REG-Petrofac Limited Petrofac Limited: COURT OF APPEAL UPHOLDS APPEAL AGAINST RESTRUCTURING PLAN

PetrofacAnnouncement

Tue 11:00

============

   Petrofac Limited ( PFC)
   Petrofac Limited: COURT OF APPEAL UPHOLDS APPEAL AGAINST RESTRUCTURING
   PLAN

   01-Jul-2025 / 10:59 GMT/BST

   ══════════════════════════════════════════════════════════════════════════

    

                          TUESDAY 1 JULY, 1000 UK TIME

                                        

                 THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

           COURT OF APPEAL UPHOLDS APPEAL AGAINST RESTRUCTURING PLAN

   The Court  of  Appeal has  today  upheld  an appeal,  brought  by  certain
   creditors connected with the  Thai Oil project, against  the Order of  the
   High Court which  sanctioned the Restructuring  Plans of Petrofac  Limited
   and Petrofac International (UAE) LLC.

   The appeal was upheld on narrow grounds associated with the terms of the
   New Money financing and the evidence provided in support of it, that had
   previously been accepted by the High Court. All other grounds of appeal
   were unsuccessful.

   The Company is carefully studying the detailed judgment, which was made
   available to it this morning, and will discuss with key stakeholders the
   implications of the judgment and potential routes forward.

   The Company will provide further updates in due course.

    

   ENDS

   ══════════════════════════════════════════════════════════════════════════

   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

   ══════════════════════════════════════════════════════════════════════════

   ISIN:          GB00B0H2K534
   Category Code: MSCU
   TIDM:          PFC
   LEI Code:      2138004624W8CKCSJ177
   Sequence No.:  394517
   EQS News ID:   2163284


    
   End of Announcement EQS News Service

   ══════════════════════════════════════════════════════════════════════════


============