141,896,391 Ordinary Shares, each with voting rights.
The Company does not currently hold any shares in treasury. Accordingly, this figure of 141,896,391 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.
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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 / Tom Ballard - Corporate Broking Stuart Skinner / Jamie Lillywhite - Nominated Adviser
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+44 207 260 1000 |
Camarco (financial communications) Billy Clegg / Georgia Mann
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+44 203 757 4983
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Lionsgate Communications (European PR) Jonathan Charles
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+44 203 697 1209
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Pierpont Communications (North American PR) Krystal Hewitt |
+1 713 627 2223 |
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 over 100 employees with facilities in Houston, Texas, USA and near Oxford, UK and Columbus, Ohio, USA.
www.velocys.com