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Velocys PLC (VLSV.L)

VLSV.L on London Stock Exchange

61.75GBp
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Latest Key Developments (Source: Significant Developments)

Velocys plc announces appointment of David Pummell as CEO
Wednesday, 6 Jan 2016 02:00am EST 

Velocys plc:Announce the appointment of David Pummell as Chief Executive Officer with immediate effect.  Full Article

Velocys plc says Settlement of US IP infringement case
Wednesday, 23 Sep 2015 02:01am EDT 

Velocys plc:It has come to a settlement with Johnson Matthey PLC in the intellectual property infringement case Velocys filed in the US against Catacel Corp ("Catacel"). Catacel was purchased by Johnson Matthey in September 2014.Under the terms of the settlement, Johnson Matthey will pay Velocys an undisclosed amount in recognition of its intellectual property, while acknowledging the validity of Velocys' patent rights and committing to respecting them.Both parties note the successful UK litigation against CompactGTL by Velocys and the finding of infringement of its patent claims relating to CompactGTL's UK pilot plant activities.  Full Article

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