AIM Rule 26 Information

The following information and links are provided for the purposes of AIM rule 26.

Business description

Coro Energy is european oil and gas company focused on delivering long-term production of natural gas. Coro has three gas projects in Italy: Sillaro, Bezzecca and Sant'Alberto. 

Current constitutional document

Admission Document

Articles of Association 

Presentations

Coro Energy Investor Presentation

Links to key pages

Board of Directors 

Corporate Governance 

Regulatory News

Significant shareholders

Shareholder Ordinary Shares Share Capital

CIP Merchant Capital Ltd - 150,684,929 - 21.97 per cent.

Lombard Odier Asset Management (Europe) Limited - 108,235,156 - 15.06 per cent.

Po Valley Energy Limited* - 100,000,000 - 13.92 per cent.

Oil and Gas Investment Fund SAS (OGIF SAS) - 49,759,476 - 6.9 per cent.

Cazadores Investments Ltd - 34,246,575 - 4.77 per cent.

* Assuming that Po Valley Energy Limited does not distribute its shares by way of capital reduction. Should Po Valley Energy proceed with the Po Valley Energy Capital Reduction, which the Company understands it intends to do shortly after Admission and assuming Po Valley Energy distributes the Ordinary Shares it currently holds in full, Michael Masterman would hold 26,412,190 Ordinary Shares (representing 3.68 per cent. of the Enlarged Share Capital) and Kevin Bailey would hold 22,372,676 Ordinary Shares (representing 3.12 per cent. of the Enlarged Share Capital), in each case assuming no issue of Ordinary Shares between the date of Admission and the date of completion of the Po Valley Energy Capital Reduction.

Advisors

Auditors

PKF Littlejohn LLP
1 Westferry Circus
Canary Wharf
London
E14 4HD
United Kingdom

NOMAD

Grant Thornton UK LLP
30 Finsbury Square
London
EC2P 2YU
United Kingdom

Broker

Turner Pope Investments
6th Floor, Becket House, 36 Old Jewry 
London
EC2R 8DD
United Kingdom

Lawyers

Watson Farley & Williams LLP
15 Appold Street
London
EC2A 2HB
United Kingdom

Share Registrars

Share Registrars Limited
27-28 East Castle Street
London
W1W 8DH
United Kingdom

Company Secretary

AMBA Secretaries Limited
400 Thames Valley Park Drive
Thames Valley Park
Reading
RG6 1PT
United Kingdom

Key information

Country of incorporation and main country of operations

Country of incorporation: England and Wales

Company registration number: 10472005

Main country of operation: Italy

Registered address

40 George Street
Marylebone
London
W1U 7DW
United Kingdom

Shares not in public hands

In accordance with AIM Rule 26, in so far as the Company is aware as at 2 May 2018, the percentage of the Company's issued share capital that is not in public hands is 35.1%.

Details of restrictions of the transfer of securities

There are no restrictions on the transfer of ordinary shares.

Details of any other exchanges

The securities of the Company are solely traded on the AIM market operated by London Stock Exchange Plc. Its shares have not been admitted, nor have any applications been made, for any of its shares to be admitted or traded on any other exchanges or trading platform.

Number of securities in issue

 The number of securities in issue is 718,522,049.

There are no Ordinary Shares held in treasury and therefore the number of Ordinary Shares with voting rights is 718,522,049.

UK takeover code applicability

The UK City Code on Takeovers and Mergers applies to the Company.

Voting shares

Voting rights: 718,522,049

Shares not in public hands: 252,268,923 which represent 35.1% of shares in issue