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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Harworth Group Plc | LSE:HWG | London | Ordinary Share | GB00BYZJ7G42 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
7.50 | 4.44% | 176.50 | 174.50 | 176.00 | 177.00 | 171.00 | 171.00 | 65,201 | 12:35:05 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Offices-holdng Companies,nec | 72.43M | 37.96M | 0.1168 | 15.11 | 549.13M |
TIDMCRES
RNS Number : 2751I
Coalfield Resources PLC
24 March 2015
24 March 2015
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO ANY JURISDICTION WHERE TO DO SO
WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION
Coalfield Resources plc ("Coalfield Resources" or the "Company")
Completion of the Acquisition and Admission
and
Confirmation of Board Changes
Acquisition and Admission
Further to the Company's announcement on 23 March 2015 regarding the result of General Meeting held that day, the Company is pleased to announce that completion of the acquisition of 75.1% of the shares in Harworth Estates Property Group Limited from the Board of the Pension Protection Fund (the "Acquisition") and admission to the standard listing segment of the Official List of the new ordinary shares issued pursuant to the Firm Placing and Placing and Open Offer occurred at 8:00am this morning.
A further announcement regarding the Company's change of name to Harworth Group plc is expected to be made later today.
Board Changes
Following completion of the Acquisition, the Company is pleased to confirm the following appointments to the Board of Directors with immediate effect:
-- Owen Michaelson as Chief Executive Officer; -- Mike Richardson as Finance Director; -- Anthony Donnelly as Non-executive Director; and -- Martyn Bowes as Non-executive Director.
Anthony Donnelly will join the Company's Audit Committee and Martyn Bowes will join the Remuneration Committee.
Owen Michaelson was previously a director of UK Coal plc and resigned from that board on 10 December 2012.
No other information is required to be disclosed pursuant to Listing Rule 9.6.13R in relation to the above appointments to the Board of Directors of the Company.
Enquiries:
Coalfield Resources plc Jonson Cox, Chairman Owen Michaelson, Chief Executive Officer Mike Richardson, Chief Financial Officer +44 (0) 1143 030 882 Investec Bank plc (Financial Adviser and Broker to Coalfield Resources) Jeremy Ellis, Chris Sim, David Anderson, Symmie Swil +44 (0) 20 7597 4000 Cardew Group (Media) Anthony Cardew, Tom Horsman +44 (0) 20 7930 0777
This information is provided by RNS
The company news service from the London Stock Exchange
END
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