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Court Adjourns Hearing of Winding-up Petition Against ADM Energy

MT Newswires·07/23/2026 06:42:00
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06:42 AM EDT, 07/23/2026 (MT Newswires) -- ADM Energy (ADME.L) said Thursday that the High Court of Justice adjourned the hearing of a winding-up petition filed by the UK tax authority against the company to Sept. 16. The court, at the initial hearing on Wednesday, did not make any winding-up order, the natural resource investing company noted. The company maintained its stance that the actual liability is materially lower than the amount claimed by the commissioners for His Majesty's Revenue and Customs. It also confirmed that it is working on reconciling the amount with HMRC, and discussing the terms and timing for payment of any agreed amount. Trading in ADM Energy's shares remains suspended on the London stock exchange's AIM segment pending the publication of its full-year 2025 financial results.