Acta S.p.A. ACTA AIM Rule 17 Disclosure

  Acta S.p.A. (ACTA) - AIM Rule 17 Disclosure

RNS Number : 9416Q
Acta S.p.A.
13 November 2012







                                      

                                 Acta S.p.A.

                          ("Acta" or the "Company")

                            AIM Rule 17 Disclosure



Pursuant to the requirements of AIM Rule 17, Mr Rodney Westhead, Non Executive
Director of the Company, has notified Acta that AEA Technology plc, a company
of which he is a director, has been placed into administration.



                                   - ENDS-



For further information please contact:



Acta S.p.A                                                    

Paul Barritt, Chief Financial Officer       Tel: +39 050 644281

                                              www.actagroup.it

                                                              
Altium Capital (Nominated Advisor)                            

Adrian Reed                               Tel: +44 845 505 4343

                                      
Seymour Pierce Limited (Broker)       Tel: +44 (0)20 7107 8000

Mark Percy / David Banks                                      

                                                              



Media enquiries:



Abchurch Communications Limited   Tel: +44 20 7398 7719

Ashleigh Lezard / Jamie Hooper   www.abchurch-group.com

jamie.hooper@abchurch-group.com





About Acta S.p.A.



Acta S.p.A.  is  a developer  and  manufacturer of  a  range of  clean  energy 
products.  Its  product   line  includes   market-leading  compact   hydrogen 
generators (electrolysers) which produce pure, dry and compressed hydrogen  in 
a way that is easy-to-use and completely safe, and the Company is committed to
integrating its award-winning electrolysers with renewable energy sources.



Acta's  cost-competitive   electrolysers  are   based  on   its   proprietary, 
inexpensive environmental  catalyst  and  hydrogen  conversion  technologies. 
These products help overcome the barriers to the adoption of fuel cells,  most 
notably the lack of a local hydrogen infrastructure. They are also applicable
in non-fuel cell hydrogen and oxygen applications, including oxy-hydrogen  gas 
welding systems,  where  the  Company  is  generating  significant  commercial 
interest.



Acta's  low-cost  hydrogen  generators  represent  a  unique  breakthrough  in 
electrolyser technology. They can operate  using mains power or  intermittent 
renewable energy, and produce clean, dry hydrogen already at pressure for  use 
in fuel  cell and  other applications.  This unique  combination of  features 
avoids the system complexity and energy  cost of further cleaning, drying  and 
compression of  the hydrogen,  resulting in  a simple,  compact, low-cost  and 
highly efficient  system that  is  ideally suited  for energy  conversion  and 
storage applications. In such applications, which include battery replacement
and renewable energy  storage, low cost  and high efficiency  are critical  to 
commercial viability, while hydrogen compression  is essential for the  energy 
density of the  system. No other  water electrolyser currently  on the  market 
offers this combination of benefits.



Acta is focusing on delivering its products to markets with high volume demand
for high-value environmental solutions  (transport, back-up power, energy  and 
leisure). It  is  accelerating  the commercialisation  of  its  products  via 
partnerships with original equipment  manufacturers (OEMs), distributors,  and 
agents in these sectors,  and intends to drive  down production costs at  high 
volume via contract manufacturing.



Acta S.p.A. is based near Pisa, Italy,  and was admitted to trading on AIM  in 
October 2005.



www.actagroup.it



                     This information is provided by RNS
           The company news service from the London Stock Exchange

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