Angus Energy PLC has received TR-1 notifications regarding the holding in the company. The notifications indicate that Aleph Commodities Ltd holds 6.18% and Aleph Fin C Ltd holds <3% in the company. The Board understands that this is due to intercompany transfers by AlephCommodities Ltd and Aleph Fin C Ltd, with Aleph directors and partners increasing their personal holdings in Angus.
Angus Energy plc is a UK AIM quoted independent onshore Energy Transition company with a complementary portfolio of clean gas development assets, onshore geothermal projects, and legacy oil producing fields. The company is focused on becoming a leading onshore UK energy infrastructure company. Angus Energy has a 100% interest in the Saltfleetby Gas Field (PEDL005), majority owns and operates conventional oil production fields at Brockham (PL 235) and Lidsey (PL 241) and has a 25% interest in the Balcombe Licence (PEDL244). Angus Energy operates all fields in which it has an interest.
The announcement also includes disclaimers and forward-looking statements, emphasizing that forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. The company's actual performance, achievements, and financial condition may differ materially from those expressed or implied by the forward-looking statements in the announcement.
Beaumont Cornish Limited is acting as the nominated adviser to the Company in relation to the matters referred to in the announcement. Beaumont Cornish Limited is acting exclusively for the Company and for no one else in relation to the matters described in this announcement and is not advising any other person.