5 Jun 2020 07:00
5 June 2020
PRESIDENT ENERGY PLC
("President" or the "Company")
Posting of Circular and Notice of General Meeting
President announces that the Circular as referenced in the announcement dated 3 June 2020, has been sent to shareholders together with a notice of a General Meeting ("GM") which is to be held on 22 June 2020 at 11:00 a.m at FieldFisher LLP, Riverbank House, 2 Swan Lane, London EC4R 3TT.
Copies of the Circular and notice of GM are available from the Company's website, www.presidentenergyplc.com and from the Company's registered office Carrwood Park, Selby Road, Leeds, LS15 4LG.
In light of the government's ongoing response, and public health advice, to the COVID-19 outbreak, the Company requests all Shareholders to submit their Form of Proxy and not attend the meeting in person.
For further information, please refer to the Company's website or contact:
President Energy PLC Peter Levine, Chairman Rob Shepherd, Group FD
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+44 (0) 207 016 7950
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finnCap (Nominated Advisor and Broker) Christopher Raggett, Charlie Beeson | +44 (0) 207 220 0500 |
Tavistock (Financial PR) Nick Elwes, Simon Hudson |
+44 (0) 207 920 3150 |
Notes to Editors
President Energy is an oil and gas company listed on the AIM market of the London Stock Exchange (PPC.L) primarily focused in Argentina, with a diverse portfolio of operated onshore producing and exploration assets.
The Company has operated interests in Puesto Flores, Estancia Vieja, Puesto Prado, Angostura and Las Bases, Rio Negro Province and in the Puesto Guardian Concession, in the Noroeste Basin in NW Argentina. Alongside this, President Energy has cash generative production assets in Louisiana, USA and further significant exploration and development opportunities through its acreage in Paraguay and Argentina.
The Group is also actively pursuing value accretive acquisitions of high-quality production and development assets in Argentina capable of delivering positive cash flows and shareholder returns. With a strong institutional base of support, including the IFC, part of the World Bank Group, an in-country management team as well as a Board whose interests are aligned to those of its shareholders, President Energy gives UK investors rare access to the Argentinian growth story combined with world class standards of corporate governance, environmental and social responsibility.
This announcement contains inside information for the purposes of article 7 of Regulation 596/2014