Petrofac Limited: Restructuring Progress Update

Petrofac Limited has confirmed that its ongoing restructuring will result in existing shareholders retaining no residual value. Following a previous announcement on October 1, 2025, the company states that the process is advancing through multiple routes.

The restructuring aims to be completed by the end of November 2025, with significant progress already made. A Lock Up Agreement, which supports Petrofac's operational capabilities and ongoing projects, is expected to be finalized shortly.

Further details about the restructuring process will be shared by Petrofac in the coming days. The company emphasizes a commitment to completing the process swiftly to support its market activities.