30 August
2024
Pharos
Energy plc
("Pharos"
or the "Company" or, together with its subsidiaries, the
"Group")
TOTAL VOTING
RIGHTS
In accordance with the FCA's
Disclosure Guidance and Transparency Rules, Pharos advises
that:
As at 30 August 2024, the Company's
issued share capital consisted of 425,212,335 ordinary shares of
£0.05. The Company holds 9,122,268 shares in Treasury.
The total number of voting rights in
the Company is therefore 416,090,067. This figure may be used by
shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.
For further
information, please
contact:
Pharos Energy plc
Tel: 0207 603 1515
Tony Hunter, Company
Secretary
Notes to editors
Pharos Energy plc is an
independent oil and gas exploration and production company with a
focus on sustainable growth and returns to stakeholders, which is
listed on the London Stock Exchange. Pharos has production,
development and/or exploration interests in Egypt and Vietnam. In
Egypt, Pharos holds a 45% working interest share in the El Fayum
Concession in the Western Desert, with IPR Lake Qarun, part of the
international integrated energy business IPR Energy Group,
holding the remaining 55% working interest. The El Fayum Concession
produces oil from 10 fields and is located 80 km southwest of
Cairo. It is operated by Petrosilah, a 50/50 joint stock company
between the contractor parties (being IPR Lake Qarun and Pharos)
and the Egyptian General Petroleum Corporation (EGPC).
Pharos also holds a 45% working interest share in the North Beni
Suef (NBS) Concession in Egypt, which is located immediately south
of the El Fayum Concession. IPR Lake Qarun operates and holds the
remaining 55% working interest in the NBS Concession. In Vietnam,
Pharos has a 30.5% working interest in Block 16-1 which contains
97% of the Te Giac Trang (TGT) field and is operated by
the Hoang Long Joint Operating Company. Pharos' unitised
interest in the TGT field is 29.7%. Pharos also has a 25% working
interest in the Ca Ngu Vang (CNV) field located in Block 9-2, which
is operated by the Hoan Vu Joint Operating Company. Blocks
16-1 and 9-2 are located in the shallow water Cuu Long Basin,
offshore southern Vietnam. Pharos also holds a 70% interest in, and
is designated operator of, Blocks 125 & 126, located in the
moderate to deep water Phu Khanh Basin, north east of
the Cuu Long Basin, offshore central Vietnam.