London and Leeds Shareholder Evenings

RNS Number : 8061V

Infrastrata PLC

11 April 2019

 

11 April 2019

InfraStrata plc

("InfraStrata" or the "Company")

London and Leeds Shareholder Evenings

InfraStrata plc (AIM: INFA), the UK quoted company focused on the development of natural gas storage capacity in Northern Ireland, is pleased to announce that it will be hosting two shareholder update events in May 2019, in London and Leeds respectively. 

Both events will take the format of a corporate presentation followed by a Q&A session.

London - 08 May 2019

The Company will welcome guests from 5:30 p.m., with the presentation to commence promptly at 6:00 p.m., on 08 May 2019 at 1 America Square Conference Centre, 17 Crosswall Street, London, EC3N 2LB.

Leeds - 14 May 2019

The Company will welcome guests from 5:00 p.m., with the presentation to commence promptly at 5:30 p.m., on 14 May 2019 at The Met Hotel, King Street, Leeds, LS1 2HQ.

John Wood, Chief Executive and Interim Chairman, will host the meeting along with key members of the executive team and looks forward to meeting existing and prospective investors.

Pre-registration is required for attendance to either or both events. To confirm attendance, please email [e-mail], stating which event/s you would like to be registered for.  

No new material information will be released at the two events.

For further information, please contact:

InfraStrata plc John Wood, Chief Executive	c/o Yellow Jersey [phone]
Allenby Capital Limited (AIM Nominated Adviser & Joint Broker) Jeremy Porter / Liz Kirchner	[phone]
SI Capital Limited (Joint Broker) Nick Emerson	[phone]
Yellow Jersey Tim Thompson / Henry Wilkinson	[phone]

-ENDS-

Notes to editors:

InfraStrata is an independent gas storage company focused on the UK and Ireland. Further information is available on the Company's website: www.infrastrataplc.com 

Background on the Islandmagee Storage Project

The Islandmagee gas storage project is a proposed salt cavern gas storage facility located on Islandmagee in County Antrim, Northern Ireland. The Board of InfraStrata believes that the proposed 500 million cubic metres natural gas cavern storage facility will provide over 25% of the UK's natural gas storage once constructed. The facility will be situated adjacent to the Scotland Northern Ireland (gas) Pipeline (SNIP) and the Moyle 500 megawatt electricity interconnector. Work commenced in 2007 with the acquisition of 3D seismic data to image the Permian salt in the Larne Lough area. During 2012, planning permission was granted for the project and a gas storage licence was issued by the Utility Regulator. In 2015 a well was drilled to core the salt and confirm the technical feasibility of the project, supported in part by the European Commission. The Front End Engineering and Design (FEED) element of the project was completed in November 2018 and the FEED report was submitted to the European Union in December 2018 in accordance with the Company's grant conditions.  To date approximately £14.5m has been invested in the project.

Further information is available on the company's website: www.infrastrataplc.com 

The Front End Engineering & Design (FEED) and Insitu Downhole Testing programme for the Islandmagee gas storage project is co-financed by the European Union's Connecting Europe Facility.

Disclaimer releasing the European Union from any liability in terms of the content of the dissemination materials:

"The sole responsibility of this publication lies with the author. The European Union is not responsible for any use that may be made of the information contained therein."

 

END

 

 

NRACKKDQNBKDFQD