TIDMAPR

RNS Number : 0889D

APR Energy PLC

26 January 2015

26 January 2015

APR Energy plc

Libya Update

APR Energy plc (LSE: APR), a global leader in fast-track power solutions, (the "Group") today announces that the ratification of its contract by the Libyan parliament has still not been secured and that the Board has therefore approved reassignment of those assets to new opportunities, effective immediately.

Ends

Conference call details:

A conference call for investors and analysts will take place today at 1pm UK time / 8am EST. To join the call please dial 0808 237 0030 (UK only), +1 866 928 7517 (US) or +44 20 3139 4830, participant code 64399580#.

For audio playback please dial 0808 237 0026 (UK only) or +44 20 3426 2807, playback reference 653962#.

Enquiries:

APR Energy plc

   Lee Munro                     + 1 904 404 4576

Capital MSL

   Richard Campbell           +44 (0) 20 3219 8800 / +44 (0) 7775 784 933 
   Michael Kinirons            +44 (0) 20 3219 8816 / +44 (0) 7827 925 090

About APR Energy

APR Energy is the world's leading fast-track mobile turbine power business. We provide large-scale, fast-track power, providing customers with rapid access to reliable electricity when and where they need it. APR combines state-of-the-art, fuel-efficient technology with industry-leading expertise to provide turnkey power plants that are rapidly deployed, customisable and scalable. Serving both utility and industrial segments, APR Energy provides power generation solutions to customers and communities around the world, with an emphasis on Africa, the Americas, Asia-Pacific and the Middle East. For more information, visit the Company's website at www.aprenergy.com.

Certain statements included in this announcement constitute, or may constitute, forward-looking statements. Any statement in this announcement that is not a statement of historical fact (including, without limitation, statements regarding the Company's future expectations, operations, financial performance, financial condition and business) is or may be a forward-looking statement. Such forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those projected or implied in any forward-looking statement. These risks and uncertainties include, among other factors, changing economic, financial, business or other market conditions. Although any such forward-looking statements reflect knowledge and information available at the date of this announcement, reliance should not be placed on them. Without limitation to the foregoing, nothing in this announcement should be construed as a profit forecast.

This information is provided by RNS

The company news service from the London Stock Exchange

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