Announcement • Jun 15
Coro Energy plc, Annual General Meeting, Jul 07, 2026 Coro Energy plc, Annual General Meeting, Jul 07, 2026. Location: fieldfishers llps offices, 9th floor, riverbank house, 2 swan lane, ec4r 3tt, london United Kingdom Reported Earnings • Jun 11
Full year 2025 earnings released: EPS: US$0.026 (vs US$7.44 loss in FY 2024) Full year 2025 results: EPS: US$0.026 (up from US$7.44 loss in FY 2024). Net income: US$14.7m (up US$36.0m from FY 2024). Announcement • Aug 12
Coro Energy plc has completed a Follow-on Equity Offering in the amount of £0.032415 million. Coro Energy plc has completed a Follow-on Equity Offering in the amount of £0.032415 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,483,038
Price\Range: £0.005
Transaction Features: Regulation S Announcement • Jul 28
Coro Energy plc has completed a Follow-on Equity Offering in the amount of £1.645445 million. Coro Energy plc has completed a Follow-on Equity Offering in the amount of £1.645445 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 329,089,000
Price\Range: £0.005
Transaction Features: Regulation S; Subsequent Direct Listing Announcement • Jul 07
Coro Energy plc, Annual General Meeting, Jul 29, 2025 Coro Energy plc, Annual General Meeting, Jul 29, 2025. Location: the offices of fieldfisher llp, 9th floor, riverbank house, 2 swan lane, ec4r 3tt, london United Kingdom Announcement • Apr 11
An undisclosed buyer acquired an unknown minority stake in West Natuna Exploration Ltd from Coro Energy plc (AIM:CORO) An undisclosed buyer acquired an unknown minority stake in West Natuna Exploration Ltd from Coro Energy plc (AIM:CORO) on April 10, 2025.
An undisclosed buyer completed the acquisition of an unknown minority stake in West Natuna Exploration Ltd from Coro Energy plc (AIM:CORO) on April 10, 2025. Announcement • Feb 06
Coro Energy plc has completed a Follow-on Equity Offering in the amount of £2.100009 million. Coro Energy plc has completed a Follow-on Equity Offering in the amount of £2.100009 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 140,000,616
Price\Range: £0.015 Announcement • Feb 05
Coro Energy plc has completed a Follow-on Equity Offering in the amount of £0.126009 million. Coro Energy plc has completed a Follow-on Equity Offering in the amount of £0.126009 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,400,616
Price\Range: £0.015
Transaction Features: Regulation S New Risk • Sep 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shares are highly illiquid. Market cap is less than US$10m (€1.87m market cap, or US$2.08m). Reported Earnings • Sep 13
Full year 2023 earnings released: US$0.002 loss per share (vs US$0.004 loss in FY 2022) Full year 2023 results: US$0.002 loss per share (improved from US$0.004 loss in FY 2022). Net loss: US$5.02m (loss narrowed 38% from FY 2022). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Announcement • Jul 03
Coro Energy plc Announces Appointment of Harry Beamish as Independent Non-Executive Director Coro Energy plc announced that Harry Beamish has been appointed as Independent Non-Executive Director of the Company with immediate effect. Harry has significant expertise in the energy and renewables sectors with over a decade specialising in emerging markets.Harry has developed, advised and structured multiple renewable energy transactions across Hydro, Solar, Wind, and Energy Efficiency and advises companies within the Energy Transition space. Harry is the co-founder and Partner of Becquerel Capital, the development and structuring boutique focused on sustainable power infrastructure, with significant experience in Emerging Markets. Previously, Harry worked at Temporis Capital LLP, the impact investment manager specialising in renewable energy and clean technology. Prior to Temporis Capital, Harry worked within the origination team at CarbonDesk Limited, the Independent Emission Brokerage, between 2009 and 2011. Harry holds a master's degree in International Business and Finance from ESCP-EAP European School of Management. In addition to his appointment to the Coro Energy Board, Harry David De Courcy Beamish, aged 40, holds or has held the following directorships or partnerships in the past five years. Current: Becquerel Partners Limited. Becquerel Global Partners Limited. Becquerel Capital Sociedad Anónima Promotora De Inversión De Capital Variable Olympus Solar VI Ltd. Previous: Landmark Technology International Limited. Landmark Energy Systems Limited. Announcement • Apr 27
James Parsons No Longer Director of Coro Energy plc Coro Energy plc announced that the re-election of James Parsons as a Director of the Company, was not passed at the AGM. Accordingly Mr. Parsons is no longer a director of the Company. New Risk • Apr 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (50% average weekly change). Negative equity (-US$9.4m). Revenue is less than US$1m (US$167k revenue). Market cap is less than US$10m (€5.61m market cap, or US$5.97m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (12% increase in shares outstanding). Board Change • Feb 21
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Tom Richardson was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 19
Coro Energy plc Announces Executive Changes tCoro Energy plc announced Stephen Birrell and Naheed Menon, both Non-Executive Directors of the Company, have agreed to step down as directors of the Company by mutual consent with immediate effect. Mr. Birrell has taken on a full-time executive role subsequent to his appointment as a Director in 2022, which he needs to devote his energy to, whilst Ms. Menon will continue to support the Company's business development efforts as a consultant. Announcement • Nov 26
Coro Energy plc (AIM:CORO) entered into an agreement to acquire additional 7.5% stake in Coro Renewables Vietnam from Vinh Phuc Electrical Mechanical Installation Co Ltd for £0.28 million. Coro Energy plc (AIM:CORO) entered into an agreement to acquire additional 7.5% stake in Coro Renewables Vietnam from Vinh Phuc Electrical Mechanical Installation Co Ltd for £0.28 million on November 23, 2023. Under the terms, Coro Energy will pay $0.1 million (£0.08 million) in cash, £0.15 million in shares and a further contingent consideration of £0.05 million. Adrian Hadden and Ben Jeynes of Cavendish Capital Markets Limited and Jon Fitzpatrick and Doug Rycroft of Gneiss Energy Limited acted as financial advisors for Coro Energy. Announcement • Nov 09
Zodiac Energy Plc acquired Apennine Energy S.p.A from Coro Energy plc (AIM:CORO). Zodiac Energy Plc signed a Sale and Purchase Agreement to acquire Apennine Energy S.p.A from Coro Energy plc (AIM:CORO) for €7.5 million on March 26, 2023. The total consideration of €7.5 million includes contingent payments of up to an aggregate of €1.5 million. An initial cash payment of €1.5M will be made by Zodiac within 7 business days of signing the SPA. On Completion, Zodiac shall make a further payment of €2.2 million to Coro. As soon as practicable following Completion, Zodiac shall make a further payment of €2 million.The Disposal will be subject to a standard completion accounts mechanism and, if required, adjusted in accordance with the valuation provided in the final completion accounts which assumes Coro Europe and Apennine will be sold on a cash-free, debt-free basis. The transaction will be subject to Coro's shareholder approval. The transaction is subjected to regulatory approvals required by the Italian Ministry of Environment and of Energy Security. The SPA will terminate if the Conditions are not fulfilled by the Long Stop Date, or such other date as Zodiac and the Seller may agree. Adrian Hadden and Ben Jeynes of Cenkos Securities plc acted as nominated financial advisor to Coro. Jon Fitzpatrick and Doug Rycroft of Gneiss Energy Limited acted as a financial advisor to Coro.
Zodiac Energy Plc completed the acquisition of Apennine Energy S.p.A from Coro Energy plc (AIM:CORO) on November 8, 2023. The regulatory approval has received. Announcement • Jul 22
Coro Energy plc Appoints Tom Richardson as Non-Executive Director Coro Energy Plc announced that Tom Richardson will join the Boardas an Independent Non-Executive Director with immediate effect. Tom is an experienced oil and gas professional and is currently Chairman of Fenikso Limited. Tom Richardson holds no Ordinary Shares in the Company. Announcement • May 26
Coro Energy plc, Annual General Meeting, Jun 20, 2023 Coro Energy plc, Annual General Meeting, Jun 20, 2023, at 12:00 Coordinated Universal Time. Location: Pinsent Masons LLP, 30 Crown Place, Earl Street London EC2A 4ES London United Kingdom Reported Earnings • May 22
Full year 2022 earnings released: US$0.004 loss per share (vs US$0.003 loss in FY 2021) Full year 2022 results: US$0.004 loss per share (further deteriorated from US$0.003 loss in FY 2021). Net loss: US$8.12m (loss widened 25% from FY 2021). Announcement • Jan 28
Coro Energy plc Announces Philippines Renewables Restructuring Coro Energy plc announced that, in anticipation of and in preparation for achieving Ready to Build status in the company's two 100MW Philippines renewables projects, the Company has restructured its arrangements with its partners in country, increasing its dividend entitlement. The company has two development stage renewables projects in the Philippines, a 100MW solar project and a 100MW wind project which, allowing for permitting timelines, are 6 and 15 months respectively, away from achieving ready-to-build status. As announced on 16 January 2023, the Company is currently preparing its re-submission of a Wind Service Energy Contract which it expects to complete shortly. The company currently has an entitlement to 80% of the future dividends from the Philippines projects which has been increased to 88% under the restructuring agreement. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Stephen Birrell was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 09
Coro Energy plc Announces Approval of Updated Plan of Development Coro Energy PLC announced that the Indonesian Ministry of Energy and Mineral Resources has now approved the updated Plan of Development for the Mako Gas Project within the Duyung PSC (the "Updated Mako PoD"). Details of the Updated Mako PoD were announced by the Company on 9 September 2022. The Updated Mako PoD amends an initial Mako Gas Project PoD approved in 2018 to reflects, inter alia, previously announced increases in Contingent Resources following a successful 2019 drilling campaign. The award of the revised POD represents a material event in progressing the Mako Gas Project and is a significant milestone on the critical path to developing this significant resource, which is currently the largest undeveloped gas field in South Natuna Sea. The Updated Mako PoD is based on field Contingent Resources of 297 billion cubic feet (net attributable to 100% of the Duyung PSC Joint Venture) and a daily production of 120 MMscf/d, consistent with the GaffneyCline Associates competent persons report dated 26 August 2022, details of which were also announced by the Company on 9 September 2022. At present, there is no infrastructure to transmit gas from the Mako field to domestic markets in Indonesia, and hence under the Updated Mako PoD the export of production to Singapore, which is already connected to the West Natuna Gas Transportation System, has been approved until and unless such evacuation routes to Indonesia are built, at which point up to 25% of production may be allocated for domestic sale. The existing underutilised gas pipeline to Singapore expedites the development of the Mako gas field from which gas is expected to be produced from 2025. Announcement • Aug 24
Coro Energy plc Announces Executive Changes Coro Energy plc announced that Leonardo Salvadori, previously Coro's Managing Director - Italy, has been appointed Managing Director - Oil & Gas, with overall and extended operational responsibility for the Company's hydrocarbon assets across both Asia and Italy, and Michael Carrington, previously Coro's Chief Operating Officer, has been appointed as Managing Director - Renewables. Michael Carrington will have overall operational responsibility for the Company's renewable energy interests. Both Leonardo Salvadori and Michael Carrington will become non-board Group PDMRs and Ewen Ainsworth, the Company's existing Chief Financial Officer, will continue to report directly to the Coro Board. Reflecting the change in operational management structure, Mark Hood has been appointed as a non-executive director of the Company and Country Chairman - Philippines, with immediate effect. In his new capacities Mark will continue to provide the Company with access to his strong relationships and connectivity in the region whilst supporting the progress in the Philippines on both the renewables and hydrocarbons portfolio. Announcement • May 28
Coro Energy plc Provides Update on Italian Production Enhancement Operations and Sillaro Production Coro Energy Plc provided an update on its planned production enhancement operations and on the Sillaro gas field following a period of unexpectedly hot local weather. Planned Production Enhancement Operations: As previously announced, the Company is assessing various production enhancement operations, including, reservoir interval reperforation at Rapagnano, borehole clean-up at Casa Tiberi and the potential near-term sale of gas at Casa Tonetto via trucks. In anticipation of these operations the Company has initiated a slick line campaign which is ongoing with early conclusions as follows: At Rapagnano, the slick line measurements are complete and management is encouraged by the results. Consequently, the Company intends to commission an independent competent persons' report to establish estimated resources in due course. The work to date supports the planned well work-over to reperforate the producing interval, which is scheduled for August 2022 and is expected to significantly enhance the well production performance. At Casa Tiberi, a slick line job is underway with a view to removing the downhole sediments that were obstructing the gas flow. The well will be shortly put back in production which is expected to be in line with historic levels. At Casa Tonetto, the slick line measurements have been completed and indicate very encouraging wellhead pressure and downhole gradient measurements, supporting the well re-opening to recover remaining gas reserves by delivering the gas production to tank wagons (at historic gas prices the economics of the well did not merit the construction of the required pipelines infrastructure for development). The Board is hopeful of restarting production during the summer at initial rates of up to 2,000 scm/d. Sillaro Gas Field: Due to unexpectedly high temperatures in Italy over the last few days, gas production at Sillaro has seen an increase of moisture which is outside of the specification for the gas pipeline. The well has therefore been temporarily suspended whilst remedial options are evaluated and implemented to ensure that gas production is fully compliant with the systems used for transporting the sales gas. The Company is assessing various solutions to this problem and expects this issue to be resolved shortly. Announcement • May 21
Coro Energy plc, Annual General Meeting, Jun 14, 2022 Coro Energy plc, Annual General Meeting, Jun 14, 2022, at 12:30 Coordinated Universal Time. Location: Pinsent Masons LLP, 30 Crown Place, Earl Street, London EC2A 4ES London United Kingdom Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Stephen Birrell was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 07
Coro Energy plc Announces Re-Launch of Italian Portfolio Coro Energy plc provided an update on the re-launch of the Company's Italian portfolio following the termination of the previously agreed sale process. Highlights: Italian gas prices have now reached circa €1.55 per scm, a 700% rise over the last 12 months. The Company now expects to generate in excess of €5 million per annum free cash flow from its Italian portfolio once Sillaro is brought back into production, expected in March 2022. Following termination of the conditional sale and purchase agreement between the Company and Dubai Energy Partners Inc. for the disposal of the Company's Italian portfolio and, in light of the new economic outlook for the business, the Company has terminated the previously agreed sale process and will not be marketing the Italian portfolio for sale. Cash flows from the Italian portfolio will support Coro's South East Asian growth strategy. As previously announced on 28 February 2022, the Company had entered into a 5 business day, good faith consultation period with DEPI, an international oil and gas company focused on the acquisition of undervalued producing assets, in respect of the SPA. That consultation period concluded without the parties having agreed a means by which the SPA may proceed to completion. Accordingly, Coro has now terminated the SPA. While the Company's strategic focus remains pursuing energy transition opportunities in South East Asia, the recent increase in gas prices in Europe and beyond provides a compelling case to re-launch the Italian portfolio to provide a strong financial platform for the Company which has the ability to generate cash flows for deployment by the Company into energy transition opportunities in South East Asia. The Board and Coro's executive team, having completed a full review of the Italian assets, have agreed that to maximise shareholder value, the assets will no longer be marketed for sale and will instead be managed for value and cash flow. Board Change • Jul 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non Executive Director MacAulay Barkham was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 28
Dubai Energy Partners, Inc entered into a binding, conditional sale and purchase agreement to acquire Apennine Energy Srl from Coro Energy plc (AIM:CORO) for €0.3 million. Dubai Energy Partners, Inc entered into a binding, conditional sale and purchase agreement to acquire Apennine Energy Srl from Coro Energy plc (AIM:CORO) for €0.3 million on May 26, 2021. Under the terms of agreement, Dubai Energy Partners, Inc will pay a deposit of €30,000 within three (3) days of SPA signing (non-refundable except in limited circumstances), with the balance of the consideration of €270,000 due on completion of the disposal. The transaction is subject to receipt of required regulatory approvals from the Italian authorities by 26 February 2022. The proceeds of the disposal will be applied towards the Coro Energy plc's energy transition strategy in South East Asia. Katy Birkin and Ben Jeynes of Cenkos Securities plc (AIM:CNKS) acted as the financial advisor to Coro Energy. Announcement • Mar 17
Coro Energy plc has completed a Follow-on Equity Offering in the amount of £0.148859 million. Coro Energy plc has completed a Follow-on Equity Offering in the amount of £0.148859 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 37,214,632
Price\Range: £0.004
Transaction Features: Rights Offering Announcement • Feb 23
Coro Energy plc, Annual General Meeting, Mar 15, 2021 Coro Energy plc, Annual General Meeting, Mar 15, 2021, at 11:00 Coordinated Universal Time. Location: Watson Farley & Williams LLP, 15 Appold Street London United Kingdom 
