Business
Update on NEX Exchange Bond Issue
Update on NEX Exchange Bond Issue.
About this update from Angus Energy Plc
[{"type":"text","content":"\n \nRNS Number : 2235S Angus Energy PLC 29 September 2017 \n\n 29 September 2017\n \nAngus Energy Plc\n(\"Angus Energy\", \"Angus\" or the \"Company\")\n \nUpdate on NEX Exchange Bond Issue\n \n \nOn 16 February 2017, Angus Energy published an announcement on the NEX Exchange website stating that it had published an Information Memorandum in connection with its application for admission of up to £3,500,000 sterling denominated secured bonds of denomination £1, with a maturity date of 30 June 2022, (the \"NEX Bonds\") to trading on the NEX Exchange Growth Market with an expected admission date of on or around 23 March 2017 for the first tranche of NEX Bonds (the \"NEX Announcement\"). \n \nThe expected admission date for the first tranche of NEX Bonds is now postponed and we'll update the market when a decision on a revised expected admission date has been set.\n \nPaul Vonk, Angus Energy's Managing Director, commented: \n \n\"Following the successful admission to AIM on 14 November 2016 we were in a position to use all the legal, financial and technical due diligence used for the AIM admission to publish a NEX Bonds Information Memorandum. \n \nThe Board intends to use the NEX Bonds as a facility and will only complete the admission to trading on the NEX Exchange Growth Market when it will be required. We will update the market in due course on the expected date of admission to trading.\" \n \n \nEND.\nEnquiries:\n\n\n\n\nAngus Energy Plc\n\n\n\n\n\n\n\nJonathan Tidswell-Pretorius / Paul Vonk\n\n\nTel: +44 (0) 208 899 6380\n\n\n\n\n\n\n\n\n\n\n\...