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Client Announcements

Flowgroup plc : Contract with Shell now unconditional

  •   24 December 2015

RNS Number : 0973K

Flowgroup plc

24 December 2015



Flowgroup plc

("Flowgroup" or the "Company")


Contract with Shell for the provision of wholesale energy (gas and electricity) unconditional


Flowgroup plc (AIM: FLOW), which provides a range of innovative energy technologies, energy supply and energy services, announced on 9th December 2015 that its subsidiary Flow Energy Limited (FEL) had signed an exclusive conditional agreement with Shell Energy Europe Limited ("Shell") for the provision of energy which will potentially enable significant growth in the Company's energy supply business and increase the customer base for its mCHP Flow boiler.


The agreement was conditional on the satisfaction, or waiver, of certain conditions which include the filing of security documents and the activation of bank accounts.  These conditions have now been met in full and the contract is now unconditional.


Flowgroup plc

Tony Stiff, Group Chief Executive Officer

Tel: +44 (0)20 3137 4525

Nigel Canham, Chief Financial Officer




Cenkos Securities plc (NOMAD and Broker)

Tel: +44 (0)20 7397 8900

Stephen Keys / Christopher Golden (Corporate Finance)


Julian Morse (Sales)




Walbrook PR Ltd (Media Relations)

Tel: +44 (0)20 7933 8780 or

Paul McManus

Mob: +44 (0)7980 541 893

Nick Rome

Mob: +44 (0)7748 325 236



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