REG - Sunda Energy PLC - Drawdown of Loan Notes

Sunda EnergyAnnouncement

13/05/2025 08:15

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RNS Number : 4279I  Sunda Energy PLC  13 May 2025

 

13 May 2025

Sunda Energy Plc

("Sunda" or "Sunda Energy" or the "Company")

 

Update re. drawdown of Loan Notes

 

Further to the Company's announcement on 24 April 2025, Sunda Energy Plc (AIM:
SNDA), the AIM-quoted exploration and appraisal company focused on gas assets
in Southeast Asia, confirms that the Investors have subscribed for the initial
tranche of an aggregate of US$1.5 million of Loan Notes and the Company is, as
of today, in receipt of the funds.

 

As a result the first Draw Down under the Loan Notes has now completed and the
funds will be used by the Company to fund Sunda's share of costs for
Chuditch-2 and related project costs.

 

The Company will release further announcements at the time of future draw
downs pursuant to the Loan Notes.

 

Capitalised terms in this announcement have the meaning ascribed to them in
the announcement released by the Company on 24 April 2025.

 

For further information, please contact:

 

 Sunda Energy Plc                                                   Tel: +44 (0) 20 7770 6424

 Andy Butler, Chief Executive

 Rob Collins, Chief Financial Officer

 Allenby Capital Limited (Nominated Adviser and Joint Broker)       Tel: +44 (0) 203 328 5656

 Nick Athanas, Nick Harriss, Ashur Joseph (Corporate Finance)

 Kelly Gardiner, Stefano Aquilino (Sales and Corporate Broking)

 Hannam & Partners Advisory Limited (Advisor and Joint Broker)      Tel: +44 (0) 20 7907 8502

 Neil Passmore (Corporate Finance)

 Leif Powis (Sales)

 Celicourt Communications (Financial PR and IR)                     Tel: +44 (0) 20 7770 6424

 Mark Antelme, Philip Dennis, Charles Denley-Myerson                sunda@celicourt.uk

 

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