Clean Air Power Limited Exercise of Options, Issuance of Shares, TVR (6090C)
March 20 2014 - 3:00AM
UK Regulatory
TIDMCAP
RNS Number : 6090C
Clean Air Power Limited
20 March 2014
20 March 2014
Clean Air Power Limited
("Clean Air Power" or the "Company")
Exercise of Options,
Issuance of Shares to Employees for Long Service and
Total Voting Rights
Clean Air Power (AIM:CAP), the developer and global leader in
Dual-Fuel engine management software for heavy-duty vehicles
announces that it has issued and allotted 500,000 new common shares
of US$0.001 each in the Company ('Common Shares') pursuant to the
exercise of options by a former director of the Company.
The Company has also issued and allotted 17,500 new Common
Shares as long service awards to certain employees of the
Company.
Application has been made to the London Stock Exchange for the
517,500 new Common Shares to be admitted to trading on AIM on 21
March 2014 ("Admission"). Following Admission, the number of Common
Shares in issue, and the total number of voting rights, will have
increased to 231,536,639. This is the figure which may be used by
shareholders in the Company as the denominator for the calculations
in which they will determine if they are required to notify their
interest in, or a change in their interest in, the share capital of
the Company under the FCA's Disclosure and Transparency Rules.
For further information, please contact:
Clean Air Power Tel: +44 (0)1772 624
John Pettitt, Chief Executive 499
Neill Skinner, Finance Director
Citigate Dewe Rogerson Tel: +44 (0)20 7282
Malcolm Robertson 2867
Chris Gardner
Cantor Fitzgerald Europe
David Foreman / Mark Percy Tel: +44 (0)20 7894
(Corporate Finance) 7000
David Banks / Paul Jewell (Corporate
Broking) Tel: +44 (0)20 7894
7632
Peat & Co
Charlie Peat
Andy Cuthill Tel: +44 (0)20 3540
1721
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.
Initially founded in the USA in 1991, around GBP50m has been
invested in developing the technology with the result that 65
patents are currently held or pending. The holding company of the
Group is based in Bermuda with operational subsidiaries in the UK,
the USA and Australia. The Group was admitted to the AIM market of
the London Stock Exchange in February 2006.
Further information on Clean Air Power is available at
www.cleanairpower.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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