Order issued by the SEBI

Capricorn Energy PLC
13 March 2024
FOR IMMEDIATE RELEASE                                                                                                               13 March 2024




Capricorn Energy PLC ("Capricorn" or the "Company")


Order issued by the Securities and Exchange Board of India


Capricorn Energy PLC today announces that the Securities and Exchange Board of India (SEBI) has issued an order dated March 12, 2024 related to the non-payment of a dividend to Capricorn UK Holdings Limited by Vedanta Limited (Vedanta). Vedanta has been ordered to pay approximately $9.5m within 45 days of the date of the order. Vedanta is entitled to challenge the order prior to expiry of the 45-day period.


A copy of the order is available on the SEBI website here: www.sebi.gov.in/enforcement/orders/mar-2024/final-order-in-the-matter-of-non-payment-of-dividend-to-cairn-uk-holdings-limited_82168.html.







Enquiries to:


Analysts / Investors


Nathan Piper, Commercial Director

Tel: 0131 475 3000





Diana Milford, Corporate Affairs                     

Tel: 0131 475 3000



Billy Clegg/Owen Roberts, Camarco

Tel: 0203 757 4980



About Capricorn Energy PLC


Capricorn is an Egypt-focused energy producer, with an attractive portfolio of onshore exploration, development and production assets in the Western Desert with a producing position in the UK North Sea.


For further information on Capricorn please see: www.capricornenergy.com



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