Source - Alliance News

Genel Energy PLC - London-based oil & gas exploration and development company - Announces the result of reverse tender offer to holders of $300 million senior unsecured callable bonds. Accepts offers for $107 million nominal value of bonds with the maximum accepted price set to 102% of nominal value. Cash settlement for bonds, including accrued interest, expected on August 23.

Current stock price: 82.17 pence, up 0.1%

12-month change: up 7.1%

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