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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Harbour Energy Plc | LSE:HBR | London | Ordinary Share | GB00BMBVGQ36 | ORD 0.002P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-5.30 | -1.71% | 304.10 | 306.00 | 307.00 | 315.00 | 304.90 | 315.00 | 933,349 | 16:35:10 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPMO
RNS Number : 6318O
Premier Oil PLC
08 November 2016
This announcement has been determined to contain inside information
PREMIER OIL PLC
("Premier" or "the Company")
Market speculation
8 November 2016
Premier notes the movement of the share price over the past two days and speculation regarding secondary market activity by the Company's debt holders. The Company has received assurances that none of its senior lenders represented on the Bank Creditors Committee have exited, or are proposing to exit, their loan position at this time (including Lloyds Bank). There have been no changes to the composition of the Bank Creditors Committee.
Discussions with the various lending groups on the Company's proposed refinancing continue to progress towards a near term agreement of all parties. Premier retained significant cash and undrawn facilities of c.US$800 million at 30 June 2016 and continues to have access to undrawn headroom under its main facility, with the agreement of its banks.
A further update is planned in conjunction with the Company's Trading and Operations update on November 17(th) .
Enquiries Premier Oil plc Tel: 020 7730 1111 Tony Durrant, Chief Executive 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
MSCFSUFEAFMSEIF
(END) Dow Jones Newswires
November 08, 2016 08:01 ET (13:01 GMT)
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