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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Harbour Energy Plc | LSE:PMO | London | Ordinary Share | Ordinary Shares |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 22.40 | 22.50 | 22.60 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMPMO
RNS Number : 2573A
Premier Oil PLC
23 March 2017
This announcement has been determined to contain inside information
PREMIER OIL PLC
("Premier")
Revised conversion price for Premier's convertible bonds
23 March 2017
Further to the announcement on 1 March 2017 setting out the proposed changes to the terms of its $245m convertible bonds, Premier today confirms the amended conversion price will be 74.71p, a premium of 20% to the volume weighted average price of Premier's shares over the period from 1 March to 22 March 2017 (inclusive). The exchange rate to be used on any future conversion of the bonds will be re-set to a fixed rate of $1.2280/GBP.
As previously announced, Premier will seek to implement the amendments to the terms of the convertible bonds by way of extraordinary resolution at a meeting of the convertible bondholders. The amendments will become effective on completion of Premier's refinancing.
Enquiries Premier Oil plc Tel: 020 7730 1111 Tony Durrant (CEO) Richard Rose (Finance Director) Bell Pottinger Tel: 020 3772 2570 Lorna Cobbett Henry Lerwill
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUUOWRBUAOUAR
(END) Dow Jones Newswires
March 23, 2017 03:00 ET (07:00 GMT)
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