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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Circle Oil | LSE:COP | London | Ordinary Share | IE00B034YN94 | ORD EUR0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.625 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCOP
RNS Number : 8304C
Circle Oil PLC
11 March 2011
11 March 2011
Circle Oil Plc
("Circle" or the "Company")
Statement regarding the Shareholding of Libya Oil Holdings Ltd ("LOH")
The Company has reviewed the Council Regulation (EU) No 204/2011 of 2 March 2011 concerning restrictive measures in view of the situation in Libya and the Council Implementing Regulation (EU) No 233/2011 of 10 March 2011 (together the "Regulations").
Having taken legal advice, the Company considers that the ordinary shares that are beneficially held by LOH, representing 17.75 per cent. of the total issued share capital of the Company, are subject to the Regulations and are therefore effectively frozen. The Company has today informed LOH that it will not register any transfer in respect of the shares until further notice.
This action has no effect on the ongoing operations of the Company.
For further information contact:
Circle Oil Plc (+44 20 7638 9571) Professor Chris Green, CEO
Evolution Securities (+44 20 7071 4300) Rob Collins Chris Sim Neil Elliot
Fox-Davies Capital (+44 20 7936 5230) Daniel Fox-Davies
Philip Davies
David Porter
Citigate Dewe Rogerson (+44 20 7638 9571) Martin Jackson George Cazenove
Murray Consultants (+353 1 498 0320) Joe Murray Joe Heron
This information is provided by RNS
The company news service from the London Stock Exchange
END
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