Following late filing, Brooge Energy will hold fiscal 2019 earnings call
Brooge Energy, a midstream oil storage and service provider located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the United Arab Emirates, through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE, announced today it has filed a Form 12b-25, a Notification of Late Filing, with the Securities and Exchange Commission in order to extend the due date of its Annual Report on Form 20-F for the period ended December 31, 2019 for fifteen calendar days, as permitted by Rule 12b-25 under the Securities Exchange Act.
Consequently, Brooge Energy’s management will host a conference call at 8:00am ET (4:00pm UAE) on July 7, 2020. It has said that the conference call will be in the format of a question and answer session and will address any queries investors have regarding the company’s reported results.
The company currently expects that it will file the Annual Report on or before June 30, 2020, the expiration date of the fifteen-calendar day extension period.
In its Form 12b-25 filing the company has advised that its Annual Report on Form 20-F for the year ended December 31, 2019 could not be filed without unreasonable effort and expense. Specifically, the company said it requires additional time to compile, review and prepare certain information in its financial statements following delays resulting from the COVID-19 pandemic.
The Registrant expects to file the Annual Report within the time period permitted by SEC Rule 12b-25.
Conference Call Information:
Date: July 7, 2020
Time: 8:00am ET / 4:00pm UAE
Dial-in numbers: +1 877-425-9470 (U.S.), 800 035 703 290 (UAE), +1-201-389-0878 (International)
Instructions: Request the “Brooge Energy Call”
Live webcast: https://lnkd.in/dx3GnaP
For interested parties, a dial-in replay of the call will also be available until July 14, 2020. To access the replay, dial +1 844-512-2921 (United States) or +1 412-317-6671 (International) and enter replay pin number: 13704653.
For more information visit www.broogeholdings.com
16th June 2020