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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 |
LONDON--PTTEP Africa Investment Ltd., a wholly owned subsidiary of PTT Exploration & Production PCL (PTTEP.TH), said Tuesday that Cove Energy PLC (COV.LN) shareholders who collectively own 91.4% of the company have accepted PTT's offer to buy the company, adding that as a result the offer has become unconditional as to acceptances.
MAIN FACTS:
-Has received valid acceptances from Cove Shareholders in respect of 448,624,418 shares
-PTT expects that the Mozambique condition will be satisfied shortly
-Cove shares closed at 238 pence in London valuing the company at GBP1.2 billion.
-Write to Ed Ballard at ed.ballard@dowjones.com
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