Following is a summary of the financial information given Interim report January-
Results for July-
- Consolidated operating group result KSEK -7,574 (-9,742)
- Consolidated group net turnover: KSEK 0 (0)
-
Earnings per share:
SEK -0.05 (-0.06) -
Production of natural gas: at zero level (at zero level)
Results for January-
- Consolidated operating group result KSEK -18,733 (-19,331)
- Consolidated group net turnover: KSEK 0 (0)
-
Earnings per share:
SEK -0.13 (-0.13) -
Production of natural gas: at zero level (at zero level)
Key events during January-
- To finance operating expenses in 2023, on
30 January 2023 ,Misen Energy AB entered into Loan and Call Option Agreement withPowerful United Limited , an investment company focused on energy production and based in Honk Kong. Under the Agreement, PUL undertook to provideEUR 2 million loan in three installments by31 July 2023 . The parties agreed that until30 January 2024 PUL will have an irrevocable priority right for an additional amount to purchaseMisen Enterprises AB being assigned byMisen Energy AB (publ) any and all claims in relation toMisen Energy AB (publ) andMisen Enterprises AB v.Ukraine . -
Under the Loan and Call Option Agreement (as amended and restated) dated
30 January 2023 , PUL transferredEUR 1.2 million toMisen Energy AB (publ) , however, failed to transfer the third installment. As a result, PUL lost its call option right to purchaseMisen Enterprises AB holding all rights to the BIT arbitration. -
In
February 2022 ,Russia started a full-scale invasion ofUkraine . Russian troops make indiscriminate attacks including air raids, ballistic missile strikes and bombings, targeting residential housing, utilities, and critical infrastructure all overUkraine . President ofUkraine signed Decree № 64/2022 "On the imposition of martial law inUkraine ". Given the invasion, the BIT arbitration againstUkraine was suspended.
Key events after end of 12M 2023:
- Given the invasion, the BIT arbitration against
Ukraine was suspended. Following the resignation ofProfessor Reisman ,Ukraine has appointedZachary Douglas as the replacement arbitrator.
Despite the legal issues that
After
Publication of the Interim report January -
This Interim report January -
Future reports and events
Next reporting and event dates are as follows:
7 April 2024 Annual Report 20232 May 2024 AGM30 August 2024 Interim half-year 2024 report
For further information, please contact:
Göran Wolff, MD
Direct line: +46 31 759 50 72
Mobile: +46 709 45 48 48
E-mail: goran@misenenergy.se
info@misenenergy.se
The company was founded in 2004 and its shares have been traded on Nasdaq First North Growth Market since
The JAA No.3 (as amended and restated) was terminated in
The registered office of
For further information, please visit our website www.misenenergy.se.
This information is information that
https://news.cision.com/misen-energy-ab/r/information-from-interim-report-january-december-2023-misen-energy-ab--publ-,c3938294
https://mb.cision.com/Main/1119/3938294/2638347.pdf
https://mb.cision.com/Public/1119/3938294/8e422a876e60121d.pdf
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