Change to Accounting Period

Egdon Resources PLC

31 July 2023

 

31 July 2023

EGDON RESOURCES PLC

("Egdon" or "the Company")

Change to Accounting Period

Egdon Resources plc (AIM:EDR) the UK Energy Company, advises that it has extended its current accounting period, which would have ended on 31 July 2023, by five months to end on 31 December 2023. This follows shareholder approval of the terms of a recommended all cash acquisition by Petrichor Partners LP ("Petrichor") for the entire issued and to be issued ordinary share capital of Egdon and will align Egdon with the accounting period of Petrichor and also minimise ongoing audit costs.

As a result of this extended period, Egdon will publish unaudited interim results for the six-months to 31 July 2023 by 31 October 2023.

Egdon would plan to file its audited accounts for the extended period by 30 June 2024.  However, should Egdon remain a public company beyond 31 December 2023 then it will publish its audited accounts for the extended period by 30 March 2024.

For further information please contact: 

Egdon Resources plc

Mark Abbott, Martin Durham                                                                           01256 702 292

Buchanan

Ben Romney, Barry Archer                                                                             020 7466 5000

Nominated Adviser & Joint Broker - WH Ireland Limited                      

Antonio Bossi, Chris Hardie, James Bavister                                           020 7220 1666

Joint Broker & Financial Advisors - VSA Capital Limited

Andrew Monk, Andrew Raca                                                                          020 3005 5000

About Egdon

Egdon Resources plc (LSE: EDR) is an established UK-based energy company focused on onshore exploration and production in the UK. 

Egdon holds interests in 33 licences in the UK and has an active programme of exploration, appraisal and development within its portfolio of oil and gas assets. Egdon is an approved operator in the UK.  Egdon was formed in 1997 and listed on AIM in December 2004.

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