Synergia Energy LtdLSE: SYN

Update on Extended Convertible Loan Notes

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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

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Roland Wessel

CEO

For further information, please contact:

Investor Enquires

Synergia Energy Ltd

Briana Stayt

Investor Relations

Email: 

bstayt@synergiaenergy.com

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: 

crowbury@novumsecurities.com

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:

patrick.dancona@vigoconsulting.com

finlay.thomson@vigoconsulting.com

Tel:+ 44 20 7390 0230

UK