REG - Coro Energy PLC - Duyung sale: completion and receipt of shares

Coro EnergyAnnouncement

27/04/2026 14:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260427:nRSa0755Ca&default-theme=true

RNS Number : 0755C  Coro Energy PLC  27 April 2026

27 April 2026

 

Coro Energy Plc

("Coro" or the "Company")

 

Duyung PSC Sale : Completion and Receipt of Conrad Shares

 

Coro Energy Plc, the South East Asian renewable energy developer, announces
approval of the sale of its interest in the Duyung PSC ("Transaction") which
was previously announced on 10 April 2025, 14 May 2025, 1 September 2025 and 1
October 2025. Following the approval of the sale by Indonesia's Ministry of
Energy and Mineral Resources the Transaction has now completed and 500,000
shares in Conrad Asia Energy Ltd have been issued to the Company. The Conrad
Shares have a value of approximately US$177,500 based on the AU$0.50 closing
share price of Conrad on 24 April 2026.

 

 

 

For further information please contact:

 

 Coro Energy plc                                          Via Vigo Consulting Ltd

 Cavendish Capital Markets Limited (Nominated Adviser)    Tel: +44 (0)20 7220 0500

 Adrian Hadden

 Ben Jeynes

 Tennyson Securities  (Nominated Broker)                    Tel: +44 (0)2 (tel:(0)20%C2%A03764%202341) 0 4530 9239

 Peter Krens

 Vigo Consulting (IR/PR Advisor)                          Tel: +44 (0)20 7390 0230

 Patrick d'Ancona

 The information contained within this announcement is deemed by the Company
to constitute inside information as stipulated under the UK version of the EU
Market Abuse Regulation 596/2014 which is part of UK law by virtue of the
European Union (Withdrawal) Act 2018, as amended and supplemented from time to
time. Upon the publication of this announcement, this inside information is
now considered to be in the public domain.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DISIRMJTMTTTBLF



            Copyright 2019 Regulatory News Service, all rights reserved