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EQT Eqtec Plc

1.85
0.00 (0.00%)
Last Updated: 08:00:21
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Eqtec Plc LSE:EQT London Ordinary Share IE000955MAJ1 ORD EUR0.01 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.85 1.80 1.90 1.85 1.85 1.85 1,949 08:00:21
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electric Services 7.97M -10.53M -0.0712 -0.26 2.73M

React Energy PLC Further re Corporate Update (9164P)

11/06/2015 11:58am

UK Regulatory


Eqtec (LSE:EQT)
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TIDMREAC

RNS Number : 9164P

React Energy PLC

11 June 2015

 
 
 

11 June 2015

REACT Energy plc

("REACT" or the "Company")

Corporate Update

Further to the announcements of 20 May 2015, 3 June 2015 and 8 June 2015 the Company announces that in line with his statutory duty, the Examiner appointed to REACT (and its related companies) yesterday presented proposals for a scheme of arrangement (the "Scheme") to the Company's shareholders and creditors. The proposed scheme was unanimously approved by shareholders present and by the required majority of creditors present.

The Examiner will now go to the High Court in Ireland to seek approval for the Scheme.

Further updates will be provided in due course.

- Ends -

For further information:

 
                                 +353 (0)21 2409 
REACT Energy plc                  056 
Gerry Madden/Brendan Halpin 
                                 +44 (0)20 7408 
Shore Capital - Nomad & Broker    4090 
Pascal Keane / Anita Ghanekar 
 

About REACT

REACT Energy plc is committed to operating clean electricity and heat generation plants in the UK and Ireland.

The Company identifies, builds owns and operates plants and possesses significant knowledge of energy markets, clean technologies, fuel sources, project development, project finance and project delivery.

REACT currently has four operational clean energy plants generating revenue from the sale of electricity and heat.

The generation of clean electricity and heat from sustainable sources has the potential to address the key energy challenges of energy security and carbon commitment and provide strong returns on capital employed.

The company is listed on AIM and trades as REAC.www.reactenergyplc.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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