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28 June 2021 Rollover of 2018 Loan Notes   Highlights · 83% of holders of 2018 Loan Note agree to rollover into new unsecured 2021 Loan Note · Terms of 2021 Loan Note largely the same as 2018 Loan Note save for 18-month extension to repayment dates and increase in interest rate to 12% from 10% · Board believes high uptake of rollover reflects progress made across European gas and power portfolio   Prospex Energy PLC, the AIM quoted investment company focused on European gas and power projects, is pleased to announce that the majority of holders of the Company s 2018 unsecured loan note ( 2018 Loan Note ) have agreed to rollover their combined holdings, totalling £321,680.68, into a new unsecured loan note ( the 2021 Loan Note ).  In line with this, the Company is issuing £321,680.68 of the 2021 Loan Note to existing holders of the 2018 Loan Note ( the Subscribers ), including several directors of the Company. The Direct

Del romeralJames smithColin rowburyRichard maysFrank buhagiarJon bellissBill smithEdward dawsonRory murphyCosima akermanRitchie balmerDuncan vaseyProspex energyDirectors of the companyParty transactionCompany nominated adviser