We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Coro Energy Plc | LSE:CORO | London | Ordinary Share | GB00BDCFP425 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.114 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Natural Gas Liquids | 6.71M | -4.12M | -0.0014 | -0.79 | 3.15M |
From Apr 2019 to Apr 2024
TIDMCORO
RNS Number : 2944Q
Coro Energy PLC
17 June 2020
17 June 2020
Coro Energy plc
("Coro", or the "Company")
Settlement Agreement
Coro Energy, the Southeast Asian focused upstream oil and gas company, announces that, having received appropriate legal advice on legal action threatened against the Company, it has entered into a settlement agreement with James Menzies, the Company's former Chief Executive Officer, in connection with the termination of his service agreement announced on 2 April 2020 (the "Settlement Agreement"). Under the Settlement Agreement Mr. Menzies has agreed to waive all claims against the Company and will receive a cash termination/notice payment (inclusive of legal fees) of GBP132,000.
The Settlement Agreement constitutes a related party transaction under the AIM Rules for Companies pursuant to Mr. Menzies directorship of the Company within the last 12 months. The directors of the Company consider, having consulted with the Company's nominated adviser, that the terms of the Settlement Agreement are fair and reasonable insofar as the Company's shareholders are concerned.
For further information please contact:
Coro Energy plc Via Vigo Communications James Parsons, Non-Executive Chairman Ltd Cenkos Securities plc (Nominated Adviser) Tel: 44 (0)20 7397 8900 Ben Jeynes Katy Birkin Vigo Communications Ltd (IR/PR Advisor) Tel: 44 (0)20 7390 0230 Patrick d'Ancona Chris McMahon Mirabaud Securities Ltd (Joint Broker) Tel: 44 (0)20 3167 7221 Peter Krens Ed Haig-Thomas Canaccord Genuity Ltd (Joint Broker) Tel: 44 (0)20 7523 4617 Henry Fitzgerald-O'Connor James Asensio
The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
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
AGRBRGDLIGBDGGR
(END) Dow Jones Newswires
June 17, 2020 13:10 ET (17:10 GMT)
1 Year Coro Energy Chart |
1 Month Coro Energy Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
