{"success":true,"data":{"pressRelease":{"id":"55957","rtpr_id":"nPRr52473a","ticker":"CADP","exchange":"LSE","all_tickers":["CADP"],"title":"REG-Cadogan Energy Solutions Plc: Consolidated report on payments to governments","author":"PR Newswire","published_at":"2026-06-05T07:34:01.899Z","article_body":"05 June 2026\n\n \n\nCadogan Energy Solutions plc (the \"Company\")\n\nConsolidated report on payments to governments\n\nCadogan Energy Solutions plc presents below its consolidated report on\npayments to governments for the year ended 31 December 2025, for activities\nrelated to exploration, development and extraction of oil and gas resources.\n\nThe Company has prepared the following consolidated report in accordance with\nDTR 4.3A of the Financial Conduct Authority Disclosure and Transparency Rules\nand in compliance with the Reports on Payments to Governments Regulations 2014\n(SI 2014/3209), as amended by the Reports on Payments to Governments\n(Amendment) Regulations 2015 (SI 2015/1928).\n\nBasis of preparation\n\nThe Company discloses below payments made to governments by the Group's\nsubsidiaries involved in extractive activities. The term 'government' includes\na department, agency or entity that is controlled by the government authority.\n\nReporting currency\n\nWhere payments have been made in currencies other than the reporting currency\n(USD), the exchange rate existing at the time the payment is made has been\nused.                             \n\nPayment types disclosed at project level\n\n\"Project\" is defined as \"operational activities governed by a single contract,\nlicense, lease, concession or similar legal agreement, and forms the basis for\npayment liabilities with a government\". Where multiple such agreements are\nsubstantially interconnected, this was considered a project for the purpose of\nthis report.\n\nThe payments are presented on a cash basis, net of any interest and penalties\non late tax payments or on underpaid tax.\n\nThere were no payments in kind made to a government during the year.\n\nThe following payment types are disclosed for legal entities involved in\nextractive activities for the year ended 31 December 2025:\n\nProduction taxes\n\nPayments to governments in relation to revenue or production generated under\nhydrocarbon (oil) production license agreements.   \n\nProfit taxes ( corporate income tax)\n\nPayments to governments in relation to taxable profits generated under\nUkrainian corporate income tax regulations. This includes corporate income tax\nliabilities arising on distributed profits, where the tax is effectively\nprepaid at the time of dividend distribution in accordance with Ukrainian tax\nlegislation.\n\nWithholding tax on dividends\n\nPayments to governments in relation to withholding taxes levied on dividend\ndistributions made under Ukrainian applicable tax\nlegislation.\n\nExcluded amounts\n\nTaxes levied on consumption such as value added taxes, personal income taxes,\nsales taxes, property and environmental taxes have not been included in this\nreport.\n\nPayments summary\n\n \n Payments to governments made during the year ended 31 December 202 5 : \n Production taxes Profit taxes Withholding tax on dividends Total \n Governments $'000 $'000 $'000 $'000 \n Ukraine \n State treasury: State budget 2,280 382 106 2,768 \n Total Ukraine 2,280 382 106 2,768 \n Grand Total 2,280 382 106 2,768 \n \n Payments to governments by project type made during the year ended 31 December 202 5 : \n Production taxes Profit taxes Withholding tax on dividends Total \n $'000 $'000 $'000 $'000 \n Ukraine \n Blazhivske licen s e area 2,280 382 106 2,768 \n Total Ukraine 2,280 382 106 2,768 \n Grand Total 2,280 382 106 2,768 \n \n\nENDS\n\nA bout\n\nCadogan is an independent multi-energy group, listed on the Main Market of the\nLondon Stock Exchange, operating an exploration and production license in\nUkraine, with two gas exploration licenses in Northern Italy. Cadogan is now\nan investor and operator in the power generation sector. The Company's goal is\nto expand its investments across the energy value chain with a focus on energy\nsolutions and services with a reduced environmental footprint.\n\nFor further information, please contact:\n\nCadogan Energy Solutions plc \nFady Khallouf                 Chief Executive Officer \n              f.khallouf@cadogan-es.com\nBen Harber                       Company Secretary\n                      +44 0207 264 4366\n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPRr52473a","title":"REG-Cadogan Energy Solutions Plc: Consolidated report on payments to governments","author":"PR Newswire","ticker":"CADP","created":"2026-06-05T07:34:01.899Z","tickers":["CADP"],"exchange":"LSE","article_body":"05 June 2026\n\n \n\nCadogan Energy Solutions plc (the \"Company\")\n\nConsolidated report on payments to governments\n\nCadogan Energy Solutions plc presents below its consolidated report on\npayments to governments for the year ended 31 December 2025, for activities\nrelated to exploration, development and extraction of oil and gas resources.\n\nThe Company has prepared the following consolidated report in accordance with\nDTR 4.3A of the Financial Conduct Authority Disclosure and Transparency Rules\nand in compliance with the Reports on Payments to Governments Regulations 2014\n(SI 2014/3209), as amended by the Reports on Payments to Governments\n(Amendment) Regulations 2015 (SI 2015/1928).\n\nBasis of preparation\n\nThe Company discloses below payments made to governments by the Group's\nsubsidiaries involved in extractive activities. The term 'government' includes\na department, agency or entity that is controlled by the government authority.\n\nReporting currency\n\nWhere payments have been made in currencies other than the reporting currency\n(USD), the exchange rate existing at the time the payment is made has been\nused.                             \n\nPayment types disclosed at project level\n\n\"Project\" is defined as \"operational activities governed by a single contract,\nlicense, lease, concession or similar legal agreement, and forms the basis for\npayment liabilities with a government\". Where multiple such agreements are\nsubstantially interconnected, this was considered a project for the purpose of\nthis report.\n\nThe payments are presented on a cash basis, net of any interest and penalties\non late tax payments or on underpaid tax.\n\nThere were no payments in kind made to a government during the year.\n\nThe following payment types are disclosed for legal entities involved in\nextractive activities for the year ended 31 December 2025:\n\nProduction taxes\n\nPayments to governments in relation to revenue or production generated under\nhydrocarbon (oil) production license agreements.   \n\nProfit taxes ( corporate income tax)\n\nPayments to governments in relation to taxable profits generated under\nUkrainian corporate income tax regulations. This includes corporate income tax\nliabilities arising on distributed profits, where the tax is effectively\nprepaid at the time of dividend distribution in accordance with Ukrainian tax\nlegislation.\n\nWithholding tax on dividends\n\nPayments to governments in relation to withholding taxes levied on dividend\ndistributions made under Ukrainian applicable tax\nlegislation.\n\nExcluded amounts\n\nTaxes levied on consumption such as value added taxes, personal income taxes,\nsales taxes, property and environmental taxes have not been included in this\nreport.\n\nPayments summary\n\n \n Payments to governments made during the year ended 31 December 202 5 : \n Production taxes Profit taxes Withholding tax on dividends Total \n Governments $'000 $'000 $'000 $'000 \n Ukraine \n State treasury: State budget 2,280 382 106 2,768 \n Total Ukraine 2,280 382 106 2,768 \n Grand Total 2,280 382 106 2,768 \n \n Payments to governments by project type made during the year ended 31 December 202 5 : \n Production taxes Profit taxes Withholding tax on dividends Total \n $'000 $'000 $'000 $'000 \n Ukraine \n Blazhivske licen s e area 2,280 382 106 2,768 \n Total Ukraine 2,280 382 106 2,768 \n Grand Total 2,280 382 106 2,768 \n \n\nENDS\n\nA bout\n\nCadogan is an independent multi-energy group, listed on the Main Market of the\nLondon Stock Exchange, operating an exploration and production license in\nUkraine, with two gas exploration licenses in Northern Italy. Cadogan is now\nan investor and operator in the power generation sector. The Company's goal is\nto expand its investments across the energy value chain with a focus on energy\nsolutions and services with a reduced environmental footprint.\n\nFor further information, please contact:\n\nCadogan Energy Solutions plc \nFady Khallouf                 Chief Executive Officer \n              f.khallouf@cadogan-es.com\nBen Harber                       Company Secretary\n                      +44 0207 264 4366\n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-06-05T07:34:01.96719262Z","server_sent_at_ms":1780644841967},"received_at":"2026-06-05T07:34:02.020Z","source_url":null},"analysis":{"id":"45384","press_release_id":"55957","analysis_json":{"industry":{"label":"Oil, Gas & Consumable Fuels","sector":"Energy"},"redFlags":[],"eventType":"regulatory","narrative":"Cadogan Energy Solutions published its consolidated report on payments to governments for the year ended December 31, 2025.\n\nThe company paid a total of $2.77 million to Ukrainian authorities, comprising $2.28 million in production taxes, $382,000 in corporate income taxes, and $106,000 in withholding taxes on dividends.\n\nThis disclosure is a routine regulatory compliance filing under UK FCA rules for extractive industries and contains no new operational or strategic guidance.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine regulatory filing; no material new information for investors."},"keyFigures":{"customDimensions":{"profit_taxes_usd":382000,"production_taxes_usd":2280000,"withholding_tax_dividends_usd":106000,"total_payments_to_governments_usd":2768000}},"quotedText":"Cadogan is an independent multi-energy group, listed on the Main Market of the London Stock Exchange, operating an exploration and production license in Ukraine, with two gas exploration licenses in Northern Italy.","namedEntities":{"people":[{"name":"Fady Khallouf","role":"Chief Executive Officer"},{"name":"Ben Harber","role":"Company Secretary"}],"products":[],"companies":[{"name":"Cadogan Energy Solutions plc","ticker":"CADP"},{"name":"Financial Conduct Authority","relationship":"regulator"}],"dollarAmounts":[{"amount":"$2,768,000","context":"Total payments to governments"},{"amount":"$2,280,000","context":"Production taxes"},{"amount":"$382,000","context":"Profit taxes"},{"amount":"$106,000","context":"Withholding tax on dividends"}]},"materialImpact":{"score":1,"reasoning":"This is a routine statutory disclosure (Payments to Governments report) required by UK FCA rules for extractive industries. It contains no new operational, financial, or strategic information beyond standard tax payments."},"tickerRelevance":{"others":[],"primary":"CADP"},"globalImportance":5,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"routine_compliance","sectorWeight":"low","marketCapAdjustment":"low"}},"event_type":"regulatory","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Cadogan Energy Solutions published its consolidated report on payments to governments for the year ended December 31, 2025.\n\nThe company paid a total of $2.77 million to Ukrainian authorities, comprising $2.28 million in production taxes, $382,000 in corporate income taxes, and $106,000 in withholding taxes on dividends.\n\nThis disclosure is a routine regulatory compliance filing under UK FCA rules for extractive industries and contains no new operational or strategic guidance.","key_figures":{"customDimensions":{"profit_taxes_usd":382000,"production_taxes_usd":2280000,"withholding_tax_dividends_usd":106000,"total_payments_to_governments_usd":2768000}},"named_entities":{"people":[{"name":"Fady Khallouf","role":"Chief Executive Officer"},{"name":"Ben Harber","role":"Company Secretary"}],"products":[],"companies":[{"name":"Cadogan Energy Solutions plc","ticker":"CADP"},{"name":"Financial Conduct Authority","relationship":"regulator"}],"dollarAmounts":[{"amount":"$2,768,000","context":"Total payments to governments"},{"amount":"$2,280,000","context":"Production taxes"},{"amount":"$382,000","context":"Profit taxes"},{"amount":"$106,000","context":"Withholding tax on dividends"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-05T07:34:57.154Z","global_importance":5,"audience_relevance":10,"importance_components":{"tickerTier":"small-cap","eventGravity":"routine_compliance","sectorWeight":"low","marketCapAdjustment":"low"}},"durationMs":55120,"modelName":"george-droid-qwen-72b"}}