REG - Coro Energy PLC - Results of the Placing

Coro EnergyAnnouncement

Mon 07:30

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RNS Number : 4510M  Coro Energy PLC  22 December 2025

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN (TOGETHER THIS
"ANNOUNCEMENT"), IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR
DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA,
CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER
JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
UNLAWFUL. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET
ABUSE REGULATION (EU) 596 / 2014 WHICH FORMS PART OF UK LAW BY VIRTUE OF THE
EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR"). IN ADDITION, MARKET SOUNDINGS
(AS DEFINED IN UK MAR) WERE TAKEN IN RESPECT OF CERTAIN OF THE MATTERS
CONTAINED IN THIS ANNOUNCEMENT, WITH THE RESULT THAT CERTAIN PERSONS BECAME
AWARE OF SUCH INSIDE INFORMATION, AS PERMITTED BY UK MAR. UPON THE PUBLICATION
OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE
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INSIDE INFORMATION.

 

22 December 2025

 

Coro Energy Plc

("Coro" or the "Company")

Results of the Placing

Coro Energy Plc ("Coro" or the "Company"), the South East Asian renewable
energy developer, is pleased to announce the successful completion of the
Bookbuild announced on 22 December 2025, conditional inter alia on shareholder
approval. The Placing has conditionally raised gross proceeds of £1 million.
 A total of 25,000,000 Placing Shares will be issued to existing and new
institutional investors at the Placing Price pursuant to the Placing by
Tennyson Securities ("Tennyson"), acting as broker to the Company. Please note
that if the conditions are not met the Placing will not proceed.

Defined terms used in this announcement have the same meaning as those set out
in the Company's announcement released earlier today.

The Placing Shares will, when issued, be credited as fully paid and will rank
pari passu in all respects with the New Ordinary Shares of the Company,
including the right to receive all dividends or other distributions made, paid
or declared in respect of such shares after the date of issue of the Placing
Shares.

 

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 4530 9239

 Peter Krens

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

 Patrick d'Ancona

 

 

 

Important Notice

 

This announcement is not for publication or distribution, directly or
indirectly, in or into the United States of America. This announcement is not
an offer of securities for sale into the United States. The securities
referred to herein have not been and will not be registered under
the U.S. Securities Act of 1933, except pursuant to an exemption from
registration. No public offering of securities is being made in the United
States.

 

The distribution of this announcement and the offering of the Placing Shares
in certain jurisdictions may be restricted by law. No action has been taken by
the Company or Tennyson that would permit an offering of such shares or
possession or distribution of this announcement or any other offering or
publicity material relating to such shares in any jurisdiction where action
for that purpose is required. Persons into whose possession this announcement
comes are required by the Company and Tennyson to inform themselves about, and
to observe, any such restrictions.

 

This announcement is not for release, publication or distribution, in whole or
in part, directly or indirectly, in or into Australia, Canada, Japan or
the Republic of South Africa or any jurisdiction into which the publication
or distribution would be unlawful. This announcement is for information
purposes only and does not constitute an offer to sell or issue or the
solicitation of an offer to buy or acquire shares in the capital of the
Company in  Australia, Canada, Japan, New Zealand, the Republic of South
Africa or any jurisdiction in which such offer or solicitation would be
unlawful or require preparation of any prospectus or other offer documentation
or would be unlawful prior to registration, exemption from registration or
qualification under the securities laws of any such jurisdiction.

 

This announcement is not for publication or distribution, directly or
indirectly, in or into the United States of America.  This announcement is
not an offer of securities for sale into the United States.  The securities
referred to herein have not been and will not be registered under the U.S.
Securities Act of 1933, as amended, and may not be offered or sold in the
United States, except pursuant to an applicable exemption from registration.
No public offering of securities is being made in the United States.

 

Cavendish Capital Markets Limited ("Cavendish"), which is authorised and
regulated by the FCA in the United Kingdom, is acting as Nominated Adviser to
the Company. Cavendish will not be responsible to any person other than the
Company for providing the protections afforded to clients of Cavendish or for
providing advice to any other person in connection with the Placing or any
acquisition of shares in the Company. Cavendish has not authorised the
contents of, or any part of, this Announcement, no representation or warranty,
express or implied, is made by Cavendish in respect of such contents, and no
liability whatsoever is accepted by Cavendish for the accuracy of any
information or opinions contained in this Announcement or for the omission of
any material information, save that nothing shall limit the liability of
Cavendish for its own fraud. Cavendish's responsibilities as the Company's
Nominated Adviser under the AIM Rules for Nominated Advisers are owed solely
to the London Stock Exchange and are not owed to the Company or to any
Director or to any other person.

 

Tennyson Securities ("Tennyson"), which is authorised and regulated by the FCA
in the United Kingdom, is acting as broker to the Company in connection with
the Placing. Tennyson will not be responsible to any person other than the
Company for providing the protections afforded to clients of Tennyson or for
providing advice to any other person in connection with the Placing or any
acquisition of shares in the Company. Tennyson is not making any
representation or warranty, express or implied, as to the contents of this
Announcement. Tennyson has not authorised the contents of, or any part of,
this Announcement, and no liability whatsoever is accepted by Tennyson for the
accuracy of any information, or opinions contained in this Announcement or for
the omission of any material information, save that nothing shall limit the
liability of Tennyson for its own fraud.

 

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