RNS Number : 6655K
Georgina Energy PLC
29 May 2025
29 May 2025
Georgina Energy plc
("Georgina", "Georgina Energy" or the "Company")
Update on the publication of the Annual Report for the year ended 31 January 2025
Georgina Energy Plc provides the following update in relation to the publication of its Audited Annual Report and Financial Statements for the 12-month financial period ended 31 January 2025 (the "2025 Annual Report").
The Company appointed its new auditors, PKF ("Auditors"), following the completion of its reverse takeover and listing in July 2024. The Auditors have advised that they are nearing completion of the audit of the 2025 Annual Report and expect to complete their work no later than 30 June 2025. The delays are attributed to the degree of familiarity with the Company as a new client and the additional audit work resulting from the reverse takeover transaction during the audited financial period.
If the Company cannot publish the 2025 Annual Report by 31 May 2025 as stipulated by DTR 4.1.3R. of the Financial Conduct Authority (the "FCA") it will be seeking approval by the FCA to approve the temporary suspension of its listing on the Official List and the Main Market of the London Stock Exchange until such time the Company can publish its 2025 Annual Report.
A further announcement in this respect will be made in due course.
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Enquiries
Georgina Energy
Tony Hamilton
viageorginaenergy@apcoworldwide.com
Mark Wallace
Tavira Financial Ltd - Financial Adviser and Joint Broker
Jonathan Evans
+44 (0)20 3833 3719
Oliver Stansfield
Oak Securities - Joint Broker
Jerry Keen
+44 (0)203 973 3678
Henry Clarke
Dillon Anadkat
Financial PR via georginaenergy@apcoworldwide.com
Violet Wilson
+44 (0)203 757 4980
Letaba Rimell
Notes to Editors
Georgina Energy aims to become a leading player in the global energy market and is focused on establishing itself among the top producers of helium and hydrogen worldwide. With a strategic approach and leveraging the experienced management team's expertise, Georgina Energy aims to capitalize on opportunities in these critical energy sectors.
Georgina Energy has two principal onshore interests held through its wholly owned Australian subsidiary, Westmarket O&G. The first, the Hussar Prospect is located in the Officer Basin in Western Australia and Westmarket O&G holds a 100% working interest in the exploration permit. The second, the EPA155 Mt Winter Prospect, is located in the Amadeus Basin in the Northern Territory, which Georgina Energy has a right to earn an initial 75 per cent. interest in (with the potential to reach 90 per cent.).
In line with market demand trends, Georgina Energy is well-positioned to capitalize on the growing gap between supply and demand for hydrogen and helium with the resource potential of EPA155 Mt Winter and EP513 Hussar projects for their potential accumulations.
For more information visit https://www.georginaenergy.com
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