26 Jan 2021 07:00
26 January 2021
Bahamas Petroleum Company plc
("BPC" or the "Company")
Issue of Warrants
BPC announces that, following its announcement on 12 January 2021 regarding the exercise of the Company Put option with an institutional investment fund managed by Lombard Odier Asset Management, the Company has issued 9,375,000 warrants to advisors in settlement of certain fees for this transaction. The warrants are exercisable for a period of 3 years at an exercise price of 2 pence per share.
For further information, please contact:
Bahamas Petroleum Company plc Simon Potter, Chief Executive Officer | Tel: +44 (0) 1624 647 882 |
Strand Hanson Limited - Nomad Rory Murphy / James Spinney / Jack Botros | Tel: +44 (0) 20 7409 3494 |
Shore Capital Stockbrokers Limited - Joint Broker Jerry Keen / Toby Gibbs
| Tel: +44 (0) 207 408 4090 |
Investec Bank Plc - Joint Broker Chris Sim / Rahul Sharma | Tel: +44 (0) 207 597 5970 |
CAMARCO Billy Clegg / James Crothers / Hugo Liddy | Tel: +44 (0) 020 3757 4980 |
The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.