TIDMBPC

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                Tel: +44 (0) 1624 
      Simon Potter, Chief Executive Officer        647 882 
 Strand Hanson Limited - Nomad                    Tel: +44 (0) 20 7409 
  Rory Murphy / James Spinney / Jack Botros        3494 
 Shore Capital Stockbrokers Limited -             Tel: +44 (0) 207 408 
  Joint Broker                                     4090 
  Jerry Keen / Toby Gibbs 
 Investec Bank Plc - Joint Broker                 Tel: +44 (0) 207 597 
  Chris Sim / Rahul Sharma                         5970 
 CAMARCO                                          Tel: +44 (0) 020 3757 
  Billy Clegg / James Crothers / Hugo Liddy        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.

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

IOEMZGZMNKNGMZM

(END) Dow Jones Newswires

January 26, 2021 02:00 ET (07:00 GMT)

Challenger Energy (LSE:CEG)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Challenger Energy Charts.
Challenger Energy (LSE:CEG)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Challenger Energy Charts.