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Regulatory Story
Company EQTEC PLC
TIDM EQT
Headline Result of AGM
Released 14:35 30-Nov-2018
Number 1048J14

RNS Number : 1048J
EQTEC PLC
30 November 2018
 

 

30 November 2018

 

EQTEC plc

 

("EQTEC" or the "Company")

 

Result of AGM

 

EQTEC plc (AIM: EQT), the technology solution company for waste gasification to energy projects, announces that its 2018 Annual General Meeting ("AGM") was held today at the Cork International Hotel, Cork.

 

All resolutions put to shareholders were duly passed, with the exception of Resolution 3, to re-elect Executive Director, Mr. Luis Sanchez. This move is in line with the previously stated plan, as announced on 27 September 2018, to reduce the representation on the Board of EBIOSS from two to one. Luis Sanchez will now leave the Board and has also tendered his resignation from the Company with immediate effect.

 

Ian Pearson, Non-Executive Chairman, said:  "On behalf of the Board we would like to thank Luis for his contribution to EQTEC over the years and we wish him all the best in his future endeavours."

 

This announcement contains inside information as defined in Article 7 of the EU Market Abuse Regulation No 596/2014 and has been announced in accordance with the Company's obligations under Article 17 of that Regulation.

 

Enquiries

 

EQTEC plc

+353 (0)21 2409 056

Ian Price - Chief Executive Officer

Gerry Madden - Finance Director




Northland Capital Partners Limited - Nomad and Broker

+44 (0)20 3861 6625

David Hignell / Dugald J. Carlean




Luther Pendragon - Financial PR

+44 (0)20 7618 9100

Harry Chathli / Alexis Gore / Joe Quinlan


 

Notes to Editors

 

About EQTEC plc

 

EQTEC's business model involves sourcing and providing assistance in developing waste elimination projects to which it will ultimately sell its EQTEC Gasifier Technology ("EGT") and O&M services. EGT enables project developers to construct waste elimination plants and recover electrical and thermal energy from the waste streams.

 

EQTEC sources projects that have a local supply of waste in need of elimination and conversion. It builds relationships and brings together the developers, the waste owners, the building contractors and funders. It then supplies the energy recovery technology and provides engineering services to the projects. Furthermore, EQTEC will provide O&M services to the operating projects generating recurring revenues over the life of the projects.

 

The Company is quoted on AIM and trades as EQT. Further information on the Company can be found at www.eqtecplc.com


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