Challenger Energy Group PLC Full Repayment of Bridge Loan (9982S)
10 November 2023 - 8:00AM
UK Regulatory
TIDMCEG
RNS Number : 9982S
Challenger Energy Group PLC
10 November 2023
10 November 2023
Challenger Energy Group PLC
("Challenger Energy" or the "Company")
FULL REPAYMENT OF BRIDGE LOAN
Challenger Energy (AIM: CEG), the Caribbean and Americas focused
oil and gas company, with a range of oil production, development,
appraisal, and exploration assets in the region, is pleased to
advise that consistent with the terms of the short-term bridge loan
(as per announcement of 27 October 2023), part of the proceeds from
completion of the transaction for the sale of the Cory Moruga
licence (as per announcement of 7 November 2023), have been applied
to repayment of the bridge loan. Consequently, the short-term
bridge loan has been fully discharged resulting in the Company
becoming debt-free.
For further information, please contact:
Challenger Energy Group PLC Tel: +44 (0) 1624 647
Eytan Uliel, Chief Executive Officer 882
WH Ireland - Nomad and Joint Broker Tel: +44 (0) 20 7220
Antonio Bossi / Darshan Patel / Isaac 1666
Hooper
Zeus Capital - Joint Broker Tel: +44 (0) 20 3829
Simon Johnson 5000
Gneiss Energy Limited - Financial Tel: +44 (0) 20 3983
Adviser 9263
Jon Fitzpatrick / Paul Weidman / Doug
Rycroft
CAMARCO Tel: +44 (0) 20 3757
Billy Clegg / Hugo Liddy / Sam Morris 4980
Notes to Editors
Challenger Energy is a Caribbean and Americas focused oil and
gas company, with a range of oil production, development,
appraisal, and exploration assets in the region. The Company's
primary assets are located in Uruguay, where the Company holds high
impact offshore exploration licences, and in Trinidad and Tobago,
where the Company has a number of producing fields and
earlier-stage exploration / appraisal projects.
Challenger Energy is quoted on the AIM market of the London
Stock Exchange.
https://www.cegplc.com
ENDS
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCDZMGMVLRGFZM
(END) Dow Jones Newswires
November 10, 2023 02:00 ET (07:00 GMT)
Challenger Energy (AQSE:CEG.GB)
Historical Stock Chart
Von Nov 2024 bis Dez 2024
Challenger Energy (AQSE:CEG.GB)
Historical Stock Chart
Von Dez 2023 bis Dez 2024