Nighthawk Energy plc Completion of Financing (2853W)
18 August 2015 - 4:00PM
UK Regulatory
TIDMHAWK
RNS Number : 2853W
Nighthawk Energy plc
18 August 2015
18 August 2015
NIGHTHAWK ENERGY PLC
("Nighthawk" or "the Company")
Completion of Financing
Nighthawk, the US focused oil development and production company
(AIM: HAWK and OTCQX: NHEGY), announces the successful closure of
the GBP6.4 million (approximately US$10.0 million) fundraise by way
of an underwritten issue of zero coupon unsecured convertible loan
notes ("Convertible Loan Notes") previously announced on 31 July
2015.
As previously announced, the issue of Convertible Loan Notes was
underwritten and partially subscribed by Mr Johan Claesson, a
director of the Company and the Company's major shareholder.
Following closure of the underwriting period on 14 August 2015, Mr
Claesson holds a total of GBP4,339,200 nominal (approximately
US$6,780,000) of the Convertible Loan Notes.
The principal terms of the Convertible Loan Notes are summarised
in the Company's announcement of 31 July 2015. The notes are
convertible at any time at 3p per ordinary share.
As a result of this transaction, Mr Claesson's interest in the
Company's ordinary shares remains unchanged at 159,365,297 ordinary
shares representing approximately 16.5 per cent. of the Company's
issued ordinary share capital.
Enquiries:
Nighthawk Energy plc
Rick McCullough, Chairman +1 303 407 9600
Richard Swindells, Chief
Financial Officer +44 (0) 20 3582 1350
Westhouse Securities
Limited +44 (0) 20 7601 6100
Alastair Stratton
Robert Finlay
Canaccord Genuity +44 (0) 20 7523 8000
Manuel Santiago
Henry Fitzgerald-O'Connor
FTI Consulting +44 (0) 20 3727 1000
Ben Brewerton ben.brewerton@fticonsulting.com
Ed Westropp edward.westropp@fticonsulting.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCSFDFIWFISEIA
(END) Dow Jones Newswires
August 18, 2015 02:00 ET (06:00 GMT)
Nighthawk Energy (LSE:HAWK)
Historical Stock Chart
From May 2024 to Jun 2024
Nighthawk Energy (LSE:HAWK)
Historical Stock Chart
From Jun 2023 to Jun 2024
Real-Time news about Nighthawk (London Stock Exchange): 0 recent articles
More Nighthawk Energy PLC News Articles