Cancellation of bonds held in treasury

RNS Number : 4456J

Genel Energy PLC

28 June 2017

 

28 June 2017

Genel Energy plc

Cancellation of bonds held in treasury

Reference is made to the announcement made on 7 April 2017 regarding Genel Energy Holding Company Limited's ('the Company') repurchase of GENEL01 PRO senior unsecured callable bonds with ISIN NO0010710882 ('Bonds').

The Company has now cancelled all Bonds held in treasury, with a total nominal value of $308.2 million. The outstanding nominal value of the Bonds is accordingly reduced to $421.8 million.

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For further information please contact:

Genel Energy Phil Corbett, Head of Investor Relations Andrew Benbow, Head of Public Relations	[phone]
Vigo Communications Patrick d'Ancona	[phone]

Notes to editors:

Genel Energy is an independent oil and gas exploration and production company listed on the main market of the London Stock Exchange (LSE: GENL). The Company, with headquarters in London and offices in Ankara and Erbil, is one of the largest London-listed oil producers and the largest holder of reserves and resources in the Kurdistan Region of Iraq. Through its Miran and Bina Bawi gas fields, the Company is positioned to be a cornerstone provider of KRI gas to Turkey under the KRI-Turkey Gas Sales Agreement. Genel also continues to pursue further growth opportunities within the Middle East and Africa.  For further information, please refer to www.genelenergy.com.

 

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