Capricorn Energy PLC · LSE:CNE
Capricorn Energy — Shareholder Meeting (May 2024)
5 slides from Capricorn Energy's shareholder meeting presentation, May 23, 2024
Slide 1: Annual General Meeting 2024
Annual General Meeting 2024 Capricorn Energy PLC 23 May 2024
Slide 2: Disclaimer
Disclaimer These materials contain forward-looking statements regarding Capricorn, our corporate plans, future financial condition, future results of operations, future business plans and strategies. All such forward-looking statements are based on our management's assumptions and beliefs in the lig
Slide 3: Transformation delivered; foundations strengthened
2024 AGM Transformation delivered; foundations strengthened • $50m shareholder return expected to be paid 7 June, 2024 • Strengthening working relationships in Egypt • Egypt investment activity = cash availability • Positive Egypt collections in Q1/24 • Optimised Production and Development programme
Slide 4: Tangible value versus market capitalisation
2024 AGM Tangible Value** >$162m 500 • Working with Partner to maximise Egyptian $270m 400 asset potential and progress PSC terms GBp/share Columbus NPV15 $14m 300 • Strong Working Market Cap. $232m* (20.05.24) 200 Capital position • Investment in Egypt 100 aligned with funds available in country •
Slide 5: www.capricornenergy.com
Capricorn www.capricornenergy.com