Trinity Exploration & Production Debt Free (9385X)
16 August 2018 - 4:00PM
UK Regulatory
TIDMTRIN
RNS Number : 9385X
Trinity Exploration & Production
16 August 2018
THIS ANNOUNCEMENT, IS RESTRICTED AND IS NOT FOR RELEASE,
PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA,
JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN
WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A
VIOLATION OF THE SECURITIES LAWS OF SUCH JURISDICTIONS.
THE INFORMATION COMMUNICATED IN THIS ANNOUNCEMENT IS DEEMED BY
THE COMPANY TO CONSTITUTE INSIDE INFORMATION FOR THE PURPOSES OF
ARTICLE 7 OF MARKET ABUSE REGULATION EU NO. 596/2014. UPON THE
PUBLICATION OF THIS ANNOUNCEMENT VIA REGULATORY NEWS SERVICE THIS
INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC
DOMAIN.
Trinity Exploration & Production plc
("Trinity" or "the Company")
Debt Free
Trinity Exploration & Production plc (AIM: TRIN), the
independent exploration and production company focused on Trinidad,
is pleased to announce that it has now repaid all outstanding debt
to the remaining holders of the convertible redeemable loan notes
issued by the Company (the "Loan Notes"), and thereby completes the
full repayment of all outstanding debt.
Bruce A. I. Dingwall CBE, Executive Chairman of Trinity,
commented:
"We are delighted to have repaid early all of our outstanding
debts and now being debt free allows us to remain fully focused on
the future. Moving forward with a clean balance sheet and a strong
inventory of growth opportunities means we look to the future with
confidence and are ideally positioned to take advantage of future
opportunities as the environment in Trinidad & Tobago
evolves."
Enquiries
For further information please visit www.trinityexploration.com
or contact:
Trinity Exploration & Production plc +44 (0)131 240 3860
Bruce Dingwall CBE, Executive Chairman
Jeremy Bridglalsingh, Chief Financial Officer
Tracy Mackenzie, Corporate Development
Manager
SPARK Advisory Partners Limited (Nominated
Adviser and Financial Adviser) +44 (0)20 3368 3550
Mark Brady
Miriam Greenwood
Andrew Emmott
Cenkos Securities PLC (Broker)
Joe Nally (Corporate Broking)
Neil McDonald
Beth McKiernan
Derrick Lee +44 (0)20 7397 8900
Pete Lynch +44 (0)131 220 6939
Whitman Howard Limited (Equity Adviser) +44 (0)20 7659 1234
Nick Lovering
Hugh Rich
Walbrook PR Limited +44 (0)20 7933 8780
Nick Rome trinityexploration@walbrookpr.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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