REG-Genel Energy PLC Genel Energy PLC: Report on payments to governments for the year 2025

Genel EnergyAnnouncement

26/03/2026 10:15

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   Genel Energy PLC (GENL)
   Genel Energy PLC: Report on payments to governments for the year 2025

   26-March-2026 / 10:00 GMT/BST

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   26 March 2026

     

                                Genel Energy plc

                                        

              Report on payments to governments for the year 2025

   Introduction and basis for preparation

   This report sets out details of the payments made to governments by  Genel
   Energy plc and its subsidiary undertakings (‘Genel’) for the year ended 31
   December 2025 as required under  the Disclosure and Transparency Rules  of
   the UK Financial Conduct Authority (the ‘DTRs’) and in accordance with our
   interpretation of  the Industry  Guidance issued  for the  UK’s Report  on
   Payments to  Governments Regulations  2014, as  amended in  December  2015
   (‘the Regulations’). The DTRs require companies in the UK and operating in
   the extractives sector to publicly  disclose payments made to  governments
   in  the   countries  where   they  undertake   exploration,   prospection,
   development and  extraction  of oil  and  natural gas  deposits  or  other
   materials.

   This report is available to download at www.genelenergy.com

    

   Licence fees

    

   These are fees and other sums  paid as required by the licence  agreements
   in relation  to  exploration  rental,  social  development,  training  and
   technology transfer.

    

   Materiality threshold

   Total payments below £86,000 made to a government are excluded from this
   report as permitted under the Regulations.

    

    

   payments to governments – 2025

    

                                       Somaliland Morocco

   Country/Licence                     SL10B/13   LAGZIRA

                                       Total      Total
                                                   
   Licence rental ($’000)              90         -
   Licence training ($’000)            50         133
   Social development payments ($’000) 50         -
   Total ($’000)                       190        133

    

    

                                     -ends-

    

   Enquiries:

    

   Genel Energy
                       +44 20 7659 5100
   Luke Clements, CFO
                        
   Vigo Communications
                       +44 20 7390 0230
   Patrick d’Ancona

    

   Notes to editors:

    

   Genel Energy is a socially responsible oil producer listed on the main
   market of the London Stock Exchange (LSE: GENL, LEI:
   549300IVCJDWC3LR8F94). For further information, please refer to
   www.genelenergy.com 

    

    

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   ISIN:          JE00B55Q3P39, NO0010894330
   Category Code: MSCL
   TIDM:          GENL
   LEI Code:      549300IVCJDWC3LR8F94
   Sequence No.:  422268
   EQS News ID:   2298352


    
   End of Announcement EQS News Service

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References

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