26th Jan 2015 07:00
26 January 2015
APR Energy plc
Libya Update
APR Energy plc (LSE: APR), a global leader in fast-track power solutions, (the "Group") today announces that the ratification of its contract by the Libyan parliament has still not been secured and that the Board has therefore approved reassignment of those assets to new opportunities, effective immediately.
Ends
Conference call details:
A conference call for investors and analysts will take place today at 1pm UK time / 8am EST. To join the call please dial 0808 237 0030 (UK only), +1 866 928 7517 (US) or +44 20 3139 4830, participant code 64399580#.
For audio playback please dial 0808 237 0026 (UK only) or +44 20 3426 2807, playback reference 653962#.
Enquiries:
APR Energy plc
Lee Munro + 1 904 404 4576
Capital MSL
Richard Campbell +44 (0) 20 3219 8800 / +44 (0) 7775 784 933
Michael Kinirons +44 (0) 20 3219 8816 / +44 (0) 7827 925 090
About APR Energy
APR Energy is the world's leading fast-track mobile turbine power business. We provide large-scale, fast-track power, providing customers with rapid access to reliable electricity when and where they need it. APR combines state-of-the-art, fuel-efficient technology with industry-leading expertise to provide turnkey power plants that are rapidly deployed, customisable and scalable. Serving both utility and industrial segments, APR Energy provides power generation solutions to customers and communities around the world, with an emphasis on Africa, the Americas, Asia-Pacific and the Middle East. For more information, visit the Company's website at www.aprenergy.com.
Certain statements included in this announcement constitute, or may constitute, forward-looking statements. Any statement in this announcement that is not a statement of historical fact (including, without limitation, statements regarding the Company's future expectations, operations, financial performance, financial condition and business) is or may be a forward-looking statement. Such forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those projected or implied in any forward-looking statement. These risks and uncertainties include, among other factors, changing economic, financial, business or other market conditions. Although any such forward-looking statements reflect knowledge and information available at the date of this announcement, reliance should not be placed on them. Without limitation to the foregoing, nothing in this announcement should be construed as a profit forecast.
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