Final Results Deferral

RNS Number : 3712L

Mustang Energy PLC

29 April 2020

 

Tuesday 29 April, 2020

Mustang Energy PLC

29 April 2020

Mustang Energy PLC

("MUST" or "the Company")

(LSE: MUST)

Full Year Results deferral in response to FCA and FRC Guidelines

MUST announces that it is utilising the temporary relief measures implemented by the Financial Conduct Authority ("FCA") and the Financial Reporting Council ("FRC") regarding the publication of annual financial results during the COVID-19 pandemic (the "FCA exemption"); thereby deferring the publication of its audited financial results for the year ending 31 December 2019 ("2019 Accounts"). The maximum delay permitted by the FCA exemption is two months; hence, following the deferral, the Company's reporting timetable for the 2019 Accounts means they must be published by no later than 30 June 2020.

Notwithstanding this permitted timeframe, MUST intends on publishing the 2019 Accounts within the next 7 days.

The announcement from the FCA and FRC may be viewed here:

https://www.fca.org.uk/news/statements/delaying-annual-company-accounts-coronavirus  

ABOUT THE COMPANY

MUST aims to use strong management experience and relationships to acquire interests in low cost, low risk development projects that possess significant undeveloped upside with access to existing infrastructure.

ENQUIRIES

For further information, please visit  www.mustangplc.com , follow us on Twitter @Mustang_Plc , or contact: 

Mustang Energy PLC

Dean Gallegos, Managing Director

[e-mail]

[phone]

Optiva Securities (Broker)

Jeremy King

[e-mail]

[phone]

 

END

 

 

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