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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Petroceltic | LSE:PCI | London | Ordinary Share | IE00BB0QZ876 | ORD EUR0.3125 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 7.495 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jul 2019 to Jul 2024
TIDMPCI
RNS Number : 6698P
Petroceltic International PLC
22 February 2016
Dublin
22 February 2016
Petroceltic International Plc
Senior Bank Facility Update
Petroceltic International plc (AIM: PCI) ("Petroceltic" or the "Company"), the oil and gas exploration, development and production company, today announces that, following the announcement by the Company on 23 December 2015 of its strategic review, it has received a further waiver of repayments under its Senior Bank Facility to 4 March 2016. This waiver is conditional upon, inter alia, continued satisfactory progress in relation to the progress of the various initiatives being undertaken pursuant to the strategic review.
The Company's lenders have also indicated their willingness to consider such further waivers as may be required to continue the strategic review process based on circumstances applying at the time of any application.
Further announcements on the Company's financial position, and the status of the strategic review, will be made as and when appropriate.
Ends
For further information, please contact:
Brian O' Cathain /Tom Hickey, Petroceltic International Tel: +353 (1) 421 8300 James Henderson / Rollo Crichton-Stuart, Bell Pottinger Tel: +44 (20) 3772 2500 Douglas Keatinge / Joe Heron, Murray Consultants Tel: +353 (1) 498 0300 John Frain / Roland French, Davy Tel: +353 (1) 679 6363
The Directors of Petroceltic International plc accept responsibility for the information contained in this announcement. To the best of their knowledge and belief (having taken all reasonable care to ensure that such is the case), the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information.
Notes to Editors:
Petroceltic International plc is an Upstream Oil and Gas Exploration and Production Company with interests in North Africa, the Mediterranean and Black Sea regions, and listed on the London Stock Exchange's AIM Market and the Irish Stock Exchange's ESM Market. The Company has production, exploration and development assets in Algeria, Egypt, Bulgaria and Italy.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCLLFSAFSILFIR
(END) Dow Jones Newswires
February 22, 2016 02:00 ET (07:00 GMT)
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