Further re: Receipt of Winding Up Petition
ADM Energy PLC announced that the winding-up petition hearing presented by HMRC on July 22, 2026, has been adjourned for 56 days, with a new hearing scheduled for September 16, 2026. HMRC confirmed that the outstanding amount it alleges is less than 50% of the initial claim, and ADM is working to reconcile the debt and agree on payment terms. No winding-up order was made, and trading in the company's shares remains suspended from AIM pending the publication of its 2025 annual report and accounts.
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Further to the announcement of 15 July 2026, ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resource investing company, announces that the hearing of the winding-up petition presented by the Commissioners for His Majesty’s Revenue and Customs (“HMRC”), which took place on 22 July 2026, has been adjourned for a period of 56 days.
The petition has been relisted to be heard at 10:30 a.m. on Wednesday, 16 September 2026 at the Rolls Building, London, under the same case number CR-2026-004486.
Further, at the hearing, HMRC confirmed that the amount it alleges remains outstanding is less than 50 per cent. of the amount claimed in the initial petition. The Company continues to seek to reconcile the amount properly due with HMRC and to agree the terms and timing for payment of any agreed amount.
No winding-up order was made at the hearing.
Trading in the Company’s ordinary shares remains suspended from AIM, pending publication of its annual report and accounts for the year ended 31 December 2025. The Company will make a further announcement without delay upon any material development and, in any event, following the relisted hearing.
); a 25% asset interest in Vega Upstream JV, a business established to identify and coordinate investment opportunities in US onshore oil and gas assets; and a 9.2% profit interest in the Aje Field, part of OML 113, which covers an area of 835km² offshore Nigeria. Aje has multiple oil, gas, and gas condensate reservoirs in the Turonian, Cenomanian and Albian sandstones with five wells drilled to date.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.