Contango Holdings PLC Restoration of Trading
December 04 2024 - 1:40AM
RNS Regulatory News
RNS Number : 6878O
Contango Holdings PLC
04 December 2024
Contango
Holdings Plc / Index: LSE / Epic: CGO / Sector: Natural
Resources
4 December 2024
Contango
Holdings PLC
("Contango" or the "Company")
Restoration of Trading
Contango Holdings Plc, a company
focused on unlocking value from the +2 billion tonne Muchesu coal
project in Zimbabwe ("Muchesu"), advises that following the
publication of the Company's Annual Report for the year ending 31
May 2024 on 22 November 2024 and an application by the Company for
the suspension to be lifted, the Company's shares will be restored
to the Equity Shares (Transition) category of the Official List and
to trading on the Main Market of the London Stock Exchange
today.
The Company provided an operational,
financial and corporate update on 29 November 2024 that contains a
detailed overview on current matters the Company are
progressing.
Carl Esprey, CEO Of Contango,
commented,
"I am pleased to confirm the
recommencement of trading, which also coincides with a number of
positive developments at Muchesu, including the commencement of
operations through the recently installed 3,000 tonne per day Dense
Media Separation plant and the expectation of our first royalty
payment this month. I look forward to providing further updates as
appropriate over the coming weeks."
This announcement contains inside
information for the purposes of Article 7 of the Market Abuse
Regulation (EU) No. 596/2014, as it forms part of UK Domestic Law
by virtue of the European Union (Withdrawal) Act 2018. Upon the
publication of this announcement, this inside information is now
considered to be in the public domain.
**ENDS**
Contango Holdings plc
Chief Executive
Officer
Carl Esprey
|
E:
contango@stbridespartners.co.uk
|
|
|
Tavira Financial Limited
Financial Adviser &
Broker
Jonathan Evans
|
T: +44 (0)20 7100 5100
|
|
|
St
Brides Partners Ltd
Financial PR & Investor
Relations
Susie Geliher
|
T: +44 (0)20 7236 1177
|
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END
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