Fenikso LtdAQUIS: FNK

Fenikso: Receipt of funds for repayment of US$51.9m loan

· Issued by Fenikso Ltd via RNS

Summary by 6ix AI

Fenikso Limited, the Cayman Islands enterprise company, received US$692,276.80 as partial repayment of the loan of US$51,919,467, under the Lekoil & Gas Investments (LOGI) Loan entered into on December 31, 2022 as part of the Fenikso restructuring.

Key details

  • The remaining amount under the loan is US$30,241,204.
  • The amount received equates to 8.65% of the most recent payment from crude oil sales received by LOGI.

What’s still pending

  • The next payment is scheduled for December 2026.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/receipt-of-funds-for-repayment-of-usdollar519m-loan-2

Fenikso Limited
16 October 2026
 

Fenikso Limited

Receipt of funds for repayment of US$51.9m loan

16th October 2026: Fenikso Limited (AQSE: FNK) (the “Company”), the Cayman Islands enterprise company, announces the receipt of funds under the Lekoil & Gas Investments (“LOGI”) Loan entered in to on 31 December 2022 as part of the Fenikso restructuring. Fenikso Limited received US$692,276.80 as partial repayment of the loan of US$51,919,467. The remaining amount under the loan is US$30,241,204. The amount received equates to 8.65% of the most recent payment from crude oil sales received by LOGI. The next payment is scheduled for December 2026.  

The Directors of Fenikso accept responsibility for this announcement. 

For further information, please visit www.feniksoltd.com or contact:

Fenikso Limited 

Thomas Richardson, Chairman

info@feniksoplc.com 

First Sentinel Corporate Finance Limited

Brian Stockbridge, Corporate Adviser

+44 7858 888 007

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