TIDMVLRS

RNS Number : 2947P

Vallares PLC

30 September 2011

Vallares PLC

30 September 2011

Change of year end

Following the announcement of the proposed acquisition of Genel Energy International Limited ("Genel"), Vallares PLC (the "Company") will have a number of subsidiaries with accounting year ends of 31 December. The Company has therefore decided to adopt a 31 December year end. This change will simplify the integration of the Genel entities and provide future reporting periods aligned with calendar years. The Company will therefore report its audited results in April 2012 for the nine month period ended 31 December 2011.

The Company will meet its ongoing obligations to report its interim results for the six month period ended 30 September 2011.

Enquiries:

Vallares: Julian Metherell +44 207 518 8195

Finsbury: Edward Simpkins +44 20 7251 3801

This information is provided by RNS

The company news service from the London Stock Exchange

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