Bidder's Statement - Commencement of Despatch

RNS Number : 8356N

88 Energy Limited

26 May 2020

 

88 Energy Limited

Bidder's Statement - Commencement of Despatch

88 Energy Limited ("88 Energy" or the "Company", ASX:88E, AIM 88E) confirms that on 25 May 2020, pursuant to the off-market takeover bid by 88 Energy for XCD Energy Limited, the Company commenced the despatch of its bidder's statement dated 21 May 2020, which contains 88 Energy's offers to acquire all of the ordinary shares and listed options in XCD Energy Limited (ACN 108 403 425), (the "Offers").

88 Energy confirms that the Offers are now open to acceptance.

This announcement has been authorised by the Board.

Media and Investor Relations:

88 Energy Ltd Dave Wall, Managing Director	Tel: [phone] Email: [e-mail]
Finlay Thomson, Investor Relations	Tel: [phone]
Hartleys Ltd Dale Bryan	Tel: + 61 8 9268 2829
Cenkos Securities Neil McDonald/Derrick Lee	Tel: + 44 131 220 6939

 

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