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MPLE Maple Energy

1.625
0.00 (0.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Maple Energy LSE:MPLE London Ordinary Share IE00B1FRPX03 ORD USD0.01 (EX-DIVIDEND)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.625 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Maple Energy plc Cancellation of Admission to Trading on AIM (5697P)

08/06/2015 5:31pm

UK Regulatory


Maple Energy (LSE:MPLE)
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TIDMMPLE

RNS Number : 5697P

Maple Energy plc

08 June 2015

08 June2015

MAPLE ENERGY PLC

("Maple" or the "Company")

Cancellation of Admission to Trading on AIM

Maple Energy plc advises that pursuant to AIM Rule 41, the Company's shares will be cancelled from trading on AIM ("Cancellation") at 7:00 a.m. on 9 June 2015 due to having been suspended from trading for six months.

As announced on 8 December 2014, the Company's shares were suspended from trading on AIM pending further clarification and the outcome of negotiations with the Senior Lenders. On 22 December 2014, the Company announced that it had entered into a term sheet ("Term Sheet") with the senior lenders ("Senior Lenders") to the Company's ethanol business, Maple Etanol S.R.L and Maple Biocombustibles S.R.L (together, the "Ethanol Companies") in respect of the existing senior secured loans (the "Ethanol Loans") provided to the Ethanol Companies by the Senior Lenders. The Term Sheet defined the steps and actions to be taken in order to repay the outstanding balance of the Ethanol Loans and the Company continues to work with the Senior Lenders in accordance with the Term Sheet.

At the present time Maple is also listed on the Lima Stock Exchange (Bolsa de Valores de Lima) and the Company advises that this listing will terminate automatically upon Cancellation becoming effective.

Shareholders are advised that, following Cancellation, the Company intends to provide updates via its website at www.maple-energy.com. All queries in relation to shareholdings in the Company should be directed to Capita Asset Services, Shareholders solutions (Ireland) 2 Grand Canal Square, Dublin 2, Ireland.

For further information, please contact:

Maple Energy plc (+ 51 1 611 4000)

Guillermo Ferreyros, Chief Executive Officer and Executive Director

Cenkos Securities plc (+ 44 131 220 6939)

Derrick Lee

Neil McDonald

This information is provided by RNS

The company news service from the London Stock Exchange

END

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