24th Jul 2012 07:00
24 July 2012
Zenergy Power Plc
("Zenergy" or the "Company")
Transaction Update
Further to the announcements made by the Company on 21 June and 16 July 2012, the Zenergy Board is pleased to announce the completion of both the sale of certain assets and the disposal of Zenergy's Australian subsidiary, Zenergy Power Pty. Ltd, to Applied Superconductor Limited ("ASL"). In addition ASL has confirmed that Zenergy Power plc is released from any on-going FCL warranty obligations.
For further information please contact:
Simon Cleaver | Zenergy Power plc | +44 1344 667 347 |
Adam Pollock/Katherine Roe | Panmure Gordon | +44 207 459 3600 |
David Bick/Mark Longson | Square1 Consulting | +44 207 929 5599 |
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