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ENK ENK

19.25
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
ENK LSE:ENK London Ordinary Share GB00B3XPFJ68 ORD 4P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 19.25 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

ENK PLC Posting of Letter to Shareholders (6715M)

19/09/2012 3:25pm

UK Regulatory


European Nickel (LSE:ENK)
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TIDMENK

RNS Number : 6715M

ENK PLC

19 September 2012

Posting of Letter to Shareholders

19 September 2012 - ENK PLC ("ENK" or the "Company") (AIM, ASX: ENK) announces that it has today posted a letter to Shareholders who have not accepted the cash offer from DMCI Holdings Inc. and D&A Income Limited (the "Letter") reiterating the Independent Director's recommendation that Shareholders accept the Offer before the closing date of 28 September 2012 (for Shareholders) or 26 September 2012 (for CDI holders).

The Letter restates the Independent Directors' view that they do not believe that it would be in the best interests of ENK Shareholders to remain in a minority equity position in the Company and that the delisting of ENK from AIM and the ASX will significantly reduce liquidity and the ability for shareholders to sell their shares.

Terms defined in the Offer Document have the same meanings in this announcement.

For more information or to view a copy of this document and the Letter, please visit www.enk.co.uk or contact:

   Robert Gregory, Managing Director, ENK                                        Tel: +63 917 513 4970 

Mark Hanlon, Finance Director, ENK Tel: +61 8 9226 1111

Chris Sim, Neil Elliot, Investec Tel: +44 20 7597 5970

   Tim Blythe or Robert Kellner, Blythe Weigh Communications        Tel: +44 20 7138 3204 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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