Petrofac Engages Retail Shareholders in Financial Restructuring

Petrofac Limited has initiated steps to involve retail shareholders in its financial restructuring process. The company appointed Jon Yorke, a specialist, to represent these investors. This decision aligns with their restructuring plan, which addresses claims from shareholders under the s90A of FSMA 2000.

Yorke will communicate with investors who held shares from October 2005 to October 2021. Shareholders are directed to the High Court's upcoming Convening Hearing details on March 20, 2025, available on Petrofac's website.

Shareholders who believe they have affected claims can contact Yorke via email without impacting their legal rights. Petrofac aims to maintain transparency throughout this process.