SEQUA PETROLEUM NV overview

Regulatory News: (BOURSE:MLSEQ) Further to its announcement of 19 May 2025, Sequa Petroleum N.V. (the “Company”) has continued to monitor the situation and has not received any indication that progress towards completion of the Transaction will restart. Despite extensive efforts the Company has not been able to raise new equity capital, and without completion of the Transaction the Company will not be able to maintain a going concern nor pursue its business development strategy. Accordingly,...

Regulatory News: (BOURSE:MLSEQ) Further to Sequa Petroleum N.V.’s (the “Company”) announcements of 28 April 2022 and 24 October 2024, progress towards completion of the acquisition by Namcor E&P of participating interests in Block 15/06, Block 23 and Block 27 from Sonangol P&P (the “Transaction) has stopped (for reasons unrelated to Sungara or the Company). If the Transaction does not complete, Sungara’s (including the Company’s) economic interest in the Transaction would become null...

Regulatory News: (BOURSE:MLSEQ) Sequa Petroleum has published the agenda of the Annual General Meeting of Shareholders ( AGM ), to be held on 17 June 2022 at 11:00 a.m. hours CET. Copies of AGM documentation and Annual Reports are available to download from the Company's website at www.sequa-petroleum.com . View source version on businesswire.com: https://www.businesswire.com/news/home/20220512005070/en/...

Regulatory News: Sequa Petroleum N.V. (“SPNV”) is pleased to announce that Sungara Energies Limited (“Sungara”) has entered into an agreement with Sonangol Pesquisa E Produção, S.A. (“Sonangol P&P”) to purchase a 10% participating interest in Block 15/06, 40% participating interest in Block 23 (with operatorship), and 35% participating interest in Block 27 (the “Transaction”). Sungara is jointly owned by three partners: the National Petroleum Corporation of Namibia’s...

Regulatory News: Sequa Petroleum N.V. (BOURSE:MLSEQ) Sequa Petroleum N.V. (“Sequa”) is pleased to confirm that Sonangol E.P., following their public tender for the partial sale of their participating interests in several blocks of their portfolio, has selected the consortium of NAMCOR (the National Petroleum Corporation of Namibia), Petrolog (an African multinational) and Sequa as having presented the best proposals for production Block 15/06 (10% non-operated working interest), exploration...

Sequa Petroleum N.V. Annual Report 2018 and Notice of the Annual General Meeting of Shareholders The Sequa Petroleum N.V. (the Company ) Annual Report 2018 is now available to download. The Company has also published the agenda of the Annual General Meeting of Shareholders ( AGM ) to be held on 18 June 2019, at 11:00 a.m. hours CET. On May 10 th the Company’s Directors signed a new shareholder agreement with the Company’s main shareholder Sapinda, relevant details of which are reflected in...

Sequa Petroleum N.V. Irrevocable Undertaking to Restructuring Bonds by decisive bondholders’ majority Further to its press release of 22 January 2019, Sequa Petroleum N.V. (the “Company”) is pleased to announce that its main shareholder Sapinda Holding B.V. together with certain affiliates (“ Sapinda ”), holding or otherwise controlling voting rights for a decisive majority (over 75%) of the Company’s USD 300,000,000 5.00 per cent Convertible Bonds due 2020 of which USD 204,400,000...

As reported in press releases of Sequa Petroleum N.V. (the “ Company ”) (14 November 2016, 17 March, 15 May and 14 November 2017, and 15 May and 14 November 2018), a number of potential defaults have occurred with respect to the Company’s USD 300,000,000 5.00 per cent Convertible Bonds due 2020 of which USD 204,400,000 in principal amount remain outstanding (ISIN: XS1220076779, SEQ01 PRO EC) issued by the Company in April 2015 (the “ Bonds ”). The Company has received documentary...