Infrastrata PLC Shareholder update meeting and presentation
05 December 2018 - 6:01PM
RNS Non-Regulatory
TIDMINFA
Infrastrata PLC
05 December 2018
RNS Reach announcement
5 December 2018
InfraStrata plc
("InfraStrata" or the "Company")
Shareholder update meeting and presentation
InfraStrata plc (AIM: INFA), the UK quoted company focused on
the development of natural gas storage capacity , is pleased to
announce that it will be holding a shareholder and investor update
meeting and presentation followed by a Q&A session today, 5
December 2018, at 6:30 p.m. (U.K. local time), at 1 America Square
conference centre, 17 Crosswall Street, London EC3N 2LB.
Graham Lyon (Chairman) and John Wood (Chief Executive Officer)
will host the meeting along with key members of the executive and
non-executive team.
The presentation will also be available on the Company's website
(https://www.infrastrataplc.com) after the meeting.
No new material information will be released at the meeting.
For further information, please contact:
InfraStrata plc c/o Yellow Jersey
John Wood, CEO +44 (0) 20 3735
Graham Lyon, Chairman 8825
Allenby Capital Limited (AIM Nominated
Adviser & Joint Broker) +44 (0) 20 3328
Jeremy Porter / Liz Kirchner 5656
SI Capital Limited (Joint Broker) +44 (0) 20 3871
Nick Emerson 4038
Yellow Jersey
Tim Thompson / Harriet Jackson / Henry +44 (0) 20 3735
Wilkinson 8825
-ENDS-
Notes to editors:
InfraStrata is an independent gas storage company focused on the
UK and Ireland. Further information is available on the Company's
website: www.infrastrataplc.com.
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
European Commission. The Front End Engineering and Design (FEED)
element of the Project was completed in November 2018 with final
reports scheduled to be submitted to the EU in December 2018. To
date approximately GBP13.5m has been invested in the project.
Further information is available on the company's website:
www.infrastrataplc.com
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."
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END
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