SeaBird Exploration: New shares issued and delivered

 

 

 

Reference is made to the announcements of 1 August 2017 and 4 August 2017 concerning the completion of SeaBird Exploration PLC’s debt restructuring.

The deposit receipts for the 54,389,711 new shares issued as part of completion of the debt restructuring have now been delivered through the VPS by the Company’s VPS registrar and are tradeable. The Company today has 57,455,145 issued shares, each with a par value of US$0.10. On this basis, the debt restructuring announced by the Company is completed, including the announced changes to the SBX04 Bond Loan.

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