10th Mar 2014 07:00
Trading Emissions plc(the "Company")
Signature of CDM Portfolio Sales Purchase Agreement ("SPA")
The Company entered into a sale and purchase agreement ("SPA") on 7 March 2014 to transfer the Company's existing Certified Emissions Reduction stock and portfolio of Emission Reduction Purchase Agreements ("ERPAs") for no material consideration. The long stop date for transferring the ERPAs in the portfolio is 12 months from the signing of the SPA. The Company expects that any ERPAs that fall outside of the SPA or which are not transferred before the long stop date will be terminated or otherwise disposed of.
Enquiries:
IOMA Fund and Investment Management Limited (Philip Scales)
| +44 (0)1624 681 250 |
Liberum Capital Limited (Steve Pearce / Tom Fyson / Josh Hughes) | +44 (0)20 3100 2222
|
Related Shares:
Trading Emissions PLC