IPSA GROUP PLC - Change of Registered Address and Update on Financial Results

Change of Registered Address and Update on Financial Results

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")


Change of Registered Address and Update on Financial
Results

IPSA, the developer, owner and operator of power
generation capacity in Southern Africa, announces that
the Company has changed its registered office and
business address to: 30 Crown Place, Earl Street, London
EC2A 4ES.

The Company is still not in a position to announce the
year end results and, consequently the interim results
due for release by the end of December will also not be
released by then and the shares remain suspended until
each are published.

As stated on 27 November 2015, the Company’s working
capital remains extremely tight and the Company is
reliant on the forbearance of creditors and the
possibility still exists that the Company may have to be
placed into administration.

For further information contact:


Mark Otto, Acting CEO              +278 4219 2000
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
21 December 2015

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