E&P GLOBAL(01142.HK): Appeal in Russian Mining Licence Litigation Dismissed; Original Ruling Upheld
NewTimeSpace News: E&P Global Holdings Limited (01142.HK) announced that the ruling rendered by the Moscow City Arbitration Court on 15 April 2026 remains unchanged, and the appeal filed by relevant Russian authorities has been dismissed. The appellate court is expected to hand down its summary judgement by 7 August 2026.
NewTimeSpace News: E&P Global Holdings Limited (01142.HK) released an inside‑information announcement on 4 August 2026, disclosing the latest update on legal proceedings concerning the Russian mining licence.
According to the announcement, the appellate court held a hearing on the appeal submitted by relevant authorities on 3 August 2026 (Moscow time). To the knowledge of the Directors following reasonable enquiries, the ruling handed down by the Moscow City Arbitration Court on 15 April 2026 shall stand, and the appeal lodged by relevant authorities is dismissed. The appellate court is expected to issue a summary judgement on the appeal by 7 August 2026.
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