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BKY Berkeley Energia Limited

19.00
0.25 (1.33%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Berkeley Energia Limited LSE:BKY London Ordinary Share AU000000BKY0 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.25 1.33% 19.00 18.00 20.00 19.00 18.75 18.75 36,720 11:00:07
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 0 -1.37M -0.0031 -116.13 160.49M

Berkeley Energia Limited Permitting update (8436X)

27/12/2023 7:00am

UK Regulatory


Berkeley Energia (LSE:BKY)
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From Oct 2023 to Apr 2024

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TIDMBKY

RNS Number : 8436X

Berkeley Energia Limited

27 December 2023

BERKELEY ENERGIA LIMITED

NEWS RELEASE | 27 December 2023

Permitting update

Berkeley Energia Limited ("Berkeley" or the "Company") advises that it has received formal notifications from the High Court of Justice of Castilla y León ("TSJ") which uphold the appeals submitted by the appellants to revoke the first instance judgements related to the Authorization of Exceptional Use of the Land ("AEUL") and the Urbanism Licence ("UL"), and annules both the AEUL and UL.

The AEUL and the UL were granted to the Company in July 2017 and August 2020 by the Regional Commission of Environment and Urbanism, and the Municipality of Retortillo respectively.

As previously disclosed, a non-governmental organisation, Plataforma Stop Uranio, and the city council of Villavieja de Yeltes ("the appellants") subsequently filed administrative appeals against the AEUL and the UL at the first instance courts in Salamanca. The administrative appeals against the AEUL and UL were dismissed in September 2022 and January 2023 respectively. One of the appellants subsequently lodged appeals before the TSJ, and the TSJ has now delivered judgements which revoke the first instance judgements and declare the AEUL and the UL null.

The Company strongly disagrees with the fundamentals of the TSJ's judgements and it will submit appeals against the TSJ judgements before the Supreme Court under Spanish law to defend its position and take all necessary actions to preserve its rights .

The Company will continue to update the market in relation to this matter as required.

Classification: 2.2 Inside Information

For further information please contact:

   Robert Behets                                      Franciso Bellón 
   Acting Managing Director                      Executive Director 
   +61 8 9322 6322                                    +34 923 193 903 

info@berkeleyenergia.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.

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END

MSCFEESWLEDSEIE

(END) Dow Jones Newswires

December 27, 2023 02:00 ET (07:00 GMT)

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