Withdrawal of Requisition of General Meeting

RNS Number : 5778M

Hurricane Energy PLC

12 January 2023

 

12 January 2023

Hurricane Energy plc

("Hurricane" or the "Company")

Withdrawal of Requisition of General Meeting

Hurricane Energy plc, the UK based oil and gas company, announces that it has received written confirmation from Crystal Amber Fund Limited ("Crystal Amber") that it has withdrawn its requisition notice to convene a general meeting to consider its proposals announced by the Company on 23 December 2022.

Philip Wolfe, Chairman of Hurricane Energy, commented :

"This is a welcome development. It enables the Company to continue to focus on progressing its previously announced Formal Sales Process, which has seen strong interest, and the excellent operational performance which has positioned the business so well."

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Contacts: 

Hurricane Energy plc Antony Maris, Chief Executive Officer [e-mail]	[phone]
Stifel Nicolaus Europe Limited Financial Adviser, Nominated Adviser & Joint Corporate Broker Callum Stewart / Jason Grossman	[phone]
Investec Bank plc Joint Corporate Broker Chris Sim / Charles Craven / Jarrett Silver	[phone]
Vigo Consulting Public Relations Patrick d'Ancona / Ben Simons [e-mail]	[phone]

 

About Hurricane

Hurricane has a 100% interest in and operates the Lancaster field, the UK's first field to produce from a fractured basement reservoir.

Visit Hurricane's website at www.hurricaneenergy.com

Inside Information

This announcement is released by Hurricane Energy plc and contains inside information under Regulation (EU) 596/2014 on market abuse, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (the UK MAR). For the purpose of the UK MAR, this announcement is made by Antony Maris, Chief Executive Officer at Hurricane Energy plc.

 

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