IPSA Group PLC Notification re Sterling Trust Limited (7527C)

TIDMIPSA

RNS Number : 7527C

IPSA Group PLC

20 October 2015

20 October2015

IPSA Group PLC

("IPSA" or the "Company")

Notification re Sterling Trust Limited

IPSA, the AIM and Altx dual listed independent power plant developer with operations in Southern Africa, announces that Sterling Trust Limited, which holds 31,794,105 million shares in the capital of the Company being 29.57 per cent of the issued share capital was placed in administration yesterday. Christopher Benjamin Barrett and John Allan Carpenter of Dow Schofield Watts Business Recovery LLP have been appointed administrators of Sterling Trust Limited.

For further information please contact:

 
 Mark Otto, Acting CEO 
  IPSA Group PLC                 +44 (0) 7793 5615 
 
   James Joyce / Liam Gribben      +44 (0)20 7220 
   W H Ireland Ltd                 1666 
 
   Riaan van Heerden, 
   PSG Capital (Pty) Ltd           +27 (0)21 887 9602

This information is provided by RNS

The company news service from the London Stock Exchange

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October 20, 2015 02:00 ET (06:00 GMT)

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