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Company Update

10 Feb 2023 15:35

RNS Number : 6280P
Petroneft Resources PLC
10 February 2023
 

PetroNeft Resources plc

 

10 February 2023

 

PetroNeft Resources plc. ('PetroNeft' or 'the Company')

 

Company Update

Further to the announcement by the Company on 25th November 2022 of the start of a strategic asset review, PetroNeft now announces that the Company has received an expression of interest from Pavel Tetyakov (CEO of PetroNeft), that may or may not lead to an offer being made to acquire the Company's Russian assets.

The Company has now constituted an independent committee , to review any offers and to consider all other viable options. It will seek an independent assessment of the fairness of any offer as part of its due process. The members of the committee will include, Mr. Sacca, Mr. Jersing, Mr. Sturt and Miss Shaftelskaya. Any sale of the Russian assets would be conditional on shareholder and other applicable regulatory approvals. There can be no certainty that a sale will take place. 

The Company will make further announcements in due course.

This announcement contains inside information within the meaning of the EU Market Abuse Regulation 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

David Sturt, Executive Chairman, PetroNeft Resources plc

+353 1 647 0280

Brian Garrahy/Ciara O'Mongain, Davy (NOMAD and Corporate Broker) 

+353 1 679 6363

Paul O'Kane, Murray Consultants

+353 1 498 0300

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
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Date   Source Headline
28th Jun 20118:35 amRNSResult of AGM
22nd Jun 20117:00 amRNSOperations Update
9th Jun 20119:03 amRNSDirector/PDMR Shareholding
7th Jun 20117:00 amRNSOperations Update
11th May 20117:00 amRNSPreliminary Results
3rd May 20114:23 pmRNSHolding(s) in Company
26th Apr 20119:00 amRNSChange of Registered Office
4th Apr 20117:00 amRNSOperations Update
11th Mar 20113:57 pmRNSAdmission of shares to trading
10th Mar 20117:01 amRNSReserves, Operations and Financing Update
9th Mar 20115:04 pmRNSEnterprise Securities Market Notice
24th Jan 20112:16 pmRNSHolding(s) in Company
5th Jan 20117:00 amRNSOperations Update
23rd Dec 20104:22 pmRNSIssue of Shares and Options
25th Nov 20107:00 amRNSHolding(s) in Company
19th Nov 20107:00 amRNSHolding(s) in Company
15th Nov 201012:46 pmRNSResult of EGM
9th Nov 20103:13 pmRNSExercise of Options
9th Nov 20107:00 amRNSNew Oil Field discovery at Arbuzovskaya
1st Nov 201012:29 pmRNSBlock Admission and Issue of Equity
26th Oct 201011:44 amRNSDocument Availability
26th Oct 201011:44 amRNSDocument Availability
22nd Oct 20104:06 pmRNSHolding(s) in Company
22nd Oct 20104:06 pmRNSHolding(s) in Company
22nd Oct 201011:24 amRNSHolding(s) in Company
22nd Oct 201011:24 amRNSHolding(s) in Company
22nd Oct 20107:00 amRNSEnterprise Securities Market Notice
19th Oct 20108:45 amRNSDirector's Dealing
19th Oct 20107:00 amRNSUS$43 million Placing
30th Sep 201010:14 amRNSHolding(s) in Company
20th Sep 20107:00 amRNSOperations Update
10th Sep 201010:23 amRNSReplacement: Board Appointment
9th Sep 20107:07 amRNSBoard Appointment
9th Sep 20107:00 amRNSInterim Results
24th Aug 20107:00 amRNSProduction Commences in Licence 61
6th Aug 20107:00 amRNSEnterprise Securities Market Notice
30th Jul 20104:55 pmRNSIssue of Equity
29th Jul 20107:00 amRNSOperations Update
24th Jun 20103:09 pmRNSDirector's Dealing
23rd Jun 20105:21 pmRNSResult of AGM
23rd Jun 20107:00 amRNSOperations Update
10th Jun 201010:08 amRNSJoint Broker - Name Change
8th Jun 20107:00 amRNSOperations Update
2nd Jun 20103:45 pmRNSNotice of AGM & Posting of Annual Report
28th May 20107:33 amRNSLoan Facility
20th May 20107:00 amRNSFinal Results
6th May 201012:22 pmRNSHolding(s) in Company
15th Apr 20107:00 amRNSOperations Update
31st Mar 20107:00 amRNSUS$5m Initial Bank Facility
23rd Mar 20107:00 amRNSOperational update
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