TIDMSRON

RNS Number : 1415G

Saffron Energy PLC

27 February 2018

27 February 2018

Saffron Energy plc

("Saffron Energy" or the "Company")

Update on temporary suspension

Further to its announcement of 23 February 2018, Saffron Energy, the pan Euro Asian gas explorer, confirms that it is close to signing an agreement in respect of a substantial change to the transaction in respect of which it expects to make a definitive announcement tomorrow, 28 February 2018.

 
 
 Saffron Energy plc / Coro 
  Energy plc                             s.edmonson@coroenergyplc.com 
 
  Sara Edmonson, Chief Executive          j.parsons@coroenergyplc.com 
  Officer 
 
  James Parsons, Non-Executive 
  Chairman 
 
 Grant Thornton UK LLP (Financial                 Tel: +44 (0)20 7383 
  and Nominated Adviser)                                         5100 
  Colin Aaronson/Jen Clarke/Harrison 
  J Clarke 
 Turner Pope Investments (TPI)                    Tel: +44 (0)20 3621 
  Ltd (Broker)                                                   4120 
 
  Ben Turner/James Pope                           info@turnerpope.com 
 

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCPGUMCPUPRGQM

(END) Dow Jones Newswires

February 27, 2018 11:52 ET (16:52 GMT)

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