REG-Cadogan Petroleum: Loan to Proger Managers & Partners srl

Cadogan Energy SolutionsAnnouncement

03/02/2021 07:05

3 February 2021

This announcement contains inside information as defined under the Market
Abuse Regulations n. 596/2014

Cadogan Petroleum Plc

(“Cadogan” or the “Company”)

Loan to Proger Managers & Partners srl

Cadogan Petroleum plc (“Cadogan”), the London Stock Exchange listed
independent oil and gas company, is pleased to announce that it has reminded
the Borrower Proger Managers & Partners srl, and the other concerned parties
in the Loan Agreement, MA.LO. srl, TIFS Participazioni srl, Proger Ingegneria
srl and Proger spa, that the Maturity Date, 25 February 2021, is approaching.

On such date, according to the Loan Agreement, the Borrower will be obliged to
reimburse Cadogan the Principal and Interests in full, totalling an amount of
EUR 14,857,350.

ENDS

About

Cadogan is an independent, diversified oil and gas company, which operates
exploration and production licenses in Western Ukraine, conducts gas trading
operations, and provides services to E&P companies.

For further information, please contact:

Cadogan Petroleum plc
Fady Khallouf                 Chief Executive Officer 
              fady.khallouf@cadoganpetroleum.com
Ben Harber                       Company Secretary
                      +44 0207 264 4366



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