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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Asa Resource | LSE:ASA | London | Ordinary Share | GB00B0GN3470 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.925 | 1.85 | 2.00 | 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
TIDMASA
RNS Number : 4201N
ASA Resource Group PLC
08 August 2017
Asa Resource Group plc (in Administration)
("Asa," or the "Company")
Update on publication of defence circular
On 1 August 2017, the board of Asa announced that it had appointed Mark Skelton and Trevor Birch of Duff & Phelps Ltd as joint administrators of the Company.
As a result of Asa entering administration, its directors no longer have any executive authority to act on behalf of the Company. This means therefore that the board of Asa will not be able to comply with either Rule 25.1 of the Takeover Code which requires the board of an offeree company to send a circular to its shareholders in response to an offer made to those shareholders, or with Rule 25.2 which requires the offeree board to set out the board's opinion on the offer and the board's reasons for forming its opinions.
This announcement has been made with the consent of the Takeover Panel.
Contact
Asa Resource Group plc (in Administration)
One Fleet Place, London EC4M 7WS
communications@asaresourcegroup.com
Nominated Adviser and Broker
SP Angel Corporate Finance LLP
John Mackay, Jeff Keating, Caroline Rowe
Tel: +44 (0) 20 3470 0470
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUWUARBNAWRAR
(END) Dow Jones Newswires
August 08, 2017 07:27 ET (11:27 GMT)
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