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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Barryroe Offshore Energy Plc | LSE:BEY | London | Ordinary Share | IE00B66B5T26 | ORD EUR0.001 (CDI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.575 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2023 to May 2024
TIDMBEY
RNS Number : 7969H
Barryroe Offshore Energy PLC
31 July 2023
Appointment of Examiner
31 July 2023
Barryroe Offshore Energy plc ("Barryroe" or the "Company") announces that at a Court Hearing held earlier today Mr. Kieran Wallace of Interpath Advisory was appointed as Examiner to the Company.
Mr. Wallace will now have an initial period of 70 days to ascertain whether he can formulate a scheme of arrangement for the Company in order to restructure its affairs. The Petitioner Vevan Unlimited Company has agreed to support the Company throughout the Examinership process.
The proposed Creditors Voluntary Liquidation (CVL) and cancellation of the admission to trading announced on the 30 June 2023 will not now proceed as planned pending the outcome of the Examinership process. The Company's shares will remain suspended from trading pending publication of its annual accounts for 2022 and resolution of its solvency issues.
Ends
INVESTOR ENQUIRIES:
Barryroe Offshore Energy P.l.c.
Tel: +353 1 219 4074
Alan Curran, Chief Executive
Investor Relations
Tel: + 353 1 219 4074
Job Langbroek
J & E Davy
Tel: +353 1 679 6363
Anthony Farrell
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END
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(END) Dow Jones Newswires
July 31, 2023 12:14 ET (16:14 GMT)
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