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COV Cove Energy

239.50
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cove Energy LSE:COV London Ordinary Share GB0034353531 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% 239.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

PTT Exploration Receives 94.32% Acceptances for Cove Energy Offer

17/08/2012 8:06am

Dow Jones News


Cove Energy (LSE:COV)
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LONDON--Thai exploration company PTT Exploration & Production Public Co Ltd (PTTEP.PH) Friday said it has received 94.32% valid acceptances for its acquisition offer for Cove Energy PLC (COV.LN) as at 1200 GMT on Aug. 16.

MAIN FACTS:

-Recommended Cash Offer by PTTEP Africa Investment Limited for Cove Energy.

-PTTEP AI has received valid acceptances from Cove Shareholders in respect of 463.1 million Cove shares representing 94.32% of the existing issued share capital of Cove.

-All of the conditions to the recommended Offer for Cove have been satisfied or waived and the offer is declared wholly unconditional.

-Shares of Cove Energy on Thursday closed at 240 pence.

-Write to Tapan Panchal at tapan.panchal@dowjones.com

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