TIDMEQT

RNS Number : 1048J

EQTEC PLC

30 November 2018

30 November 2018

EQTEC plc

("EQTEC" or the "Company")

Result of AGM

EQTEC plc (AIM: EQT), the technology solution company for waste gasification to energy projects, announces that its 2018 Annual General Meeting ("AGM") was held today at the Cork International Hotel, Cork.

All resolutions put to shareholders were duly passed, with the exception of Resolution 3, to re-elect Executive Director, Mr. Luis Sanchez. This move is in line with the previously stated plan, as announced on 27 September 2018, to reduce the representation on the Board of EBIOSS from two to one. Luis Sanchez will now leave the Board and has also tendered his resignation from the Company with immediate effect.

Ian Pearson, Non-Executive Chairman, said: "On behalf of the Board we would like to thank Luis for his contribution to EQTEC over the years and we wish him all the best in his future endeavours."

This announcement contains inside information as defined in Article 7 of the EU Market Abuse Regulation No 596/2014 and has been announced in accordance with the Company's obligations under Article 17 of that Regulation.

Enquiries

 
                                               +353 (0)21 2409 
 EQTEC plc                                      056 
 Ian Price - Chief Executive Officer 
  Gerry Madden - Finance Director 
 
 Northland Capital Partners Limited - Nomad 
  and Broker                                   +44 (0)20 3861 6625 
 David Hignell / Dugald J. Carlean 
 
 Luther Pendragon - Financial PR               +44 (0)20 7618 9100 
 Harry Chathli / Alexis Gore / Joe Quinlan

Notes to Editors

About EQTEC plc

EQTEC's business model involves sourcing and providing assistance in developing waste elimination projects to which it will ultimately sell its EQTEC Gasifier Technology ("EGT") and O&M services. EGT enables project developers to construct waste elimination plants and recover electrical and thermal energy from the waste streams.

EQTEC sources projects that have a local supply of waste in need of elimination and conversion. It builds relationships and brings together the developers, the waste owners, the building contractors and funders. It then supplies the energy recovery technology and provides engineering services to the projects. Furthermore, EQTEC will provide O&M services to the operating projects generating recurring revenues over the life of the projects.

The Company is quoted on AIM and trades as EQT. Further information on the Company can be found at www.eqtecplc.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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November 30, 2018 09:35 ET (14:35 GMT)

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