Receipt of funds for repayment of US$51.9m loan
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Fenikso Limited
Receipt of funds for repayment of US$51.9m loan
31st July 2026: Fenikso Limited (AQSE: FNK) (the "Company"), the Cayman Islands enterprise company, announces the receipt of funds under the Lekoil & Gas Investments ("LOGI") Loan entered in to on 31 December 2022 as part of the Fenikso restructuring. Fenikso Limited received US$486,612 as partial repayment of the loan of US$51,919,467. The remaining amount under the loan is US$30,933,481. The amount received equates to 8.65% of the most recent payment from crude oil sales received by LOGI. The next payment is scheduled for September 2026.
The Directors of Fenikso accept responsibility for this announcement.
For further information, please visit www.feniksoplc.com or contact:
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Fenikso Limited |
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Thomas Richardson, Chairman |
info@feniksoltd.com |
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First Sentinel Corporate Finance Limited |
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Brian Stockbridge, Corporate Adviser |
+44 7858 888 007 |
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