ARMOUR ENERGY LIMITED(AJQ)

delisted for non-payment of annual listing fee under Listing Rule 17.15

we understand the company failed to pay to ASX Limited the annual listing fees for the year ending 30 June 2025

Under Listing Rule 17.6, an entity (if not already suspended) that had not paid its annual listing fees by close of business on Wednesday, 21 August 2024 would have its securities suspended from Official Quotation before the commencement of trading on Thursday, 22 August 2024. The Company has failed to pay to ASX the annual listing fees for the year ending 30 June 2025, and each entity's securities are already suspended from quotation.

The securities of the company have been suspended for more than three months. If an entity does not meet the 1 or 2 year deadlines, it will be removed from the official list. The removal will usually take effect from the open of trading on the first trading day after the deadline date.

a loss declaration has been issued and the capital loss can therefore be claimed in the financial year the declaration is issued (this declaration was issued today)

The liquidator submits their report regarding the status and progress of the liquidation of the company.

ASIC is advised that the receiver and manager have completed their duties in managing or selling the company's assets.

ASIC is advised that the administrator has completed their duties and the administration process has concluded.

A copy of the company's minutes documenting key decisions about the company's administration (where the administration is not under S.436E or S.439A) are lodged with ASIC.

Jonathan Henry, Mark Holland and Damien Pasfield were appointed joint and several liquidators.

The Administrators of Armour give notice that they intend to rely on the relief set out in ASIC (Australian Securities and Investments Commission) Corporations (Externally-Administered Bodies) Instrument 2015/251 (Instrument) which provides for the deferral of: â–ª financial reporting obligations under Part 2M.3 of the Corporations Act 2001 (Cth) (Act); and â–ª requirement under section 250N of the Act to hold an Annual General Meeting (AGM). IMPORTANT: The Armour AGM will not be held on 24 November 2023 as scheduled.

Richard Tucker and Robert Hutson of KordaMentha were appointed as Receivers and Managers of the Company and certain of its subsidiaries. Prior to the appointment of the Receivers and Managers, Jonathan Henry, Damien Pasfield and Mark Holland of McGrathNicol were appointed Voluntary Administrators to the same entities. The Receivers and Mangers plan to operate on a business-as-usual basis. The Receivers and Managers are commencing an immediate sale process and are seeking urgent expressions of interest to acquire the Group.

Jonathan Henry, Damien Pasfield and Mark Holland of McGrathNicol were appointed Voluntary Administrators.

The securities of Armour Energy Limited will be suspended from quotation immediately under Listing Rule 17.3, following the appointment of Receivers and Managers and Voluntary Administrators to AJQ.

The suspension of trading in the securities of Armour Energy Limited will be lifted immediately. Please note that the reinstatement applies only to deferred settlement securities (ASX:AJQOA) only, and does not apply to any other quoted securities of AJQ

The deferred settlement securities (ASX: AJQOA) of Armour Energy Limited will be suspended immediately, in accordance with Listing Rule 17.3, as deferred settlement trading will not be available for the deferred settlement securities as noted in AJQ's Prospectus, announced to the market on 15 June 2020. Please note that the suspension applies to the deferred settlement securities (ASX: AJQOA) only, and does not apply to any other quoted securities of AJQ.

listed entity carried for record purposes only