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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Nighthawk | LSE:HAWK | London | Ordinary Share | GB00B156TD53 | ORD 0.25P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.115 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMHAWK
RNS Number : 2853W
Nighthawk Energy plc
18 August 2015
18 August 2015
NIGHTHAWK ENERGY PLC
("Nighthawk" or "the Company")
Completion of Financing
Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces the successful closure of the GBP6.4 million (approximately US$10.0 million) fundraise by way of an underwritten issue of zero coupon unsecured convertible loan notes ("Convertible Loan Notes") previously announced on 31 July 2015.
As previously announced, the issue of Convertible Loan Notes was underwritten and partially subscribed by Mr Johan Claesson, a director of the Company and the Company's major shareholder. Following closure of the underwriting period on 14 August 2015, Mr Claesson holds a total of GBP4,339,200 nominal (approximately US$6,780,000) of the Convertible Loan Notes.
The principal terms of the Convertible Loan Notes are summarised in the Company's announcement of 31 July 2015. The notes are convertible at any time at 3p per ordinary share.
As a result of this transaction, Mr Claesson's interest in the Company's ordinary shares remains unchanged at 159,365,297 ordinary shares representing approximately 16.5 per cent. of the Company's issued ordinary share capital.
Enquiries:
Nighthawk Energy plc Rick McCullough, Chairman +1 303 407 9600 Richard Swindells, Chief Financial Officer +44 (0) 20 3582 1350 Westhouse Securities Limited +44 (0) 20 7601 6100 Alastair Stratton Robert Finlay Canaccord Genuity +44 (0) 20 7523 8000 Manuel Santiago Henry Fitzgerald-O'Connor FTI Consulting +44 (0) 20 3727 1000 Ben Brewerton ben.brewerton@fticonsulting.com Ed Westropp edward.westropp@fticonsulting.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCSFDFIWFISEIA
(END) Dow Jones Newswires
August 18, 2015 02:00 ET (06:00 GMT)
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