AIM Rule 26

Description of Business

Challenger Energy is an atlantic margin focused energy company. The Company’s primary focus is on its high-impact Uruguay exploration acreage. The Company also has onshore production assets in Trinidad, and legacy exploration assets in The Bahamas.

As an AIM quoted company, Challenger Energy is not required to comply with the requirements of The UK Corporate Governance Code (the “Code”). However, the Board recognises the importance of the high standards of good corporate governance prescribed in this Code and seeks to apply its principles, in so far as practicable, having regard to the Group’s current size, stage of development and resources. The Board is accountable to the Company’s shareholders and takes account of the Code and the QCA’s Corporate Governance Code for Small and Mid-Size Quoted Companies 2013 to the extent it is considered appropriate.

Challenger Energy’s current corporate governance arrangements are summarised in the Corporate Governance link below.

Challenger Energy is subject to the UK City Code on Takeovers and Mergers.

Country of Incorporation and Operations

Challenger Energy Group PLC is incorporated in the Isle of Man with Company Number 123863C, at The Engine House, Alexandra Road, Castletown Isle of Man, IM9 1TG. Challenger Energy’s main countries of operation are Uruguay, Trinidad and Tobago, The Bahamas and The United Kingdom.

As the Company is incorporated under the laws of the Isle of Man the rights of shareholders may be different from the rights of shareholders in a company incorporated in the United Kingdom.

Details of other exchanges or trading platforms

The Company’s shares are traded on AIM under the ticker code CEG.

Details of any restrictions on the transfer of securities

There are no restrictions on the transfer of securities.

Documents & Announcements

Constitutional Documents
Regulatory News
Media Relations

Securities Information

Website updated on 1 November 2024