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Share Name Share Symbol Market Type Share ISIN Share Description
Edenville LSE:EDL London Ordinary Share GB00BD0S4T13 ORD 0.02P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.05p 0.04p 0.06p 0.05p 0.05p 0.05p 1,230 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.2 -0.1 - 0.82

Edenville Energy PLC Tanesco Update

14/02/2019 11:39am

UK Regulatory (RNS & others)


Edenville (LSE:EDL)
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RNS Number : 0449Q

Edenville Energy PLC

14 February 2019

14 February 2019

EDENVILLE ENERGY PLC

("Edenville" or the "Company")

Tanesco Update

Edenville Energy Plc (AIM: EDL), the AIM quoted company developing a coal project in southwest Tanzania, has today received a letter from Tanzania Electric Supply Company ("Tanesco") stating that following the Company's submission of the documentation for the Request for Qualification ("RFQ") for coal fired power generation projects in Tanzania, as set out in the Company's announcements of 22 October 2018, 2 November 2018, 8 November 2018 and 7 December 2018, the evaluation process of the submitted applications has been completed and that Edenville did not qualify in relation to the criteria set forth in the RFQ documents.

No reason has been provided by Tanesco for this decision and the Company is currently engaged in discussions with Tanesco to seek clarification as to the reasons behind this decision and to seek a way forward. Further announcements will be made as appropriate.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

For further information please contact:

 
 Edenville Energy Plc 
  Jeff Malaihollo - Chairman 
  Rufus Short - CEO                 +44 (0) 20 3934 6630 
 SP Angel Corporate Finance LLP 
  (Nominated Adviser and Broker) 
  David Hignell 
  Jamie Spotswood 
  Abigail Wayne                       +44 (0) 20 3470 0470 
 IFC Advisory Limited 
  (Financial PR and IR) 
  Tim Metcalfe 
  Graham Herring 
  Heather Armstrong                 +44 (0) 20 3934 6630 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

February 14, 2019 06:39 ET (11:39 GMT)

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