REG - Prospex Energy PLC - Appointment of Fox-Davies as Corporate Broker

Prospex EnergyAnnouncement

05/06/2023 07:00

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RNS Number : 5532B  Prospex Energy PLC  05 June 2023

Prospex Energy PLC / Index: AIM / Epic: PXEN / Sector: Oil and Gas

 

5 June 2023

 

Prospex Energy PLC

('Prospex' or the 'Company')

 

Appointment of Fox-Davies as Corporate Broker

 

Prospex Energy PLC, the AIM quoted investment company focused on European gas
and power projects, is pleased to announce the appointment of Fox-Davies
Capital Limited ('Fox-Davies'), effective 1 June 2023, as Joint Corporate
Broker to the Company.

 

As part of an enhanced package of services Fox Davies will, among other
things, initiate research on Prospex, with periodic updates on corporate
developments and assist with the Company's market communications.

 

Fox-Davies is acting in a Joint Corporate Broker capacity alongside VSA
Capital Limited.

 

Mark Routh, Prospex's CEO, commented:

"We are extremely pleased to be taking on Fox-Davies as our joint corporate
broker.  Fox-Davies is a specialist in the natural resources sector and will
provide the Company with an enhanced package of services including the
preparation of an analyst's research note on the Company for our existing and
potential investors.

 

"Fox-Davies will also provide Prospex with invaluable market intelligence in
the energy and resources sector, generally enhancing the Company's investor
relations and market reach.  I am excited to be working closely with the team
at Fox-Davies in the coming months as we increase our natural gas production
and cash flow from our asset portfolio in both Italy and Spain."

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR") and is disclosed
in accordance with the Company's obligations under Article 17 of MAR.

 

* * ENDS * *

 

For further information visit www.prospex.energy (http://www.prospex.energy)
or contact the following:

 

 Mark Routh                                    Prospex Energy PLC            Tel: +44 (Tel:+44) (0) 20 7236 1177
 Ritchie Balmer                                Strand Hanson Limited         Tel: +44 (0) 20 7409 3494

Rory Murphy
 Jerry Keen                                    Fox-Davies Capital Limited    Tel: +44 (0) 20 3884 7447
 Andrew Monk (Corporate Broking)               VSA Capital Limited           Tel: +44 (0) 20 3005 5000

Andrew Raca/Alex Cabral (Corporate Finance)
 Susie Geliher                                 St Brides Partners Limited    Tel: +44 (0) 20 7236 1177

Ana Ribeiro

 

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