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Sirius Minerals PLC

SXX.L

Latest Trade

3.52GBp

Change

-0.03(-0.85%)

Volume

26,446,092

Today's Range

3.44

 - 

3.68

52 Week Range

2.10

 - 

26.84

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Latest Developments

Sirius Minerals Announces Supply And Distribution Agreement With Muntajat

Oct 11 (Reuters) - Sirius Minerals PLC <SXX.L>::SUPPLY AND DISTRIBUTION AGREEMENT WITH MUNTAJAT.MUNTAJAT IS A STATE-OWNED QATARI COMPANY WHICH MARKETS AND DISTRIBUTES APPROXIMATELY 9 MILLION TONNES OF FERTILIZER PER ANNUM.10-YEAR SUPPLY, DISTRIBUTION AGREEMENT WITH MUNTAJAT INTO AFRICA, AUSTRALIA, NEW ZEALAND, CERTAIN MIDDLE EASTERN AND ASIAN TERRITORIES.DEAL PROVIDES FOR DISTRIBUTION OF POLY4 FOR 10-YEAR TERM THAT BEGINS FROM COMMERCIAL OPERATIONS, INCLUDES 5-YEAR EXTENSION OPTION.EXPECTS AGREEMENT TO DELIVER PRICING IN LINE WITH ITS AVERAGE PRICE EXPECTATIONS ACROSS CURRENT SUPPLY AGREEMENT PORTFOLIO.MAY TERMINATE MUNTAJAT'S RIGHTS IN DEAL FOR SPECIFIC TERRITORY,IF IT FAILS TO DISTRIBUTE 75% OF MINIMUM VOLUMES OVER 3-YEAR ROLLING PERIOD.MUNTAJAT HAS RIGHT TO TERMINATE AGREEMENT IN EVENT THAT CO DOES NOT MEET CERTAIN FINANCING OR OPERATIONAL MILESTONES.

Citigroup Global Markets Discloses 5.1870% Stake In Sirius Minerals As Of Sept 23 Vs Prior Stake Of 6.3743% - Filing

Sept 25 (Reuters) - Sirius Minerals PLC <SXX.L>::CITIGROUP GLOBAL MARKETS LIMITED DISCLOSES 5.1870% STAKE IN SIRIUS MINERALS PLC AS OF SEPT 23 VERSUS PRIOR STAKE OF 6.3743% - FILING.

Citigroup Global Markets Discloses 6.3743% Stake In Sirius Minerals As Of Sept. 19 Vs Previous Stake Of 5.0432%

Sept 23 (Reuters) - :CITIGROUP GLOBAL MARKETS DISCLOSES 6.3743% STAKE IN SIRIUS MINERALS PLC AS OF SEPT. 19 VERSUS PREVIOUS STAKE OF 5.0432% - FILING.

Capital Group Companies Discloses 4.88% Stake In Sirius Minerals - Filing

Sept 17 (Reuters) - Sirius Minerals PLC <SXX.L>::CAPITAL GROUP COMPANIES DISCLOSES 4.88% STAKE IN SIRIUS MINERALS PLC FROM A PREVIOUS STAKE OF 6.47%- FILING.

Sirius Minerals Says Does Not Believe Proposed $500 Mln Senior Secured Notes Offering Can Be Issued

Sept 17 (Reuters) - Sirius Minerals PLC <SXX.L>::DOES NOT BELIEVE PROPOSED US$500 MILLION SENIOR SECURED NOTES OFFERING CAN BE ISSUED IN CURRENT MARKET CONDITIONS.SCOPE OF CONSTRUCTION ACTIVITIES ON COMPANY'S NORTH YORKSHIRE POLYHALITE PROJECT WILL NOW BE ADJUSTED.CASH RESERVES OF £180M AS AT 31 AUG - PROVIDES SUFFICIENT LIQUIDITY FOR CO TO EXPLORE ALL STRATEGIC OPTIONS DURING STRATEGIC REVIEW.$400 MILLION CONVERTIBLE BONDS DUE 2027, WITH PROCEEDS HELD IN ESCROW FOLLOWING ISSUANCE OF SUCH BONDS IN MAY 2019, WILL BE REDEEMED.NOT BEEN ABLE TO DELIVER STAGE 2 FINANCING PLAN, TO REDUCE RATE OF DEVELOPMENT ACROSS POLYHALITE PROJECT.WILL NOW CONDUCT A COMPREHENSIVE STRATEGIC REVIEW OVER NEXT SIX MONTHS TO DEVELOP A DIFFERENT FINANCING STRUCTURE FOR FUNDS REQUIRED.NO MATERIAL CHANGE FOR AN ISSUER LIKE SIRIUS, IS NOT AWARE THAT ANY SIGNIFICANT NEW ISSUER IN SAME B/B- CREDIT RANGE THAT HAS COME TO MARKET.RECEIVED FEEDBACK FROM A NUMBER OF POTENTIAL INVESTORS WHICH HAS INDICATED THAT A NOTE ISSUANCE COULD POTENTIALLY BE SUCCESSFUL.INTENDS TO TERMINATE RCF COMMITMENT IN COMING DAYS.ASKED GOVERNMENT PROVIDE A COMMITMENT TO ENABLE ISSUE OF UP TO US$1BN OF GUARANTEED BONDS IN EVENT CO UNABLE TO ISSUE UNGUARANTEED BONDS.GOVERNMENT REVIEWED CASE FOR PROVISION OF SUPPORT REQUESTED TO FACILITATE FINANCING OF PROJECT AND HAS DECIDED NOT TO PROVIDE SUPPORT.EXPECTS TO MEET ITS PAYMENT OBLIGATIONS AS THEY FALL DUE DURING PERIOD OF STRATEGIC REVIEW.INTENDS TO EXPLORE ALTERNATIVE FINANCING STRUCTURES.

Sirius Minerals Posts HY Operating Loss Of £14.3 Mln

Sept 17 (Reuters) - Sirius Minerals PLC <SXX.L>::HY OPERATING LOSS £14.3M COMPARED TO £10.8M IN PRIOR CORRESPONDING PERIOD.HY LOSS OF £3.1M COMPARED TO A LOSS OF £95.3M FOR PRIOR CORRESPONDING PERIOD.PROGRESS MADE ACROSS ALL CONSTRUCTION SITES AND CONSTRUCTION ACTIVITIES TO DATE PROGRESSED IN LINE WITH 2019 FULL YEAR GUIDANCE.

Sirius Minerals Suspends Proposed Senior Secured Notes Offering By Unit

Aug 6 (Reuters) - Sirius Minerals PLC <SXX.L>::DECIDED TO SUSPEND PROPOSED OFFER BY WHOLLY OWNED SUBSIDIARY OF $500 MILLION OF SENIOR SECURED NOTES DUE 2027.DECIDED TO SUSPEND PROPOSED OFFER BY UNIT OF SENIOR SECURED NOTES DUE 2027 DUE TO "CURRENT MARKET CONDITIONS".

Sirius Minerals Proposes $500 Mln Senior Secured Notes Offering

July 19 (Reuters) - Sirius Minerals PLC <SXX.L>::PROPOSED US$500M SENIOR SECURED NOTES OFFERING.ANNOUNCES AN INTENTION TO OFFER US$500 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF SENIOR SECURED NOTES DUE 2027.PROCEEDS TO BE USED WITH PROCEEDS FROM ELEMENTS OF STAGE 2 FINANCING, TO FUND CONSTRUCTION, DEVELOPMENT OF POLYHALITE MINE.

Sirius Minerals Received Four Conversion Notices

June 3 (Reuters) - Sirius Minerals PLC <SXX.L>::SIRIUS MINERALS PLC - ISSUE OF SHARES PURSUANT TO CONVERTIBLE BONDS.SIRIUS MINERALS PLC - RECEIVED FOUR CONVERSION NOTICES IN RESPECT OF US$106.6 MILLION GUARANTEED CONVERTIBLE BONDS DUE 2027.SIRIUS MINERALS - APPLICATION MADE FOR RELEVANT SHARES TO BE ADMITTED TO TRADING ON LSE'S MAIN MARKET; DEALINGS EXPECTED TO COMMENCE ON 6 JUNE.

Sirius Minerals Announces Convertible Bond Placement

May 1 (Reuters) - Sirius Minerals PLC <SXX.L>::CONVERTIBLE BOND PLACEMENT.CONVERTIBLE BOND OFFERING AND CONCURRENT REPURCHASE OF ANY AND ALL OUTSTANDING $244.2 MILLION GUARANTEED CONVERTIBLE BONDS DUE 2023.WITH OFFERING, AGREED TO RAISE ABOUT $425 MILLION FROM FIRM PLACING, PLACING AND OPEN OFFER OF NEW ORDINARY SHARES IN CAPITAL OF CO.EXPECTS TO USE PROCEEDS OF OFFERING, NET PROCEEDS OF CONCURRENT EQUITY PLACEMENT TO CONTINUE TO INCUR CAPITAL EXPENDITURE.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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