REG - Zenith Energy Ltd - Issue of New Series of EMTN 2022-26

Zenith Energy (CA)Announcement

16/05/2022 16:45

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RNS Number : 6693L  Zenith Energy Ltd  16 May 2022

May 16, 2022

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Issue of New Series of EMTN 2022-26

Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA), the
listed international energy production and development company, is pleased to
announce that it has issued a new series of unsecured, multi-currency Euro
Medium Term Notes at par value (the "Notes").

 

The Notes have been issued as part of Zenith's existing EUR
25,000,000 multi-currency Euro Medium Term Notes Programme.

 

The following Notes have been issued:

 

·    Series No.5: EUR 2,000,000 bearing an interest of 10.125 per cent per
year. ISIN: XS2478298909

·    Series No.6: GBP 2,000,000 bearing an interest of 10.50 per cent per
year. ISIN: XS2478299030

·    Series No.7: USD 2,000,000 bearing an interest of 10.375 per cent per
year. ISIN: XS2478299113

The Notes will mature on May 9, 2026.

 

The Notes are governed by Austrian law and are not convertible into equity of
the Company.

 

IMPORTANT NOTICE

This press release does not, and shall not, in any circumstances constitute a
public offering by ZENITH ENERGY LTD of the Notes nor an invitation to the
public in connection with any offer. No communication and no information in
respect of the issuance of the Notes may be distributed to the public in any
jurisdiction where a registration or approval is required. No steps have been
or will be taken in any jurisdiction where such steps would be required. The
offering or purchase of the Notes may be subject to specific legal or
regulatory restrictions in certain jurisdictions. ZENITH ENERGY LTD takes no
responsibility for any violation of any such restrictions by any person.

This press release is an advertisement and not a prospectus within the meaning
of Regulation (EU) 2017/1129 of the European Parliament and of the Council of
14 June 2017 on the prospectus to be published when securities are offered to
the public or admitted to trading on a regulated market (the "Prospectus
Regulation").

The Notes will be offered on the basis of the base prospectus for the EUR
25,000,000 Euro Medium Term Note Program of ZENITH ENERGY LTD dated 4 March
2022 and its supplements, if any, which together constitute a base prospectus
(the "Base Prospectus") and the final terms prepared by the Issuer in
connection with the issuance of the respective Notes. A public offer of the
Notes may take place only in countries to which the Base Prospectus has been
passported. The Base Prospectus has been approved by the Austrian Financial
Market Authority FMA and passported to Germany, Italy, Luxembourg, France,
Belgium, Netherlands, Spain, Sweden, Ireland and Malta. The sales restrictions
as described in the Base Prospect shall apply.

 

This press release does not constitute an offer to sell or a solicitation of
an offer to purchase any securities in the United States. The Notes have not
been and will not be registered under the U.S. Securities Act of 1933, as
amended (the "Securities Act") or the laws of any state within the U.S., and
may not be offered or sold in the United States or to or for the account or
benefit of U.S. Persons, except in a transaction not subject to, or pursuant
to an applicable exemption from, the registration requirements of the
Securities Act or any state securities laws. This press release and the
information contained herein may not be distributed or sent into the United
States, or in any other jurisdiction in which offers or sales of the Notes
would be prohibited by applicable laws and should not be distributed to United
States persons or publications with a general circulation in the United
States. No offering of the Notes has been made or will be made in the United
States.

 

Further Information:

 Zenith Energy Ltd

 Andrea Cattaneo, Chief Executive Officer    Tel: +1 (587) 315 1279

                                             E:    info@zenithenergy.ca (mailto:info@zenithenergy.ca)
 Alternative Resource Capital - Broker

 Alex Wood                                   Tel: +44 (0) 207 186 9004

 Keith Dowsing                               Tel: + 44 (0) 207 186 9005

 

 

Notes to
Editors:

Zenith Energy Ltd. is an international oil and gas production company, listed
on the London Stock Exchange Main Market (LSE:ZEN) and the Euronext Growth
Market of the Oslo Stock Exchange (OSE:ZENA).

Zenith's development strategy is to identify and rapidly complete
value-accretive hydrocarbon production opportunities in the oil & gas
sector, specifically in Africa.

Follow us on
LinkedIn:  https://www.linkedin.com/company/zenith-energy-limited/
(https://www.linkedin.com/company/zenith-energy-limited/)

 

 

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