Business
Financial Restructuring Update
Angus Energy PLC has provided an update on its financial restructuring, stating that while legally binding documentation is progressing slower than anticipated, the company is confident the process will conclude in the coming weeks, which is expected to materially strengthen its balance sheet, enhance liquidity, and establish a more sustainable long-term capital structure. Trading in the company's shares on AIM remains suspended and will resume upon completion of the restructuring. Disclaimer*
About this update from Angus Energy Plc
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN. 4 June 2026 Angus Energy PLC ("Angus Energy", the "Company" or together with its subsidiaries, the "Group") (AIM:ANGS) Financial Restructuring Update Angus Energy announces that further to previous announcements (most recently on 20 April 2026), the Company continues to make good progress on the legally binding documentation associated with its proposed financial restructuring. Although progress to final binding agreements has been slower than anticipated, the Company is confident that the restructuring process will conclude in the coming weeks. Upon execution, the proposed restructuring is expected to materially strengthen the Group's balance sheet, enhance liquidity, and establish a more sustainable long-term capital structure. In the meantime, the Board continues to prudently manage working capital in close coordination with its lenders. Suspension of Trading on AIM Trading in the Company's shares on AIM will resume on completion of the restructuring. The Board remains focused on strengthening the Company's long-term position and will provide further updates as the restructuring progresses. END For further information please visit www.angusenergy.co.uk. Angus Energy Plc Carlos Fernandes Finance Director Via Flagstaff SP Angel Corporate Finance LLP (Nomad and Broker) www.spangel.co.uk Stuart Gledhill / ...