March 5, 2020 / 8:17 AM / a month ago

BRIEF-Premier CEO expects cap rise to be weighted towards non-dilution

March 5 (Reuters) - Premier Oil PLC:

* PREMIER OIL CEO SAYS EXPECTS PLANNED $500 MILLION CAPITAL RAISE TO BE WEIGHTED TOWARDS NON-DILUTIVE RIGHTS ISSUE

* PREMIER OIL CEO SAYS HAVE “MULTIPLE” BIDS IN ZAMA SALES PROCESS WHO ARE “KEENLY” FOLLOWING TALKS WITH PEMEX

* PREMIER CEO SAYS CAN TRIGGER ARBITRATION PROCESS IN PEMEX TALKS FROM NEXT WEEK, WOULD TAKE UP TO 125 DAYS Further company coverage:

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