REG - Contango HoldingsPLC - Restoration of Trading

Contango HoldingsAnnouncement

04/12/2024 07:45

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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                   E: contango@stbridespartners.co.uk

 Chief Executive Officer

 Carl Esprey

 Tavira Financial Limited                T: +44 (0)20 7100 5100

 Financial Adviser & Broker

 Jonathan Evans

 St Brides Partners Ltd                  T: +44 (0)20 7236 1177

 Financial PR & Investor Relations

 Susie Geliher

 

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