Capital/Financing Update • Apr 25, 2018
Capital/Financing Update
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National Storage Mechanism | Additional information
RNS Number : 1289M
Angus Energy PLC
25 April 2018
25 April 2018
Angus Energy Plc
("Angus Energy" or the "Company")
Issue of Convertible Security
The Company hereby announces that today it has issued a convertible security with the nominal value of £3,390,000 (at the purchase price of £3,000,000) pursuant to, and on and subject to the terms and conditions set out in, the convertible securities issuance deed dated 23 April 2018, the details of which were disclosed to the market via its RNS on Monday 23 April.
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About Angus Energy plc.
Angus Energy plc. is a UK AIM quoted independent onshore oil and gas production and development company focused on leveraging its expertise to advance its portfolio of UK assets as well as acquire, manage and monetise select projects. Angus Energy majority owns and operates conventional oil production fields at Brockham (PL 235) and Lidsey (PL 241) and has a 12.5% interest in the Holmwood licence (PEDL143) along with an agreement to acquire a 25% interest in the Balcombe Licence (PEDL244).
Enquiries:
| Angus Energy Plc | |
| Jonathan Tidswell-Pretorius / Paul Vonk | Tel: +44 (0) 208 899 6380 |
| Beaumont Cornish (NOMAD) | |
| James Biddle/ Roland Cornish | Tel: +44 (0) 207 628 3396 |
| Optiva Securities Limited (BROKER) | |
| Jeremy King/ Ed McDermott | Tel: +44 (0) 203 137 1902 |
| Yellow Jersey | |
| Tim Thompson | Tel: +44 (0) 203 735 8825 |
This information is provided by RNS
The company news service from the London Stock Exchange
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