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Synergia Energy Ltd announced an update regarding its 1,750 convertible loan notes, originally issued on 9 March 2023 with their maturity extended to 30 September 2024. On 30 September 2024, the Company will repay GBP 107,822 in cash for 1,000 notes. For the remaining 750 notes, Synergia Energy Ltd will issue 101,083,050 new ordinary shares, with an application for AIM admission expected on or around 30 September 2024.
| Date | 27 Sept 2024 |
| Time | 07:00:02 |
| Category | Miscellaneous |
| ID | 8839F |
RNS Announcement
27 September 2024
AIM: SYN
Update on Extended Convertible Loan Notes
Synergia Energy Ltd (AIM: SYN) (the "Company") provides an update in relation to the 1,750 convertible loan notes, which were originally issued by the Company effective 9 March 2023, had an original maturity date of 9 March 2024, and which had their maturity dates extended to 30 September 2024.
The Company will on 30 September 2024 repay in cash the sum of GBP 107,822 including interest in respect of 1,000 notes.
The Company will issue 101,083,050 new ordinary shares of the Company in relation to conversion of the remaining 750 convertible loan notes plus interest. An application for the admission to trading on AIM of these new ordinary shares is expected to be made on or around 30 September 2024.
For and on behalf of Synergia Energy Ltd
Roland Wessel
CEO
For further information, please contact:
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Investor Enquires Synergia Energy Ltd Briana Stayt Investor Relations Email: Tel: +61 8 9485 3200 Australia |
AIM Joint Broker Panmure Gordon (UK) Ltd Broker Mark Murphy / Hugh Rich / Freddie Wooding Tel: +44 (0)20 7886 2500 UK |
AIM Joint Broker Novum Securities Broker Colin Rowbury Email: Tel: +44 20 7399 9427 UK |
AIM Nominated Adviser Strand Hanson Limited Nominated Adviser Ritchie Balmer / Rory Murphy Tel: +44 20 7409 3494 UK |
Media Enquires (UK) Vigo Consulting Investor Relations Patrick d'Ancona / Finlay Thomson Email: Tel:+ 44 20 7390 0230 UK |