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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Igas Energy Plc | LSE:IGAS | London | Ordinary Share | GB00BZ042C28 | ORD 0.002P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 14.89 | 14.80 | 14.98 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMIGAS
RNS Number : 2411E
Igas Energy PLC
06 July 2021
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
6 July 2021
IGas Energy plc (AIM: IGAS)
("IGas" or "the Company")
Reserves Based Lending (RBL) redetermination completed
IGas is pleased to confirm it has completed its scheduled six-monthly RBL facility redetermination process.
The redetermination exercise confirms US$27.0 million (GBP19.5 million) of debt capacity and current headroom of US$8.6 million (GBP6.2 million). As at 30 June 2021, cash balances stood at US$3.6 million, with net debt of US$18.4 million.
For further information please contact:
IGas Energy plc Tel: +44 (0)20 7993 9899
Stephen Bowler, Chief Executive Officer
Ann-marie Wilkinson, Director of Corporate Affairs
Investec Bank plc (NOMAD and Joint Corporate Broker) Tel: +44 (0)20 7597 5970
Sara Hale/Jeremy Ellis/Virginia Bull
Canaccord Genuity (Joint Corporate Broker) Tel: +44 (0)20 7523 8000
Henry Fitzgerald-O'Connor/James Asensio
Vigo Consulting Tel: +44 (0)20 7390 0230
Patrick d'Ancona/Chris McMahon/Kendall Hill
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END
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(END) Dow Jones Newswires
July 06, 2021 02:00 ET (06:00 GMT)
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