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ADL Andalas Energy And Power Plc

0.20
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Andalas Energy And Power Plc LSE:ADL London Ordinary Share IM00BZ7PNY71 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.20 0.19 0.21 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Andalas Energy and Power Plc Chief Executive Interview

01/06/2018 11:36am

UK Regulatory


 
TIDMADL 
 
1 June 2018 
 
                         Andalas Energy and Power Plc 
                         ('Andalas' or the 'Company') 
 
                           Chief Executive Interview 
 
Andalas Energy and Power Plc, the AIM traded upstream oil and gas energy 
company (AIM: ADL), announces that Simon Gorringe, Andalas CEO, recorded a 
video interview on 23rd May 2018, which has been released today. 
 
The interview does not contain any new material information. 
 
In the interview Simon answered a question regarding the financial expenditures 
of the Group.  The information provided was based on the financial accounts of 
the Group for the period 1 May 2015 through to 31 October 2017 (extracted from 
the financial information reported in the audited financial statements for the 
years ended 30 April 2015 and 30 April 2016 and the unaudited 6 month period 
ended 31 October 2017).  The analysis was as follows: 
 
Category                                                              Analysis 
                                                                   (unaudited) 
 
Travel                                                                   12.2% 
 
Brokers and costs of share issues                                        17.5% 
 
Rest G&A                                                                  9.1% 
 
Due diligence (data purchase/studies/consultants)                        38.1% 
 
Directors                                                                18.7% 
 
Readmission                                                               4.3% 
 
Total                                                                   100.0% 
 
The interview can be viewed the following web address:  https://m.youtube.com/ 
watch?feature=youtu.be&v=hAPudatepbw 
 
                                    -ENDS- 
 
For further information, please contact: 
 
Simon     Andalas Energy and Power Plc               Tel: +62 21 2965 5800 
Gorringe 
 
Roland    Beaumont Cornish Limited                   Tel: +44 20 7628 3396 
Cornish/  (Nominated Adviser) 
James 
Biddle 
 
Colin     Novum Securities Limited                   Tel: +44 207 399 9427 
Rowbury   (Joint Broker) 
 
 
Christian Optiva Securities Limited                  Tel: +44 20 3411 1881 
Dennis    (Joint Broker) 
 
Stefania  Cassiopeia Services Ltd                    Stefania@cassiopeia-ltd.com 
Barbaglio 
 
 
 
END 
 

(END) Dow Jones Newswires

June 01, 2018 06:36 ET (10:36 GMT)

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