Share Name Share Symbol Market Type Share ISIN Share Description
President Energy Plc NEX:PPC.GB NEX Ordinary Share GB00B3DDP128
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p - - - - - - - - -
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - -

President Energy PLC Appointment of Joint Broker

25/03/2019 7:01am

UK Regulatory (RNS & others)


President Energy (NEX:PPC.GB)
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RNS Number : 8029T

President Energy PLC

25 March 2019

25 March 2019

PRESIDENT ENERGY PLC

("President", the "Company" or "President Energy")

Appointment of Joint Broker

President Energy (AIM: PPC), the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in South America, is pleased to announce the appointment of Whitman Howard as its Joint Broker with immediate effect.

For further information please contact:

 
 President Energy PLC 
  Peter Levine, Chairman 
  Rob Shepherd, Group FD                    +44 (0) 207 016 7950 
 finnCap (Nominated Advisor) 
  Christopher Raggett, Scott Mathieson      +44 (0) 207 220 0500 
 Panmure Gordon (Joint Broker) 
 Charles Lesser, Dominic Morley           +44 (0) 207 886 2500 
 Whitman Howard (Joint Broker) 
  Hugh Rich, Grant Baker                    +44 (0) 207 659 1234 
 Tavistock (Financial PR) 
  Nick Elwes, Simon Hudson                  +44 (0) 207 920 3150 
 

Notes to Editors

President Energy is an oil and gas company listed on the AIM market of the London Stock Exchange (PPC.L) primarily focused in Argentina, with a diverse portfolio of operated onshore producing and exploration assets.

The Company has operated interests in the Puesto Flores, Estancia Vieja, Puesto Prado and Las Bases Concessions, Rio Negro Province as well as in the Neuquén Basin of Argentina and in the Puesto Guardian Concession, in the Noroeste Basin in NW Argentina. Alongside this, President Energy has cash generative production assets in Louisiana, USA and further significant exploration and development opportunities through its acreage in Paraguay and Argentina.

The Group is also actively pursuing value accretive acquisitions of high-quality production and development assets in Argentina capable of delivering positive cash flows and shareholder returns. With a strong institutional base of support, including the IFC, part of the World Bank Group, an in-country management team as well as a Board whose interests are aligned to those of its shareholders, President Energy gives UK investors rare access to the Argentinian growth story combined with world class standards of corporate governance, environmental and social responsibility.

This announcement contains inside information for the purposes of article 7 of Regulation 596/2014

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

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March 25, 2019 03:01 ET (07:01 GMT)

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