Clean Air Power Limited Issue of Equity (1026T)
15 Julio 2015 - 2:57AM
UK Regulatory
TIDMCAP
RNS Number : 1026T
Clean Air Power Limited
15 July 2015
15 July 2015
Clean Air Power Limited
("Clean Air Power" or the "Company")
Issue of Equity
Clean Air Power (AIM:CAP), the developer and global leader in
Dual-Fuel engine management software for heavy duty vehicles,
announces that it has issued and allotted 15,000 new common shares
of USD 0.001 each in the Company ("Common Shares") to an employee
as an award in recognition of long service to the Company. The
employee has reached thirty years of service and the award of
shares is in line with the Group's policy on long-service.
Application has been made to the London Stock Exchange for the
15,000 new Common Shares to be admitted to trading on AIM
("Admission") and it is expected that Admission will take place on
or around 21 July 2015. Following Admission, the Company's total
issued share capital will consist of 256,864,139 Common Shares, all
with voting rights. This is the figure which may be used by
shareholders in the Company as the denominator for the calculations
in 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.
John Pettitt, Chief Executive of Clean Air Power, said: "I am
delighted to recognise the significant contribution that one of our
longest serving employees has made to the business over the last
thirty years, demonstrating the depth of experience, talent and
commitment we have within our team."
Enquiries:
Clean Air Power Tel: +44 (0)1772
624 499
John Pettitt, Chief Executive Officer
Neill Skinner, Chief Financial Officer
Citigate Dewe Rogerson Tel: +44 (0)20
7282 2867
Malcolm Robertson
Chris Gardner
Panmure Gordon Tel: +44 (0)20
7886 2500
Corporate Finance
Freddy Crossley / Atholl Tweedie
Corporate Broking
Tom Salvesen
Peat & Co Tel: +44 (0)20
3540 1721
Charlie Peat
About Clean Air Power
Clean Air Power designs, develops and delivers
compression-ignited natural gas engines for heavy duty transport
applications and manufactures innovative hydraulic valves,
injectors and filters for natural gas engines sold to truck
manufacturers around the world. Clean Air Power's patented
Dual-Fuel(TM) and second-generation MicroPilot technology enables
engines to run on natural gas mixed with diesel (or any suitable
combustion fuel) providing the "spark" that ignites the gas.
Substituting natural gas for diesel cuts fuel costs, emissions of
carbon, nitrous oxide and particulates whilst retaining the
original engine's power, efficiency and reliability
characteristics. Clean Air Power operates, directly or through
distributor partnerships, in the US, Europe, Russia and
Australia.
Initially founded in the USA in 1991, over $90m has been
invested in developing the technology with the result that 62
patents are currently held or pending. The holding company of the
Group is based in Bermuda with operational subsidiaries in the UK,
the USA and Australia. The Group was admitted to the AIM market of
the London Stock Exchange in February 2006.
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOELIFEDDSIELIE
Clean Air (LSE:CAP)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Clean Air (LSE:CAP)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024