Enwell Energy PLC Statement in relation to Media Coverage
October 11 2024 - 5:50AM
RNS Regulatory News
RNS Number : 9000H
Enwell Energy PLC
11 October 2024
11 October
2024
Enwell Energy plc
("Enwell" or the
"Company")
Statement in relation to
Media Coverage of Restrictive Measures
Regarding Major Shareholder
and Director
Enwell Energy plc (AIM: ENW), the
AIM-quoted oil and gas exploration and production group, notes
recent media coverage regarding certain regulatory actions within
Ukraine in respect of a major indirect shareholder and a
Non-Executive Director of the Company.
The Company notes that a Decree of
the President of Ukraine numbered 698/2024 and dated 8 October 2024
(the "Decree"), made pursuant to a resolution of the National
Security and Defence Council of Ukraine dated 8 October 2024,
entitled "On application of personal special economic and other
restrictive measures (sanctions)", was implemented, pursuant to
which personal special economic and other restrictive measures
(sanctions) were applied to, inter alia, Proteas Trustee Services
Limited and Proteas Trustees Limited (as well their respective
shareholders Andreas Sophocleous and Konstantina Alkiviadous),
Elena Iona and Afrodite Loukiadou, who are trustees of Cypriot
Trusts that hold a major indirect shareholding interest in the
Company, as well as Alexey Pertin, who is a Non-Executive Director
of the Company.
The Company is investigating this
situation, and consulting with its legal and other advisers as to
whether and how the Decree could affect the Company.
The Company continues its normal
commercial operations but will closely monitor the situation and
make further announcements in due course as appropriate.
For
further information, please contact:
|
Enwell Energy plc
|
Tel: 020 3427 3550
|
|
Chuck Valceschini,
Chairman
|
|
|
Oleksiy Zayets, Interim
CEO
|
|
|
Bruce Burrows, Finance
Director
|
|
|
|
|
|
Strand Hanson Limited
|
Tel: 020 7409 3494
|
|
Rory Murphy / Matthew
Chandler
|
|
|
|
|
|
Zeus Capital Limited
|
Tel: 020 7614 5900
|
|
Alexandra Campbell-Harris (Corporate
Finance)
|
|
|
Simon Johnson (Corporate
Broking)
|
|
|
|
|
|
Citigate Dewe Rogerson
|
Tel: 020 7638 9571
|
|
Ellen Wilton / Alex Winch
|
|
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END
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