TIDMSLE

RNS Number : 2501K

San Leon Energy PLC

19 September 2016

19 September 2016

San Leon Energy plc

("San Leon" or the "Company")

Statement re: litigation

San Leon notes the recent press article regarding outstanding legal fees due to Herbert Smith Freehills. Herbert Smith Freehills LLP obtained a judgement against San Leon Energy in the High Court on 12 May 2016 for approximately GBP500,000. The Company confirms that this amount was included in the amount set aside for repayment of current creditors within the breakdown of the use of placing proceeds set out in the Company's admission document published on 26 August 2016 and in current creditors in the final results announcement made on 29 June 2016. The Company was unaware that the applicable court summons had been issued and has subsequently agreed with Herbert Smith Freehills LLP that such payment will be made by 30 September 2016.

Enquiries:

San Leon Energy plc

Oisin Fanning, Executive Chairman

+353 1291 6292

Brandon Hill Capital Limited

Joint Broker

Oliver Stansfield

Jonathan Evans

+44 (0) 20 3463 5000

SP Angel Corporate Finance LLP

Nominated Adviser and Joint Broker

Ewan Leggat

Richard Morrison

+44 (0) 20 3470 0470

Whitman Howard Limited

Joint Broker

Nick Lovering

Francis North

+44 (0) 20 7659 1234

Vigo Communications

Financial Public Relations

Chris McMahon

Alexandra Roper

+44 (0) 20 7830 9700

Plunkett Public Relations

Sharon Plunkett

+353 (0) 1 280 7873

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

September 19, 2016 12:27 ET (16:27 GMT)