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Pin to quick picksIgas Energy Regulatory News (IGAS)

Share Price Information for Igas Energy (IGAS)

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Share Price: 75.60
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Change: 0.20 (0.27%)
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Redetermination Update

Tue, 6th Jul 2021 07:00

RNS Number : 2411E
Igas Energy PLC
06 July 2021
 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

 

6 July 2021

 

IGas Energy plc (AIM: IGAS)

("IGas" or "the Company")

 

Reserves Based Lending (RBL) redetermination completed

IGas is pleased to confirm it has completed its scheduled six-monthly RBL facility redetermination process.

The redetermination exercise confirms US$27.0 million (£19.5 million) of debt capacity and current headroom of US$8.6 million (£6.2 million). As at 30 June 2021, cash balances stood at US$3.6 million, with net debt of US$18.4 million.

 

For further information please contact:

IGas Energy plc Tel: +44 (0)20 7993 9899

Stephen Bowler, Chief Executive Officer

Ann-marie Wilkinson, Director of Corporate Affairs

 

Investec Bank plc (NOMAD and Joint Corporate Broker) Tel: +44 (0)20 7597 5970

Sara Hale/Jeremy Ellis/Virginia Bull

 

Canaccord Genuity (Joint Corporate Broker) Tel: +44 (0)20 7523 8000

Henry Fitzgerald-O'Connor/James Asensio

 

Vigo Consulting Tel: +44 (0)20 7390 0230

Patrick d'Ancona/Chris McMahon/Kendall Hill

 

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Date   Source Headline
10th Aug 202210:53 amRNSHolding(s) in Company
4th Aug 20223:01 pmRNSHolding(s) in Company
2nd Aug 20223:39 pmRNSBlock Listing Six Monthly Return
2nd Aug 20227:00 amRNSRBL Redetermination Completed & Notice of Results
1st Aug 20227:00 amRNSTotal Voting Rights

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