Sunda Energy Converts Loan Notes to Shares, Bolstering Market Position

PUBLISHED: 16 May 2025 @ 18:00 | Comments (0) | More info about Fiona Craig

Sunda Energy Plc (LSE:SNDA) has completed the conversion of loan notes into ordinary shares, issuing over 3.1 billion new shares to its investors. Alongside this, the company has granted warrants that provide investors the option to purchase additional shares at a premium price. These actions are designed to improve Sunda Energy’s financial flexibility and reinforce its foothold in the Southeast Asian gas market.

About Sunda Energy

Sunda Energy Plc is an AIM-listed exploration and appraisal company concentrating on gas assets across Southeast Asia. The company focuses on developing and managing energy resources within the region.

Average Trading Volume: 142,298,891
Technical Sentiment: Sell
Market Capitalization: £12.4 million

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