Update

RNS Number : 5205C

Petrel Resources PLC

10 February 2020

 

10^th February, 2020

Petrel Resources plc

("Petrel" or "the Company")

Update

On the 14 January, 2020, the Company announced that it had become aware that  between 17 December and 23 December 2019 the "Tamraz group" transferred 37,336,538 ordinary shares of Euro 0.0125, in the capital of Petrel Resources plc, into the custody of Deutsche Bank Switzerland (Deutsche Bank Shares) held in Chase Nominees Limited.

The Company has now received the attached letter from the Tamraz group providing further explanation to the above.

http://www.rns-pdf.londonstockexchange.com/rns/5205C_1-2020-2-10.pdf

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014. The person who arranged for the release of this announcement on behalf of the Company was Jim Finn, Secretary.

A copy of this announcement is available on the Company's website, at http://www.petrelresources.com   or contact:

END

Enquiries:

Petrel Resources
John Teeling, Chairman	[phone]
David Horgan, Director
Nominated Adviser and Broker
Beaumont Cornish - Nominated Adviser  Felicity Geidt Roland Cornish	[phone]
Novum Securities Limited - Broker  Colin Rowbury	[phone]
Blytheweigh - PR Megan Ray Madeleine Gordon-Foxwell	[phone] [phone] [phone]
Teneo Luke Hogg Alan Tyrrell Thomas Shortall	[phone] [phone] [phone]

 

END

 

 

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