United Energy PLC - Stmnt Re Share Price Movement
07 March 2000 - 3:01AM
UK Regulatory
RNS Number:7574G
United Energy PLC
6 March 2000
The Board of United Energy notes the recent movement in its share price.
The Company is in negotiations which may lead to a substantial acquisition that
is expected to constitute a reverse takeover pursuant to the Listing Rules.
A suspension of trading in the Company's ordinary shares has therefore been
requested with immediate effect. A further announcement will be made in due
course.
END
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