REG - Petro Matad Ltd - Change of Adviser

Petro MatadAnnouncement

19/01/2023 07:00

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RNS Number : 1864N  Petro Matad Limited  19 January 2023

19 January 2023

 

Petro Matad Limited

("Petro Matad" or "the Company")

Change of Adviser

 

Petro Matad (AIM: MATD), the AIM quoted Mongolian oil company, announces the
appointment of Zeus Capital Limited as Joint Broker, with immediate effect.
This follows the completion of the acquisition of Arden Partners plc by Zeus
Group Limited on 16 January 2023.

 

For further information please contact:

 Petro Matad Limited                                  +976 7014 1099 / +976 7575 1099
 Mike Buck, CEO

 Shore Capital (Nominated Adviser and Joint Broker)   +44 (0)20 7408 4090
 Toby Gibbs
 John More

 Zeus Capital Limited (Joint Broker)                 +44 (0)20 3829 5000
 Simon Johnson
 Louisa Waddell

 FTI Consulting (Communications Advisory Firm)       +44 (0)20 3727 1000
 Ben Brewerton
 Christopher Laing

 

About Petro Matad

Petro Matad is the parent company of a group focussed on oil exploration, as
well as future development and production in Mongolia. At the current time,
Petro Matad holds 100% working interest and the operatorship of two Production
Sharing Contracts with the Government of Mongolia. Block XX has an area of 218
square kilometres in the far eastern part of the country and Block V has an
area of 7,937 square kilometres in the central western part of the country.

Petro Matad Limited is incorporated in the Isle of Man under company number
1483V. Its registered office is at Victory House, Prospect Hill, Douglas, Isle
of Man, IM1 1EQ.

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