Change of Name to Molecular Energies PLC

RNS Number : 8618B

Molecular Energies PLC

05 October 2022

 

5 October 2022

MOLECULAR ENERGIES PLC

(Previously President Energy Plc)

("Molecular" or the "Company")

Change of Name to Molecular Energies PLC

Molecular Energies (AIM: MEN), the international energy company, today announces that it has changed name from 'President Energy PLC' to 'Molecular Energies PLC'. 

The change of name was executed by a resolution at the general meeting held on 29 September 2022 and has been registered at Companies House and accordingly the change is now effective. The Company's TIDM has been updated to 'MEN', with the ISIN 'GB00BMT80K89' remaining unchanged.

The Company's website address has also been updated to www.molecularenergiesplc.com .

Contact:

Molecular Energies PLC Nikita Levine, Investor Relations	[phone] [e-mail]
finnCap (Nominated Advisor and broker) Christopher Raggett, Edward Whiley	[phone]
Tavistock (Financial PR) Simon Hudson, Nick Elwes, Charles Baister	[phone]

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, including the international commodity trader and logistics company Trafigura, 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.

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