TIDMPMO

RNS Number : 4831Z

Premier Oil PLC

15 March 2017

This announcement has been determined to contain inside information

PREMIER OIL PLC

("Premier")

Refinancing update

15 March 2017

Premier today announces that the final Schuldschein loan holder has entered into the lock up agreement with respect to the terms of the proposed refinancing. As a result of this, the lock up agreements entered into by the Private Lenders (comprising the RCF, FLS Term Loan, US Private Placement notes and Schuldschein loans) and the convertible bondholders have now become effective, committing the parties who have locked up to vote in favour of the refinancing.

 
 Enquiries 
 Premier Oil plc         Tel: 020 7730 1111 
 Tony Durrant, Chief 
  Executive 
 Richard Rose, Finance 
  Director 
 Bell Pottinger          Tel: 020 3772 2570 
 Lorna Cobbett 
 Henry Lerwill

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 15, 2017 03:01 ET (07:01 GMT)

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