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RNS Number : 5708E Ithaca Energy PLC 11 April 2025
11 April 2025
Ithaca Energy plc
("Ithaca Energy" or the "Company")
Publication of 2024 Annual Report and Accounts
and Notice of Annual General Meeting 2025
The Company's Annual Report and Accounts for the year ended 31 December 2024
(the 'Annual Report'), along with the Notice of Annual General Meeting 2025
(the 'AGM Notice') have today been published on the Company's
website https://investors.ithacaenergy.com/
(https://investors.ithacaenergy.com/)
A hard copy version of the Annual Report, along with the AGM Notice and Form
of Proxy will be sent to those shareholders who have elected to receive paper
communications.
In accordance with Listing Rule 9.6.1R of the UK Financial Conduct Authority
('FCA'), a copy of the Annual Report, AGM Notice and Form of Proxy have been
submitted to the FCA's National Storage mechanism ('NSM') and will shortly be
available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .
The Company's Annual General Meeting (the 'AGM') will be held on Wednesday 14
May at 09:00am at P&J Live, East Burn Road, Aberdeen AB21 9FX, Scotland.
Full details on how to attend the AGM are contained in the AGM Notice.
As required by the FCA's Disclosure and Transparency Rules ('DTRs'), the
regulated information required to be communicated to the media under DTR
6.3.5R(1A) is available in unedited full text within the Annual Report and is
available on the NSM and on the Company's website www.ithacaenergy.com
(http://www.ithacaenergy.com) .
Enquiries
Ithaca Energy
Kathryn Reid - Head of Investor Relations, Corporate Affairs & kathryn.reid@ithacaenergy.com (mailto:kathryn.reid@ithacaenergy.com)
Communications
FTI Consulting (PR Advisers to Ithaca Energy) +44 (0)203 727 1000
Ben Brewerton / Nick Hennis ithaca@fticonsulting.com (mailto:ithaca@fticonsulting.com)
About Ithaca Energy plc
Ithaca Energy is a leading UK independent exploration and production company
focused on the UK North Sea with a strong track record of material value
creation. In recent years, the Company has been focused on growing its
portfolio of assets through both organic investment programmes and
acquisitions and has seen a period of significant M&A driven growth
centred upon three transformational acquisitions in recent years, including
the recent Business Combination with Eni UK. Today, Ithaca Energy is one of
the largest independent oil and gas companies in the United Kingdom
Continental Shelf (the "UKCS"), ranking second largest independent by
production with the largest resource base.
With stakes in six of the ten largest fields in the UKCS and two of UKCS's
largest pre-development fields, and with energy security currently being a key
focus of the UK Government, the Group believes it can utilise its significant
reserves and operational capabilities to play a key role in delivering
security of domestic energy supply from the UKCS.
Ithaca Energy serves today's needs for domestic energy through operating
sustainably. The Group achieves this by harnessing Ithaca Energy's deep
operational expertise and innovative minds to collectively challenge the norm,
continually seeking better ways to meet evolving demands.
Ithaca Energy's commitment to delivering attractive and sustainable returns is
supported by a well-defined emissions-reduction strategy with a target of
achieving net zero ahead of targets set out in the North Sea Transition Deal.
Ithaca Energy plc was admitted to trading on the London Stock Exchange (LON:
ITH) on 14 November 2022.
ENDS-
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