San Leon Energy PLC Arbitration Update (9249V)
April 21 2016 - 6:27AM
UK Regulatory
TIDMSLE
RNS Number : 9249V
San Leon Energy PLC
21 April 2016
21 April 2016
San Leon Energy Plc
("San Leon" or "the Company")
Arbitration Update
As a supplement to the announcements dated 16 and 19 February
2016 concerning the ongoing dispute between certain of the
Company's subsidiaries, including Aurelian Oil & Gas Limited
(together, "Aurelian") and Avobone N.V. and Avobone Poland B.V.
(together, "Avobone"), on 19 April 2016 the Company received
particulars of an intended claim in the Irish courts from Avobone
against Aurelian. The particulars of the claim are as detailed in
the Company's announcement of 26 May 2015, and the Company's
approach to the dispute remains unchanged from the announcements
dated 16 and 19 February 2016.
The Company believes any action in Ireland to be inappropriate
as none of the Aurelian companies is incorporated in Ireland, does
business there, or has any material connection with that
jurisdiction.
Enquiries:
San Leon Energy plc
Oisin Fanning, Executive
Chairman +353 1291 6292
Brandon Hill Capital
Oliver Stansfield +44 (0) 20
Jonathan Evans 3463 5000
finnCap Ltd
Corporate Finance
Matt Goode
Christopher Raggett
Corporate Broking +44 (0) 20
Joanna Weaving 7220 0500
Macquarie Capital
(Europe) Limited +44 (0) 20
Jon Fitzpatrick 3037 2000
Vigo Communications
Financial Public
Relations
Chris McMahon +44 (0) 20
Alexandra Roper 7830 9700
Plunkett Public Relations +353 (0) 1
Sharon Plunkett 280 7873
www.sanleonenergy.com
This information is provided by RNS
The company news service from the London Stock Exchange
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