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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Urals EN. | LSE:UEN | London | Ordinary Share | CY0107130912 | ORD USD0.126 (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 35.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jul 2019 to Jul 2024
TIDMUEN
RNS Number : 2508X
Urals Energy Public Company Limited
18 November 2014
18 November 2014
Urals Energy PCL
("Urals Energy" or the "Company")
ADRA dismissed by 2(nd) Court of Appeal in Moscow
The Board of Urals Energy (AIM: UEN), the independent exploration and production company with operations in Russia, announces that it has received notification from the Moscow Court of Cassation (the 2(nd) level appeal court in Moscow) that the Company has won its case concerning Urals Energy's appeal against the ruling of the 1(st) level appeal court in Moscow to grant Russian court jurisdiction in respect of the claim by UEN Cyprus Limited to recover the sum of US$41,652,000 from Urals Energy (the "ADRA"). Further details of the ADRA have been announced previously, including on 23 July 2014.
Urals Energy is also pleased to announce that it is in advanced discussions in relation to the withdrawal of all litigation between the Company and Mr. Viatcheslav Rovneiko and further announcements will be made at the appropriate time.
- Ends -
For further information, please contact:
Hot Features
Premium
Urals Energy Public Company Limited
Andrew Shrager, Chairman Tel: +7 495 795 0300
Sergey Uzornikov, Interim Chief www.uralsenergy.com
Executive Officer
Allenby Capital Limited
Nominated Adviser and Broker
Nick Naylor Tel: +44 (0) 20 3328
5656
Alex Price www.allenbycapital.com
Media enquiries:
Abchurch
Henry Harrison-Topham / Quincy Allan Tel: +44 (0) 20 7398
7710
henry.ht@abchurch-group.com www.abchurch-group.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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