Exillon Energy Plc Statement on Bank Ugra (4371L)
July 19 2017 - 2:00AM
UK Regulatory
TIDMEXI
RNS Number : 4371L
Exillon Energy Plc
19 July 2017
Exillon Energy plc
Statement on Bank Ugra
19 July 2017 - Exillon Energy plc ("Exillon Energy", the
"Company" or the "Group") (EXI.LN), a London Premium listed oil
producer with assets in two oil-rich regions of Russia,
Timan-Pechora ("Exillon TP") and West Siberia ("Exillon WS"), notes
the Central Bank of Russia's decision to place Bank Ugra under
provisional administration.
The Company confirms that it does not have significant deposits
with Bank Ugra, and that irrespective of the eventual outcome of
the administrative processes being carried out, the Company
believes that its financial exposure to Bank Ugra is
immaterial.
Media contacts:
Tom Blackwell, EM
Blackwell@em-comms.com
+7 919 102 9064
This information is provided by RNS
The company news service from the London Stock Exchange
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