Aminex PLC
12 April 2002
FOR IMMEDIATE RELEASE
AMINEX PLC
("Aminex" or "the Company")
Irrevocable Undertaking Not To Accept Apple Offer
The Board of Aminex announces that Solestar Corporation Limited, which owns
4,790,509 ordinary shares of Aminex, representing approximately 5.31 per cent.
of Aminex's issued share capital, has signed an irrevocable undertaking not to
accept the offer of Apple Oil and Gas Limited ("Apple"). This undertaking will
cease to be binding after 30 September 2002.
In addition, the Board of Aminex wishes to point out that, pursuant to the
agreement between Aminex and Tanzoil NL dated 12 February 2002 ("the Tanzoil
Agreement"), certain holders of 5,714,361 ordinary shares of Aminex,
representing 6.33 per cent. of Aminex's issued share capital, are prevented from
selling or otherwise disposing of such Aminex shares prior to 1 September 2002.
These shares were issued as consideration under the terms of the Tanzoil
Agreement.
12 April 2002
Enquiries:
Aminex PLC +44 (0)20 7240 1600
Brian Hall
Davy Corporate Finance Limited +353 1 679 6363
Hugh McCutcheon
College Hill +44 (0)20 7457 2020
James Henderson
Archie Berens
Dennehy Associates +353 1 676 4733
Michael Dennehy
Responsibility Statement
The directors of Aminex accept responsibility for the information contained in
this announcement except that the only responsibility accepted in respect of the
information relating to Apple, which has been complied from published sources,
is to ensure that it has been correctly and fairly reproduced and presented.
Subject as aforesaid, to the best of the knowledge and belief of the directors
of Aminex (who have taken all reasonable care to ensure that such is the case),
the information contained in this announcement for which they accept
responsibility is in accordance with the facts and does not omit anything likely
to affect the import of such information.
Davy Corporate Finance Limited, which is authorised to carry on investment
business in Ireland by the Central Bank of Ireland, is acting exclusively for
Aminex and no one else in connection with the offer and will not regard any
other person as its client or be responsible to any person other than Aminex for
providing the protections afforded to clients of Davy Corporate Finance Limited,
nor for giving advice to any such person in relation to the offer.
Davy Corporate Finance Limited has approved the contents of this announcement
solely for the purpose of section 21 of the Financial Services and Markets Act
2000. The principal place of business of Davy Corporate Finance Limited is Davy
House, 49 Dawson Street, Dublin 2, Ireland.
This information is provided by RNS
The company news service from the London Stock Exchange
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Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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