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3 Apr 2018 07:00
03 April 2018
San Leon Energy plc
("San Leon" or the "Company")
Payment Received Against MLPL Loan Notes
Repayment of Midwestern Leon Petroleum Limited ("MLPL") Loan Notes (the "Loan Notes")
San Leon Energy plc (the "Company"), the AIM listed company focused on oil and gas development and appraisal in Africa and Europe, is scheduled to be paid approximately US$19 million per quarter by MLPL in respect of the Loan Notes. San Leon can now confirm that it has received approximately $19 million in full satisfaction of MLPL's obligations for Q1 2018 in respect of the Loan Notes.
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
Enquiries:
San Leon Energy plc | + 353 1291 6292 |
Oisin Fanning, Chief Executive | |
SP Angel Corporate Finance LLP (Nominated Adviser) | +44 20 3470 0470 |
Richard Morrison | |
Ewan Leggat | |
Whitman Howard Limited (Financial adviser and Joint broker) | +44 20 7659 1234 |
Nick Lovering | |
Francis North | |
Brandon Hill Capital Limited (Joint broker to the Company) | +44 20 3463 5000 |
Oliver Stansfield | |
Jonathan Evans | |
Vigo Communications (Financial Public Relations) | +44 20 7830 9700 |
Chris McMahon | |
Kate Rogucheva | |
Plunkett Public Relations | +353 1 280 7873 |
Sharon Plunkett |
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