We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Contango Holdings Plc | LSE:CGO | London | Ordinary Share | GB00BF0F5X78 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.925 | 0.90 | 0.95 | 0.925 | 0.925 | 0.925 | 122,305 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Business Consulting Svcs,nec | 0 | -6.71M | -0.0142 | -0.65 | 4.35M |
TIDMCGO
RNS Number : 8235A
Contango Holdings PLC
31 May 2019
Contango Holdings Plc / Index: LSE / Epic: CGO / Sector: Natural Resources
31 May 2019
Contango Holdings Plc
("Contango" or the "Company")
Acquisition Update
Contango Holdings Plc ("Contango" or the "Company") is pleased to update shareholders with respect to its proposed acquisition of the Lubu Coalfield project in Zimbabwe ("Lubu Coalfield") from Consolidated Growth Holdings Limited ("CGH"). The Company has made significant progress and now expects to be in a position to issue a prospectus for shareholders' consideration in the current quarter, as outlined in its most recent announcement of 09 April 2019.
As a sign of its increasing expectation of a successful close to the transaction, the Board of Contango has agreed to pay US$120,000 to CGH so that it can continue to progress the Lubu Coalfield. In the event the transaction does not unconditionally complete by, at the latest, 24 December 2019, CGH will be obliged to repay the US$120,000 to the Company, potentially with additional interest.
Contango will provide a more detailed update to shareholders in due course.
* ENDS *
For further information, please visit www.contango-holdings-plc.co.uk or contact:
Contango Holdings plc E: info@contango-holdings-plc.co.uk Brandon Hill Capital Limited T: +44 (0)20 3463 5000 Financial Adviser & Broker Jonathan Evans St Brides Partners Ltd T: +44 (0)20 7236 1177 Financial PR & Investor Relations Catherine Leftley/Cosima Akerman
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.
END
ACQEASSFDLDNEFF
(END) Dow Jones Newswires
May 31, 2019 11:46 ET (15:46 GMT)
1 Year Contango Chart |
1 Month Contango Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions