Notice of GM

RNS Number : 0401K

Infrastrata PLC

06 April 2018

 

6 April 2018

InfraStrata plc

("InfraStrata" or the "Company")

Notice of General Meeting

InfraStrata plc (LON: INFA), the UK quoted company focused on development of strategic gas storage capacity, announces that further to the announcement of 4 April 2018, it will shortly post to shareholders a circular including a notice of general meeting ("General Meeting"). The General Meeting will be held at the Company's registered office 200 Strand, London WC2R 1DJ at 11.00 a.m. on 25 April 2018. The circular, including a notice of general meeting, will also shortly be available on the Company's website www.infrastrata.co.uk.

 For further information, please contact:

InfraStrata plc Adrian Pocock, Chief Executive	c/o Yellow Jersey [phone]
Allenby Capital Limited (AIM Nominated Adviser & Joint Broker) Jeremy Porter / Alex Brearley / Liz Kirchner SI Capital Limited (Joint Broker) Nick Emerson	[phone] [phone] [phone]
Yellow Jersey Tim Thomson	[phone]

-ENDS-

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."

Notes for Editors:

Background on InfraStrata plc

InfraStrata is an independent gas storage company focused on the UK and Ireland.

Further information is available on the Company's website: www.infrastrata.co.uk.

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 and 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 Commission. To date approximately £11.5m has been invested in the project.

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

 

END

 

 

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