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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Senterra Egy | LSE:SEN | London | Ordinary Share | GB00BYX0MB92 | ORD GBP0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMSEN
RNS Number : 6290P
Senterra Energy PLC
21 November 2016
For immediate release 07.31 21 November 2016
Senterra Energy plc
("Senterra" or the "Company")
Termination of Acquisition
and
Restoration of Listing
The Directors of Senterra announce that the transaction contemplated in the non-binding letter of intent ("LOI") announced on 23 May 2016 ("Announcement") to acquire the entire issued share capital of Oasis Smart Sim PTE Ltd ("Oasis"), has been terminated by Oasis.
The Announcement also referred to the possibility of a short-term loan being provided by the Company to Oasis; however no such loan has been or will be made.
The board is disappointed that Oasis have chosen to withdraw from the transaction at this late stage. However, the Directors believe that there continues to be other attractive businesses and technologies available for acquisition. The board believes that a replacement transaction will be found and hopes to be in a position to update shareholders in the near future.
The Company have requested the restoration of listing of the Company's ordinary shares with effect from 7.30 a.m. on 21 November 2016.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
For more information:
Senterra Energy plc (Company) ============================================== ===================== Jeremy King +44 (0) 20 3137 1904 ============================================== ===================== Optiva Securities Limited (Broker) ============================================== ===================== Christian Dennis +44 (0) 20 3137 1902 ============================================== ===================== Beaumont Cornish Limited (Financial Adviser) ============================================== ===================== Roland Cornish and Felicity Geidt +44 (0) 20 7628 3396 ============================================== =====================
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
November 21, 2016 02:31 ET (07:31 GMT)
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