TIDMVLS

RNS Number : 7725I

Velocys PLC

16 December 2020

Velocys plc

("Velocys" or "the Company")

16 December 2020

Change of Advisers

Velocys plc (VLS.L) is pleased to announce the appointment of Panmure Gordon (UK) Limited as nominated adviser and joint corporate broker to the Company, and Shore Capital Stockbrokers Limited as joint corporate broker, both with immediate effect.

- Ends -

For further information, please contact:

 
  Velocys 
    Henrik Wareborn, CEO 
    Andrew Morris, CFO 
    Lak Siriwardene, Head of Communications & Sustainability    +44 1865 800821 
   Panmure Gordon (UK) Limited (Nomad and Joint 
    Broker) 
    Dan Norman (Corporate Broking) 
    Emma Earl (Corporate Finance)                               +44 20 7886 
    John Prior (Corporate Finance)                               2500 
   Shore Capital Stockbrokers Limited (Joint Broker) 
    Henry Willcocks (Corporate Broking) 
    Toby Gibbs (Corporate Advisory)                             +44 20 7408 
    Sarah Mather (Corporate Advisory)                            4090 
   Radnor Capital (Investor Relations) 
    Joshua Cryer                                                +44 20 3897 
    Iain Daly                                                    1830 
 
   Field Consulting (General PR)                                 +44 20 7096 
    Robert Jeffery                                               7730

Notes to Editors

Velocys is an international UK-based sustainable fuels technology company. Velocys designed, developed and now licenses proprietary Fischer-Tropsch technology for the generation of clean, low carbon, synthetic drop-in aviation and road transport fuel from municipal solid waste and residual woody biomass plants currently in construction and development.

Velocys is at present developing two reference projects: one in Natchez, Mississippi, USA (incorporating Carbon Capture, Utilisation and Storage) and one in Immingham, UK, to produce fuels that significantly reduce both greenhouse gas emissions and key exhaust pollutants for aviation and road transport. Originally a spin-out from Oxford University, in 2008 the company acquired a US company based on complementary technology developed at the Pacific Northwest National Laboratory. Velocys is headquartered in Oxford in the United Kingdom.

www.velocys.com

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December 16, 2020 02:00 ET (07:00 GMT)

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