Ncondezi Energy Limited Result of EGM (3665R)

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RNS Number : 3665R

Ncondezi Energy Limited

28 February 2023

www.ncondezienergy.com

News Release

Result of EGM

28 February 2023: Ncondezi Energy Limited ("Ncondezi" or the "Company") (AIM: NCCL) announces that, at the Extraordinary General Meeting ("EGM") of the Company held today, the special resolution to approve the change of name to Solgenics Limited were duly passed on a poll.

Application will be made to the British Virgin Islands Financial Services Commission ("BVIFSC") to register the change of name. Such change will take effect upon receipt of the confirmation from the BVIFSC. A further update will be made at that time.

E nqu iries

For further information please visit www.ncondezienergy.com or contact:

 
 Ncondezi Energy:              Hanno Pengilly                     +27 (0) 71 362 3566 
 
   Liberum Capital Limited:    Scott Mathieson, Edward Thomas, 
   NOMAD & Joint Broker         Kane Collings                     +44 (0) 20 3100 2000 
 Novum Securities 
  Limited 
  Joint Broker                 Colin Rowbury                      +44 (0) 20 7399 9427 
 
   Pimlico Advisory 
   Ltd                                                            +44 (0) 777 56 55 
   Investor Relations          Elizabeth Johnson                   927

About Ncondezi Energy

Ncondezi is an African renewable energy development company focused on the development of a 300MW solar PV plus BESS renewable energy in the Tete Province in northern Mozambique (the "Tete Solar Project").

It is the intention that the Tete Solar Project will connect to the Mozambique grid with target power off takers

in Mozambique and the Southern African Power Pool ("SAPP").

The Tete Solar Project takes full advantage of Mozambique's leading sustainable energy resources and is fully

aligned with Government's objective to become a champion for energy transition impacting all Southern Africa.

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February 28, 2023 07:30 ET (12:30 GMT)

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