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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Redt Energy Plc | LSE:RED | London | Ordinary Share | GB00B11FB960 | ORD EUR0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 52.50 | 50.00 | 55.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMRED
RNS Number : 8687H
RedT Energy PLC
27 March 2020
27 March 2020
redT energy plc
("redT" or the "Company")
Update - EGM Arrangements
Further to the announcement on 24 March 2020, redT energy plc (AIM:RED), the energy storage solutions company, provides a further update on arrangements for its Extraordinary General Meeting ("EGM") which will take place at 11am on 1 April 2020.
On 23 March 2020, the UK government announced strict new measures to tackle the spread of coronavirus, including a 'stay at home' order and a ban on public gatherings of more than two people. This order is expected to be in force for a minimum of three weeks from the announcement date.
In light of the unprecedented circumstances, government guidance and the utmost concern for the health and safety of our staff, shareholders and advisors, the Company has taken the precaution of arranging for its members to be able to attend the EGM by way of a safer, remotely-held 'virtual' meeting system, which will allow shareholders to join and vote at the EGM without attending in person.
Shareholders wishing to access the 'virtual' meeting system to attend the EGM must email investor.relations@redtenergy.com confirming their own unique Shareholder Registration Number (SRN) and their intention to join the EGM to vote. Once their identity is verified, qualifying shareholders will receive a username and password along with instructions to join the EGM electronically. Please note that requests to join the meeting must be received by the Company before 11am on 31 March to be accepted.
The Company regrets that due to the difficult circumstances, only formal business will be undertaken at the meeting and there will be no presentations given by management. The Company will however endeavour to host a retail shareholder call in due course following the meeting.
The result of the meeting will be communicated via RNS following the conclusion of the EGM on 1 April 2020.
Shareholders are once again encouraged to use their proxy vote and reminded that completed proxy forms may also be scanned and submitted via email to #UKCSBRS.ExternalProxyQueries@computershare.co.uk until 11am on 30 March.
Please contact Joe Worthington, Head of External Communications via investor.relations@redtenergy.com or on +44 (0) 207 121 6111 if you require assistance.
Enquiries :
+44 (0)20 7121 redT energy plc 6111 Neil O'Brien, Executive Chairman Fraser Welham, Chief Financial Officer Joe Worthington, Head of External Communications Investec Bank plc (Nominated Adviser and +44 (0) 20 7597 Broker) 5970 Jeremy Ellis / Chris Sim / Cassie Herlihy VSA Capital (Financial Adviser and Joint Broker) +44 (0)20 3005 Andrew Monk / Andrew Raca 5000 Hudson Sandler (Financial PR) +44(0) 207 796 Nick Lyon / Toby Andrews 4133
Notes to Editors
About redT energy
redT energy plc are experts in energy storage, specialising in the design, manufacture, installation and operation of energy storage infrastructure which creates revenue alongside reliable, low-cost renewable generation for businesses, industry and electricity distribution networks. Using patented vanadium redox flow technology to store energy in liquid, redT's own energy storage machines can be run continually with no degradation: charging and discharging for over 25 years, matching the lifespan of renewable assets in on-grid, off-grid and weak-grid settings.
redT's energy storage solutions, developed over the past 15 years, address today's changing energy market by providing a flexible platform for time shifting surplus renewable power, securing electricity supplies and earning revenue through grid services. The company has customers in the UK, Europe, sub-Saharan Africa, Australia and Asia Pacific. For more information, visit www.redTenergy.com
For sales, press or investor enquiries, please contact the redT team on +44 (0)207 061 6233.
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.
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March 27, 2020 06:44 ET (10:44 GMT)
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