Cadogan Petroleum Plc - Loan to Proger Managers & Partners srl Arbitration
3rd August 2022
This announcement contains inside information as defined under the Market Abuse Regulations n. 596/2014
(“Cadogan” or the “Company”)
-- The Arbitration Committee rejected Proger principal request, deeming the Loan Agreement is valid and effective. -- The Arbitration Committee accepted and rejected other arguments and requests of both parties (Cadogan and Proger).
The Company is currently analyzing with its legal advisors the various aspects of the decisions.
Cadogan will take all the necessary further actions and will communicate in due course.
Cadogan is an independent, diversified oil and gas company, which operates exploration and production licenses in
For further information, please contact:
Fady Khallouf Chief Executive Officer email@example.com