REG - Molecular Energies - Market Update

Molecular EnergiesAnnouncement

21/12/2022 07:00

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RNS Number : 3495K  Molecular Energies PLC  21 December 2022

21 December 2022

 

Molecular Energies PLC

("MEN" or the "Company")

Market Update

 

Molecular Energies PLC (AIM: MEN), the international energy company, states
that an update on both its hydrocarbons business, which continues to be
operationally profitable, as well as an update on the Green House Capital
alternative energies division, is scheduled to be provided on 9 January 2023
being after the Group's year end.

 

Contact:

Molecular Energies
PLC
+44 (0)20 7016 7950

Nikita Levine, Investor
Relations
info@molecularenergiesplc.com (mailto:info@molecularenergiesplc.com)

 

finnCap (Nominated Advisor and broker)                  +44
(0)20 7220 0500

Christopher Raggett, George Dollemore

 

Tavistock (Financial PR & IR)
                                      +44
(0)20 7920 3150

Simon Hudson, Nick Elwes, Charles Baister

 

Notes to Editors

Molecular Energies PLC is an AIM listed company at the forefront of energy
development and has interests across the energy spectrum, from oil and gas
projects to subdivisions in the green and alternative energy sub-sectors.

The Company has oil and gas production in two geographical markets: Argentina
and the United States, as well as exploration assets in both Argentina and
Paraguay. The Company also has two separate subdivisions which are focused on
early-stage opportunities in the green and/or alternative energy sub-sector.

Activities in the green and alternative energy space are being carried out
under the Green House Capital brand and through AIM listed ATOME Energy PLC
operating in Paraguay and Iceland, producing green hydrogen and ammonia for
use in fuels.

With a strong strategic and institutional base of support, an in-country
management team as well as the Chairman whose interests as the largest
shareholder are aligned to those of its shareholders, Molecular gives UK
investors access to an energy growth story combined with world class standards
of corporate governance, environmental and social responsibility.

 

[The information contained within this announcement is deemed by the Company
to constitute inside information as stipulated under the Market Abuse
Regulations (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of
the European Union (Withdrawal) Act 2018 ("UK MAR"). The person who arranged
for the release of this announcement on behalf of the Company was Peter
Levine, Chairman.]

 

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