23 Sep 2016 07:00
RNS Number : 6193K
JKX Oil & Gas PLC
23 September 2016
23 September 2016
JKX Oil & Gas plc ("JKX", the "Company" or the "Group")
Repurchase of Convertible Bonds
JKX Oil & Gas plc confirms that on 22 September 2016 it repurchased $1.4 million, in principal amount, of its outstanding convertible bonds which mature in 2018.
The Company intends to cancel the bonds it has repurchased and continues to explore various options for restructuring the remaining $22.4 million, in principal amount, of bonds as set out in its Operational Update released on 21 September 2016.
ENDS
For further information please contact EM:
Stuart Leasor
leasor@em-comms.com
T: +44 20 3709 5711
M: +44 7703 537721
Jeroen van de Crommenacker
crommenacker@em-comms.com
T: +44 20 3709 5713
M: +44 7887 946719
This information is provided by RNS
The company news service from the London Stock Exchange