E&P Global Holdings Faces Legal Action Over Settlement Agreement

Reuters

Dec 15, 2025

E&P Global Holdings Faces Legal Action Over Settlement Agreement

E&P Global Holdings Limited is involved in litigation related to the settlement of five legal proceedings in the High Court with Lucrezia Limited and Token Century Limited. As part of a Global Settlement Agreement, E&P Global agreed to transfer its entire shareholding in LEL and the Licensee, or the mining licenses and rights related to the Lapichevskaya Mine in the Kemerovo region, to the claimant or its nominees by October 25, 2028. A dispute has arisen following the revocation of the relevant mining license, with the claimant alleging that this constitutes a breach of the Global Settlement Agreement. The company is closely monitoring the situation and will provide updates as developments occur. Shareholders and potential investors are advised to exercise caution when dealing in the company's shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. E&P Global Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251215-11956145), on December 15, 2025, and is solely responsible for the information contained therein.

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