26 Mar 2018 17:11
26 March 2018
Ophir Energy PLC
Annual Financial Report
As required by DTR 6.3.5(3), Ophir Energy plc ("Ophir" or the "Company") announces that its Annual Report, Notice of Annual General Meeting ("AGM") and Form of Proxy for the 2018 AGM have been published and (excepting the Form of Proxy) are now available on the Ophir website: www.ophir-energy.com. This follows the release on 7 March 2018 of the Full Year Results Announcement for the year ended 31 December 2017.
In compliance with 9.6.1 of the Listing Rules, the Company has today submitted copies of the following documents to the National Storage Mechanism and these will shortly be available for inspection at www.morningstar.co.uk/uk/NSM
· Annual Report and Accounts for the year ended 31 December 2017
· Notice of 2018 AGM
· Form of Proxy for the 2018 AGM
The Ophir Annual Report will be delivered to the Registrar of Companies in due course. Copies of the Annual Report and Notice of AGM may also be obtained from the:
General Counsel & Company Secretary
Ophir Energy plc
Level 4
123 Victoria Street
London SW1E 6DE
Tel: +44 (0) 20 7811 2400
The AGM will take place on 16 May 2018. The total of the votes cast by shareholders for or against or withheld on each resolution to be put to the meeting will be released to the market and published on www.ophir-energy.com as soon as practicable after the conclusion of the AGM.
The Disclosure and Transparency Rules ("DTR") require an announcement of the publication of certain information in full unedited text in compliance with DTR 6.3.5(2). As such the following disclosures are made below, referencing page numbers and notes to those in the accounts in the Company's Annual Report.
Audit Report and Accounts
The Full Year results announcement on 7 March 2018 included a set of condensed, financial statements and management commentary. The audited financial statements are contained in the Ophir Annual Report and Accounts. The independent Audit report of the Group and Company is contained on pages 89 to 96.
For Further Information please contact:
Ophir Energy plc +44 (0)20 7811 2400
Philip Laing, General Counsel & Company Secretary
Appendices
Appendix A
The Company's principal risks can be found on pages from pages 28 to 31 of the Annual Report and Accounts.
Appendix B
The following responsibility statement is extracted from the Statement of Directors' responsibility on page 88 of the Annual Report and Accounts and is repeated here solely for the purpose of complying with DTR 6.3.5. This statement relates to the full Annual Report and Accounts and not the extracted information presented in the Full Year Results announcement.
Responsibility Statement of the Directors in respect of the Annual Report and Accounts
I confirm on behalf of the Board that to the best of their knowledge:
• the financial statements, prepared in accordance with International Financial Reporting Standards as adopted by the European Union, give a true and fair view of the assets, liabilities, financial position and profit and loss of the Company and the undertakings included in the consolidation taken as a whole; and
• the Strategic Report and Directors' Report include a fair review of the development and performance of the business and the position of the Company and the undertakings included in the consolidation taken as a whole, together with a description of the principal risks and uncertainties that they face.
Directors' statement under the UK Corporate Governance Code
The Board considers that the Annual Report and Accounts taken as a whole, is fair, balanced and understandable and that it provides the information necessary for shareholders to assess the Company's performance, business model and strategy.
Approved by the Board on 6 March 2018.
About Ophir:
Ophir Energy is an independent upstream oil and gas exploration and production company focused on Africa and Asia. It is listed on the London Stock Exchange (LEI: 213800LAZOZTKPAV2583).