REG - Pennpetro Energy PLC - Update on Audit and Change of Broker

Pennpetro EnergyAnnouncement

13/03/2026 17:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260313:nRSM6627Wa&default-theme=true

RNS Number : 6627W  Pennpetro Energy PLC  13 March 2026

13 March 2026

Pennpetro Energy Plc

("Pennpetro" or the "Company")

Update on Audit for 2024/25 accounts and Change of Broker

Pennpetro Energy plc, the company focused on developing strategic traditional
and transition energy projects, is pleased to announce that it has received
the audited 2024/25 full year accounts from the Company's auditor late this
afternoon.  Due to the timing of receipt of the audit report, the directors
will review on Monday, next week.

Following review by the Board of Pennpetro, the Company expects to publish the
audited 2024/25 full year accounts early next week. Once the audited accounts
have been filed with Companies House, an Annual General Meeting will be
announced.

The delay to the publishing of the audited 2024/25 full year accounts means
that they will carry a reduced 'disclaimer of opinion' due to material
improvements in data and supporting documentation, than was available at
27/2/26, this having been provided by the Company.

Change of Broker

In addition, Pennpetro has today appointed Oak Securities as Broker to the
Company.

Details of shareholder call

The Company announces a shareholder call with management on 19 March 2026 at
18.30-19.30 UK time. To register for the meeting, please email
ppp@camarco.co.uk.

Richard Spinks, Executive Chairman of Pennpetro Energy, said: "I know that
shareholders have been eagerly awaiting the 2024/25 accounts, and as you know
the Board and management have been working closely with the auditors to
achieve this. We have taken additional time to gather information that would
satisfy the auditors allowing them to remove certain disclaimers of opinion on
the audit that we feel has measurably strengthened the quality and integrity
of the audit and the good standing of the Company in turn."

 

For further information, contact:

 Pennpetro Energy Plc                    c/o Camarco

 Richard Spinks                          +44 (0) 20 3757 4980

 OAK Securities - Broker                 +44 (0)20 3973 3678

 Jerry Keen, Head of Corporate Broking
 Camarco - Financial PR                  +44 (0) 20 3757 4980

 Andrew Turner | Fergus Young            ppp@camarco.co.uk

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  UPDBRGDXIXBDGLX



            Copyright 2019 Regulatory News Service, all rights reserved