THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) NO. 596/2014. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
22 September 2020
ADM Energy PLC
("ADM" or the "Company")
Notice of Results and Investor Call
ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resources investing company, gives notice that it expects to announce its interim results for the six months ended 30 June 2020 on Tuesday, 29 September 2020.
The Company will host an investor meeting, via conference call, on 1 October 2020 at 15:00 BST. On the call, the Company's CEO, Osamede Okhomina, and Chairman, Peter Francis, will discuss the interim results and provide an operational overview of the business as well as the drivers for the industry and ADM. This will be followed by a question and answer session. There will be no new material or trading information provided on the day.
Interested parties can register to attend using the following link:
https://docs.google.com/forms/d/1umfzyTUp8XP8icZvuoHwLSKvs4yPz9I6Nv29gAbb2r8
The call is open to all existing and potential shareholders. Participants are requested to submit questions in advance by 15:00 BST on 30 September 2020.
Shortly following the conference call, a recording of the meeting will be made available on the Company's website: www.admenergyplc.com .
Enquiries:
ADM Energy plc |
+44 20 7459 4718 |
Osamede Okhomina, CEO |
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www.admenergyplc.com |
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Cairn Financial Advisers LLP |
+44 20 7213 0880 |
(Nominated Adviser) |
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Jo Turner, James Caithie |
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Hybridan LLP |
+44 20 3764 2341 |
(Lead Broker) |
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Claire Louise Noyce |
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Pello Capital Limited |
+44 20 3700 2500 |
(Joint Broker) |
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Dan Gee |
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Oddo Seydler Bank AG |
+49 69 920540 |
(Designated Sponsor) |
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Michael B. Thiriot |
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Luther Pendragon |
+44 20 7618 9100 |
(Financial PR) |
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Harry Chathli, Alexis Gore, Joe Quinlan |
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About ADM Energy PLC
ADM Energy PLC (AIM: ADME; BER and FSE: P4JC) is a natural resources investing company with an existing asset base in Nigeria. ADM Energy holds a 5% profit interest in the Aje Field, part of OML 113, which covers an area of 835km²offshore Nigeria, and in February 2020 entered into an agreement with EER (Colobos) Nigeria Limited to acquire a further 4.2% profit interest. Aje has multiple oil, gas, and gas condensate reservoirs in the Turonian, Cenomanian, and Albian sandstones with five wells drilled to date.
ADM Energy is seeking to build on its existing asset base in Nigeria and target other investment opportunities across the West African region in the oil and gas sector with attractive risk reward profiles such as proven nature of reserves, level of historic investment, established infrastructure, route to early cash flow and exploration upside.