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IPSA GROUP PLC - Update Regarding Installation of Gas Engines

Release Date: 16/09/2015 16:00
Code(s): IPS     PDF:  
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Update Regarding Installation of Gas Engines

IPSA GROUP PLC
(Incorporated and registered in England and Wales)
(Registration Number 5496202)
AIM Share Code IPSA   ISIN GB00BOCJ3F01
JSE Share Code IPS    ISIN GB00BOCJ3F01
("IPSA" or "the Company")


Update Regarding Installation of Gas Engines

The directors of IPSA, the owner, operator and developer
of power generation capacity in South Africa, announce
that completion of the installation of the two Jenbacher
gas engines announced on 5th June 2015 is delayed for
some weeks due to delivery dates on certain long lead
items. The directors currently anticipate that the
engines will be ready to enter into commercial operations
by the year end. A further announcement will be made in
due course.

For further information contact:

Mark Otto, Acting CEO              +44 (0)20 7793 5615
IPSA Group PLC

James Joyce / James Bavister       +44 (0)20 7220 1666
W H Ireland Ltd

Riaan van Heerden,                 +27 (0)21 887 9602
PSG Capital (Pty) Ltd

London
16 September 2015

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