Scheme of arrangement update

RNS Number : 3175S

Igas Energy PLC

23 September 2014

 



23 September 2014

IGas Energy plc ("IGas" or "the Company")

Scheme of arrangement ("Scheme") update - NSW Ministerial approval condition satisfied

The Board of IGas welcomes the announcement today by Dart Energy Limited ("Dart") regarding the NSW Ministerial approval for a change in control in Dart's NSW licences. Dart announced that one of the outstanding conditions to the Scheme, being NSW Ministerial approval for a change in control in Dart's NSW licences, has now been satisfied. The Scheme remains subject to the approval of the UK Competition and Markets Authority ("the CMA Condition") and the approval of the Supreme Court of Queensland ("Court").

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For further information please contact:

IGas Energy plc	Tel: [phone]
Andrew Austin, Chief Executive Officer Stephen Bowler, Chief Financial Officer Ann-marie Wilkinson, Head of Communications
Jefferies International Limited	Tel: [phone]
Sara Hale  Graham Hertrich Canaccord Genuity Tim Redfern	Tel: [phone]

MHP

Rupert Trefgarne                                                             Tel: [phone]

 

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