DGAP-News: ADM Energy PLC / Key word(s): Miscellaneous 
ADM Energy PLC: Loan Facilities Update 
2021-06-22 / 08:20 
The issuer is solely responsible for the content of this announcement. 
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22 June 2021 
ADM Energy PLC 
("ADM" or the "Company") 
Loan Facilities Update 
ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resources investing company, provides an update on its loan 
facilities agreement announced on 25 August 2020. 
In August 2020, the Company entered into a definitive agreement with a consortium of investors (the "Lenders") raising, 
in aggregate, GBP200,000 through unsecured loan facilities ("Loan Facility"). The Loan Facility, which was due to mature 
on 15 August 2021, remains outstanding in full. 
The Company has now entered into agreements with the Lenders to extend the terms of the Loan Facility as follows: 
- GBP100,000 of the Loan Facility extended to 31 December 2021, at no interest, in consideration of 2,352,941 warrants 
exercisable at 4.25 pence each, being the placing price of the most recent fundraise; and 
- GBP110,000 of the Loan Facility (comprising the principal and accrued interest) extended to 30 June 2022 in 
consideration of fixed interest of GBP11,000 and 2,352,941 warrants exercisable at 4.25 pence each, being the placing 
price of the most recent fundraise. 
Pursuant to the terms of the Loan Facility, the Lenders were issued with 4,705,882 warrants ("Existing Warrants") in 
aggregate, following the rebasing of the Existing Warrants as announced on 24 March 2021, which are due to expire on 25 
August 2022. Also in consideration of the extended terms, the Existing Warrants will be cancelled and reissued together 
with the 4,705,882 new warrants resulting in the issue of 9,411,765 warrants at 4.25 pence each with an expiry date of 
30 August 2023. 
All other terms of the Loan Facilities remain unchanged. 
Osamede Okhomina, CEO of ADM Energy, said: "The extension of the loan agreements further demonstrates the lenders 
confidence in ADM and our growth prospects as we continue our strategy of building a portfolio of assets to deliver 
value to shareholders." 
Enquiries: 
ADM Energy plc                           +44 20 7459 4718 
Osamede Okhomina, CEO 
www.admenergyplc.com 
 
Cairn Financial Advisers LLP             +44 20 7213 0880 
(Nominated Adviser) 
Jo Turner, James Caithie 
 
Arden Partners plc                       +44 20 7614 5900 
(Lead Broker) 
Paul Shackleton, Daniel Gee-Summons 
 
Hybridan LLP                             +44 20 3764 2341 
(Joint Broker) 
Claire Louise Noyce 
 
ODDO BHF Corporates & Markets AG         +49 69 920540 
(Designated Sponsor) 
Michael B. Thiriot 
 
Luther Pendragon                         +44 20 7618 9100 
(Financial PR) 
Harry Chathli, Alexis Gore, Joe Quinlan

About ADM Energy PLC

ADM Energy PLC (AIM: ADME; BER and FSE: P4JC) is a natural resources investing company with an existing asset base in Nigeria. ADM Energy holds a 9.2% profit interest in the oil producing Aje Field, part of OML 113, which covers an area of 835km² offshore Nigeria. Aje has multiple oil, gas, and gas condensate reservoirs in the Turonian, Cenomanian and Albian sandstones with five wells drilled to date.

The Company also holds an investment in the development of the Barracuda Field, an existing discovery and near-term production asset in the NW part of OML 141, which covers 103 km^2 in the swamp/shallow waters of the Niger Delta. Four existing wells have been drilled to date and a fifth is intended to be drilled in Q4 2021.

ADM Energy is seeking to build on its existing asset base in Nigeria and target other investment opportunities across the West African region in the oil and gas sector with attractive risk reward profiles such as proven nature of reserves, level of historic investment, established infrastructure and route to early cash flow.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. -----------------------------------------------------------------------------------------------------------------------

2021-06-22 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de ----------------------------------------------------------------------------------------------------------------------- 


Language:     English 
Company:      ADM Energy PLC 
              60 Gracechurch street 
              EC3V 0HR London 
              United Kingdom 
Phone:        +44 (0)2077863555 
E-mail:       hello@admenergyplc.com 
Internet:     www.admenergyplc.com 
ISIN:         GB00BJFDXW97 
WKN:          A2PLC1 
Listed:       Foreign Exchange(s) London 
EQS News ID:  1210391 
 
End of News   DGAP News Service 
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1210391 2021-06-22


 
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June 22, 2021 02:20 ET (06:20 GMT)