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Angus Energy Plc
Jun 13, 2022 at 4:12 PM UTC
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Angus Energy: Results of GM

THIS IS AN ANNOUNCEMENT UNDER RULE 2.4 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "TAKEOVER CODE") AND IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE TAKEOVER CODE AND THERE CAN BE NO CERTAINTY THAT AN OFFER WILL BE MADE, NOR AS TO THE TERMS ON WHICH ANY OFFER MIGHT BE MADE.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR"), AND IS DISCLOSED IN ACCORDANCE WITH THE COMPANY'S OBLIGATIONS UNDER ARTICLE 17 OF MAR.

13 June 2022

Angus Energy Plc

("Angus Energy", "Angus" or the "Company")

Results of GM

Angus Energy (AIM: ANGS) is pleased to announce that at the Company's General Mee ng held earlier today all resolu ons were passed.

Further to the announcement of 24 May 2022, the Company now has the authority to complete the condi onal subscrip on, already advised to the market, and a further announcement will shortly be made following funding and the Admission date.

END.

Enquiries:

Angus Energy Plc

www.angusenergy.co.uk

George Lucan

Tel: +44 (0) 208 899 6380

Beaumont Cornish (Nomad)

www.beaumontcornish.com

James Biddle/ Roland Cornish

Tel: +44 (0) 207 628 3396

WH Ireland Limited (Broker)

Katy Mitchell/ Harry Ansell

Tel: +44 (0) 113 394 6600

Flagstaff PR/IR

angus@flagstaffcomms.com

Tim Thompson

Tel: +44 (0) 207 129 1474

Fergus Mellon

Aleph Commodi es

info@alephcommodi es.com

Notes

About Angus Energy plc

Angus Energy plc is a UK AIM quoted independent onshore Energy Transi on company with a complementary por olio of clean gas development assets, onshore geothermal projects, and legacy oil producing fields. Angus is focused on becoming a leading onshore UK diversified clean energy and energy infrastructure company. Angus Energy has a 100% interest in the Sal leetby Gas Field (PEDL005), majority owns and operates conven onal oil produc on fields at Brockham (PL 235) and Lidsey (PL 241) and has a 25% interest in the Balcombe Licence (PEDL244). Angus Energy operates all fields in which it has an interest.

Important No ces

This announcement contains 'forward-looking statements' concerning the Company that are subject to risks and uncertain es. Generally, the words 'will', 'may', 'should', 'con nue', 'believes', 'targets', 'plans', 'expects', 'aims', 'intends', 'an cipates' or similar expressions or nega ves thereof iden fy forward-looking statements. These forward-looking statements involve risks and uncertain es that could cause actual results to differ materially from those expressed in the forward-looking statements. Many of these risks and uncertain es relate to factors that are beyond the Company's ability to control or es mate precisely. The Company cannot give any assurance that such forward- looking statements will prove to have been correct. The reader is cau oned not to place undue reliance on these forward-looking statements, which speak only as of the date of this announcement. The Company does not undertake any obliga on to update or revise publicly any of the forward-looking statements set out herein, whether as a result of new informa on, future events or otherwise, except to the extent legally required.

Nothing contained herein shall be deemed to be a forecast, projec on or es mate of the future financial performance of the Company.