Sungarner Energies Limited — Rumour Verification - Regulation 30(11)

Sungarner Energies Limited has clarified to the stock exchange that the recent movement in its share price was not due to any undisclosed material information or corporate development. The company stated that the price volatility was driven by general market activity and trading interest, rather than any specific event related to the firm itself. This clarification is a standard regulatory step to ensure transparency and prevent the spread of false information among investors.

For investors, this news is a reminder to rely on verified company disclosures rather than market rumors. Since the price movement was not caused by the company, it does not necessarily reflect a change in the company's fundamentals. Investors should continue to monitor official updates from the exchange and the company for any future announcements that could impact the stock.