Cadogan Petroleum Loan to Proger Managers & Partners srl

 
TIDMCAD 
 
1st March 2021 
 
This announcement contains inside information as defined under the Market Abuse 
Regulations n. 596/2014 
 
                             Cadogan Petroleum Plc 
                         ("Cadogan" or the "Company") 
 
                    Loan to Proger Managers & Partners srl 
 
Cadogan Petroleum plc ("Cadogan"), the London Stock Exchange listed independent 
oil and gas company, reports that it has notified the Borrower, Proger Managers 
& Partners srl ("PMP"), that according to the Loan Agreement the Maturity Date 
occurred on Thursday 25 February 2021. 
 
Cadogan did not exercise its Call Option Right within the Maturity Date. 
 
PMP must fulfill the payment of Euro 14,857,350.00 being reimbursement of the 
Loan in terms of principal and the interest accrued to date, within the next 
five business days. 
 
                                     ENDS 
 
About 
 
Cadogan is an independent, diversified oil and gas company, which operates 
exploration and production licenses in Western Ukraine, conducts gas trading 
operations, and provides services to E&P companies. 
 
 
For further information, please contact: 
Cadogan Petroleum plc 
Fady Khallouf                 Chief Executive        fady.khallouf@cadoganpetroleum.com 
Officer                                              +44 0207 264 4366 
Ben Harber                     Company Secretary 
 
 
 
 
 
 
 
END

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March 01, 2021 02:00 ET (07:00 GMT)

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