11th Apr 2025 07:00
11 April 2025
Ithaca Energy plc
("Ithaca Energy" or the "Company")
Publication of 2024 Annual Report and Accountsand Notice of Annual General Meeting 2025
The Company's Annual Report and Accounts for the year ended 31 December 2024 (the 'Annual Report'), along with the Notice of Annual General Meeting 2025 (the 'AGM Notice') have today been published on the Company's website https://investors.ithacaenergy.com/
A hard copy version of the Annual Report, along with the AGM Notice and Form of Proxy will be sent to those shareholders who have elected to receive paper communications.
In accordance with Listing Rule 9.6.1R of the UK Financial Conduct Authority ('FCA'), a copy of the Annual Report, AGM Notice and Form of Proxy have been submitted to the FCA's National Storage mechanism ('NSM') and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The Company's Annual General Meeting (the 'AGM') will be held on Wednesday 14 May at 09:00am at P&J Live, East Burn Road, Aberdeen AB21 9FX, Scotland. Full details on how to attend the AGM are contained in the AGM Notice.
As required by the FCA's Disclosure and Transparency Rules ('DTRs'), the regulated information required to be communicated to the media under DTR 6.3.5R(1A) is available in unedited full text within the Annual Report and is available on the NSM and on the Company's website www.ithacaenergy.com.
Enquiries
Ithaca Energy | |
Kathryn Reid - Head of Investor Relations, Corporate Affairs & Communications | |
FTI Consulting (PR Advisers to Ithaca Energy) | +44 (0)203 727 1000 |
Ben Brewerton / Nick Hennis |
About Ithaca Energy plc
Ithaca Energy is a leading UK independent exploration and production company focused on the UK North Sea with a strong track record of material value creation. In recent years, the Company has been focused on growing its portfolio of assets through both organic investment programmes and acquisitions and has seen a period of significant M&A driven growth centred upon three transformational acquisitions in recent years, including the recent Business Combination with Eni UK. Today, Ithaca Energy is one of the largest independent oil and gas companies in the United Kingdom Continental Shelf (the "UKCS"), ranking second largest independent by production with the largest resource base.
With stakes in six of the ten largest fields in the UKCS and two of UKCS's largest pre-development fields, and with energy security currently being a key focus of the UK Government, the Group believes it can utilise its significant reserves and operational capabilities to play a key role in delivering security of domestic energy supply from the UKCS.
Ithaca Energy serves today's needs for domestic energy through operating sustainably. The Group achieves this by harnessing Ithaca Energy's deep operational expertise and innovative minds to collectively challenge the norm, continually seeking better ways to meet evolving demands.
Ithaca Energy's commitment to delivering attractive and sustainable returns is supported by a well-defined emissions-reduction strategy with a target of achieving net zero ahead of targets set out in the North Sea Transition Deal.
Ithaca Energy plc was admitted to trading on the London Stock Exchange (LON: ITH) on 14 November 2022.
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