Genel Energy PLCLSE: GENL

Genel Energy PLC: Contemplated tap issue of existing bond

· Issued by Genel Energy PLC

Summary by 6ix AI

Genel Energy plc, an oil producer listed on the main market of the London Stock Exchange, said on September 25, 2026 that it has engaged Pareto Securities AS for a contemplated tap issue (a sale of additional units of a bond already outstanding) of up to USD 65 million.

Key details

  • Pareto Securities AS is acting as Manager and Bookrunner, the bank arranging and selling the new bond units.
  • The bond being added to is Genel Energy's outstanding senior unsecured bond, ISIN NO 0013512384. Unsecured means it is not backed by specific assets.
  • Genel Energy says the money would be used for general corporate purposes.
  • An investor presentation for the tap issue is to be made available, with restrictions for people living in certain jurisdictions where access is restricted.

What’s still pending

  • The tap issue is only contemplated and is subject to market conditions and an acceptable price.
  • The amount is up to USD 65 million, so the final size may be lower.

6ix AI wrote this summary from the release below and checked it against the release.

Genel Energy PLC (GENL)
Genel Energy PLC: Contemplated tap issue of existing bond

25-Sep-2026 / 07:05 GMT/BST


25 September 2026

Genel Energy plc

Contemplated tap issue of existing bond

Genel Energy Plc has engaged Pareto Securities AS as Manager and Bookrunner for a contemplated tap issue of up to USD 65 million in the outstanding senior unsecured bond (ISIN NO 0013512384) subject to market conditions and acceptable price. The purpose of the tap issue is for general corporate purposes.

The investor presentation prepared in relation to the tap issue shall be made available (subject to certain restrictions relating to persons resident in restricted jurisdictions) at https://genelenergy.com/offer/.

-ends-

For further information, please contact:

Genel Energy

Luke Clements

+44 20 7659 5100

This announcement includes inside information.

Disclaimer:

This announcement does not constitute an offer to sell or a solicitation of an offer to buy any securities, in any jurisdiction to any person to whom it is unlawful to make such an offer or solicitation in such jurisdiction.

This announcement is not for general publication, release or distribution in the United States or in any jurisdiction where such distribution or use would be contrary to local law or regulation or would require any registration or licensing within such jurisdiction.

Notes to editors:

Genel Energy is a socially responsible oil producer listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94). For further information, please refer to www.genelenergy.com.


Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
View original content: EQS News
ISIN:JE00B55Q3P39, NO0010894330
Category Code:IOD
TIDM:GENL
LEI Code:549300IVCJDWC3LR8F94
Sequence No.:444427
EQS News ID:2405266
End of AnnouncementEQS News Service

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