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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Infrastrata Plc | LSE:INFA | London | Ordinary Share | GB00BLPJ1272 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 18.125 | 17.75 | 18.50 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMINFA
RNS Number : 6776O
Infrastrata PLC
08 November 2016
8 November 2016
InfraStrata plc
("InfraStrata" or the "Company")
Holding in Company
InfraStrata plc (AIM: INFA), the gas storage company focused on the UK and Ireland, was informed today that Mr Alan Booth's shareholding in the Company fell below 3 per cent. as a result of dilution from the issue of ordinary shares by the Company on 27 January 2016 and further, that he no longer has a notifiable interest in the Company's issued share capital.
For further information please contact:
InfraStrata plc
Andrew Hindle, Chief Executive Officer 020 8332 1200
Stewart McGarrity, Finance Director
Anita Gardiner, Commercial Development Director
Nominated Adviser and Broker - Allenby Capital Limited
Jeremy Porter / Alex Brearley / Liz Kirchner 020 3328 5656
Financial PR - Camarco
Billy Clegg / Gordon Poole 020 3757 4980
Notes:
Background on InfraStrata plc
InfraStrata is an independent gas storage company focused on the UK and Ireland.
Further information is available on the Company's website www.infrastrata.co.uk.
Background on the Islandmagee Storage Project
The Islandmagee gas storage project company, Islandmagee Storage Limited ("IMSL"), is owned 90% by a wholly owned subsidiary of InfraStrata plc and 10% by a wholly owned subsidiary of Mutual Energy Limited. The project is a proposed salt cavern gas storage facility located on Islandmagee in County Antrim, Northern Ireland. 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 October 2013, the gas storage project was granted a 'Project of Common Interest' ("PCI") status by the European Commission. In 2015 a well was drilled to core the salt and confirm the technical feasibility of the project, supported in part by the Commission. The final stage before a Final Investment Decision will be the Front-End Engineering Design and Commercialisation of the project. To date approximately GBP11m has been invested in the project.
Further information is available on the project company's websitewww.islandmageestorage.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLBIBDBBDGBGLI
(END) Dow Jones Newswires
November 08, 2016 13:22 ET (18:22 GMT)
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