TIDMPPC

RNS Number : 5687U

President Energy PLC

07 April 2021

7 April 2021

PRESIDENT ENERGY PLC

("President" or the "Company")

Termination of Joint Corporate Broker

President Energy (AIM: PPC), the energy company with a diverse portfolio of production and exploration assets focused primarily in South America announces that Shore Capital are no longer joint brokers to the Company with immediate effect.

Contact:

 
 President Energy PLC                      +44 (0) 207 016 7950 
  Nikita Levine, Investor Relations         info@presidentpc.com 
 finnCap (Nominated Advisor & Corporate 
  Broker) 
  Christopher Raggett, Tim Harper          +44 (0) 207 220 0500

Notes to Editors

President Energy is an oil and gas company listed on the AIM market of the London Stock Exchange (PPC.L) primarily focused in Argentina, with a diverse portfolio of operated onshore producing and exploration assets.

The Company has operated interests in the Puesto Flores, Estancia Vieja, Puesto Prado and Las Bases Concessions, and Angostura exploration contract, all of which are situated in the Rio Negro Province in the Neuquén Basin of Argentina and in the Puesto Guardian Concession, in the Noroeste Basin in NW Argentina. Alongside this, President Energy has cash generative production assets in Louisiana, USA and further significant exploration and development opportunities through its acreage in Paraguay and Argentina.

The Group is also actively pursuing value accretive acquisitions of high-quality production and development assets capable of delivering positive cash flows and shareholder returns. With a strong strategic and institutional base of support, including the international commodity trader and logistics company Trafigura, an in-country management team as well as the Chairman whose interests as the largest shareholder are aligned to those of its shareholders, President Energy gives UK investors access to an energy growth story combined with world class standards of corporate governance, environmental and social responsibility.

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April 07, 2021 02:00 ET (06:00 GMT)

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