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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Cadogan Energy Solutions Plc | LSE:CAD | London | Ordinary Share | GB00B12WC938 | ORD 3P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.40 | 2.30 | 2.50 | 2.40 | 2.40 | 2.40 | 0.00 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Drilling Oil And Gas Wells | 8.47M | -1.56M | -0.0064 | -3.75 | 5.86M |
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TIDMCAD
1st March 2021
This announcement contains inside information as defined under the Market Abuse
Regulations n. 596/2014
Cadogan Petroleum Plc
("Cadogan" or the "Company")
Loan to Proger Managers & Partners srl
Cadogan Petroleum plc ("Cadogan"), the London Stock Exchange listed independent
oil and gas company, reports that it has notified the Borrower, Proger Managers
& Partners srl ("PMP"), that according to the Loan Agreement the Maturity Date
occurred on Thursday 25 February 2021.
Cadogan did not exercise its Call Option Right within the Maturity Date.
PMP must fulfill the payment of Euro 14,857,350.00 being reimbursement of the
Loan in terms of principal and the interest accrued to date, within the next
five business days.
ENDS
About
Cadogan is an independent, diversified oil and gas company, which operates
exploration and production licenses in Western Ukraine, conducts gas trading
operations, and provides services to E&P companies.
For further information, please contact:
Cadogan Petroleum plc
Fady Khallouf Chief Executive fady.khallouf@cadoganpetroleum.com
Officer +44 0207 264 4366
Ben Harber Company Secretary
END
(END) Dow Jones Newswires
March 01, 2021 02:00 ET (07:00 GMT)
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