(London & Dubai, 17 May 2019) ADES International Holding PLC ("ADES" or the "Company"), a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA), announces that the following documents were mailed to the Company's shareholders on 17 May 2019:
· Notice of Annual General Meeting
· Annual Financial Report 2018
The notice of the Company's Annual General Meeting will shortly be available for download on the Company's website at investors.adihgroup.com. The Annual Financial Report 2018 was published on the Company's website on 30 April 2019.
Furthermore, in accordance with Listing Rule 14.3.6, the Annual Financial Report 2018 was submitted to the National Storage Mechanism on 30 April 2019 and is available at www.morningstar.co.uk/uk/NSM. The notice of the Company's Annual General is also being submitted to the National Storage Mechanism and will shortly be available at www.morningstar.co.uk/uk/NSM.
The Company will be holding its Annual General Meeting on Monday 10 June 2019 at 5:00 p.m. (UK time) at the Jumeirah Carlton Tower Hotel, On Cadogan Place, Knightsbridge, London SW1X 9PY, United Kingdom.
ADESInternationalHoldingextendsoilandgasdrillingandproductionservicesthroughitssubsidiariesandisaleading service provider in the Middle East and North Africa, offering onshore and offshore contract drilling as well as workover and production services.Itsc.4,000 employeesserveclientsincludingmajornationaloilcompanies("NOCs")suchas Saudi Aramco and Kuwait Oil Company as wellasjointventuresofNOCswithglobalmajorsincludingBPandEni. While maintaining a superior health, safety and environmental record, the Group currently has a fleet of thirty-four onshoredrillingrigs,thirteen jack-up offshore drilling rigs, ajack-upbarge,andamobileoffshoreproductionunit("MOPU"),whichincludesafloatingstorage and offloadingunit. For more information, visit investors.adihgroup.com
Certainstatementscontainedinthisannouncement,includinganyinformationastotheGroup'sstrategy,plansorfuture financial or operating performance constitute "forward looking statements". These forward-looking statements can be identifiedbytheuseofforwardlookingterminology,includingtheterms"believes","estimates","anticipates","projects", "expects","intends","aims","plans","predicts","may","will","seeks"or"should"or,ineachcase,theirnegativeorother variationsorcomparableterminology,orbydiscussionsofstrategy,plans,objectives,goals,futureeventsorintentions. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this announcement and include statements regarding the intentions, beliefs or current expectations of the Directors of the Company concerning, amongst other things, the Group's results of operations, financial condition and performance, prospects, growth and strategies and the industry in which the Groupoperates.
By their nature, forward looking statements address matters that involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Forward looking statements are not guarantees of future performance and the Group's actual results of operations and financial condition, and the development of the business sector in which the Group operates, may differ materially from those suggested by the forward-looking statements contained in this announcement. In addition, even if the Group's results of operations and financial condition, and the development of the industry in which the Group operates, are consistent with the forward- looking statements contained in this announcement, those results or developments may not be indicative of results or developments in subsequent periods.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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