Director's Shareholding (4635U)
December 21 2011 - 12:59PM
UK Regulatory
TIDMCAP
RNS Number : 4635U
Clean Air Power Limited
21 December 2011
For Immediate Release 21 December 2011
Clean Air Power Ltd
("Clean Air Power" or "the Company")
Director's Shareholding
Clean Air Power Limited (AIM: CAP), the developer and provider
of Dual-Fuel(TM) combustion technology for heavy-duty diesel
engines, announces that today a circular has been sent to
shareholders seeking shareholder approval at a Special General
Meeting to increase the authorized share capital from US$150,000 to
US$200,000 by the authorisation of a further 50,000,000 Common
Shares (the "Resolution").
Following the recent fundraising as announced 29 November 2011
the Board of Directors has proposed that the authorized share
capital of the Company be increased in order to ensure that the
Company has sufficient authorized but unissued share capital for
any future issues of Common Shares.
A copy of the circular will be available on the company
website:- www.cleanairpower.com
For further information please contact:
Clean Air Power +44 (0)1772 624 499
John Pettitt, Chief Executive
Peter Rowse, Group Finance Director
Buchanan Communications +44 (0)20 7466 5000
Charles Ryland
Ben Romney
Seymour Pierce +44 (0)20 7107 8000
Freddy Crossley/
Mark Percy
David Banks (Corporate Broking)
Notes to Editors
About Clean Air Power
Clean Air Power is the developer and provider of Dual-Fuel(TM)
combustion technology for heavy duty diesel engines. Dual-Fuel(TM)
engines substantially cut fuel costs and carbon emissions without
sacrificing the original engine's characteristic efficiency or
reliability. Clean Air Power is well positioned to assist
corporations and governments to deliver on their environmental
commitments while at the same time reducing transport operators'
overheads.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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