EQTEC PLC Nomad Status - Update (7550K)
18 December 2018 - 6:00PM
UK Regulatory
TIDMEQT
RNS Number : 7550K
EQTEC PLC
18 December 2018
18 December 2018
EQTEC plc
("EQTEC" or the "Company")
Nomad Status - Update
EQTEC plc (AIM: EQT), the AIM quoted technology solution company
for waste gasification to energy projects, announces that further
to the RNS on 6 December 2018, the Company is pleased to announce
that the transition to its new nominated adviser ("Nomad") is
continuing smoothly and that the Company anticipates being able to
announce the appointment of the new Nomad by mid/late-January 2019
following the completion of the due diligence process and a site
visit to Barcelona which is scheduled for mid-January 2019.
In accordance with AIM Rule 1, if in the event that the Company
fails to appoint a new Nomad by 1 February 2019 the Exchange will
suspend trading in the Company's AIM Securities. In the event that
the Company has failed to appoint a replacement Nomad by 4 March
2019 the admission of its AIM Securities will be cancelled.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU).
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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