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    PFC   GB00B0H2K534

PETROFAC LIMITED

(PFC)
  Report
Delayed Quote. Delayed London Stock Exchange - 10/28 11:37:04 am
129.5 GBX   -2.63%
10:25aPETROFAC LIMITED : Notification of major holdings
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10/27Petrofac bags 550 mln euros contract for Lithuania refinery expansion
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Petrofac Limited: Update on Court process in relation to SFO investigation

09/27/2021 | 08:38am EDT

Petrofac Limited ( PFC) Petrofac Limited: Update on Court process in relation to SFO investigation 27-Sep-2021 / 13:37 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

----------------------------------------------------------------------------------------------------------------------- Press Release

27 September 2021

UPDATE ON COURT PROCESS IN RELATION TO SFO INVESTIGATION

Petrofac Limited (the "Company" or "Petrofac") announces that today's sentencing hearing at Southwark Crown Court in relation to its plea agreement with the UK Serious Fraud Office (SFO) has been delayed due to Court scheduling and has been re-scheduled to commence on Friday, 1 October.

The Company will make a further announcement following sentencing or any adjournment.

ENDS

For further information contact:

Petrofac Limited

+44 (0) 207 811 4900

Jonathan Yarr, Head of Investor Relations

jonathan.yarr@petrofac.com

Alison Flynn, Group Head of Communications

alison.flynn@petrofac.com

Tulchan Communications Group

+44 (0) 207 353 4200

petrofac@tulchangroup.com

Martin Robinson

NOTES TO EDITORS

Petrofac

Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world's leading energy companies.

Petrofac designs, builds, manages and maintains oil, gas, refining, petrochemicals and renewable energy infrastructure. Our purpose is to enable our clients to meet the world's evolving energy needs. Our four values - driven, agile, respectful and open - are at the heart of everything we do.

Petrofac's core markets are in the Middle East and North Africa (MENA) region and the UK North Sea, where we have built a long and successful track record of safe, reliable and innovative execution, underpinned by a cost effective and local delivery model with a strong focus on in-country value. We operate in several other significant markets, including India, South-East Asia and the United States. We have 9,400 employees based across 31 offices globally.

Petrofac is quoted on the London Stock Exchange (symbol: PFC).

For additional information, please refer to the Petrofac website at www.petrofac.com

-----------------------------------------------------------------------------------------------------------------------

ISIN:           GB00B0H2K534 
Category Code:  MSCH 
TIDM:           PFC 
LEI Code:       2138004624W8CKCSJ177 
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State 
Sequence No.:   123023 
EQS News ID:    1236204 
 
End of Announcement  EQS News Service 
=------------------------------------------------------------------------------------
 

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1236204&application_name=news

(END) Dow Jones Newswires

September 27, 2021 08:37 ET (12:37 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
LONDON BRENT OIL 0.39% 84.52 Delayed Quote.66.58%
PETROFAC LIMITED -2.63% 129.5 Delayed Quote.-3.69%
WTI 1.19% 83.139 Delayed Quote.74.79%
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Analyst Recommendations on PETROFAC LIMITED
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Financials (USD)
Sales 2021 3 226 M - -
Net income 2021 50,4 M - -
Net Debt 2021 265 M - -
P/E ratio 2021 12,6x
Yield 2021 -
Capitalization 600 M 603 M -
EV / Sales 2021 0,27x
EV / Sales 2022 0,29x
Nbr of Employees 10 645
Free-Float 63,4%
Chart PETROFAC LIMITED
Duration : Period :
Petrofac Limited Technical Analysis Chart | PFC | GB00B0H2K534 | MarketScreener
Technical analysis trends PETROFAC LIMITED
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 9
Last Close Price 1,83 $
Average target price 2,49 $
Spread / Average Target 36,5%
EPS Revisions
Managers and Directors
Sami Monir Amin Iskander Chief Executive Officer & Executive Director
Afonso Reis E Sousa i Chief Financial Officer & Executive Director
RenÚ MÚdori Non-Executive Chairman
Tarek Massoud Chief Compliance Officer
Matthias F. Bichsel Senior Independent Non-Executive Director
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