Posting of Annual Report and Notice of AGM

By

Regulatory News | 26 Jun, 2020

Updated : 07:04

RNS Number : 1490R
President Energy PLC
26 June 2020
 

 

26 June 2020

 

 

PRESIDENT ENERGY PLC

("President", "the Company" or "President Energy")

 

Posting of Annual Report and Notice of Annual General Meeting

President announces that the Company's 2019 Annual Report & Accounts was distributed to shareholders on 25 June 2020, together with a notice of an Annual General Meeting ("AGM") to be held on 22 July 2020 at 11:00 a.m at the offices of Fieldfisher LLP, Riverbank House, 2 Swan Lane, London EC4R 3TT.

Copies of the accounts and notice of AGM 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.

Immediately after the formal business of the meeting, the Company will host a separate interactive presentation through the digital platform Investor Meet Company. The Company is committed to ensuring that there are appropriate communication structures for all elements of its shareholder base so that its strategy, business model and performance are clearly understood. Further details of the presentation on the Investor Meet Company platform will be provided closer to the date. Investors can sign up to Investor Meet Company for free and add to meet President Energy PLC via:

https://investormeetcompany.com/president-energy-plc/register-investor

For further information, please refer to the Company's website www.presidentenergyplc.com or contact:

 

 

President Energy PLC

Peter Levine, Chairman

Rob Shepherd, Group FD

 

+44 (0) 207 016 7950

 

 

finnCap (Nominated Advisor)

Christopher Raggett, Charlie Beeson

 

+44 (0) 207 220 0500

 

Shore Capital (Corporate Broker)

Jerry Keen, Antonio Bossi

 

 

+44 (0) 207 408 4090

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 the Puesto Flores, Estancia Vieja, Puesto Prado and Las Bases Concessions, and Angostura exploration contract, all of which are situated in the Rio Negro Province in the Neuquén Basin of Argentina 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 as well as the international commodity trader and logistics company Trafigura, an in-country management team as well as a Board whose interests are aligned to those of its shareholders, President Energy gives UK investors access to the Argentina energy 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


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