Cabot Energy PLC Update on Financing and Publication of FY Results (6890V)

TIDMCAB

RNS Number : 6890V

Cabot Energy PLC

10 April 2019

Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. With the publication of this announcement, this information is now considered to be in the public domain.

10 April 2019

Cabot Energy Plc

("Cabot Energy", the "Group" or the "Company")

Update on Financing and Publication of Full Year Results

Further to the announcements of 1 March 2019 and 1 April 2019, Cabot Energy (AIM: CAB), the AIM quoted oil and gas company focussed on creating predictable production growth in Canada, announces that discussions with potential providers of finance (third parties and existing shareholders) at both the asset level and the Group level are ongoing and if successful, may require until the end of H1 2019. The Company will provide details of the financing arrangements at the conclusion of these talks. Consequently, the Company will now issue its preliminary results for the year ended 31 December 2018 in June 2019 and hold its AGM in late June 2019.

Enquiries:

 
Cabot Energy Plc                          +44 (0)20 7469 2900 
Scott Aitken, CEO 
 Petro Mychalkiw, CFO 
 
SP Angel Corporate Finance LLP            +44 (0)20 3470 0470 
Nominated Adviser and Joint Broker 
David Hignell, Richard Hail, Richard 
 Redmayne 
 
GMP FirstEnergy                           +44 (0)20 7448 0200 
Joint Broker 
Jonathan Wright 
 
Luther Pendragon                          +44 (0)20 7618 9100 
Financial PR 
Harry Chathli, Alexis Gore, Joe Quinlan

Note to Editors:

Cabot Energy (AIM: CAB) is an oil and gas company focussed on creating predictable production growth in Canada. Comprehensive information on Cabot Energy and its oil and gas operations, including press releases, annual reports and interim reports are available from Cabot Energy's website: www.cabot-energy.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

NORFKLLBKZFLBBF

(END) Dow Jones Newswires

April 10, 2019 02:01 ET (06:01 GMT)

Cabot Energy (LSE:CAB)
Graphique Historique de l'Action
De Déc 2024 à Jan 2025