Issue of Convertible Security

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.

END.

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: [phone]
Beaumont Cornish (NOMAD)
James Biddle/ Roland Cornish	Tel: [phone]
Optiva Securities Limited (BROKER)
Jeremy King/ Ed McDermott	Tel: [phone]
Yellow Jersey
Tim Thompson	Tel: [phone]

 

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