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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Forte Energy | LSE:FTE | London | Ordinary Share | AU000000FTE4 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0029 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMFTE Offer to BGL Shareholders Forte Energy NL AIM Release 7 January 2016 Offer to BGL Shareholders Further to its announcement on 31 December 2015, Forte Energy NL ("Forte" or "the Company") (AIM: FTE), is pleased to announce that the Company has forwarded an offer to the remaining 49.7% of shareholders of BOS GLOBAL Limited ("BGL") to acquire their BGL Shares on the same terms as those provided to the DJ Family Trust (the "Offer"). The acquisition of 100% of BGL Shares by Forte (the "Acquisition") will be treated as a reverse takeover under the AIM Rules for Companies. Consequently it will be subject to the approval of Forte shareholders and, following shareholder approval, the admission of the enlarged Forte to trading on AIM. Upon BGL shareholder acceptance of the terms of the Offer, as soon as practically possible Forte will publish a notice of meeting to seek the approval of Forte shareholders for the Acquisition, and apply for admission to AIM as a financial technology ("FinTech") company. Trading in Forte's shares on AIM remains suspended pending publication of an admission document or termination of the Acquisition. The Company looks forward to providing further updates as the transaction progresses. For further information contact: Mark Reilly, Managing Director Forte Energy NL Tel: +61 (0) 8 9322 4071 Oliver Morse RFC Ambrian Ltd Tel: +61 (0) 8 9480 2500 (AIM Nominated Adviser to the Company) Forte Energy NL Suite 3, Level 3 1292 Hay Street West Perth WA 6005 Ph: +61 (0)8 9322 4071 Fax: +61 (0)8 9322 4073 Email: info@forteenergy.com.au Web: www.forteenergy.com.au Forte Energy NL
(END) Dow Jones Newswires
January 07, 2016 04:21 ET (09:21 GMT)
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