BowLeven Plc
24 November 2006
24 November 2006
BowLeven plc
Proposed acquisition of FirstAfrica Oil plc, proposed placing of 20,863,637
ordinary shares at 220 pence each by Hoare Govett Limited and grant of option
to Suntera Resources Limited to subscribe, by way of private placement, for
5,500,000 ordinary shares at 220 pence each
BowLeven plc ('BowLeven') has today posted to its shareholders a circular
(the 'Circular') regarding the proposed acquisition of FirstAfrica Oil plc,
a proposed placing of 20,863,637 ordinary shares at 220 pence each by Hoare
Govett Limited and (in the event that Suntera Resources Limited exercises its
option) a proposed private placement of 5,500,000 ordinary shares at 220 pence
each as previously announced on 23 November 2006.
Copies of the Circular have been submitted to the London Stock Exchange plc and
are available for inspection at BowLeven's registered office at the following
address:
68-70 George Street
Edinburgh
EH2 2LT
Copies of the Circular are also available for inspection at the offices of
Hoare Govett Limited, 250 Bishopsgate, London EC2M 4AA.
Approval will be sought from BowLeven shareholders at an extraordinary general
meeting to be held on 18 December 2006 at 11:30am at the George Hotel,
19-21 George Street, Edinburgh EH2 2PB.
This information is provided by RNS
The company news service from the London Stock Exchange
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