Exillon Energy Plc Re. Tender Offer for Exillon shares listed on WSE (1781L)
15 July 2017 - 3:19AM
UK Regulatory
TIDMEXI
RNS Number : 1781L
Exillon Energy Plc
14 July 2017
For Immediate Release
14 July 2017
Exillon Energy plc ("Exillon" or the "Company")
Information about the announcement of Tender Offer for Exillon
shares listed on the Warsaw Stock Exchange
The Board of Directors of Exillon notes the announcement earlier
today by Seneal International Agency Ltd ("Seneal"), a company
which is a significant shareholder of Exillon and is ultimately
controlled by Mr. Alexey Khotin, that it has launched as of the
date hereof a public tender offer to purchase shares of Exillon.
The tender offer was announced in connection with the intention of
Seneal to delist Exillon shares from trading on the Warsaw Stock
Exchange ("WSE"). In accordance with Polish law, the tender offer
applies only to such shares of Exillon which were acquired in
transactions executed on the regulated market in the Republic of
Poland and are entered in securities accounts maintained in the
Republic of Poland as at the end of the second day after the
announcement of the tender offer, i.e. 16 July 2017 (the
"Shares").
The purchase price for the Shares to which the tender offer
applies is PLN 7.15 per Share.
The tender offer is conditional on approval by way of passing of
the relevant corporate resolutions by the Board of Directors of
Exillon on withdrawal of the Shares from trading on WSE.
Regardless of the delisting from WSE, Exillon's shares will
continue to trade on the London Stock Exchange ("LSE"), and the
Company intends to maintain its premium listing on the LSE.
Media contacts:
Tom Blackwell, EM
Blackwell@em-comms.com
+7 919 102 9064
This information is provided by RNS
The company news service from the London Stock Exchange
END
RSPMMGMNNDVGNZM
(END) Dow Jones Newswires
July 14, 2017 13:19 ET (17:19 GMT)
Exillon Energy (LSE:EXI)
Historical Stock Chart
From Apr 2024 to May 2024
Exillon Energy (LSE:EXI)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about Exillon Energy Plc (London Stock Exchange): 0 recent articles
More Exillon Energy News Articles