TIDMVLS

RNS Number : 6490X

Velocys PLC

01 September 2015

News release

Velocys plc

("Velocys" or "the Company")

1(st) September 2015

Total voting rights

The Company announces that, following the issue of new Ordinary Shares pursuant to the exercise of share options during the month ended 31(st) August 2015 and their admission to trading on AIM under the Company's blocklisting, the total issued share capital of the Company is 141,920,992 Ordinary Shares, each with voting rights.

The Company does not currently hold any shares in treasury. Accordingly, this figure of 141,920,992 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

- Ends -

For further information, please contact:

 
 Velocys                                            +44 1235 841 
  Susan Robertson, CFO                               700 
 Numis Securities (Nomad and Broker) 
  Alex Ham - Corporate Broking 
  Stuart Skinner / Jamie Lillywhite - Nominated 
  Adviser                                          +44 20 7260 1000 
 Camarco (financial communications & PR) 
  Billy Clegg / Georgia Mann                       +44 20 3757 4983

Notes to editors

About Velocys

Velocys is the company at the forefront of smaller scale gas-to-liquids (GTL) that turns natural gas or biomass into premium liquid products such as diesel and jet fuel. Smaller scale GTL adds value to shale gas and bio-waste, and makes stranded or flared gas economic - an untapped market of up to 25 million barrels per day.

Velocys technology, protected by over 800 patents, is specifically designed for smaller scales, combining super-active catalysts with intensified reactor systems. The Company's standardised modular plants are easier to ship and faster to install, at lower risk, even in the most remote or challenging locations. Together with world-class partners, Velocys works flexibly to unlock gas resources of 15,000 to 150,000 mmbtu per day, allowing more companies to take advantage of more opportunities.

Velocys plc is listed on the AIM market of the London Stock Exchange (LSE: VLS). The Company is well capitalised and has a multi-disciplinary staff of over 100 operating from its commercial centre in Houston, Texas, USA and technical facilities near Oxford, UK and Columbus, Ohio, USA. Its first commercial plant, funded by Waste Management (NYSE: WM), NRG Energy (NYSE: NRG) and Ventech Engineers, is on track to enter commercial production in H1 2016.

www.velocys.com

Think Smaller(TM). Velocys is changing the way fuels are made.

This information is provided by RNS

The company news service from the London Stock Exchange

END

TVRLBMPTMBTMMRA

(END) Dow Jones Newswires

September 01, 2015 04:30 ET (08:30 GMT)

Oxford Catalysts (LSE:OCG)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Oxford Catalysts Charts.
Oxford Catalysts (LSE:OCG)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Oxford Catalysts Charts.