Fenikso Limited - Receipt of funds for repayment of US$51.9m loan

Announcement provided by

Fenikso Limited · FNK

25/09/2025 16:01

RNS Number : 8819A

Fenikso Limited

25 September 2025

Fenikso Limited

Receipt of funds for repayment of US$51.9m loan

25 September 2025: Fenikso Limited (AQSE: FNK) (the "Company"), the Cayman Islands enterprise company, announces the receipt of funds under the Lekoil & Gas Investments ("LOGI") Loan entered in to on 31 December 2022 as part of the Fenikso restructuring. Fenikso Limited received US$542,674 as partial repayment of the loan of US$51,919,467. The remaining amount under the loan is US$35,712,558. The amount received equates to 8.65% of the most recent payment from crude oil sales received by LOGI. The next payment is scheduled before end of November 2025. The Company has a requirement to repay the full balance of the Savanah Energy Investments Limited loan ("SEIL Loan") of US$1,959,053 before the end of December 2025, in accordance with the renegotiated terms of the SEIL Loan announced on 25 April 2025.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ('MAR'). Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

The Directors of Fenikso accept responsibility for this announcement.

For further information, please visit www.feniksoltd.com or contact:

Fenikso Limited
Thomas Richardson, Chairman	info@feniksoplc.com
First Sentinel Corporate Finance Limited
Brian Stockbridge, Corporate Adviser	+44 7858 888 007

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