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LONDON - Petrofac (LON:PFC) Limited, a leading international service provider to the energy industry, has announced the appointment of Jon Yorke as an independent representative for its retail shareholders during the company’s financial restructuring. The appointment was made public on Monday, with the aim of engaging with retail investors who held shares between October 7, 2005, and October 5, 2021.
Yorke, a specialist in restructuring, will address claims related to the settlement and compromise of damages under s90A of FSMA 2000, as outlined in Petrofac’s December 23, 2024, announcement. He will communicate the details of the restructuring plan and the upcoming Convening Hearing, scheduled for March 20, 2025, at the High Court in London.
Retail shareholders are encouraged to contact Yorke via email at ia@pl-plan.co.uk to discuss any claims that may be affected by the restructuring plan. This service is offered at no charge and reaching out will not impact shareholders’ legal rights.
Petrofac has a diversified client portfolio, including many of the world’s leading energy companies, and specializes in designing, building, managing, and maintaining infrastructure in oil, gas, refining, petrochemicals, and renewable energy. The company operates across the Middle East and North Africa (MENA) region, the UK North Sea, India, South East Asia, and the United States, with a workforce of 8,000 employees in 31 offices globally.
This announcement is based on a press release statement and aims to provide retail shareholders with necessary support during Petrofac’s restructuring process.
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