REG - Enwell Energy PLC - Resignation of Auditor and Posting of Statement

Enwell EnergyAnnouncement

20/12/2022 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221220:nRST2420Ka&default-theme=true

RNS Number : 2420K  Enwell Energy PLC  20 December 2022

20 December 2022

Enwell Energy plc
("Enwell" or the "Company")

 

Resignation of Auditor

and Posting of Statement of Reason to Shareholders

 

Enwell Energy plc (AIM: ENW), the AIM-quoted oil and gas exploration and
production group, announces that it has received notice of resignation from
PricewaterhouseCoopers LLP as its Auditor.

 

PricewaterhouseCoopers LLP provided a statement of the reason for its decision
to cease to hold office as the Company's auditor, which was that the Company
no longer meets PricewaterhouseCoopers LLP's audit client acceptability
criteria as a result of the imposition of the restrictive measures (sanctions)
against Vadym Novynskyi, who holds a major indirect shareholding interest in
the Company, as announced on 9 December 2022. A copy of this statement will be
posted to shareholders as required by section 520(2) of the Companies Act
2006, and will shortly be available on the Company's website at
www.enwell-energy.com.

 

The Company is seeking to appoint a new Auditor and a further announcement in
this regard will be made in due course.

 

 

For further information, please contact:

 

 Enwell Energy plc                         Tel: 020 3427 3550
 Chris Hopkinson, Chairman
 Sergii Glazunov, Chief Executive Officer
 Bruce Burrows, Finance Director

 Strand Hanson Limited                     Tel: 020 7409 3494
 Rory Murphy / Matthew Chandler

 Arden Partners plc                        Tel: 020 7614 5900
 Ruari McGirr (Corporate Finance)
 Simon Johnson (Corporate Broking)

 Citigate Dewe Rogerson                    Tel: 020 7638 9571
 Ellen Wilton

 

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  MSCFFFIFFDLALIF