XEL Xcite Energy

TIDMXEL

RNS Number : 0636Z

Xcite Energy Limited

24 May 2016

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

LSE-AIM: XEL

24 May 2016

Xcite Energy Limited

("Xcite Energy" or the "Company")

Notification of Director's circumstances

Pursuant to Rule 17 and Schedule 2(g) of the AIM Rules for Companies, the Company has been notified by Mr Gregory Justin Moroney, an independent non-executive director of the Company, that Breitburn Energy Partners LP, a U.S. company on whose board Mr Moroney sits as a director, filed for relief under Chapter 11 of the U.S. Bankruptcy Code on 15 May 2016, in order to facilitate the restructuring of its balance sheet.

 
 
   ENQUIRIES:                             +44 (0) 1483 
   Xcite Energy Limited                    549 063 
 Rupert Cole / Andrew Fairclough 
 
 Liberum (Joint Broker and Nominated     +44 (0) 203 
  Adviser)                                100 2222 
 Clayton Bush / Jamie Richards 
 
 Morgan Stanley (Joint                   +44 (0) 207 
  Broker)                                 425 8000 
 Andrew Foster 
 
                                         +44 (0) 203 
 Bell Pottinger                           772 2500 
 Henry Lerwill 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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