Trinity Exploration & Production (TRIN)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

 48.75p
   
  • Change Today:
      0.000p
  • 52 Week High: 99.00p
  • 52 Week Low: 35.00p
  • Currency: UK Pounds
  • Shares Issued: 38.80m
  • Volume: 0
  • Market Cap: £18.92m

Trinity Exploration suspends trading due to debt uncertainty

By Bianca Boorer

Date: Wednesday 13 Jul 2016

LONDON (ShareCast) - (ShareCast News) - Trinity Exploration and Production (E&P) suspended trading on AIM on Wednesday due to its inability to curb its debt.
The Trinidad-based oil explorer has been in extended negotiations with Citibank to try and salvage its outstanding debt balance of $13m. The bank offered the group several extensions while the firm has been working on a wider financial restructuring of the business.

The bank has now put an end to the repayment moratorium and froze the group's accounts due their inability to come to an agreement. Amounts owed to the bank are now due and as a result the company has suspended its shares until it can clarify its financial position.

The firm's ordinary shares will remain suspended from trading until Citibank advise the group on how they would like to proceed.

Trinity's share price was last at 1.75p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

TRIN Market Data

Currency UK Pounds
Share Price 48.75p
Change Today 0.000p
% Change 0.00 %
52 Week High 99.00p
52 Week Low 35.00p
Volume 0
Shares Issued 38.80m
Market Cap £18.92m

TRIN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
63.94% above the market average63.94% above the market average63.94% above the market average63.94% above the market average63.94% above the market average
5.26% below the sector average5.26% below the sector average5.26% below the sector average5.26% below the sector average5.26% below the sector average
Price Trend
74.09% below the market average74.09% below the market average74.09% below the market average74.09% below the market average74.09% below the market average
30.86% below the sector average30.86% below the sector average30.86% below the sector average30.86% below the sector average30.86% below the sector average
Income
61.46% below the market average61.46% below the market average61.46% below the market average61.46% below the market average61.46% below the market average
76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average
Growth
67.31% above the market average67.31% above the market average67.31% above the market average67.31% above the market average67.31% above the market average
42.31% above the sector average42.31% above the sector average42.31% above the sector average42.31% above the sector average42.31% above the sector average

TRIN Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Oct-23 n/a
Paid 26-Oct-23 n/a
Amount 0.50p 0.000¢

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

TRIN Key Personnel

CEO Jeremy Bridglalsingh

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