Member Info for oldholder

They try very hard to get a solution but imo the social situation there is very very corrupt!

https://forbes.ua/leadership/za-chas-prostoyu-gazovidobuvnikh-pidpriemstv-smart-energy-derzhbyudzhet-vtrativ-12-mlrd-grn-a-zagalna-suma-vtrat-strimko-nablizhaetsya-do-3-mlrd-grn-ivan-gerasimovich-ceo-smart-holding-04062026-39281

Enwell had

At 31 March 2026, the Company's cash resources were approximately US$93.3 million, comprised of US$78.8 million equivalent in Ukrainian Hryvnia and the balance of US$14.5 million equivalent in a combination of US Dollars, Pounds Sterling and Euros.

Because the company is in idle situation for many months I believe that it would give a dividend let’s say 5,000,000$ from cash bank in abroad-not cash from Ukraine- in order to compensate the shareholders for their investment and patience all these years.

Https://forbes.ua/money/bez-stabilnikh-pravil-gri-investitsii-budut-duzhe-obmezheni-chak-valeskini-enwell-energy-pro-te-chomu-inozemniy-kapital-oberezhniy-z-ukrainoyu-06112025-33668

They put force (Forbes) in order to operate again without any delay knowing that the decision from the arbitration needs sufficient time .

Https://www.ukr.net/news/details/economics/114269555.html

Very interesting article about how big the corruption is in Ukraine

Ok, I understand that the BOD uses any kind of help in order to change the current situation in field because as seen the economic market is “dirty “.

Latest developments:

https://icsid.worldbank.org/cases/case-database/case-detail?CaseNo=ARB/25/41

Https://delo.ua/energetics/kompaniya-z-orbiti-novinskogo-podala-v-miznarodnii-arbitraz-na-ukrayinu-skilki-vona-xoce-otrimati-u-vipadku-peremogi-452865/

According to various estimates, the amount of the claims may range from $34 to $450 million but Enwell Energy's independent chairman of the board of directors, Chuck Valeskini, told Delo.ua that the company's top priority is to restore its hydrocarbon production licenses, and compensation for losses is not an end in itself.

Enwell is claiming monetary damages for the loss and damage it has suffered as a result of Ukraine's actions, as well as the reinstatement of its licences for the remainder of their respective durations, and its costs.

That means for the time of 8 months without production until now approx 50,000,000$ losses ie. 0.11£/share.

So the current price of the share should be around 30,5 today (The share closed at August 26 , 19.5)

I think yesterday’s rns is a game changer for Enwell after so many years obstacles by Ukraine and a decision-after long time-will be only positive for shareholders .

Now is very difficult for corrupted employees to hide and Ukraine will pay a big amount for all these years of creating problems to Enwell and shareholders too.

Amen!

I am very optimistic and will see very soon the re production in ALL fields.

The subject is why Enwell has not informed us yet about this letter .

https://nadra.info/2025/08/enwell-energy-asks-the-sbu-to-adjust-sanctions-against-beneficiaries-and-unblock-gas-production/

Https://hromadske.ua/amp/ekonomika/244861-minekonomiky-khoche-vidnovyty-robotu-hazovydobuvnykh-kompaniy-pidsanktsiynoho-novynskoho

It’s coming!

I think something is coming or cooking very fast

I see very soon the price will approach the November levels and go higher

I don’t know what exactly is happening for the current period

Maybe a take over or an other dividend .

It might be a positive resolution on the suspension of the licenses and the sanctions of the last proprietors .

Maybe more natural gas production due to fracking.

Who knows?

Your opinion?

I think we see the last episode of the Enwell’s series.

The today’s decision was forced by some oligarchs who want to take the assets of the company.

The problem is that the last beneficiaries are Cypriots and no Novisky.

That means that will have an intervention by EC because EC is very interested with corruption subjects.

The LSE should pause the share transactions asap.

We have to see now the reaction by the owners!

There is potential the geological commission to take back again all the licences due to status of who has the majority of shares after the transaction to Cyprus hold company a year ago.

This sitauatin is under discussion in the court of Kiev current days

24 May 2023

Enwell Energy plc

("Enwell" or the "Company")

Interim Dividend

Enwell Energy plc (AIM: ENW), the AIM-quoted oil and gas exploration and production group, is pleased to announce that a gross interim dividend of £0.15 per ordinary share will be paid to shareholders on the register as at the close of business on 2 June 2023.

The timetable for the payment of the interim dividend is as follows:

Ex-Dividend Date:

1 June 2023

Record Date:

2 June 2023

Payment Date:

15 June 2023

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014, which forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.

For further information, please contact:

Enwell Energy plc

Tel: 020 3427 3550

Chris Hopkinson, Chairman

Sergii Glazunov, Chief Executive Officer

Bruce Burrows, Finance Director

Strand Hanson Limited

Tel: 020 7409 3494

Rory Murphy / Matthew Chandler

Zeus Capital Limited

Tel: 020 7614 5900

Alexandra Campbell-Harris (Corporate Finance)

Simon Johnson (Corporate Broking)

Citigate Dewe Rogerson

Tel: 020 7638 9571

Ellen Wilton

For first time October passed with no update!

Probably the current increased price have something relation with this.

We should be ready for

A big hike of production

A dividend

An edition of new shares in order to participate a big holder in the capital share

Or a merge

Since 2011 offer by Energy with 38 p the price is 29+15(last dividend)=44p for someone who received it.

https://intellinews.com/ukraine-seizes-assets-of-billionaire-novynskyi-s-smart-holding-275913/
What can we react as a long holders in order to defend our investement ?
Send to the house of common a notification to inform them about the Enweel's risk?
Send to european parliament a notification to inform them about the Enweel's risk?
Send to the AIM or Ministry of foreign Affaiars a notification to inform them about the Enweel's risk?
We must react now!

This is from the RNS dated on 4th January 2023:as announced on 9 December 2022, the Company is investigating whether the Company's hydrocarbon extraction licences may be affected by these provisions in the new law.
Today’s announcement by Smart report that the transaction happened last November.
So the BOD of Enwell knew nothing about this.
This is absolutely rediculus for a company in LSE imo!

As I wrote on 5 jan 2013:
"Critical point is the intention to giving a dividend asap.
If yes that means Novisky has lost
If no that means Novisky has transferred his shares to someone"
Yesterday's announcement by Smart Holding :
"As part of the restructuring, the founder of Smart Holding, Vadym Novinsky, decided to transfer assets to a trust"
More info on : https://www.smart-holding.com/uk/press-centre/news/2707/
So put your thoughts.

In the last quarter the holding cash was 78,6$ million with 20,9 hrivnya mil or 25%.
Today, the cash is88,7$mil with only 6,9 hrivnya mil or 7%.
I think something is prepared by the BoD in favour of shareholders?
Time will show.