We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksIGAS.L Regulatory News (IGAS)

  • There is currently no data for IGAS

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Redetermination Update

6 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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCKZGGNLKGGMZM
Date   Source Headline
10th Mar 20157:03 amRNSUK Shale Farm out Agreement with INEOS Upstream
6th Mar 20154:35 pmRNSPrice Monitoring Extension
27th Jan 20157:01 amRNSResponse to Infrastructure Bill
23rd Jan 20155:00 pmRNSShare Incentive Plan
22nd Jan 20153:33 pmRNSAdditional Listing
24th Dec 201412:19 pmRNSHolding(s) in Company
15th Dec 20147:00 amRNSEllesmere Port Drilling Results
1st Dec 20149:33 amRNSCorrection re announcement of 26 November 2014
26th Nov 20147:00 amRNSHalf Yearly Report
17th Nov 20147:00 amRNSDrilling Update: Ellesmere Port Well Spudded
14th Nov 20147:00 amRNSStatement re Share Price Movement
4th Nov 20147:00 amRNSBarton Moss exploration well results & Group GIIP
23rd Oct 20144:00 pmRNSShare Incentive Plan
21st Oct 20141:00 pmRNSCompletion of Shareholder Sale Facility
21st Oct 20147:00 amRNSCompetition and Markets Authority Clearance
20th Oct 20144:00 pmRNSHolding(s) in Company
16th Oct 20149:10 amRNSCompletion of Acquisition
15th Oct 20149:27 amRNSAdditional Listing
10th Oct 20147:00 amRNSPlanning Inspector allows Dart Energy's appeal
9th Oct 20147:00 amRNSTrading Update and Notice of Results
1st Oct 20147:00 amRNSScheme of Arrangement becomes Effective
30th Sep 20147:00 amRNSCourt approves Scheme of Arrangement
25th Sep 20147:00 amRNSScheme of Arrangement Update
23rd Sep 20147:00 amRNSScheme of arrangement update
10th Sep 20147:00 amRNSUpdate re acquisition of Dart Energy
1st Sep 201411:27 amRNSResult of AGM
1st Sep 20147:00 amRNSAGM Statement
26th Aug 20147:00 amRNSFurther re Acquisition of Dart Energy
21st Aug 20147:00 amRNSDrilling Update - NW England
25th Jul 20147:30 amRNSNotification of Transactions of Directors
24th Jul 20144:30 pmRNSShare Incentive Plan
23rd Jul 20148:15 amRNSFurther Re Dart Energy
9th Jul 201412:00 pmRNSHolding(s) in Company
25th Jun 20147:22 amRNSFinal Results
30th May 20147:00 amRNSAcquisition Update
9th May 20149:31 amRNSAcquisition
23rd Apr 20144:02 pmRNSAdditional Listing
9th Apr 20145:09 pmRNSAdditional Listing
31st Mar 20147:31 amRNSCompletion of 3D seismic PEDL139/140
31st Mar 20147:00 amRNSExploration Drilling and Operational Update
4th Feb 20147:00 amRNSCompletion of Farm-out Agreement with Total E&P UK
23rd Jan 201411:00 amRNSIGas Share Incentive Plan
17th Jan 20142:21 pmRNSAdditional Listing
16th Jan 20147:00 amRNSDirector Share Purchase
15th Jan 20143:41 pmRNSHolding(s) in Company
13th Jan 20147:00 amRNSFarm-out Agreement with Total E&P UK Limited
9th Jan 20141:23 pmRNSHolding(s) in Company
6th Dec 201312:41 pmRNSAcquisition
5th Dec 20132:17 pmRNSAdditional Listing
4th Dec 20137:00 amRNSStatement re. Bond Issue

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.