UEN Urals EN.

TIDMUEN

RNS Number : 7078K

Urals Energy Public Company Limited

20 April 2015

 
   20 April 2015 
 

Urals Energy PCL

("Urals Energy" or the "Company")

Statement regarding share price movement

The Board of Urals Energy PCL (AIM:UEN), the independent exploration and production company with operations in Russia, notes the rise this morning in the Company's share price and the speculation online regarding a possible offer for Urals Energy.

The Company confirms that it has not received an approach with regards to a possible takeover of Urals Energy.

Aside from the unfounded speculation, the Board is not aware of any reason for today's share price movement.

- Ends -

For further information, please contact:

 
 Urals Energy Public Company Limited 
 Andrew Shrager, Chairman                    Tel: +7 495 795 0300 
 Leonid Dyachenko, Interim Chief Executive    www.uralsenergy.com 
  Officer 
 
 
 Allenby Capital Limited 
  Nominated Adviser and Broker 
 Nick Naylor                       Tel: +44 (0) 20 3328 
                                                   5656 
 Alex Price                      www.allenbycapital.com 
 
 
 Media enquiries: 
  Abchurch 
 Henry Harrison-Topham / Quincy Allan     Tel: +44 (0) 20 7398 
                                                          7702 
 uralsenergy@abchurch-group.com         www.abchurch-group.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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