Abundance Bonds update

Further to the Company’s announcement on 2 June 2023, SAE is pleased to announce that the holders of the AOE17 debentures have approved the proposed amendment to the 2017 debenture deed, which:

  • extends the maturity date from 30 June 2023 to 30 June 2024 (the “Extension Period”); and
  • will pay an enhanced interest for the Extension Period of 10%.

For further information, please contact:

SAE Renewables
Sean Parsons, Director of External Affairs
+44 (0)7739 832 446
Strand Hanson Limited (Nominated and Financial Adviser)
Richard Johnson
Rory Murphy
David Asquith
+44 (0)20 7409 3494
 
Zeus Capital Limited (Broker)
Louisa Waddell
Simon Johnson
+44 (0)20 3829 5000

 

Notes to Editors

SAE Renewables is a global developer, owner and operator of sustainable energy projects with a diverse portfolio in various stages of development.

https://www.saerenewables.com/

2 June 2023 RNS: http://saerenewables.com/sae-renewables-issues-a-request-to-amend-debenture-deed/

Defined terms in this announcement have the same meaning as in the RNS on 2 June 2023 unless otherwise defined,