TIDMGEL

RNS Number : 3627N

Greka Engineering & Technology Ltd

28 January 2016

28 January 2016

Greka Engineering & Technology Ltd

("Greka Engineering" or the "Company")

Change of adviser

Greka Engineering & Technology Ltd. (AIM: GEL), an unconventional gas sector engineering and technology business with pipeline, gas compression and power generation assets in China, announces that the Company's nominated adviser, Smith & Williamson Corporate Finance Limited, has been appointed as the Company's sole corporate broker with immediate effect.

Contacts:

 
     Greka Engineering 
      Randeep Grewal, Chairman                           +852 3710 0168 
--------------------------------------------------  ------------------------ 
     Smith & Williamson 
      Nominated Adviser and Broker 
      Dr Azhic Basirov / David Jones / Ben Jeynes        +44 (0)20 7131 4000 
--------------------------------------------------  ------------------------

About Greka Engineering and Technology

Greka Engineering & Technology Ltd. (AIM: GEL) was demerged from Green Dragon Gas Limited (LSE: GDG) via a dividend in specie and was admitted to trading on AIM in September 2013.

Greka Engineering offers turnkey solutions to over 90 upstream, midstream and downstream gas suppliers. The Company's technologies include Compressed Natural Gas/Liquefied Natural Gas (CNG/NLG) compressor equipment, CNG retail dispenser equipment and CBM wellhead extraction technologies. The Company also supplies proprietary Integrated Circuit Card Point of Sale (ICC POS) and Supervisory Control and Data Acquisition (SCADA) software and hardware solutions for the remote management of transmission systems, power facilities, vehicle management and retail services. In addition, the Company invests in, operates and maintains wholly owned assets for its customers in return for service contracts based on the volume management.

The Company has historically completed several Engineering, Procurement, Construction and Management (EPCM) contracts including the design, construction and management of gas gathering systems, a gas pipeline in Shanxi Province to the China West-East pipeline, the installation and commissioning of a 10MW gas-fired power facility in the Shanxi province and the construction of CNG retail stations.

For more information on Greka Engineering, please visit the Company's website at: www.grekaengineering.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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January 28, 2016 11:50 ET (16:50 GMT)

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