12 Jan 2023 13:48
12 January 2023
Hurricane Energy plc
("Hurricane" or the "Company")
Withdrawal of Requisition of General Meeting
Hurricane Energy plc, the UK based oil and gas company, announces that it has received written confirmation from Crystal Amber Fund Limited ("Crystal Amber") that it has withdrawn its requisition notice to convene a general meeting to consider its proposals announced by the Company on 23 December 2022.
Philip Wolfe, Chairman of Hurricane Energy, commented:
"This is a welcome development. It enables the Company to continue to focus on progressing its previously announced Formal Sales Process, which has seen strong interest, and the excellent operational performance which has positioned the business so well."
-ends-
Contacts:
Hurricane Energy plc Antony Maris, Chief Executive Officer communications@Hurricaneenergy.com
| +44 (0)1483 862820 |
Stifel Nicolaus Europe Limited Financial Adviser, Nominated Adviser & Joint Corporate Broker Callum Stewart / Jason Grossman
| +44 (0)20 7710 7600 |
Investec Bank plc Joint Corporate Broker Chris Sim / Charles Craven / Jarrett Silver
| +44 (0)20 7597 5970 |
Vigo Consulting Public Relations Patrick d'Ancona / Ben Simons Hurricane@vigoconsulting.com | +44 (0)20 7390 0230 |
About Hurricane
Hurricane has a 100% interest in and operates the Lancaster field, the UK's first field to produce from a fractured basement reservoir.
Visit Hurricane's website at www.hurricaneenergy.com
Inside Information
This announcement is released by Hurricane Energy plc and contains inside information under Regulation (EU) 596/2014 on market abuse, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (the UK MAR). For the purpose of the UK MAR, this announcement is made by Antony Maris, Chief Executive Officer at Hurricane Energy plc.