Update on Intended Acquisition

RNS Number : 0018I

Senterra Energy PLC

14 June 2017

 

For immediate release                                                                                                                 14 June 2017

Senterra Energy plc

("Senterra", "Senterra Energy" or the "Company")

Update on Intended Acquisition

Further to the announcement by the Company on 9 May 2017 regarding the intended acquisition of UOG Holdings Plc (the "Acquisition") the Board is pleased to announce that it is currently working on the prospectus and on agreeing the eligibility with the UK Listing Authority.  

 Following approval and publication of the prospectus, the Company's existing listing will be cancelled and an application for the enlarged share capital to be admitted to the Official List and to trading on the main market for listed securities of the London Stock Exchange will be made.

As under the Listing Rules the Acquisition was classified as a reverse takeover it resulted in the suspension of the Company's shares from listing and trading pending publication of a prospectus and accordingly the Company's ordinary shares will remain suspended until such time as the prospectus is published.

The Company will make further announcements in due course.

For more information:

Senterra Energy plc (Company)
Jeremy King	[phone]
Optiva Securities Limited (Joint Broker)
Christian Dennis	[phone]
Dowgate Capital Stockbrokers Limited (Joint Broker)
Jason Robertson and Neil Badger	[phone]
Beaumont Cornish Limited (Financial Adviser)
Roland Cornish and Felicity Geidt	[phone]

 

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