Announcement • Oct 05
Barryroe Offshore Energy plc Announces Resignation of Colin Christie as Chief Financial Officer Barryroe Offshore Energy plc announced that Colin Christie has stood down as Chief Financial Officer and has now left the Company. Announcement • Jul 01
Barryroe Offshore Energy to Cancel the Admission of its Ordinary Shares to Trading on AIM and Euronext Growth As stated in the announcement of 19 June 2023, the Board of Barryroe, intends to initiate an orderly wind down of the business through a Creditors Voluntary Liquidation (CVL). As well as the CVL the Company proposes to seek Shareholder consent to cancel the admission of the Company's ordinary shares (the "Ordinary Shares") to trading on AIM and Euronext Growth (the Cancellation). The Company will therefore later be posting a circular to shareholders (Circular) in connection with the proposed CVL and Cancellation. In the event the CVL resolution is passed, the Company will be voluntarily wound up following the appointment of the Liquidator. In the event that the Cancellation Resolution is passed and the Admission of the Company's Ordinary Shares to trading on AIM and Euronext Growth is cancelled, Shareholders will no longer be able to buy and sell Ordinary Shares in the Company through AIM or Euronext Growth. Accordingly, the Company would no longer be subject to the rules and corporate governance requirements to which companies admitted to trading on AIM and Euronext Growth are subject (and accordingly shareholders will no longer be afforded the protections given by the AIM Rules or the Euronext Growth Rules). Davy will cease to be the Company's nominated adviser and broker. Given the Company's intention to proceed with the appointment of a Liquidator, there will be no formal market for shareholders to effect transactions in the Company's shares following Cancellation. In accordance with the AIM Rules and the Euronext Growth Rules, the Company has notified the London Stock Exchange plc and Euronext of the proposed Cancellation. Pursuant to the AIM Rules and the Euronext Growth Rules, the Cancellation can only be effected by the Company after securing a resolution of shareholders in a general meeting passed by a requisite majority, being not less than 75% of the votes cast by shareholders (in person or by proxy). Under the AIM Rules and Euronext Growth Rules, the Cancellation can only take place after the expiry of a period of twenty Business Days from the date on which notice of the Cancellation is given. In addition, a period of at least five Business Days following the shareholder approval of the Cancellation is required before the Cancellation may be put into effect. Accordingly, if the Resolution to cancel the Admission is approved, the Cancellation will become effective at 7.00 a.m. on 1 August 2023. Announcement • Feb 02
Barryroe Offshore Energy P.l.c. Announces the Appointment of Alan Curran as Chief Executive The Board of Barryroe Offshore Energy P.l.c. announced it has confirmed the appointment of Alan Curran as Chief Executive. Alan Curran has held the role of Interim Chief Executive since 4 July 2022. 