InfraStrata plc (AIM: INFA), the UK quoted company focused on strategic infrastructure projects and physical asset lifecycle management, confirms that the Notice of its General Meeting and proxy voting information have been sent to shareholders today along with the Annual Report and Accounts for the year ended 31 July 2020.

Copies will shortly be available on the Company's website: www.infrastrataplc.com.

FY Company Highlights

First ever operating revenues of GBP1.48 million made by the Company

Successful re-activation of Harland & Wolff (Belfast); both docks fully operational

Over 30 vessels welcomed and redelivered to clients as at the date of this report

Successfully raised GBP9 million during the financial year

Agreement reached with the Department of Agriculture, Environment and Rural Affairs (DAERA) in relation to the determination of the Marine Licence by 31 March 2021

Post-Period End Company Highlights

Acquisition of Harland & Wolff (Appledore) for GBP7 million

Successfully raised GBP7.40 million in December 2020 / January 2021

Significant uptick in revenue generation since September 2020; current monthly revenue generation equivalent to FY 2020 revenues

Cash break-even position achieved and maintained within the cruise and ferry business

Progress being made on large contract fabrication for renewables and defence; pre-qualification achieved and contract negotiations being undertaken

John Wood, CEO of InfraStrata, said: '2020 was a challenging year for the Group. When we acquired Harland & Wolff (Belfast) in December 2019, we did not expect a global pandemic to hit us and disrupt our lives so dramatically. Despite that, we have remained focussed and committed to growing our business. Our yards have been open throughout this period and we have had the privilege of welcoming over 30 vessels as at the date of this report and successfully re-delivering them back to our clients.

The new financial year brings with it a number of challenges but, equally, untapped opportunities. We have spent the last 12 months laying the foundations for a robust business, with a particular focus on cruise and ferry, renewables and defence. We believe that these markets will be the growth drivers for the business over the next few years.

Having successfully completed all public consultations for the Islandmagee gas storage facility, we expect to be granted the Marine Licence by 31 March 2021, that will enable us to take Final Investment Decision (FID) by the H1 2021 and commence construction of the project. We believe that this project is critical not only for the security of natural gas supply for the island of Ireland and mainland UK, but also for the commercialisation of large-scale hydrogen production and consumption in the future.

We have successfully managed to navigate our business through the adverse economic and social impacts of COVID-19. With the introduction and distribution of the vaccine, we hope to see a return to normalcy that will facilitate a much higher growth rate for the overall business that we are well prepared for.

I wish to place my thanks to all our shareholders who have supported us during this tumultuous period and welcome new shareholders into the InfraStrata family. More importantly, I wish to thank our colleagues in Belfast, Appledore and London who have tirelessly worked through this difficult period to keep the yards open and fully functioning. This would simply have not been possible without their commitment to the business and to our clients.'

General Meeting Notice

The Company is also pleased to announce that its General Meeting will be held on Friday 19 February 2021 at 11:00 p.m. at the offices of InfraStrata plc, 8th Floor, Northern & Shell Building, 10 Lower Thames Street, London EC4R 6AF.

The Company's Annual Report and Accounts for 2020 together with the formal notice of the Accounts Meeting will be posted today to those shareholders who have elected to receive paper copies and those documents will be available on the Company's website later today.

Contact:

John Wood

Tel: +44 (0)20 3900 2122

Email: investor@infrastrataplc.com

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