i3 Energy PLC February 2023 Dividend Declaration (4448M)

TIDMI3E

RNS Number : 4448M

i3 Energy PLC

12 January 2023

12 January 2023

i3 Energy plc

("i3" or the "Company")

February 2023 Dividend Declaration

i3 Energy plc (AIM:I3E) (TSX:ITE), an independent oil and gas company with assets and operations in the UK and Canada, is pleased to announce the following update.

Monthly Dividend

i3 announces its monthly dividend totalling GBP2.040 million and confirms the following:

   Dividend:                             0.171 pence/share 
   Ex-Dividend Date:            19 Jan 2023 
   Record Date:                      20 Jan 2023 
   Payment date:                  10 Feb 2023 

Payment to shareholders holding their shares on the TSX will be made in Canadian dollars using the exchange rate from the Bank of England at close on the Dividend announcement date, 12 Jan 2023.

END

Enquiries:

 
 i3 Energy plc                       c/o Camarco 
  Majid Shafiq (CEO)                  Tel: [phone] 
 
 WH Ireland Limited (Nomad and 
  Joint Broker)                        Tel: [phone] 
  James Joyce, Darshan Patel 
 
 Tennyson Securities (Joint 
  Broker)                              Tel: [phone] 
  Peter Krens 
 
 Stifel Nicolaus Europe Limited 
  (Joint Broker)                       Tel: [phone] 
  Ashton Clanfield, Callum Stewart 
 
 Camarco 
  Georgia Edmonds, Violet Wilson,      Tel: [phone] 
  Sam Morris 
 

Notes to Editors:

i3 Energy is an oil and gas Company with a low cost, diversified, growing production base in Canada's most prolific hydrocarbon region, the Western Canadian Sedimentary Basin and appraisal assets in the North Sea with significant upside.

The Company is well positioned to deliver future growth through the optimisation of its existing 100% owned asset base and the acquisition of long life, low decline conventional production assets.

i3 is dedicated to responsible corporate practices and the environment, and places high value on adhering to strong Environmental, Social and Governance ("ESG") practices. i3 is proud of its performance to date as a responsible steward of the environment, people, and capital management. The Company is committed to maintaining an ESG strategy, which has broader implications to long-term value creation, as these benefits extend beyond regulatory requirements.

i3 Energy is listed on the AIM market of the London Stock Exchange under the symbol I3E and on the Toronto Stock Exchange under the symbol ITE. For further information on i3 Energy please visit https://i3.energy/ .

This announcement contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.

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January 12, 2023 02:00 ET (07:00 GMT)