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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Irvine Energy | LSE:IVE | London | Ordinary Share | GB00B0R2Q661 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.41 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMIVE RNS Number : 5572W Irvine Energy PLC 30 July 2009 Irvine Energy plc / Index: AIM / Epic: IVE / Sector: Exploration & Production 30th July 2009 Irvine Energy plc ('Irvine' or 'the Company') Notice of Cancellation of Admission of Ordinary Shares from AIM Irvine Energy plc, the AIM listed oil and gas exploration and production company, announces the cancellation of admission of the Company's Ordinary Shares on AIM, following a period of six months of suspension from trading and in accordance with AIM Rule 41.The cancellation of the Company's Ordinary Shares from AIM is effective from 7:00 am on 31 July 2009. The Board is in advanced negotiations for the acquisition and financing of additional assets in the United States. The Company has signed a non-binding letter of intent to purchase significant oil and gas production and development assets. It has received indicative terms on financing the proposed acquisition from two major financial institutions and is in discussions with one other. The Board, led by the newly appointed Executive Chairman Robert Bensh, remains committed to advancing the Company. It is the Company's intention, at this stage, to apply for a re-listing if the transaction is completed. In the meantime, the Company intends to keep shareholders advised of new developments in the Company's business by disclosing material information to shareholders through its website. Irvine Executive Chairman Robert Bensh said, "We continue to make progress in securing additional assets and the associated funding required to take the Company forward and secure its future. I appreciate that shareholders will be disappointed by our delisting but our intention remains to relist the Company and to create value for our shareholders." * * ENDS * * For further information please visit http://www.irvineenergy.com or contact: +---------+------------+-----------+ | Robert | Irvine | Tel: | | Bensh | Energy | +44 | | | plc | (0)7825 | | | | 177 479 | +---------+------------+-----------+ | Ross | Irvine | Tel: | | Warner | Energy | +44 | | | plc | (0) 20 | | | | 7766 7500 | +---------+------------+-----------+ | Rob | Evolution | Tel: | | Collins | Securities | +44 | | | | (0) 20 | | | | 7071 4300 | +---------+------------+-----------+ | Adam | Evolution | Tel: | | James | Securities | +44 | | | | (0) 20 | | | | 7071 4300 | +---------+------------+-----------+ | Hugo | St | Tel: | | de | Brides | +44 | | Salis | Media | (0) 20 | | | & | 7236 1177 | | | Finance | | +---------+------------+-----------+ This information is provided by RNS The company news service from the London Stock Exchange END MSCGCGDRRDXGGCG
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