San Leon Energy PLC Further update on the proposed transactions (4073L)
2023年1月3日 - 4:00PM
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RNS Number : 4073L
San Leon Energy PLC
03 January 2023
3 January 2023
San Leon Energy plc
(" San Leon " or the " Company ")
Further update on the proposed transactions with Midwestern
San Leon, the independent oil and gas production, development
and exploration company focused on Nigeria, announces a further
update in relation to the Proposed MLPL Reorganisation, details of
which were set out in the Company's AIM Admission Document
published on 8 July 2022 (the "Admission Document").
Further to the announcement made on 1 December 2022, t he MLPL
Reorganisation Agreement 's deadline for the satisfaction of the
condition relating to the New Eroton Debt Facilities being entered
into, which had already previously been extended to 3 1 December
2022, has now been further extended to 3 1 March 202 3 by agreement
between the Company and Midwestern.
As previously announced, t he Sahara OML 18 Acquisition
Agreement will not be entered into until after the New Eroton Debt
Facilities have been entered into and the funds to allow the Eroton
OML 18 Transactions to proceed are available, and therefore the
MLPL Reorganisation Agreement 's deadline for the Sahara OML 18
Acquisition Agreement to be entered into has also now been further
extended to 31 March 202 3 by agreement between the Company and
Midwestern .
These extensions bring the timelines for the satisfaction of the
MLPL Reorganisation Agreement 's conditions relating to the New
Eroton Debt Facilities and the Sahara OML 18 Acquisition Agreement
in line with the current longstop timelines for the completion of
the MLPL Reorganisation Agreement and the ELI Reorganisation.
Unless otherwise defined herein, the capitalised defined terms
used in this announcement have the same meaning as those used in
the Admission Document.
Enquiries:
San Leon Energy plc +353 1291 6292
Oisin Fanning, Chief Executive
Julian Tedder, Chief Financial Officer
Allenby Capital Limited
(Nominated adviser and joint broker to the Company) +44 20 3328 5656
Nick Naylor
Alex Brearley
Vivek Bhardwaj
Panmure Gordon & Co
(Joint broker to the Company) +44 20 7886 2500
James Sinclair-Ford
John Prior
Tavistock
(Financial Public Relations) +44 20 7920 3150
Nick Elwes
Simon Hudson
Plunkett Public Relations +353 1 230 3781
Sharon Plunkett
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(END) Dow Jones Newswires
January 03, 2023 02:00 ET (07:00 GMT)
San Leon Energy (AQSE:SLE.GB)
過去 株価チャート
から 5 2024 まで 6 2024
San Leon Energy (AQSE:SLE.GB)
過去 株価チャート
から 6 2023 まで 6 2024