REG - Sunda Energy PLC - Acquisition Deposit and Change of Control

Sunda EnergyAnnouncement

Tue 07:02

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RNS Number : 2786A  Sunda Energy PLC  14 April 2026

14 April 2026

 

Sunda Energy plc

("Sunda" or the "Company")

 

Payment of deposit for New Zealand acquisition and submission of change of
control application

 

Sunda Energy plc (AIM: SNDA), the AIM-quoted exploration and appraisal company
focused on oil and gas assets in the Asia-Pacific region, is pleased to
confirm that, further to the announcement on 8 April 2026 of the conditional
acquisition of Matahio Energy NZ Limited and its subsidiary companies that own
and operate 100% of a group of production and exploration permits in New
Zealand, the Company has paid the initial deposit to the seller, Matahio
Ventures Pte. Limited, in the amount of US$1.5 million.

 

Sunda is further pleased to inform that the Company has submitted to the New
Zealand government authorities the application for consent for the change of
control of the operating companies of the production and exploration permits,
in line with the requirements set out in the Crown Minerals Act of New
Zealand.

 

ENDS

 

For further information, please contact:

 Sunda Energy Plc                                                   Tel: +44 (0) 20 7770 6424

 Andy Butler, Chief Executive

 Rob Collins, Chief Financial Officer

 Allenby Capital Limited (Nominated Adviser and Joint Broker)       Tel: +44 (0) 203 328 5656

 Nick Athanas, Nick Harriss, Ashur Joseph (Corporate Finance)

 Kelly Gardiner (Sales and Corporate Broking)

 Hannam & Partners Advisory Limited (Advisor and Joint Broker)      Tel: +44 (0) 20 7907 8502

 Neil Passmore (Corporate Finance)

 Leif Powis (Sales)

 Celicourt Communications (Financial PR and IR)                     Tel: +44 (0) 20 7770 6424

 Mark Antelme, Philip Dennis, Charles Denley-Myerson                sunda@celicourt.uk

 

Further information on the Company can be found on its website at
sundaenergy.com

 

 

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