Premier Oil PLC Court Sanction (8944S)
March 19 2021 - 8:00AM
UK Regulatory
TIDMPMO
RNS Number : 8944S
Premier Oil PLC
19 March 2021
19 March 2021
Premier Oil plc
("Premier")
Court Sanction
Premier is pleased to announce that the restructuring plans of
Premier and Premier Oil UK Limited (the "Restructuring Plans")
received sanction today at a hearing of the Court of Session in
Scotland. Following the sanction of the Restructuring Plans, the
all share merger between Premier and Chrysaor Holdings Limited and
the reorganisation of Premier's existing debt and cross currency
swaps are expected to complete on 31 March 2021.
Enquiries
Premier Oil plc Tel: 020 7824 1116
Richard Rose, Finance Director and Interim
CEO
Elizabeth Brooks, Head of Investor Relations
Camarco Tel: 020 3757 4983
Billy Clegg
Georgia Edmonds
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