Cadogan Petroleum Loan to Proger Managers & Partners srl
March 09 2021 - 2:00AM
UK Regulatory
TIDMCAD
9 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 following the announcement made on 1st March
2021 it has agreed, at the request of the Borrower, Proger Managers & Partners
srl ("PMP"), to postpone the Loan reimbursement until 19 March 2021. As at 25
February 2021, being the Maturity Date, the reimbursement due was Euro
14,857,350 in terms of principal and the interest accrued. A further update
will be provided in due course.
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 Officer
fady.khallouf@cadoganpetroleum.com
Ben Harber Company Secretary +44 0207
264 4366
END
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