Source - PRN

Report on Payments to Governments

UK companies in the extractive sectors are required to publically disclose payments made to governments in the countries where they undertake exploration or extractive operations.

In accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) and DTR 4.3A of the Financial Conduct Authority's Disclosure and Transparency Rules, the company reports that, for the year ended 31 March 2016, payments to governments were below the minimum disclosable level of £86,000.

For further information, please contact:

Bill Hooley, Chief Executive +44 (0)1492 541981;

Danesh Varma, Finance Director +44 (0)207 653 9881.

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