Coro Energy PLC has announced the issuance of 40,000,000 new ordinary shares to its partners in the Philippines as part of a restructuring agreement. The shares will be subject to lock-in restrictions until the first power production and revenue on the first and second renewable energy projects in the Philippines. The new shares will be admitted to AIM on September 18, 2023. Following the admission, the company's total issued ordinary share capital will consist of 2,866,858,784 ordinary shares with one voting right per share. The company does not hold any ordinary shares in treasury. Shareholders can use this figure as the denominator for calculating their interest in the company.