Atlantic Petroleum has issued a convertible loan of DKK 360,000 with a conversion price of DKK 5.16 per share, subject to the lender's right to convert during a 20-day period after the annual or quarterly report.
Why it matters. This action provides Atlantic Petroleum with additional capital and flexibility in financing, potentially impacting its financial health and stock price.
The conversion price has been fixed at DKK 5.16 per share.
may be exercised during a 20-day period commencing in connection with publication of the Company’s annual or quarterly interim report.
entered into a convertible loan agreement in an aggregate principal amount of DKK 360,000 with one lender.
The lenders' right to convert the loan into shares in the Company may be exercised during a 20-day period commencing in connection with publication of the Company’s annual or quarterly interim report.
Tórshavn, Faroe Islands, 2026-10-06 (GLOBE NEWSWIRE) -- P/F Atlantic Petroleum (Nasdaq Copenhagen: ATLA DKK) has today, pursuant to Article 3f of the Company's Articles of Association, entered into a convertible loan agreement in an aggregate principal amount of DKK 360,000 with…
