Bli medlem
Bli medlem

Du är här

2016-11-18

EnQuest PLC: Confirmation of Ch 15 Recognition Order - Correction

ENQUEST PLC, 18 November 2016

Scheme of Arrangement

Confirmation of Chapter 15 Recognition Order

$650,000,000 7 per cent. senior notes due 15 April 2022
Regulation S: ISIN: USG315APAB40; CUSIP: G315APAB4
Rule 144A: ISIN US29357JAA43; CUSIP 29357JAA4
(the "High Yield Notes")
and
£155,000,000 5.5 per cent. notes due 15 February 2022
ISIN: XS0880578728; Common Code: 088057872
(the "Retail Notes")

Further to the announcements issued by the Company on 26 October 2016
and 16 November 2016, the Company is pleased to announce that at the
Chapter 15 Recognition Hearing which took place on 17 November 2016
before the United States Bankruptcy Court of the Southern District of
New York, Judge Michael E. Wiles ordered that recognition of the
Scheme as 'foreign main proceedings' for the purpose of chapter 15 of
title 11 of the United States Code, together with other related
relief, be granted.

Completion of the Scheme and the Restructuring is conditional on,
among other things, admission of the new ordinary shares: (a) to
trading on the London Stock Exchange plc's main market for regulated
securities and to listing on the premium listing segment of the
Official List ("London Admission"); and (b) to trading on NASDAQ
Stockholm AB's main market ("Stockholm Admission"). Upon London
Admission and Stockholm Admission occurring, the Scheme and the
Restructuring will become effective.

Capitalised terms used but not defined in this announcement have the
meaning given to them in the Practice Statement Letter.

Enquiries:

Information Agent:

Lucid Issuer Services Limited
David Shilson
Email: enquest@lucid-is.com
Telephone: +44 (0) 20 7704 0880
Scheme Website: www.lucid-is.com/enquest

-----------------------------------------------------------
http://news.cision.com/enquest-plc/r/confirmation-of-ch-15-recognition-o...
http://mb.cision.com/Main/344/2125870/591911.pdf

Författare WKR

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.