Corporate Update & Annual Report & Accounts Update

26 June 2024

Coro Energy Plc

("Coro" or the "Company" and together with its subsidiaries the "Group")

Corporate Update and Update re Annual Report and Accounts

Coro Energy PLC, the South East Asian energy company with a natural gas and clean energy portfolio, announces that, further to the announcement of 24 April 2024, it has now identified an intended additional Director for appointment to the Coro board. The process in respect of his appointment is progressing well and is expected to be completed prior to 5 July 2024. 

As a result the Company also announces that, with the board not being quorate prior to the appointment of an additional Director, the Company's Annual Report and Accounts for the year ended 31 December 2023 (the "2023 Annual Report") will not now be published by 30 June 2024. Once the additional Director is appointed, the board's first business will be to review and conclude the 2023 Annual Report. It is expected that the 2023 Annual Report will be published during July 2024, after which the Company expects its suspension from trading on the AIM Market of the London Stock Exchange to be lifted.

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The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the UK version of the EU Market Abuse Regulation 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended and supplemented from time to time. Upon the publication of this announcement, this inside information is now considered to be in the public domain.