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Bahamas Petroleum Co - Issue of Warrants

RNS Number : 8245M
Bahamas Petroleum Company PLC
26 January 2021
 

26 January 2021

 

Bahamas Petroleum Company plc

 

("BPC" or the "Company")

 

Issue of Warrants

 

BPC announces that, following its announcement on 12 January 2021 regarding the exercise of the Company Put option with an institutional investment fund managed by Lombard Odier Asset Management, the Company has issued 9,375,000 warrants to advisors in settlement of certain fees for this transaction.  The warrants are exercisable for a period of 3 years at an exercise price of 2 pence per share.

 

For further information, please contact:

 

Bahamas Petroleum Company plc

Simon Potter, Chief Executive Officer

Tel: +44 (0) 1624 647 882

Strand Hanson Limited - Nomad

Rory Murphy / James Spinney / Jack Botros

Tel: +44 (0) 20 7409 3494

Shore Capital Stockbrokers Limited - Joint Broker

Jerry Keen / Toby Gibbs

 

Tel: +44 (0) 207 408 4090

Investec Bank Plc - Joint Broker

Chris Sim / Rahul Sharma

Tel: +44 (0) 207 597 5970

CAMARCO

Billy Clegg / James Crothers / Hugo Liddy

Tel: +44 (0) 020 3757 4980

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

 

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Quick facts: Bahamas Petroleum Company PLC

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Market: LSE
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