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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Dana Petroleum | LSE:DNX | London | Ordinary Share | GB0033252056 | ORD 15P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1,799.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMDNX RNS Number : 9540T Dana Petroleum PLC 06 October 2010 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION Dana Petroleum plc ("Dana" or the "Company") Relevant Event Notice in relation to the 2.90 per cent. Guaranteed Convertible Bonds due 2014 (the "Bonds") In accordance with the Terms and Conditions (the "Conditions") set out in the Offering Circular in relation to the Bonds dated 12 July 2007, notice is to be given to holders of the Bonds within 14 calendar days following the occurrence of a Relevant Event (as defined in the Conditions). On 24 September 2010 Korea National Oil Corporation announced that its cash offer to acquire the entire issued and to be issued ordinary share capital of the Company (the guarantor under the terms of the Bonds) and its cash offer to acquire the Bonds had become unconditional in all respects. Accordingly, on 4 October 2010 the Company gave notice to the Bondholders that a Relevant Event has occurred. 6 October 2010 Enquiries +-------------------------+---------------+ | Dana Petroleum plc | 01224 652 400 | +-------------------------+---------------+ | Tom Cross, Chief | | | Executive Officer | | +-------------------------+---------------+ | John Arnton, Company | | | Secretary | | +-------------------------+---------------+ | | | +-------------------------+---------------+ | RBS Hoare Govett | 020 7678 8000 | +-------------------------+---------------+ | Stephen Bowler | | +-------------------------+---------------+ | John MacGowan | | +-------------------------+---------------+ | | | +-------------------------+---------------+ | RBC Capital Markets | 020 7653 4000 | +-------------------------+---------------+ | Tim Chapman | | +-------------------------+---------------+ | Josh Critchley | | +-------------------------+---------------+ | | | +-------------------------+---------------+ | Morgan Stanley & Co. | 020 7425 8000 | | Limited | | +-------------------------+---------------+ | Andrew Foster | | +-------------------------+---------------+ | Ian Hart | | +-------------------------+---------------+ | | | +-------------------------+---------------+ | Brunswick Group LLP | 020 7404 5959 | +-------------------------+---------------+ | Patrick Handley | | +-------------------------+---------------+ | | | +-------------------------+---------------+ | College Hill Associates | 020 7457 2020 | +-------------------------+---------------+ | Nick Elwes | | +-------------------------+---------------+ The directors of Dana accept responsibility for the information contained in this announcement. To the best of the knowledge and belief of the directors, who have taken all reasonable care to ensure 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. RBS Hoare Govett Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Dana and no one else in connection with the Offer and this announcement and will not be responsible to anyone other than Dana for providing the protections afforded to clients of RBS Hoare Govett Limited nor for providing advice in connection with the Offer or this announcement or any matter referred to herein. Royal Bank of Canada Europe Limited ("RBC Capital Markets"), which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Dana and no one else in connection with the Offer and this announcement and will not be responsible to anyone other than Dana for providing the protections afforded to clients of RBC Capital Markets nor for providing advice in connection with the Offer or this announcement or any matter referred to herein. Morgan Stanley & Co. Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Dana and no one else in connection with the Offer and this announcement and will not be responsible to anyone other than Dana for providing the protections afforded to clients of Morgan Stanley & Co. Limited nor for providing advice in connection with the Offer or this announcement or any matter referred to herein. This information is provided by RNS The company news service from the London Stock Exchange END MSCEAFEKEEAEFFF
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