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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Berkeley Energia Limited | LSE:BKY | London | Ordinary Share | AU000000BKY0 | ORD NPV (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.25 | 1.32% | 19.25 | 18.50 | 20.00 | 19.25 | 18.75 | 18.75 | 51,283 | 11:04:03 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Gold Ores | 0 | -1.37M | -0.0031 | -116.13 | 160.49M |
TIDMBKY
RNS Number : 0433R
Berkeley Energia Limited
02 November 2021
BERKELEY ENERGIA LIMITED
NEWS RELEASE | 2 November 2021
ASX Trading Halt
Berkeley Energia Limited ("Berkeley" or "Company") advises that trading in the shares of the Company have been halted on the Australian Securities Exchange ("ASX") today, 2 November 2021. The halt was requested by the Company pending an announcement. The Company advises that it has received a claim from Singapore Mining Acquisition Co Pte Ltd (a subsidiary of the Oman Investment Authority ("OIA"), formerly the State General Reserve Fund of Oman) in relation to the investment agreement and convertible note entered into in 2017. The claim alleges that the principle amount of US$65 million of the convertible note is immediately payable by the Company due to allegations that the investment agreement and convertible note have been frustrated, repudiated and/or an event of default has occurred.
The Company strongly disputes the allegations and claim made by OIA and is currently seeking legal advice in relation to the matter.
The trading halt on ASX will remain until the earlier of an announcement to the market regarding the above or the opening of trade on ASX on 4 November 2021.
Trading in the Company's ordinary securities will continue as normal on the London and Spanish exchanges during this period.
For further information please contact:
Robert Behets Dylan Browne Acting Managing Director CFO and Company Secretary +61 8 9322 6322 info@berkeleyenergia.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
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(END) Dow Jones Newswires
November 02, 2021 03:15 ET (07:15 GMT)
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