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  5. Stable Platform Agreement approved

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Stable Platform Agreement approved

9 Jul 2020 07:00

RNS Number : 4654S
Premier Oil PLC
09 July 2020
 

Premier Oil plc

("Premier" or "the Group" or "the Company")

Stable Platform Agreement approved

9 July 2020

 

 

Premier is pleased to announce that its creditors have approved the "Stable Platform Agreement". As a result, the Company's financial covenants have been waived through to 30 September 2020 whilst discussions continue over the proposed amendments to the Group's existing credit facilities.

 

Enquiries

 

Premier Oil plc

Tel: 020 7824 1116

Tony Durrant (CEO)

Richard Rose (Finance Director)

 

 

Camarco

Tel: 020 3757 4983

Billy Clegg

Georgia Edmonds

James Crothers

 

 

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.
 
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