22 Jun 2016 15:30
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN
22 June 2016
IGas Energy Plc
("IGas" or "The Company")
Statement re Announcement by Pareto Securities
The Company notes the announcement today by Pareto Securities AS, on behalf of an undisclosed client regarding an offer to holders of IGas's USD 165 million senior secured bonds. The announcement can be viewed at http://www.newsweb.no/newsweb/search.do?messageId=404683.
Further to the announcement on 14th June 2016 IGas is in active discussions with its leading bondholders.
The Company will provide a further update as appropriate.
For further information please contact:
IGas Energy plc Tel: +44 (0)20 7993 9899
Stephen Bowler, Chief Executive Officer
Julian Tedder, Chief Financial Officer
Ann-marie Wilkinson, Director of Corporate Affairs
Investec Bank plc (NOMAD and Joint Corporate Broker)
Tel: +44 (0)20 7597 4000
Sara Hale/Jeremy Ellis/George Price
Canaccord Genuity (Joint Corporate Broker) Tel: +44 (0)20 7523 8000
Henry Fitzgerald-O'Connor
Vigo Communications Tel: +44 (0)20 7830 9700
Patrick D'Ancona/Chris McMahon