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RNS Number : 4678H
Oracle Power PLC
15 November 2018
 

15 November 2018

 

Oracle Power PLC

("Oracle", the "Company" or the "Group")

Update re Subscription

Oracle Power PLC (AIM:ORCP), the UK energy developer of a combined lignite mineral resource and mine mouth power plant located in the Thar desert in the south-east of Sindh Province, Pakistan, announces that, further to its announcement of 18 September 2018, it has received the outstanding balance of subscription funds of £85,000 from the two relevant subscribers. Accordingly, the Company has sufficient working capital into Q1 2019.

 

 

For further information:

Oracle Power PLC

Shahrukh Khan

 

+44 (0) 203 102 4807

Stand Hanson Limited (Nominated Adviser)

Rory Murphy, Jack Botros

 

+44 (0) 207 409 3494

Brandon Hill Capital Limited

Oliver Stansfield

 

+44 (0) 203 463 5000

Peterhouse Corporate Finance

Charles Goodfellow

 

+44 (0) 207 220 9791

Blytheweigh                                                  

Tim Blythe, Camilla Horsfall, Megan Ray 

 

+44 (0) 207 138 3204

Fortbridge                                                

Matt Beale, Bill Kemmery

 

+44 (0)7966 389196

 

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


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