Market Update

RNS Number : 3495K
Molecular Energies PLC
21 December 2022
 

21 December 2022

 

Molecular Energies PLC

("MEN" or the "Company")

Market Update

 

Molecular Energies PLC (AIM: MEN), the international energy company, states that an update on both its hydrocarbons business, which continues to be operationally profitable, as well as an update on the Green House Capital alternative energies division, is scheduled to be provided on 9 January 2023 being after the Group's year end.  

 

Contact:

Molecular Energies PLC  +44 (0)20 7016 7950

Nikita Levine, Investor Relations  info@molecularenergiesplc.com

 

finnCap (Nominated Advisor and broker)  +44 (0)20 7220 0500

Christopher Raggett, George Dollemore

 

Tavistock (Financial PR & IR)   +44 (0)20 7920 3150

Simon Hudson, Nick Elwes, Charles Baister

 

Notes to Editors

Molecular Energies PLC is an AIM listed company at the forefront of energy development and has interests across the energy spectrum, from oil and gas projects to subdivisions in the green and alternative energy sub-sectors.

The Company has oil and gas production in two geographical markets: Argentina and the United States, as well as exploration assets in both Argentina and Paraguay. The Company also has two separate subdivisions which are focused on early-stage opportunities in the green and/or alternative energy sub-sector.

Activities in the green and alternative energy space are being carried out under the Green House Capital brand and through AIM listed ATOME Energy PLC operating in Paraguay and Iceland, producing green hydrogen and ammonia for use in fuels.

With a strong strategic and institutional base of support, an in-country management team as well as the Chairman whose interests as the largest shareholder are aligned to those of its shareholders, Molecular gives UK investors access to an energy growth story combined with world class standards of corporate governance, environmental and social responsibility.

 

[The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR"). The person who arranged for the release of this announcement on behalf of the Company was Peter Levine, Chairman.]

 

-ends-

 

.

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
 
 
UPDBKKBPDBDDABB
UK 100

Latest directors dealings