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BRIEF-IGas announces result of voluntary equity exchange of secured bonds

March 24 IGas Energy Plc:

* Result of voluntary equity exchange of secured bonds

* Confirms that aggregate face value of secured bonds offered in voluntary equity exchange was $28,918,390

* Company has elected to conditionally accept offers to buy-back secured bonds with an aggregate face value of $28,918,390 million

* Settlement is expected to occur on, or around, April 7, 2017 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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