React Energy PLC Statement re accounts (7541I)
March 27 2015 - 12:07PM
UK Regulatory
TIDMREAC
RNS Number : 7541I
React Energy PLC
27 March 2015
REACT Energy plc
("REACT" or the "Group")
Annual Report and Accounts
Interim Results for six months ended 31 December 2014
On 1 December 2014, the Company announced that its securities
had been suspended on AIM pending a notification to clarify REACT's
financial position and that it was not able to issue its final
results for the year to 30 June 2014.
Although funding discussions remain on-going as announced on 20
March 2015, due to the uncertainty surrounding the Company's
financial position, the Board is unable to conclude on the going
concern position of the Company at this time. The Annual Report and
Accounts and the Interim Results to 31 December 2014 due to be
issued at the end of March 2015 will not be issued until clarity is
achieved on the financial position of the Company.
The Company will provide further updates in due course.
For further information:
REACT Energy plc +353 (0)21 2409 056
Gerry Madden/Brendan Halpin
Shore Capital - Nomad & Broker +44 (0)20 7408 4090
Pascal Keane / Anita Ghanekar
Yellow Jersey PR Limited - Public Relations +44 (0)7747 788 221
Dominic Barretto / Anna Legge
About REACT
REACT Energy plc is committed to operating clean electricity and
heat generation plants in the UK and Ireland.
The Company identifies, builds owns and operates plants and
possesses significant knowledge of energy markets, clean
technologies, fuel sources, project development, project finance
and project delivery.
REACT currently has four operational clean energy plants
generating revenue from the sale of electricity and heat.
The generation of clean electricity and heat from sustainable
sources has the potential to address the key energy challenges of
energy security and carbon commitment and provide strong returns on
capital employed.
The company is listed on AIM and trades as
REAC.www.reactenergyplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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