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IN BRIEF: Caspian Sunrise extends disposal long stop date

ALN

Caspian Sunrise PLC - Kazakhstan-focused oil and gas exploration and production company - Wholly owned subsidiary BNG Ltd LLP agrees to extend the long stop date relating to disposal of MJF and South Yelemes structures to Absolute Resources LLP. The $88 million sale, of which $14 million has been received, was announced in November.

BNG and Absolute Resources continue to work towards completing the disposal and extend the December 31 2024 long stop date to February 28 2025.

Current stock price: 3.07 pence, up 0.7% on Thursday

12-month change: up 20%

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