Contango Holdings Plc / Index: LSE / Epic: CGO / Sector: Natural Resources
4 December 2024
Contango Holdings PLC
("Contango" or the "Company")
Restoration of Trading
Contango Holdings Plc, a company focused on unlocking value from the +2 billion tonne Muchesu coal project in Zimbabwe ("Muchesu"), advises that following the publication of the Company's Annual Report for the year ending 31 May 2024 on 22 November 2024 and an application by the Company for the suspension to be lifted, the Company's shares will be restored to the Equity Shares (Transition) category of the Official List and to trading on the Main Market of the London Stock Exchange today.
The Company provided an operational, financial and corporate update on 29 November 2024 that contains a detailed overview on current matters the Company are progressing.
Carl Esprey, CEO Of Contango, commented,
"I am pleased to confirm the recommencement of trading, which also coincides with a number of positive developments at Muchesu, including the commencement of operations through the recently installed 3,000 tonne per day Dense Media Separation plant and the expectation of our first royalty payment this month. I look forward to providing further updates as appropriate over the coming weeks."
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
**ENDS**
| Contango Holdings plc Chief Executive Officer Carl Esprey
| E: contango@stbridespartners.co.uk |
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| Tavira Financial Limited Financial Adviser & Broker Jonathan Evans | T: +44 (0)20 7100 5100 |
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| St Brides Partners Ltd Financial PR & Investor Relations Susie Geliher | T: +44 (0)20 7236 1177 |
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