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HAWK Nighthawk

0.115
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
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

Nighthawk Energy plc Completion of Financing (2853W)

18/08/2015 7:00am

UK Regulatory


Nighthawk Energy (LSE:HAWK)
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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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