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01.07.2025 11:59:45
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Petrofac Limited: COURT OF APPEAL UPHOLDS APPEAL AGAINST RESTRUCTURING PLAN
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Petrofac Limited ( PFC)
TUESDAY 1 JULY, 1000 UK TIME
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION COURT OF APPEAL UPHOLDS APPEAL AGAINST RESTRUCTURING PLAN
The appeal was upheld on narrow grounds associated with the terms of the New Money financing and the evidence provided in support of it, that had previously been accepted by the High Court. All other grounds of appeal were unsuccessful. The Company is carefully studying the detailed judgment, which was made available to it this morning, and will discuss with key stakeholders the implications of the judgment and potential routes forward. The Company will provide further updates in due course.
ENDS Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. |
| ISIN: | GB00B0H2K534 |
| Category Code: | MSCU |
| TIDM: | PFC |
| LEI Code: | 2138004624W8CKCSJ177 |
| Sequence No.: | 394517 |
| EQS News ID: | 2163284 |
| End of Announcement | EQS News Service |
|
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Nachrichten zu Petrofac LtdShs
|
01.07.25 |
Petrofac Limited: COURT OF APPEAL UPHOLDS APPEAL AGAINST RESTRUCTURING PLAN (EQS Group) | |
|
20.05.25 |
Petrofac Limited: HIGH COURT SANCTIONS FINANCIAL RESTRUCTURING PLAN (EQS Group) | |
|
28.04.25 |
Petrofac Limited: RESULT OF GENERAL MEETING AND PLAN MEETINGS (EQS Group) | |
|
11.04.25 |
Petrofac Limited: Publication of Circular to Shareholders and Notice of General Meeting (EQS Group) | |
|
09.04.25 |
Petrofac Limited: Director/PDMR shareholding (EQS Group) | |
|
31.03.25 |
Petrofac Limited: NOTICE OF PLAN MEETINGS (EQS Group) | |
|
21.03.25 |
Petrofac Limited: FINANCIAL RESTRUCTURING: UPDATE ON COURT PROCESS AND 2024 RESULTS TIMETABLE (EQS Group) | |
|
18.03.25 |
Petrofac Limited: Director/PDMR shareholding (EQS Group) |
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