Business
Update on Slovenia ECT Claim
Ascent Resources plc has announced an update regarding its Energy Charter Treaty claim against the Republic of Slovenia, stating that the arbitration tribunal has prepared a draft award, though it is not yet final due to the matter's complexity. The company expects to receive an update on the award's issuance timing around April 30, 2026, and will provide further announcements as necessary. Disclaimer*
About this update from Ascent Resources Plc
[{"type":"text","content":"\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY IN THE UNITED STATES, CANADA, JAPAN, SOUTH AFRICA OR IN ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. ANY FAILURE TO COMPLY WITH THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF APPLICABLE SECURITIES LAWS. PLEASE SEE THE SECTION ENTITLED \"IMPORTANT INFORMATION\" TOWARDS THE END OF THIS ANNOUNCEMENT.\n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION (EU) 596/2014 AS IT FORMS PART OF DOMESTIC LAW IN THE UNITED KINGDOM BY VIRTUE OF THE EU (WITHDRAWAL) ACT 2018 (\"MAR\"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n24 March 2026\nAscent Resources plc\n(\"Ascent\" or the \"Company\")\nUpdate on Slovenia ECT Claim\nAscent Resources Plc (LON: AST), the onshore US focused oil and gas company, is pleased to provide a short update on the Company's Energy Charter Treaty claim against the Republic of Slovenia. The Company has been advised by the International Centre for Settlement of Investment Disputes (\"ICSID\") that the arbitration tribunal have prepared a draft of an award, however due to the complexity of the matter this award is not yet final. The Company is advised that it expects to hear an update on the timing for the issuance of the award on or around 30 April 2026. Further updates will be announced as necessary.\n \nEnquiries\n\n\n\n\nAscent Resources plc\nJean-Michel Doublet\n\n\[email protected]\n \n\n\n\n\nZeus, Nominated Adviser & Broker\nJames Joyce / James Bavister\n\n\n0203 829 5000\n\n\n\n\nFortified Securities, Joint-Broker\nGuy Wheatley\n\n\n0203 411 7773\n\n\n\n\nShard Capital Partners LLP, Joint-Broker\nDamon Heath\n\n\n0207 186 9952\n\n\n\n\n \n\n","length":4099,"tagName":"div"}]