Petroceltic International PLC Statement Regarding Worldview Proposal (2773Q)
26 February 2016 - 7:55PM
UK Regulatory
TIDMPCI
RNS Number : 2773Q
Petroceltic International PLC
26 February 2016
Dublin
26 February 2016
Petroceltic International Plc
Statement Regarding Worldview Proposal
The Board of Petroceltic International plc ("Petroceltic") notes
the announcement made earlier today by Sunny Hill Limited, a
company wholly owned by the Worldview Economic Recovery Fund, of
its firm intention to make an all cash offer for the entire issued
and to be issued share capital of Petroceltic other than the
Petroceltic Shares in the beneficial control of Worldview
International Management Limited SEZC and/or any of the Worldview
Funds.
Petroceltic will make a statement in due course. In the
meantime, Petroceltic shareholders are urged to take no action.
ENDS
For further information, please contact:
Petroceltic International plc:
Tel: +353 (1) 421 8300
Brian O'Cathain
Tom Hickey
Bank of America Merrill Lynch:
Joint Financial Adviser to Petroceltic
Tel: +44 (0) 20 7628 1000
Ashwin Punde
Geoffrey Iles
Davy Corporate Finance:
Joint Financial Adviser & Corporate Broker to
Petroceltic
Tel: +353 (1) 679 7788
John Frain
Roland French
Bell Pottinger:
Joint PR Adviser to Petroceltic
Tel: +44 (20)3772 2500
James Henderson
Rollo Crichton-Stuart
Murray Consultants:
Joint PR Adviser to Petroceltic
Tel: +353 (1) 498 0300
Joe Heron
Douglas Keatinge
The Directors of Petroceltic International plc accept
responsibility for the information contained in this announcement.
To the best of their knowledge and belief (having taken all
reasonable care to ensure that such is the case), the information
contained in this announcement is in accordance with the facts and
does not omit anything likely to affect the import of such
information.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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February 26, 2016 03:55 ET (08:55 GMT)
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