I3E3 Jun 2019 08:20
Hmmmm acloan note and a placing all in one. I see positive movement
i3 Energy plc, an independent oil and gas company with assets and operations in the UK, is pleased to announce that it has closed investments with funds managed by Bybrook Capital LLP, BP Oil International Limited, funds managed by Lombard Odier Investment Managers group, and James Caird Asset Management in a £22mm junior loan note facility, the key terms of which were announced by the Company on 1st March 2019 ("Junior Facility" or "Loan Notes"). The £2mm ordinary share placing ("Share Placing") with funds managed by Lombard Odier Investment Managers group, announced on 30th May 2019, has also now completed.