Rose Petroleum plc

Final Results for the year ending 31 December 2015

6-June-2016

Final Results for the year ending 31 December 2015

Rose Petroleum plc, the AIM quoted (AIM: ROSE) natural resources company, announces its final results for the year to 31 December 2015. 
 
Matthew Idiens, CEO of Rose Petroleum, commented: “Market conditions in 2015 resulted in a transformational year for the Company and we are now strategically well positioned for the future.
 
“We have fundamentally restructured our existing asset portfolio, and this, combined with the potential opportunity in Cuba gives a solid base from which to move the Company forward. The Board is now looking to the future with optimism.
 
We would like to thank our investors for their continued support.”
 
A copy of the Company’s annual report and accounts has been posted to its website, www.rosepetroleum.com, in accordance with the Company’s articles of association.
 
The Company also announces that its Annual General Meeting of shareholders (“AGM”) will be held at 10.00 am on 30 June 2016 at the offices of Allenby Capital Limited, 3 St. Helen’s Place, London EC3A 6AB. 
 
A notice of this AGM has been posted to its website, www.rosepetroleum.com, in accordance with the Company’s articles of association (the “Notice”).  Included in the resolutions to be put to shareholders is to approve the issue of the shares and options to Earth Source Investment Inc. described in the announcement of 3 May 2016; further details can be found in the Notice.
 
Copies of both the annual report and accounts and the AGM notice will be posted to those shareholders who have requested hard copies.
 
Click HERE to see the full text of this press release. 
 
For further information, please contact:
 
Matthew Idiens (CEO)
Chris Eadie (CFO)
Rose Petroleum plc
Tel: +44 (0) 20 7225 4595
Tel: +44 (0) 20 7225 4599
Jeremy Porter / Nick Harriss
Allenby Capital
Tel: +44 (0) 20 3328 5656
Graham Herring / Tim Metcalfe
 
IFC Advisory
 
Tel: +44 (0) 20 3053 8671